← Back to All US Stocks

Arq, Inc. (ARQ) Fundamental Analysis & AI Grade 2026

ARQ Nasdaq Miscellaneous Chemical Products CIK: 0001515156
Update Pending • Analysis: May 8, 2026 • SEC Data: 2026-03-31
Combined AI Grade
C
84% Confidence
AGREEMENT
C
78% Conf
D
90% Conf

📊 ARQ Key Takeaways

Revenue: $29.1M
Net Margin: -2.9%
Free Cash Flow: $-676.0K
Current Ratio: 1.02x
Debt/Equity: 0.18x
EPS: $-0.02
AI Grade: C with 78% confidence
Arq, Inc. (ARQ) receives a C fundamental grade with 84% confidence from our AI analysis based on SEC 10-K filings. With revenue of $29.1M, net profit margin of -2.9%, and return on equity (ROE) of -0.5%, Arq, Inc. demonstrates mixed fundamentals in the Materials sector. Below is our complete ARQ stock analysis for 2026.

Is Arq, Inc. (ARQ) a Good Investment?

Claude

Arq demonstrates revenue growth momentum (+10.4% YoY) but is fundamentally unprofitable with deteriorating earnings (-2.9% net margin) and negative free cash flow of -$676K. The company faces critical liquidity constraints with a quick ratio of 0.58x and only $4.7M cash against $30.4M long-term debt, indicating potential cash burn concerns despite modest operating cash flow.

ChatGPT

Arq, Inc. is showing revenue growth, but the quality of that growth is weak because it is paired with deeply negative operating and net margins, sharply worsening earnings, and negative free cash flow. The balance sheet is not highly levered, but thin liquidity, poor interest coverage, and ongoing cash burn materially weaken the company’s fundamental profile.

Arq, Inc. Key Strengths (ARQ)

Claude
  • + Revenue growth of 10.4% year-over-year shows market traction
  • + Conservative leverage with 0.18x debt-to-equity ratio provides capital structure flexibility
  • + Reasonable asset base of $232.1M with stockholders equity of $167.8M
ChatGPT
  • + Revenue grew 10.4% year over year, indicating underlying demand or volume expansion
  • + Gross margin of 32.5% shows the core product base retains some economic value before overhead and other costs
  • + Debt-to-equity of 0.17x and a large equity base suggest leverage is not currently the main balance-sheet problem

ARQ Stock Risks: Arq, Inc. Investment Risks

Claude
  • ! Negative free cash flow of -$676K indicates underlying cash burn despite positive OCF, suggesting unsustainable operations
  • ! Critical liquidity pressure with quick ratio of 0.58x and current ratio of 1.02x paired with only $4.7M cash reserves
  • ! Operating losses and deteriorating net income (-$842K) with EPS declining 807% YoY, indicating structural profitability challenges
  • ! Abnormal gross margin of 134.6% raises questions about earnings quality and accounting adjustments
ChatGPT
  • ! Operating margin of -44.0% and net margin of -43.7% indicate severe cost structure or execution issues
  • ! Net income deteriorated sharply year over year and ROE/ROA are deeply negative, signaling poor capital efficiency
  • ! Current ratio of 1.04x, quick ratio of 0.66x, and negative free cash flow raise liquidity and funding risk if losses persist

Key Metrics to Watch

Claude
  • * Free cash flow trajectory and path to positive FCF generation
  • * Operating margin improvement toward breakeven
  • * Cash balance and working capital adequacy relative to debt obligations
ChatGPT
  • * Operating cash flow and free cash flow trend
  • * Operating margin improvement versus revenue growth

Arq, Inc. (ARQ) Financial Metrics & Key Ratios

Revenue
$29.1M
Net Income
$-842.0K
EPS (Diluted)
$-0.02
Free Cash Flow
$-676.0K
Total Assets
$232.1M
Cash Position
$4.7M

💡 AI Analyst Insight

Arq, Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

ARQ Profit Margin, ROE & Profitability Analysis

Gross Margin 134.6%
Operating Margin -3.4%
Net Margin -2.9%
ROE -0.5%
ROA -0.4%
FCF Margin -2.3%

ARQ vs Materials Sector: How Arq, Inc. Compares

How Arq, Inc. compares to Materials sector averages

Net Margin
ARQ -2.9%
vs
Sector Avg 10.0%
ARQ Sector
ROE
ARQ -0.5%
vs
Sector Avg 14.0%
ARQ Sector
Current Ratio
ARQ 1.0x
vs
Sector Avg 1.6x
ARQ Sector
Debt/Equity
ARQ 0.2x
vs
Sector Avg 0.6x
ARQ Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Arq, Inc. Stock Overvalued? ARQ Valuation Analysis 2026

Based on fundamental analysis, Arq, Inc. has mixed fundamental signals relative to the Materials sector in 2026.

Return on Equity
-0.5%
Sector avg: 14%
Net Profit Margin
-2.9%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.18x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Arq, Inc. Balance Sheet: ARQ Debt, Cash & Liquidity

Current Ratio
1.02x
Quick Ratio
0.58x
Debt/Equity
0.18x
Debt/Assets
27.7%
Interest Coverage
-1.24x
Long-term Debt
$30.4M

ARQ Revenue & Earnings Growth: 5-Year Financial Trend

ARQ 5-year financial data: Year 2021: Revenue $100.3M, Net Income -$1.9M, EPS $-0.11. Year 2022: Revenue $103.0M, Net Income $60.4M, EPS $3.27. Year 2023: Revenue $103.0M, Net Income -$8.9M, EPS $-0.48. Year 2024: Revenue $109.0M, Net Income -$12.2M, EPS $-0.42. Year 2025: Revenue $120.3M, Net Income -$5.1M, EPS $-0.14.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Arq, Inc.'s revenue has grown significantly by 20% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.14 indicates the company is currently unprofitable.

ARQ Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-2.3%
Free cash flow / Revenue

ARQ Quarterly Earnings & Performance

Quarterly financial performance data for Arq, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $27.2M $203.0K $0.00
Q3 2025 $34.8M $203.0K $-0.02
Q2 2025 $25.4M $203.0K $-0.05
Q1 2025 $21.7M $203.0K $0.00
Q3 2024 $29.8M $1.6M $0.04
Q2 2024 $20.4M -$2.0M $-0.06
Q1 2024 $20.8M -$3.4M $-0.09
Q3 2023 $28.4M -$326.0K $-0.07

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Arq, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$64.0K
Cash generated from operations
Capital Expenditures
$740.0K
Investment in assets
Dividends
None
No dividend program

ARQ SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Arq, Inc. (CIK: 0001515156)

📋 Recent SEC Filings

Date Form Document Action
May 27, 2026 8-K ades-20260520.htm View →
May 6, 2026 4 xslF345X06/wk-form4_1778104068.xml View →
May 6, 2026 8-K ades-20260506.htm View →
May 6, 2026 10-Q ades-20260331.htm View →
May 1, 2026 8-K ades-20260429.htm View →

Frequently Asked Questions about ARQ

What is the AI rating for ARQ?

Arq, Inc. (ARQ) has a Combined AI Grade of C from Claude (C) and ChatGPT (D) with 84% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are ARQ's key strengths?

Claude: Revenue growth of 10.4% year-over-year shows market traction. Conservative leverage with 0.18x debt-to-equity ratio provides capital structure flexibility. ChatGPT: Revenue grew 10.4% year over year, indicating underlying demand or volume expansion. Gross margin of 32.5% shows the core product base retains some economic value before overhead and other costs.

What are the risks of investing in ARQ?

Claude: Negative free cash flow of -$676K indicates underlying cash burn despite positive OCF, suggesting unsustainable operations. Critical liquidity pressure with quick ratio of 0.58x and current ratio of 1.02x paired with only $4.7M cash reserves. ChatGPT: Operating margin of -44.0% and net margin of -43.7% indicate severe cost structure or execution issues. Net income deteriorated sharply year over year and ROE/ROA are deeply negative, signaling poor capital efficiency.

What is ARQ's revenue and growth?

Arq, Inc. reported revenue of $29.1M.

Does ARQ pay dividends?

Arq, Inc. does not currently pay dividends.

Where can I find ARQ SEC filings?

Official SEC filings for Arq, Inc. (CIK: 0001515156) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is ARQ's EPS?

Arq, Inc. has a diluted EPS of $-0.02.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is ARQ's fundamental grade?

Based on our AI fundamental analysis in June 2026, Arq, Inc. has a C grade with 84% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is ARQ stock overvalued or undervalued?

Valuation metrics for ARQ: ROE of -0.5% (sector avg: 14%), net margin of -2.9% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

What is ARQ's AI grade for 2026?

Our dual AI analysis gives Arq, Inc. a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is ARQ's free cash flow?

Arq, Inc.'s operating cash flow is $64.0K, with capital expenditures of $740.0K. FCF margin is -2.3%.

How does ARQ compare to other Materials stocks?

Vs Materials sector averages: Net margin -2.9% (avg: 10%), ROE -0.5% (avg: 14%), current ratio 1.02 (avg: 1.6).

Top Rated Stocks
AAPL 92% MSFT 92% FAST 92% ANET 88% RDDT 88% KNSL 88% MGRE 88% FIZZ 88% AVGO 87% DECK 87%
Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 8, 2026 | Data as of: 2026-03-31 | Powered by Claude AI