Arq, Inc. reported Q4 and full year 2025 financial results with revenue of $29.4 million and $120.3 million, respectively, but recorded a $44.8 million impairment charge on Corbin facility assets leading to net losses of $50.0 million and $52.6 million. The company paused GAC production, announced executive changes, and provided 2026 guidance of $120-125 million revenue and $17-20 million Adjusted EBITDA.
Key takeaways
Revenue $120.3 million for FY 2025, up 10% from $109.0 million in FY 2024
Net loss $52.6 million or $1.27 per diluted share for FY 2025 vs $5.1 million or $0.14 in FY 2024
$44.8 million impairment charge on Corbin facility in Q4 2025; facility temporarily idled
Pausing GAC production in 2026 for engineering review; no GAC contribution expected
Eric Robinson appointed VP Operations effective immediately; Deke Williamson departs as COO effective April 18, 2026
Jay Voncannon no longer CFO effective immediately; Anthony Nathan promoted to VP Finance