Arq Q2 FY26 adjusted EBITDA rises 59% to $5.8 million; revenue increases 5% to $29.9 million
ARQ•Q2 FY26 results
Arq posted Q2 2026 revenue of USD 29.9 million, up 5% year over year.
GAAP net loss narrowed to USD 733,000, or USD 0.02 per share.
Non-GAAP adjusted EBITDA rose 59% to USD 5.8 million; gross margin widened 5.2 percentage points to 38.5%.
Operations and outlook
The Red River Plant turnaround finished in April, materially under budget; an optimization review flagged near-term throughput and unit-cost opportunities.
Arq reaffirmed its 2026 outlook for USD 120 million to USD 125 million in revenue and non-GAAP adjusted EBITDA of USD 17 million to USD 20 million; PAC for PFAS customer testing continues.
