---
schema_version: "secwatch.filing_event.v1"
accession: "0001515156-24-000092"
form_type: "8-K"
ticker: "ARQ"
cik: "0001515156"
company_name: "Arq, Inc."
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T09:47:52.861384+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Arq Q1 revenue up 4% to $21.7M, net loss narrows to $3.4M; secures first GAC contract for 20% capacity

## Summary
- Revenue $21.7M (+4% YoY); ASP up 16% YoY; gross margin 37% vs 17% prior year.
- Net loss $3.4M vs prior year; Adjusted EBITDA loss $1.1M vs loss $7.7M.
- Secured first GAC contract covering ~20% of capacity at attractive pricing.
- Red River expansion on schedule for first production Q4 2024, expected payback ≤3 years.
- Updated FY2024 capex to $60-70M from $55-60M due to steel/concrete costs.

## SEC filing metadata
- accession: 0001515156-24-000092
- form_type: 8-K
- ticker: ARQ
- cik: 0001515156
- company_name: Arq, Inc.
- filed_at: 2024-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1515156/000151515624000092/0001515156-24-000092-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1515156/000151515624000092/ades-20240508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001515156-24-000092
- JSON: https://secwatch.observer/filing/0001515156-24-000092.json
- Plain text: https://secwatch.observer/filing/0001515156-24-000092.txt

## Key facts
- Earnings Releases
  Arq, Inc. reported the quarter ended March 31, 2024 results: revenue $21.7 million, net income Net loss of $3.4 million.
  - Period: the quarter ended March 31, 2024
  - Revenue: $21.7 million
  - Net income: Net loss of $3.4 million
  - Result: reported results
  source text: Generated revenue of $21.7 million in Q1 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1515156/000151515624000092/0001515156-24-000092-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.