Arq Q1 2025: revenue $27.2M (+25% YoY), net income $0.2M, CFO appointed

Arq, Inc.

2025-Q1 EPS reported $0.00 revenue$27,247,000

Revenue $27.2M (+25% YoY); ASP up 13% YoY, 8th consecutive double-digit growth.
Net income $0.2M vs net loss $3.4M in Q1 2024; Adjusted EBITDA $4.1M vs ($0.4M).
Gross margin 36.4% with GAC start-up costs; all PAC contracts now net cash positive.
Signed second largest PAC contract in company history.
Appointed Jay Voncannon as CFO (35-year veteran); first commercial GAC production expected by end of Q2/early Q3 2025.

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