{"schema_version":"secwatch.filing_event.v1","accession":"0001515156-26-000020","form_type":"8-K","ticker":"ARQ","cik":"0001515156","company_name":"Arq, Inc.","filed_at":"2026-03-10T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.288042+00:00","generated_at":"2026-05-15T16:31:54.139372+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Arq reports record $120M revenue but $52.6M net loss; $45M impairment on Corbin; pauses GAC","bullets":["FY 2025 revenue $120.3M (+10% YoY); Q4 revenue $29.4M.","FY 2025 net loss $52.6M vs $5.1M loss in FY 2024; non-cash impairment charge of $45M related to Corbin assets.","Adjusted EBITDA $13.2M in FY 2025 vs $10.5M prior year (26% improvement); Q4 Adjusted EBITDA $0.3M.","Pausing GAC production and development for comprehensive engineering and process optimization review.","Appointed industry veteran as VP Operations; provided inaugural financial guidance for full-year 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001515156-26-000020","json":"https://secwatch.observer/filing/0001515156-26-000020.json","markdown":"https://secwatch.observer/filing/0001515156-26-000020.md","text":"https://secwatch.observer/filing/0001515156-26-000020.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1515156/000151515626000020/0001515156-26-000020-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1515156/000151515626000020/arq-20260309.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T16:31:54.139372+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4b2972c5e991d0a1a4fc9a36b493bfed2cee7667","claim":"Arq, Inc. reported the fiscal year ended December 31, 2025 results: revenue $120.3 million, net income Net loss of $52.6 million. Guidance initiated.","evidence_excerpt":"• Generated revenue of $120.3 million in FY 2025 ($29.4 million in Q4 2025), up 10% over the prior year, driven largely by positive changes in product mix and overall volumes • Gross margin of 27.9% in FY 2025 vs. 36.2% in FY 2024, driven by higher costs directly related to granular activated carbon (“GAC”) start-up costs • Gross margin in Q4 2025 of 13.6% vs. 36.3% in Q4 2024, reflecting negative impact of GAC start-up costs • Recorded non-cash impairment charge of $45 million related to Corbin assets in Q4 2025, reflecting the temporary idling of the Corbin facility. • Reported Net loss of $52.6 million in FY 2025, versus a Net loss of $5.1 million in FY 2024","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1515156/000151515626000020/0001515156-26-000020-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal year ended December 31, 2025"},{"label":"Revenue","value":"$120.3 million"},{"label":"Net income","value":"Net loss of $52.6 million"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"90d3708534597620892aae778066799986968a03","claim":"Arq, Inc. reported the fourth quarter ended December 31, 2025 results: revenue $29.4 million, net income Net loss of $50.0 million. Guidance initiated.","evidence_excerpt":"• Generated revenue of $120.3 million in FY 2025 ($29.4 million in Q4 2025), up 10% over the prior year, driven largely by positive changes in product mix and overall volumes • Gross margin of 27.9% in FY 2025 vs. 36.2% in FY 2024, driven by higher costs directly related to granular activated carbon (“GAC”) start-up costs • Gross margin in Q4 2025 of 13.6% vs. 36.3% in Q4 2024, reflecting negative impact of GAC start-up costs • Recorded non-cash impairment charge of $45 million related to Corbin assets in Q4 2025, reflecting the temporary idling of the Corbin facility. • Reported Net loss of $52.6 million in FY 2025, versus a Net loss of $5.1 million in FY 2024; Q4 2025 Net loss of $50.0 million vs. Net loss of $1.3 million in Q4 2024","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1515156/000151515626000020/0001515156-26-000020-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2025"},{"label":"Revenue","value":"$29.4 million"},{"label":"Net income","value":"Net loss of $50.0 million"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}