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Stocks Comparison

Arq vs Orion: revenue, profit, margins and growth compared

Arq brought in $120.3M of revenue in fiscal 2025, Orion $1.8B in fiscal 2025. Revenue changed by +10.4% at Arq and -3.8% at Orion on the year before, so Arq grew faster. Arq kept -43.7% of its revenue as net profit, Orion -3.9%. Free cash flow was -$11.3M at Arq and $54.8M at Orion.

Side by side, latest fiscal year

ARQOEC
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$120.3M$1.8B
Revenue growth+10.4%-3.8%
Net income-$52.6M-$70.1M
Net margin-43.7%-3.9%
Free cash flow-$11.3M$54.8M
Free cash flow margin-9.4%3.0%
Earnings per share (diluted)-$1.27-$1.24
Cash$6.6M$60.7M
Debt$28.7M$979.5M
Price to earningsn/an/a
Market value$88.2M$332.9M
Dividend yieldn/a1.36%
Rank by revenue in sector#370 of 451 · Industrials#229 of 451 · Industrials

Over the years

Revenue
ARQ FY2018: $23.9MARQ FY2019: $70.1MARQ FY2020: $67.4MARQ FY2021: $100.3MARQ FY2022: $103MARQ FY2023: $99.2MARQ FY2024: $109MARQ FY2025: $120.3MOEC FY2018: $1.6BOEC FY2019: $1.5BOEC FY2020: $1.1BOEC FY2021: $1.5BOEC FY2022: $2BOEC FY2023: $1.9BOEC FY2024: $1.9BOEC FY2025: $1.8BFY18FY19FY20FY21FY22FY23FY24FY25
ARQ $120.3MOEC $1.8B
Net income
ARQ FY2018: $35.5MARQ FY2019: $35.5MARQ FY2020: -$20.3MARQ FY2021: $60.4MARQ FY2022: -$8.9MARQ FY2023: -$12.2MARQ FY2024: -$5.1MARQ FY2025: -$52.6MOEC FY2018: $121.3MOEC FY2019: $86.9MOEC FY2020: $18.2MOEC FY2021: $134.7MOEC FY2022: $106.2MOEC FY2023: $103.5MOEC FY2024: $44.2MOEC FY2025: -$70.1MFY18FY19FY20FY21FY22FY23FY24FY25
ARQ -$52.6MOEC -$70.1M
Net margin
ARQ FY2018: 148.1%ARQ FY2019: 50.7%ARQ FY2020: -30.1%ARQ FY2021: 60.2%ARQ FY2022: -8.7%ARQ FY2023: -12.3%ARQ FY2024: -4.7%ARQ FY2025: -43.7%OEC FY2018: 7.7%OEC FY2019: 5.9%OEC FY2020: 1.6%OEC FY2021: 8.7%OEC FY2022: 5.2%OEC FY2023: 5.5%OEC FY2024: 2.4%OEC FY2025: -3.9%FY18FY19FY20FY21FY22FY23FY24FY25
ARQ -43.7%OEC -3.9%
Revenue growth
ARQ FY2019: +192.7%ARQ FY2020: -3.9%ARQ FY2021: +48.9%ARQ FY2022: +2.7%ARQ FY2023: -3.7%ARQ FY2024: +9.9%ARQ FY2025: +10.4%OEC FY2019: -6.5%OEC FY2020: -23.0%OEC FY2021: +36.1%OEC FY2022: +31.3%OEC FY2023: -6.7%OEC FY2024: -0.9%OEC FY2025: -3.8%FY19FY20FY21FY22FY23FY24FY25
ARQ +10.4%OEC -3.8%
Free cash flow
ARQ FY2018: -$10.4MARQ FY2019: $54.4MARQ FY2020: $47.4MARQ FY2021: $19.8MARQ FY2022: -$15MARQ FY2023: -$44.2MARQ FY2024: -$74.7MARQ FY2025: -$11.3MOEC FY2018: $10.9MOEC FY2019: $72.8MOEC FY2020: -$13.5MOEC FY2021: -$69.5MOEC FY2022: -$151.8MOEC FY2023: $173.1MOEC FY2024: -$81.4MOEC FY2025: $54.8MFY18FY19FY20FY21FY22FY23FY24FY25
ARQ -$11.3MOEC $54.8M

Fiscal years as each company reports them; the two may end in different months.

Questions about Arq and Orion

Which is bigger by revenue, Arq or Orion?

Orion is bigger by revenue: $1.8B in fiscal 2025, against $120.3M for Arq in fiscal 2025.

Which keeps more of its revenue as profit, Arq or Orion?

Arq had a net margin of -43.7% in fiscal 2025; Orion had -3.9% in fiscal 2025.

Which grew revenue faster, Arq or Orion?

In their latest fiscal years revenue changed by +10.4% at Arq and -3.8% at Orion.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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