10-Q · May 15, 2026
AirJoule Technologies reported a quarterly revenue of $0 for Q4 2026, significantly missing expectations and resulting in a diluted EPS of -0.37. This continued the trend of financial struggle for the firm, reinforcing…
Earnings analysis · 10-Q
AIRJ earnings analysis
Filed August 14, 2026 · Our reading of the company's report
The latest report
AirJoule reported diluted EPS of $(0.12), missing the $(0.07) consensus estimate, while the supplied 10-Q extract does not disclose revenue, margins, segment results, operating cash flow, free cash flow, or…
Read full summary
AirJoule reported diluted EPS of $(0.12), missing the $(0.07) consensus estimate, while the supplied 10-Q extract does not disclose revenue, margins, segment results, operating cash flow, free cash flow, or balance-sheet figures. The 2026 combined cash-spend outlook was raised to approximately $27 million-$28 million from $25 million, although management expects liquidity through 2028. The most material filing development is the conclusion that disclosure controls were ineffective as of June 30, 2026 due to a material weakness in accounting for complex, non-routine transactions.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $-0.12
What stood out
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Quarterly EPS Was $(0.12)
Diluted EPS was $(0.12), versus the $(0.07) consensus estimate, a $(0.05) shortfall. Revenue, margins and cash flow were not disclosed in the supplied 10-Q extract.
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Cash-Spend Outlook Increased
Management increased the 2026 combined cash-spend framework to approximately $27 million-$28 million from approximately $25 million previously, while stating liquidity remains sufficient through 2028.
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Material-Weakness Remediation Begun
The company identified a material weakness related to complex, non-routine transactions and began remediation by enhancing review processes and increasing technical accounting resources.
What to watch
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Material Weakness in Controls
Management concluded disclosure controls were not effective as of June 30, 2026, because of a material weakness involving the timely accounting for complex, non-routine transactions. The weakness creates a reasonable possibility that a material misstatement may not be prevented or detected on a timely basis.
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Reporting and Investor-Confidence Risk
The newly supplemented risk factor warns that failure to remediate internal-control deficiencies could impair timely reporting and materially adversely affect the stock price. The company stated remediation may not occur in a timely manner, or at all.
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Higher Cash-Burn Outlook
The 2026 cash-spend outlook increased to approximately $27 million-$28 million from approximately $25 million, indicating greater expected cash requirements. Although management expects liquidity through 2028, higher spending increases funding and execution risk.
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Large Planned Insider Share Sales
The CEO and a director each adopted Rule 10b5-1 trading arrangements on June 18, 2026, providing for sales of up to 1,000,000 shares each; the plans run through October 31, 2027 and September 10, 2027, respectively.
Management's outlook
The quantitative outlook discussed was approximately $27 million-$28 million of 2026 combined cash spending, increased from approximately $25 million previously. Management continues to expect sufficient liquidity through 2028; no numeric revenue or EPS guidance was provided.
Earlier filings 4
10-K · March 31, 2026
AirJoule is an early-stage, pre-revenue cleantech company commercializing its AirJoule sorption platform (proprietary MOF + pressure-swing system) for water-from-air, industrial dehumidification and HVAC. The company…
10-Q · November 14, 2025
AirJoule reported a quarterly net loss of $4,012,159 (diluted net loss per Class A share $0.07) for the three months ended September 30, 2025, reversing from prior-year quarter net income of $35,016,858 (diluted EPS…
10-Q · August 14, 2025
AirJoule reported GAAP net income of $2,513,213 (diluted EPS $0.04) for Q2 ended June 30, 2025, materially below the year‑ago quarter ($13,429,895, EPS $0.24) and down versus Q1 2025 net income of $14,878,658. Liquidity…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.