AirJoule Technologies Corporation Warrant (AIRJW) Financials
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 14, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the AIRJW SEC filings page.
This page shows AirJoule Technologies Corporation Warrant (AIRJW) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 4 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
The reported business is balance-sheet driven: accounting income swung to a loss while both years produced negative operating cash flow.
FY2024's$215.7M net income arrived alongside-$24.3M operating cash flow, exposing weak cash conversion even before the loss year. In FY2025, a$9.0M net loss came with-$5.6M operating cash flow, so the earnings reversal was accompanied by continued cash outflow rather than a return to cash generation.
The balance sheet became less liability-heavy: total liabilities fell
FY2025's capital expenditures were just
Financial Health Signals
We do not publish a peer-relative financial health score for AirJoule Technologies Corporation Warrant, because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The signals and metrics below are current.
AirJoule Technologies Corporation Warrant passes 2 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass.
AirJoule Technologies Corporation Warrant reported a net loss of $9.0M while operations used $5.6M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
AirJoule Technologies Corporation Warrant's EBITDA was -$4.1M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
AirJoule Technologies Corporation Warrant reported a net loss of $8.5M in Q2 2026. This represents a decrease of 439.5% from the same quarter a year earlier. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Not reported for Q2 2026.
Not reported for Q2 2026.
Cash & Balance Sheet
AirJoule Technologies Corporation Warrant recorded an outflow of $1.4M in free cash flow in Q2 2026, representing a cash shortfall after capex. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
AirJoule Technologies Corporation Warrant held $41.4M in cash as of Q2 2026; no long-term debt figure is on record for that period.
Not reported for Q2 2026.
Margins & Returns
AirJoule Technologies Corporation Warrant's quarterly ROE was -3.4% in Q2 2026: one quarter's net income over shareholder equity, not annualized. This is down 4.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 17.2 percentage points.
Not reported for Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Capital Allocation
AirJoule Technologies Corporation Warrant reported no capital expenditure in Q2 2026. This represents a decrease of 100.0% from the same quarter a year earlier. Against the prior quarter it is down 100.0%.
Not reported for Q2 2026.
Not reported for Q2 2026.
AIRJW Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| R&D Expenses | N/A | N/A | N/A | N/A | $402K-61.8% | $388K-54.2% | N/A | N/A |
| SG&A Expenses | $3.9M+4.7% | $3.4M+21.1% | N/A | $3.0M+22.4% | $3.8M+14.4% | $2.8M+229.1% | N/A | $2.5M-34.2% |
| Operating Income | -$4.1Mn/m | -$3.6Mn/m | -$3.2Mn/m | -$3.0Mn/m | -$4.2Mn/m | -$3.2Mn/m | -$2.8M | -$2.4Mn/m |
| EBITDA | -$4.1Mn/m | -$3.6Mn/m | N/A | -$3.0Mn/m | -$4.2Mn/m | -$3.2Mn/m | N/A | -$2.4Mn/m |
| Income Tax | -$2.9Mn/m | -$14.7Mn/m | -$12.7Mn/m | -$2.4Mn/m | -$1.6Mn/m | -$1.6M-101.9% | -$2.0M | -$1.3M-531.1% |
| Net Income | -$8.5M-439.5% | -$49.8M-434.9% | -$22.4Mn/m | -$4.0M-111.5% | $2.5M-81.3% | $14.9M-91.8% | -$14.3M | $35.0Mn/m |
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, Interest Expense, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
AIRJW Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $306.8M-18.4% | $296.5M-18.9% | $340.6M-7.9% | $372.7M-0.4% | $376.1M-0.8% | $365.6M-1.6% | $369.9M+66404.0% | $374.4M+230.1% |
| Current Assets | $43.2M+34.9% | $32.8M+34.2% | $23.8M-24.3% | $27.9M-17.1% | $32.0M-11.0% | $24.4M-12.4% | $31.5M+6156.5% | $33.6M+8902.1% |
| Cash & Equivalents | $41.4M+35.8% | $31.1M+35.2% | $21.8M-22.0% | $26.0M-15.2% | $30.5M-12.0% | $23.0M-16.1% | $28.0M+47260.4% | $30.7M+10330.1% |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Total Liabilities | $58.2M-33.5% | $55.2M-42.1% | $72.7M-38.3% | $86.4M-20.5% | $87.5M-41.2% | $95.4M-45.0% | $117.7M+1723.5% | $108.7M-6.6% |
| Current Liabilities | $2.2M-13.3% | $1.4M-14.8% | $2.3M-43.7% | $2.0M-56.2% | $2.5M-28.7% | $1.7M-85.8% | $4.0M-37.5% | $4.5M-45.6% |
| Non-Current Liabilities | $56.0M-34.1% | $53.8M-42.6% | $70.4M-38.1% | $84.4M-19.0% | $85.0M-41.6% | $93.8M-42.0% | $113.7M+416483.2% | $104.2M-3.6% |
| Total Equity | $248.6M-13.8% | $241.3M-10.7% | $267.9M+6.3% | $286.4M+7.8% | $288.6M+25.4% | $270.2M+36.4% | $252.1Mn/m | $265.7Mn/m |
| Retained Earnings | $131.1M-39.3% | $139.7M-34.6% | $189.5M-4.6% | $211.9M-0.4% | $215.9M+21.4% | $213.4M+29.8% | $198.5Mn/m | $212.8Mn/m |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
AIRJW Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$1.4Mn/m | -$2.3M-3344.3% | -$1.6Mn/m | -$1.9Mn/m | -$2.2Mn/m | $72Kn/m | -$2.7Mn/m | -$4.0Mn/m |
| Depreciation & Amortization | $4K+92.4% | $4K+145.7% | $3K+48.5% | $3K+34.4% | $2K+88.2% | $2K+46.4% | $2K+91.7% | $2K+96.7% |
| Stock-Based Compensation | N/A | $1.3M+34.1% | N/A | $1.2M+99.4% | $1.4M+853.5% | $984K-94.1% | N/A | $588K |
| Capital Expenditures | $0-100.0% | $20Kn/m | $0-100.0% | $7K-30.0% | $11K | $0 | $3Kn/m | $9K+224.0% |
| Free Cash Flow | -$1.4Mn/m | -$2.4M-3371.3% | -$1.6Mn/m | -$1.9Mn/m | -$2.2M | $72K | -$2.7Mn/m | -$4.0Mn/m |
| Investing Cash Flow | -$2.5Mn/m | -$10.0Mn/m | -$5.0Mn/m | -$2.8Mn/m | -$4.9Mn/m | -$5.1Mn/m | -$3K | -$9Kn/m |
| Financing Cash Flow | $14.2M-2.6% | $21.6M+51643.3% | $2.4M+6413.6% | $134K+304.8% | $14.6M-20.5% | $42K-99.9% | $37K+4265.2% | $33Kn/m |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
AIRJW Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Return on Equity | -3.4%-4.3pp | -20.6%-26.2pp | -8.4%-2.7pp | -1.4%-14.6pp | 0.9%-5.0pp | 5.5%-86.1pp | -5.7% | 13.2% |
| Return on Assets | -2.8%-3.4pp | -16.8%-20.9pp | -6.6%-2.7pp | -1.1%-10.4pp | 0.7%-2.9pp | 4.1%-44.8pp | -3.9% | 9.3%+13.4pp |
| Current Ratio | 19.70+7.0x | 23.23+8.5x | 10.52+2.7x | 14.15+6.7x | 12.67+2.5x | 14.75+12.4x | 7.83+7.7x | 7.46+7.4x |
| Liabilities-to-Equity | 0.23-0.1x | 0.23-0.1x | 0.27-0.2x | 0.30-0.1x | 0.30-0.3x | 0.35-0.5x | 0.47 | 0.41 |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Debt-to-Equity, Asset Turnover, FCF Margin.
Where AirJoule Technologies Corporation Warrant Ranks
Frequently Asked Questions
No, AirJoule Technologies Corporation Warrant (AIRJW) reported a net loss of $84.8M over the trailing 12 months to June 30, 2026. In fiscal year 2025 it reported a net loss of $9.0M.
AirJoule Technologies Corporation Warrant (AIRJW) had EBITDA of -$13.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
AirJoule Technologies Corporation Warrant (AIRJW) has a return on equity of -3.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
AirJoule Technologies Corporation Warrant (AIRJW) recorded an outflow of $5.7M in free cash flow during fiscal year 2025. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
AirJoule Technologies Corporation Warrant (AIRJW) recorded an outflow of $5.6M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
AirJoule Technologies Corporation Warrant (AIRJW) had $340.6M in total assets as of fiscal year 2025, including both current and long-term assets.
AirJoule Technologies Corporation Warrant (AIRJW) invested $18K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
AirJoule Technologies Corporation Warrant (AIRJW) invested $1.0M in research and development during fiscal year 2025.
AirJoule Technologies Corporation Warrant (AIRJW) had a current ratio of 10.52 as of fiscal year 2025, which is generally considered healthy.
AirJoule Technologies Corporation Warrant (AIRJW) had a liabilities-to-equity ratio of 0.27 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2025, because the filing data we hold for that year carries no long-term debt figure.
AirJoule Technologies Corporation Warrant (AIRJW) had a return on assets of -2.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
At the end of fiscal year 2025, AirJoule Technologies Corporation Warrant (AIRJW) held $21.8M in cash, cash equivalents and investments, and reported an operating cash outflow of $5.6M over that year. Dividing the one by the other, the reported balance equals about 47 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
AirJoule Technologies Corporation Warrant (AIRJW) has a Piotroski F-Score of 2 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
AirJoule Technologies Corporation Warrant (AIRJW) reported a net loss of $9.0M while operations used $5.6M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.