AirJoule Technologies Past Earnings Performance
Past criteria checks 0/6
AirJoule Technologies's earnings have been declining at an average annual rate of -8.2%, while the Machinery industry saw earnings growing at 9.2% annually.
Key information
-8.16%
Earnings growth rate
-29.33%
EPS growth rate
| Machinery Industry Growth | 8.77% |
| Revenue growth rate | n/a |
| Return on equity | -34.10% |
| Net Margin | n/a |
| Last Earnings Update | 30 Jun 2026 |
Recent past performance updates
Recent updates
AIRJ: Regulatory Tailwinds For Data Center Water Use Will Drive Future Upside
Analysts have raised the updated fair value estimate for AirJoule Technologies from $8.15 to $9.55, citing higher modeled revenue growth, a lower discount rate, and research that indicates faster commercialization progress supported by regulatory tailwinds in data center water supply requirements. Analyst Commentary Recent Street research on AirJoule Technologies points to a more constructive tone from bullish analysts following the Q2 report.
Slow Commercialization And High P/E Expectations Will Test Long-Term Water And Energy Thesis
Catalysts About AirJoule Technologies AirJoule Technologies develops systems that generate distilled water from atmospheric humidity using low grade waste heat for data centers, residential communities and industrial dehumidification. What are the underlying business or industry changes driving this perspective?
Waste Heat And Water Scarcity Trends Will Support Strong Long Term Potential
Catalysts About AirJoule Technologies AirJoule Technologies develops systems that convert low grade waste heat into on site atmospheric water and dehumidification solutions for industrial, residential and military uses. What are the underlying business or industry changes driving this perspective?Water Resilience And Data Center Demand Will Drive Long Term Opportunity Here
Catalysts About AirJoule Technologies AirJoule Technologies develops systems that generate distilled, potable water from ambient air using waste heat for industrial, defense, residential and data center customers. What are the underlying business or industry changes driving this perspective?AirJoule: Breakthrough Water Tech, But Still Too Early To Buy
Summary AirJoule Technologies targets global water scarcity with innovative atmospheric water generation technology but remains in the pre-revenue, proof-of-concept phase. AIRJ's commercialization is slated for late 2026, with industrial-scale and data center applications offering significant but unproven market potential. Current economics are challenging: desalination is 5-10x cheaper, and gross margin targets of 30-35% are years away, raising concerns about profitability. I maintain a hold rating on AIRJ due to unproven technology, unclear business model economics, and anticipated dilution before meaningful revenue. Read the full article on Seeking AlphaRevenue & Expenses Breakdown
How AirJoule Technologies makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 26 | 0 | -85 | 13 | 1 |
| 31 Mar 26 | 0 | -74 | 13 | 1 |
| 31 Dec 25 | 0 | -9 | 13 | 1 |
| 30 Sep 25 | 0 | -1 | 12 | 1 |
| 30 Jun 25 | 0 | 38 | 12 | 1 |
| 31 Mar 25 | 0 | 49 | 11 | 2 |
| 31 Dec 24 | 0 | 216 | 9 | 2 |
| 30 Sep 24 | 0 | 227 | 9 | 3 |
| 30 Jun 24 | 0 | 187 | 10 | 3 |
| 31 Mar 24 | 0 | 171 | 9 | 4 |
| 31 Dec 23 | 0 | -11 | 8 | 3 |
| 30 Sep 23 | 0 | -10 | 6 | 3 |
| 30 Jun 23 | 0 | -6 | 3 | 3 |
| 31 Mar 23 | 0 | -3 | 1 | 2 |
| 31 Dec 22 | 0 | -3 | 1 | 2 |
Quality Earnings: AIRJ is currently unprofitable.
Growing Profit Margin: AIRJ is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AIRJ is unprofitable, and losses have increased over the past 5 years at a rate of 8.2% per year.
Accelerating Growth: Unable to compare AIRJ's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AIRJ is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (8.5%).
Return on Equity
High ROE: AIRJ has a negative Return on Equity (-34.1%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/21 10:48 |
| End of Day Share Price | 2026/09/21 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Learn about the who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
AirJoule Technologies Corporation is covered by 7 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jacob Sekelsky | Alliance Global Partners |
| Jeffrey Grampp | Alliance Global Partners |
| Ryan Pfingst | B. Riley Securities, Inc. |