American Resources Corporation (AREC) Revenue History
Annual and quarterly revenue from 2014 to present
AREC Revenue Over Time (2014–2025)
AREC Revenue Growth History
5 of 10 years with positive growth- FY2014 revenue growth
- N/A
- FY2015 revenue growth
- N/A
- FY2016 revenue growth
- +135.9%
- FY2017 revenue growth
- +14036.8%
- FY2018 revenue growth
- +51.4%
- FY2019 revenue growth
- -22.4%
- FY2020 revenue growth
- -95.7%
- FY2021 revenue growth
- +631.8%
- FY2022 revenue growth
- +409.0%
- FY2023 revenue growth
- -66.5%
- FY2024 revenue growth
- -97.1%
- FY2025 revenue growth
- -100.0%
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2025 | $-95,349 | -291.9% |
| Q3 2025 | $50K | -78.7% |
| Q2 2025 | $13K | +223.8% |
| Q1 2025 | $32K | -66.0% |
| Q4 2024 | $50K | -25.2% |
| Q3 2024 | $235K | -95.9% |
| Q2 2024 | $4K | -99.8% |
| Q1 2024 | $94K | -98.9% |
Multi-year avg. share of annual revenue by fiscal quarter
AREC Revenue Analysis (2014–2025)
Current Revenue & Growth
As of June 28, 2026, American Resources Corporation (AREC) generated trailing twelve-month (TTM) revenue of $-1, reflecting significant decline in growth of -291.9% year-over-year. The most recent quarter (Q4 2025) recorded $-95,349 in revenue, down 290.1% sequentially.
Historical Growth Trajectory
AREC's historical revenue data shows various trends over time. American Resources Corporation's highest annual revenue of $39.5 million was recorded in 2022.
Peer Comparison
Compared to Energy sector peers — including METC (-16.7% YoY), AMR (-19.1% YoY), and HCC (+11.3% YoY) — AREC has underperformed the peer group in revenue growth. Compare AREC vs METC →
AREC Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| $-1 | -291.9% | - | - | ||
| $537M | -16.7% | +26.0% | -10.4% | ||
| $2.1B | -19.1% | +8.5% | -2.9% | ||
| $1.3B | +11.3% | +10.8% | 3.5% | ||
| $275M | +60.9% | +15.4% | -44.6% | ||
| $66M | +22.0% | +108.9% | -153.4% |
AREC Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $0 | -100.0% | $-2,560 | - | $-11,308,535 | - |
| 2024 | $383K | -97.1% | $-2,179,274 | -568.7% | $-33,089,062 | -8634.2% |
| 2023 | $13.2M | -66.5% | $1.3M | 9.5% | $-36,375,202 | -274.9% |
| 2022 | $39.5M | +409.0% | $14.0M | 35.5% | $-19,487,321 | -49.4% |
| 2021 | $7.8M | +631.8% | $-639,795 | -8.2% | $-28,223,408 | -363.9% |
| 2020 | $1.1M | -95.7% | $-4,047,577 | -382.0% | $-16,447,365 | -1552.1% |
| 2019 | $24.5M | -22.4% | $-5,831,282 | -23.8% | $-59,954,174 | -244.9% |
| 2018 | $31.5M | +51.4% | $3.4M | 10.6% | $-12,304,296 | -39.0% |
| 2017 | $20.8M | +14036.8% | $-497,582 | -2.4% | $-14,018,886 | -67.3% |
| 2016 | $147K | +135.9% | $66K | 45.1% | $-754,906 | -512.6% |
| 2015 | $62K | - | $2K | 3.5% | $-404,886 | -648.6% |
| 2014 | $0 | - | $0 | - | $-84,951 | - |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
12+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
AREC — Frequently Asked Questions
Quick answers to the most common questions about buying AREC stock.
Is AREC's revenue growth accelerating or slowing?
AREC revenue is declining -291.9% year-over-year. TTM revenue fell to $-1.00, contrasting with the 5-year CAGR of N/A. The reversal reflects either macro headwinds or company-specific challenges.
What is AREC's revenue history from 2014 to 2026?
American Resources Corporation (AREC) revenue history spans 2014 to 2026. TTM revenue as of 2026 is $-1.00, growing at -291.9% YoY. The 5-year CAGR is N/A. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is AREC's long-term revenue growth rate (CAGR)?
American Resources Corporation's 5-year revenue CAGR of N/A reflects the variable nature of its business expansion. As of 2026, the current YoY growth rate of -291.9% is below this long-term average. CAGR is the most reliable measure of sustained revenue momentum for AREC.
Why does AREC's quarterly revenue fluctuate?
AREC quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. American Resources Corporation's revenue data from 2014 to 2026 shows full historical quarterly detail on this page.
How is AREC's revenue distributed by segment?
AREC reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does AREC's revenue compare to industry peers?
American Resources Corporation (AREC) with TTM revenue of $-1.00 and -291.9% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.