AirJoule Technologies Corporation announced its second quarter 2025 results on August 8, 2025, reporting a net income of $2.51 million for the quarter and $17.39 million for the six months ended June 30, 2025. The company's operating cash flow remained negative, reflecting its ongoing investment phase in technology development and market expansion.
As of June 30, 2025, AirJoule Technologies maintained a strong liquidity position with $30.50 million in cash and $29.50 million in working capital. The company has a remaining commitment of $85.00 million for additional capital contributions to the AirJoule joint venture, underscoring its substantial capital requirements.
Operationally, the company achieved record performance at Montana Renewables, with operating costs (excluding SG&A) falling to $0.43 per gallon in Q2, the lowest since the platform's launch. Strategic advancements included the MaxSAF™ expansion remaining on pace for 120–150 million gallons of SAF production online in Q2 2026, and the company enhanced its capital structure by calling $230 million of 2026 Senior Notes.
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