AirJoule Technologies Corporation (AIRJ) Stock Score, Valuation & Financial Research

AirJoule Technologies Corporation is in the Industrials sector and Electrical Equipment & Parts industry. It is reviewed using Wall Street Score's company-strength, valuation, growth and financial-health framework. A complete Wall Street Score is not currently available.

Quick answer for AIRJ

AirJoule Technologies Corporation does not currently have a complete Wall Street Score. The stored market price is USD 3.82. These figures are a research snapshot, not a buy or sell recommendation.

What AirJoule Technologies Corporation does

AirJoule Technologies Corporation operates as an atmospheric renewable energy and water harvesting technology company. It provides energy and dehumidification, water harvesting systems, water recapture systems, evaporative heat pump systems, water heating systems, low relative humidity drying systems, pre- and mid-cool integration coils, evaporative cooling, advanced vacuum pump systems, isothermal condenser design, gate and seal systems, and atmospheric water generation through its AirJoule technology. In addition, it offers solutions, such as water from air, water recovery, data centers, cooling systems, and moisture control. The company was founded in 2018 and is headquartered in Ronan, Montana.

Company business and revenue

Research reporting period: 2025-12-31. A research update is not a new financial filing.

How the company makes money

AirJoule Technologies utilizes a capital-efficient business model focused on manufacturing and selling sorption-based water harvesting and dehumidification systems. The company generates revenue through direct system sales, recurring maintenance and service agreements, and is developing a Water Purchase Agreement (WPA) model where customers pay for water on a volumetric basis.

Products and services

  • Proprietary sorption-based technology platforms (AirJoule Core and Prime systems) that harvest pure distilled water from air and provide dehumidification for industrial and HVAC applications.

Brands and product families

  • AirJoule — Proprietary platform for water harvesting and dehumidification. Source

Customer types

Data Centers; Advanced Manufacturing; Food and Beverage; Chemical Manufacturing; HVAC.

Suppliers, materials and equipment

  • Unnamed — The company relies on various third-party suppliers for components and materials required for its sorption-based systems. Source

Business relationships and partnerships

  • GE Vernova — A 50/50 joint venture for manufacturing and supply of AirJoule systems in the Americas, Africa, and Australia. Source
  • Carrier Global Corporation — A commercialization partnership focused on integrating AirJoule technology into HVAC systems. Source

Business strengths to evaluate

  • High energy efficiency compared to refrigerant and desiccant-based systems Source
  • Modular system design allowing for scalable water production capacity Source

Business risks and research considerations

  • Dependence on joint venture and commercialization partners Source
  • Risks associated with scaling manufacturing and commercialization Source

Sources: Company research source

Company research refreshed 2026-10-12. This is saved research, not a live check of company relationships. Check the reporting period and source disclosures. Financial figures and scores follow their separate update schedules.

AIRJ financial snapshot

Statement amounts: USD. Quote amounts: USD. No exchange-rate conversion is performed in this snapshot. Market-capitalization currency is not supplied by this projection.

Wall Street Score:
Not currently available
Stored price:
USD 3.82
Market capitalization:
276.57M (currency not supplied)
Revenue:
USD 0.00
Net income:
USD -84.79M
Free cash flow:
USD -5.65M
Cash:
USD 41.42M
Total debt:
USD 107.11K
EPS:
USD -1.30

What stands out

  • Free cash flow is USD -5.65M, negative for the stored period.
  • The balance sheet shows USD 41.42M of cash versus USD 107.11K of total debt, an excess of cash over debt on these two reported measures.
  • The current research record carries a fundamental change risk warning, which should be reviewed alongside the score.

Company-specific financial comparisons

The following are calculated from saved company data, not forecasts or statements about future performance. Differences in reporting dates or units can make a ratio misleading; verify the original filings.

  • Cash exceeds debt by USD 41.31M using the stored balance-sheet values. This does not include other obligations or restricted cash.

Questions worth answering for AIRJ

Use these questions to check the stored figures against the latest company filings. They identify issues to investigate; they are not findings about management's plans or future results.

  • How long can AIRJ fund negative free cash flow using its current cash position before it may need more debt or new shares?
  • How is AIRJ likely to use its cash advantage: reinvestment, acquisitions, debt reduction, dividends or buybacks?
  • What specifically needs to improve for AIRJ to reach sustainable profitability?
  • What does the current fundamental change risk warning mean for the reliability or interpretation of AIRJ's score?

What the numbers mean

A complete valuation score is not currently available, so valuation should be checked using the available earnings, cash-flow and price data.

A complete financial score is not currently available, so investors should review cash, debt, earnings and cash flow directly.

A strong company and an attractive stock price are not always the same thing. Revenue, earnings, free cash flow, debt, management quality, competitive advantage and valuation should be considered together. Wall Street Score organizes these inputs into a consistent research framework so investors can identify what deserves deeper review.

Data freshness: Financial data last refreshed 2026-10-01.

Research-input completeness: 73% of the scoring inputs required for this public page are currently available.

How to research AIRJ

Start by understanding how the company makes money. Then compare revenue and earnings trends, cash generation, debt, liquidity and valuation. Review the company's latest filings and earnings reports before acting on any score or model estimate.

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Data may change as company filings and market prices update. Educational research only; not a buy or sell recommendation.