AirJoule Technologies Corporation (AIRJ) Stock

AirJoule Technologies Corporation (AIRJ) is a Industrials stock trading at $4.16 (as of 2026-07-24), with a market capitalization of $284.85M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

AirJoule Technologies Corporation develops thermal energy and water harvesting technologies that use its AirJoule approach to produce air conditioning and pure water extracted from air. The company was founded on March 14, 2024 and is headquartered in Ronan, MT.

Understand AirJoule Technologies Corporation: how it makes money

AirJoule Technologies develops thermal energy and water harvesting technology that produces pure water from air and supports efficient, sustainable air conditioning, and it makes money through sales of AeroJewel Core Systems.

The profit model centers on monetizing the AirJoule platform by selling AeroJewel Core Systems, with performance and growth likely tracked through system capacity and the installed base of related dehumidification systems.

Revenue by segment (latest quarter)
AeroJewel Core$0.0B

Business quality (Weak): Company is very early (founded March 14, 2024) and the latest quarter shows 0.0B revenue, so operating proof is limited and most operating drivers are still best viewed as development and adoption metrics rather than demonstrated revenue generation.

Bull case

  • Technology purpose is clear, it targets efficient, sustainable air conditioning plus pure water output from air using the AirJoule approach: This creates a defined product set, supported by system and capacity metrics (for example, AirJoule Prime System Rated Capacity and AirJoule Core Platform Rated Capacity).
  • The company has adoption-oriented measurement in its operating KPI set (Global Installed Base of Dehumidification Systems): If that installed base expands and the AirJoule systems penetrate it, core system sales could scale with market adoption.

Bear case

  • Latest-quarter results show 0.0B revenue: That means the core monetization KPI, Nominal Revenue From Sale of AeroJewel Core Systems, is not currently translating into reported sales in the period provided.
  • Latest reported operating margin is highly negative at -1268.0%: This indicates significant losses relative to revenue in the period provided, which can reflect early-stage commercialization risk.
  • The company was founded on March 14, 2024: A short operating history can make it harder to validate repeatability of system sales and sustained performance of the technology at scale.
Valuation — source: SEC EDGAR (first-party)
Price$4.16
Market Cap$284.85M
Price / Book1.18
Price / Sales262.70
FCF Yield-3.0%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$997687.00
Net Margin-906.1%
Revenue Growth (YoY)7.0%
FCF Growth (YoY)-76.7%
Financial Health — source: SEC EDGAR
Altman Z-Score3.08 (safe)
Valuation vs Sector & Industry
Sector P/E (Industrials)28.3
Industry P/E (Machinery)33.7
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderPennant Select, LLC ($5.48M)
Institutional Holders Tracked10
Company
SectorIndustrials
IndustryMachinery
CEOMatthew Jore
Employees17
CountryUS
IPO Date2023-03-11

Related Companies (Business model: Industrials / Capital Goods (Heavy Machinery + Diversified Industrials); 8 closest by market cap; US-domiciled)

  • Hayward Holdings, Inc. (HAYW)
  • Tennant Company (TNC)
  • Serve Robotics Inc. (SERV)
  • Twin Disc, Incorporated (TWIN)
  • Gencor Industries, Inc. (GENC)
  • Lantronix, Inc. (LTRX)
  • Perma-Pipe International Holdings, Inc. (PPIH)
  • Tecogen Inc. (TGEN)
AIRJ earnings history · AIRJ institutional & insider holders · AIRJ KPIs & operating metrics · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-07-24.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.