Aquestive Therapeutics, Inc.

Aquestive Therapeutics, Inc.

AQSTยทNASDAQ

$4.03

+2.5%
HealthcareDrug Manufacturers - Specialty & Generic

Aquestive Therapeutics, Inc., a pharmaceutical company, focuses on identifying, developing, and commercializing various products to address unmet medical needs in the United States and internationally. The company markets Sympazan, an oral soluble film formulation of clobazam for the treatment of lennox-gastaut syndrome; Suboxone, a sublingual film formulation of buprenorphine and naloxone for the treatment of opioid dependence; Zuplenz, an oral soluble film formulation of ondansetron for the treatment of nausea and vomiting associated with chemotherapy and post-operative recovery; and Azstarys, a once-daily product for the treatment of attention deficit hyperactivity disorder. The company's proprietary product candidates comprise Libervant, a buccal soluble film formulation of diazepam for the treatment of seizures; and Exservan, an oral soluble film formulation of riluzole for the treatment of amyotrophic lateral sclerosis. Its proprietary pipeline of complex molecule products include AQST-108, a sublingual film formulation delivering systemic epinephrine for the treatment of conditions other than anaphylaxis; AQST-305, a sublingual film formulation of octreotide for the treatment of acromegaly; and AQST-109, an orally delivered epinephrine product candidate for the emergency treatment of allergic reactions, including anaphylaxis. Further, the company develops KYNMOBI, a sublingual film formulation of apomorphine for the treatment of episodic off-periods in Parkinson's disease. Aquestive Therapeutics, Inc. was incorporated in 2004 and is headquartered in Warren, New Jersey.

At a Glance

Live Snapshot
Market Cap$400.21M
EPS-0.7600
P/E Ratio-5.30
Earnings Date08/10/2026
3Y-7.0%
5Y-3.0%
10Y-14.0%
3Y+54.0%
5Y+50.0%
10Y+773.0%
3Y+436.0%
5Y+15.0%
10Y+541.0%
Aquestive Therapeutics, Inc.

Aquestive Therapeutics, Inc. Profit Bridge

AQST ยท NASDAQ
Revenue44.55M
Cost of Goods Sold (18.55M)
Gross Profit25.99M
Operating Expenses (97.04M)
Operating Income-71.05M
Interest Expense (17.10M)
Other Income/Expense-12.73M
Pretax Income-83.78M
Income Tax (0.00)
Net Income-83.78M
Net Income
-83.78M

Profitability Analysis

Gross Margin

58.3%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

-159.5%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-188.1%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

Aquestive Therapeutics, Inc. Income Statement

AQST โ€ข NASDAQ

Aquestive Therapeutics, Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
REVENUE
44.5M
57.6M
50.6M
47.7M
50.8M
45.8M
52.6M
67.4M
66.9M
51.8M
GROSS PROFIT
(18.6M)
(17.9M)
(20.8M)
(19.4M)
(15M)
(13M)
(20.4M)
(21M)
(19.8M)
(16.4M)
26M
39.7M
29.8M
28.3M
35.8M
32.9M
32.2M
46.4M
47.1M
35.4M
OPERATING INCOME
(97M)
(70.5M)
(44.9M)
(70.4M)
(70.5M)
(75.8M)
(84.9M)
(95.4M)
(47.2M)
(36.3M)
(79.8M)
(50.2M)
(31.8M)
(52.9M)
(53.5M)
(55.9M)
(64.3M)
(72.3M)
(25.1M)
(20.8M)
(17.2M)
(20.3M)
(13.1M)
(17.5M)
(17M)
(19.9M)
(20.6M)
(23.1M)
(22.1M)
(15.5M)
-71.1M
-30.8M
-15.1M
-42.1M
-34.7M
-42.9M
-52.7M
-48.9M
-113K
-847K
PRE-TAX INCOME
(17.1M)
(16.8M)
(7.5M)
(12.4M)
(22.5M)
(13M)
(9.3M)
(7.7M)
(7.7M)
(6.1M)
-12.7M
-13.4M
8.9M
-12.3M
-22M
-12.9M
-8.7M
-7.2M
-7.7M
-6.1M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-5K
(0.0)
-99K
-12.7M
-13.4M
7.5M
-12.3M
-35.9M
-12.9M
-13.6M
-12.4M
-8.8M
-8.8M
-83.8M
-44.2M
-7.6M
-54.4M
-70.5M
-55.8M
-66.2M
-61.4M
-8.9M
-9.6M
NET INCOME
(0.0)
-14K
(245K)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-83.8M
-44.1M
-7.9M
-54.4M
-70.5M
-55.8M
-66.2M
-61.4M
-8.9M
-9.6M

SEC Filings

AQST - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
10-Q

10-Q 2026 Q1

Q1

May 13, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 13, 2026
May 12, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 24, 2026
June 10, 2026
2026
8-K

8-K 2026

N/A

March 30, 2026
March 30, 2026
2026
8-K

8-K 2026

N/A

March 20, 2026
March 16, 2026
2026
8-K

8-K 2026

N/A

March 04, 2026
March 03, 2026
2026
10-K

10-K 2025 FY

FY

March 04, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 26, 2026
February 26, 2026
2026
8-K

8-K 2026

N/A

February 02, 2026
January 30, 2026
2026
8-K

8-K 2026

N/A

January 09, 2026
January 09, 2026
2026
Showing 1 to 10 of 227 filings