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+436.0%
5Y+15.0%
10Y+541.0%
3Y-78.0%
5Y+9.0%
10Y-396.0%
3Y+788.0%
5Y+261.0%
10Y+1704.0%
AQST

Aquestive Therapeutics, Inc. Cash Conversion Engine

AQST ยท NASDAQ
Net Income-83.78M
Depreciation & Amortization548.00K
Stock-Based Compensation7.62M
Change in Working Capital12.18M
Others11.00M
Capital Expenditures-562.00K
Free Cash Flow-52.99M

Cash Flow Quality Analysis

FCF Conversion Rate

63.3%

Moderate conversion rate. Some gap between earnings and cash flow may warrant investigation into working capital or non-cash items.

CapEx Intensity

-1.1%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-47.5%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

+$12.18M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Aquestive Therapeutics, Inc. Cash Flow Statement

AQST โ€ข NASDAQ

Aquestive Therapeutics, Inc. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016
OPERATING ACTIVITIES
-83.8M
-44.1M
-7.9M
-54.4M
-70.5M
-55.8M
-66.2M
-61.4M
-8.9M
-9.6M
548K
718K
1.3M
2.4M
3M
3.4M
2.9M
3.2M
3.8M
3.9M
0.0
0.0
0.0
0.0
0.0
0.0
4.9M
5.3M
0.0
0.0
7.6M
7.1M
2.7M
4.4M
6.8M
6.6M
7.1M
29.9M
0.0
0.0
11M
10.5M
2.8M
5.8M
29.5M
4.7M
2.3M
1.9M
3.1M
3.8M
(0.0)
(305K)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
12.2M
-10M
-5.3M
32M
-1.7M
-4.4M
-11.1M
8M
7.9M
-6.3M
-52.4M
-35.8M
-6.4M
-9.8M
-33M
-45.5M
-60.2M
-13M
5.8M
-8.2M
INVESTING ACTIVITIES
-562K
-159K
-995K
-2.5M
-913K
-517K
-663K
-1.8M
-2.1M
-976K
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1.2M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1.2M
-562K
-159K
-995K
-2.5M
-913K
-517K
-663K
-1.8M
-2.1M
(190K)
FINANCING ACTIVITIES
103.5M
83.8M
8.9M
13.6M
29.8M
6.2M
-2.8M
68.8M
0.0
0.0
-37K
-23K
-20.4M
-2M
0.0
-22.5M
17.1M
0.0
5M
6.9M
-810K
-142K
15.4M
1K
329K
44.7M
35.4M
-10.8M
-586K
-1.2M
102.6M
83.6M
4M
11.6M
30.1M
28.5M
49.6M
58M
4.4M
5.7M
CASH FLOW SUMMARY
49.6M
47.7M
-3.4M
-751K
-3.8M
-17.5M
-11.3M
43.2M
8.2M
-2.3M
71.5M
23.9M
27.3M
28M
31.8M
49.3M
60.6M
17.4M
9.2M
11.5M
121.2M
71.5M
23.9M
27.3M
28M
31.8M
49.3M
60.6M
17.4M
9.2M
-53M
-35.9M
-7.4M
-12.3M
-33.9M
-46M
-60.9M
-14.8M
3.8M
-9.2M

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