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Aquestive Therapeutics, Inc. AQST Proprietary product revenue, net — Revenue

Other product segments

Manufacture and supply revenue
$11.91M+24.3%
License and royalty revenue (a)
$1.33M+58.0%
Co-development and research fees
$582K+54.0%

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$149.34M+5.6%

Other financials

Income statement

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Revenue$13.8M+38.1%
Gross profit$9.8M+80.1%
Operating income-$8.2M+27.7%
Net income-$22.9M-68.8%
EPS (diluted)-$0.18-28.6%

Balance sheet

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Cash & equivalents$98.5M+62.7%
Total debt$63.4M+6.0%
Total equity-$56.6M+22.0%
Total assets$132.1M+41.0%

Cash flow

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Operating cash flow-$9.4M-19.3%
CapEx$212.0K+98.1%
Free cash flow-$9.7M-20.3%

Valuation

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Market cap$494.34M+28.9%
Enterprise value$459.23M+20.0%
P/S9.1×+0.5×

Profitability

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Gross margin67%+5.9pp
Operating margin-97.5%-15.0pp
Net margin-144.6%-2.6pp
FCF margin-85%-17.0pp

Returns & leverage

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Return on equity121.1%
Debt / equity-1.1×
Current ratio7.2×+3.7×

Where this comes from

Reported directly by Aquestive Therapeutics, Inc. in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Aquestive Therapeutics, Inc.’s 10-Q, filed August 11, 2026.

Filed
Aug 11, 2026, 4:10 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001398733-26-000042
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Manufacture and supply revenue$11,911$9,583$20,704$16,776
License and royalty revenue (a)1,3268396,7211,629
Co-development and research fees582378840796
Proprietary product revenue, net(797)(478)
Total revenues$13,819$10,003$28,265$18,723

Item 1. FINANCIAL STATEMENTS (Unaudited)

FAQ

What is Aquestive Therapeutics, Inc.'s proprietary product revenue, net — revenue?
Aquestive Therapeutics, Inc. (AQST) reported proprietary product revenue, net — revenue of $0 in Q2 2026.
How has Aquestive Therapeutics, Inc.'s proprietary product revenue, net — revenue changed year-over-year?
Aquestive Therapeutics, Inc.'s proprietary product revenue, net — revenue increased by 100.0% year-over-year, from -$797K to $0.
What does proprietary product revenue, net — revenue mean?
This metric represents the net revenue generated from the sale of the company's internally developed and owned pharmaceutical products. It reflects the commercial success and market adoption of the firm's proprietary portfolio, excluding revenue derived from licensing or contract manufacturing arrangements. Tracking this figure helps investors evaluate the company's transition from a development-stage entity to a commercial-stage pharmaceutical business.

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