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Aquestive Therapeutics, Inc. AQST Business Segments — Income Tax Expense (Benefit)

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Other financials

Income statement

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Revenue$14.4M+65.7%
Gross profit$11.0M+117%
Operating income-$4.2M+78.3%
Net income-$8.1M+64.9%
EPS (diluted)-$0.07+70.8%

Balance sheet

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Cash & equivalents$110.7M+61.3%
Total debt$64.4M+7.4%
Total equity-$34.1M+44.1%
Total assets$141.1M+38.0%

Cash flow

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Operating cash flow-$14.8M+36.7%
CapEx$52.0K-61.5%
Free cash flow-$14.9M+36.9%

Valuation

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Market cap$560.13M+73.5%
Enterprise value$513.76M+63.6%
P/S11.1×+5.2×

Profitability

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Gross margin63.5%-4.9pp
Operating margin-111.2%+96.3pp
Net margin-137.1%+80.7pp
FCF margin-88.2%-2.2pp

Returns & leverage

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Return on equity145.1%
Debt / equity-1.9×
Current ratio4.1×-0.8×

Where this comes from

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

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: Aquestive Therapeutics, Inc.’s 10-K, filed March 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Aquestive Therapeutics, Inc.'s business segments — income tax expense (benefit)?
Aquestive Therapeutics, Inc. (AQST) reported business segments — income tax expense (benefit) of $0 in Q4 2025.
How has Aquestive Therapeutics, Inc.'s business segments — income tax expense (benefit) changed year-over-year?
Aquestive Therapeutics, Inc.'s business segments — income tax expense (benefit) increased by 100.0% year-over-year, from -$3.5K to $0.
What is the long-term trend for Aquestive Therapeutics, Inc.'s business segments — income tax expense (benefit)?
Over 2 years (2023 to 2025), Aquestive Therapeutics, Inc.'s business segments — income tax expense (benefit) has grown at a -100.0% compound annual growth rate (CAGR), from $245K to $0.
What does business segments — income tax expense (benefit) mean?
This metric reflects the total tax liability or benefit recognized by the reportable segment based on its pre-tax earnings or losses within the relevant jurisdictions. It highlights the tax efficiency of the segment's operations and the impact of tax credits or deferred tax assets on the segment's overall financial results. Monitoring this helps investors understand how regulatory and tax environments influence the segment's net contribution to the company's consolidated financial statements.