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Aquestive Therapeutics, Inc. AQST Business Segments — Manufacture and supply

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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:CostOfGoodsAndServicesSold.

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
Revenues$13,819$10,003$28,265$18,723
Costs and expenses:
Manufacture and supply4,0174,5617,4868,213
Research and development3,9624,1058,1669,466
Selling, general and administrative14,06312,70525,04031,777
Total costs and expenses22,04221,37140,69249,456
Loss from operations(8,223)(11,368)(12,427)(30,733)
Other income/(expenses):

Item 1. FINANCIAL STATEMENTS (Unaudited)

FAQ

What is Aquestive Therapeutics, Inc.'s business segments — manufacture and supply?
Aquestive Therapeutics, Inc. (AQST) reported business segments — manufacture and supply of $4.02M in Q2 2026.
How has Aquestive Therapeutics, Inc.'s business segments — manufacture and supply changed year-over-year?
Aquestive Therapeutics, Inc.'s business segments — manufacture and supply decreased by 11.9% year-over-year, from $4.56M to $4.02M.
What is the long-term trend for Aquestive Therapeutics, Inc.'s business segments — manufacture and supply?
Over 2 years (2023 to 2025), Aquestive Therapeutics, Inc.'s business segments — manufacture and supply has grown at a -5.6% compound annual growth rate (CAGR), from $20.83M to $18.56M.
What does business segments — manufacture and supply mean?
Includes the direct costs associated with the production, manufacturing, and supply chain logistics for the segment's product portfolio. Monitoring this metric helps assess the efficiency of production processes and the impact of input costs on segment margins. It is a key component in evaluating the cost-of-goods-sold structure for the business unit.

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