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Aquestive Therapeutics, Inc. AQST Business Segments — Revenue

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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: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
Revenues$13,819$10,003$28,265$18,723
Costs and expenses:
Total Manufacture and Supply Expenses4,0174,5617,4868,213
R&D Project expenses:
Anaphylm project expenses1,0551,2042,1403,692
AQST-108 project expenses152190710385
R&D other expenses:
Personnel costs12,1812,2184,4234,350

Item 1. FINANCIAL STATEMENTS (Unaudited)

FAQ

What is Aquestive Therapeutics, Inc.'s business segments — revenue?
Aquestive Therapeutics, Inc. (AQST) reported business segments — revenue of $13.82M in Q2 2026.
How has Aquestive Therapeutics, Inc.'s business segments — revenue changed year-over-year?
Aquestive Therapeutics, Inc.'s business segments — revenue increased by 38.1% year-over-year, from $10M to $13.82M.
What is the long-term trend for Aquestive Therapeutics, Inc.'s business segments — revenue?
Over 2 years (2023 to 2025), Aquestive Therapeutics, Inc.'s business segments — revenue has grown at a -6.2% compound annual growth rate (CAGR), from $50.58M to $44.55M.
What does business segments — revenue mean?
Represents the total gross inflow of economic benefits arising from the ordinary operating activities of the reportable business segment. This metric reflects the market demand for the segment's specialized pharmaceutical products and services. It serves as a primary indicator of the segment's top-line growth and commercial success.

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