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Aquestive Therapeutics, Inc. AQST Business Segments — SG&A

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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:SellingGeneralAndAdministrativeExpense.

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
Personnel costs56,6025,17612,11110,016
Other65,2874,0098,83415,285
Total General and Administrative Expenses11,8899,18520,94525,301
Total Selling, General and Administrative Expenses14,06312,70525,04031,777
Total costs and expenses22,04221,37140,69249,456
Loss from operations(8,223)(11,368)(12,427)(30,733)
Other income/(expenses), net(14,641)(2,180)(18,494)(5,745)
Net loss before income taxes(22,864)(13,548)(30,921)(36,478)

Item 1. FINANCIAL STATEMENTS (Unaudited)

FAQ

What is Aquestive Therapeutics, Inc.'s business segments — SG&A?
Aquestive Therapeutics, Inc. (AQST) reported business segments — SG&A of $14.06M in Q2 2026.
How has Aquestive Therapeutics, Inc.'s business segments — SG&A changed year-over-year?
Aquestive Therapeutics, Inc.'s business segments — SG&A increased by 10.7% year-over-year, from $12.71M to $14.06M.
What is the long-term trend for Aquestive Therapeutics, Inc.'s business segments — SG&A?
Over 2 years (2023 to 2025), Aquestive Therapeutics, Inc.'s business segments — SG&A has grown at a 58.6% compound annual growth rate (CAGR), from $31.75M to $79.85M.
What does business segments — SG&A mean?
Represents the combined operating expenses related to selling, marketing, and general administrative support for the segment. This aggregate metric provides a comprehensive view of the non-production overhead required to operate the business unit. It is a key measure of the segment's overall operational efficiency and cost management performance.

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