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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%
Free cash flow-$14.9M+36.9%

Valuation

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Market cap$494.34M+28.9%
Enterprise value$447.96M+17.1%
P/S9.8×+1.1×

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:PaymentsToAcquirePropertyPlantAndEquipment.

The source filing: Aquestive Therapeutics, Inc.’s 10-Q, filed May 13, 2026.

Filed
May 13, 2026, 4:08 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001398733-26-000030
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Deferred revenue(272)(261)
Net cash used for operating activities(14,806)(23,400)
Investing activities:
Capital expenditures(52)(135)
Net cash used for investing activities(52)(135)
Financing activities:
Proceeds from common stock issued under public equity offering-ATM, net4,75921,360
Proceeds from exercise of stock options, net1

Item 1. FINANCIAL STATEMENTS (Unaudited)

FAQ

What is Aquestive Therapeutics, Inc.'s capex?
Aquestive Therapeutics, Inc. (AQST) reported capex of $52K in Q1 2026.
How has Aquestive Therapeutics, Inc.'s capex changed year-over-year?
Aquestive Therapeutics, Inc.'s capex decreased by 61.5% year-over-year, from $135K to $52K.
What is the long-term trend for Aquestive Therapeutics, Inc.'s capex?
Over 4 years (2021 to 2025), Aquestive Therapeutics, Inc.'s capex has grown at a -11.4% compound annual growth rate (CAGR), from $913K to $562K.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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