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Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Gross margin63.5%-4.9pp58.3%-10.6pp60.3%-9.1pp61.1%-7.4pp68.4%+8.2pp
Operating margin-111.2%-35.2pp-159.5%-106pp-128.6%-92.7pp-119.2%-93.2pp-75.9%-38.2pp
Net margin-137.1%-37.1pp-188.1%-111pp-158.9%-99.2pp-147.4%-103pp-100%-44.2pp
EBITDA margin-110.1%-35.4pp-158.3%-106pp-127.3%-93.2pp-117.9%-93.8pp-74.7%-39.3pp
Free cash flow margin-88.2%+2.3pp-119%-56.6pp-117.4%-59.0pp-113.3%-70.7pp-90.4%-38.8pp
Returns
Return on assets-56.6%-9.8pp-64%-8.4pp-50.4%-8.9pp-61.6%-32.1pp-46.8%-16.7pp
Efficiency
Asset turnover0.4×-0.1×0.3×-0.4×0.3×-0.4×0.4×-0.3×0.5×-0.1×
Inventory turnover2.4×+0.1×+0.2×2.3×-0.2×2.3×-0.6×2.3×-0.5×
Liquidity
Current ratio4.1×-0.8×3.1×-1.5×5.9×-0.4×3.5×-4.0×4.9×-1.4×
Quick ratio3.8×-0.6×-1.4×5.6×-0.3×3.2×-3.8×4.5×-1.4×
Cash ratio3.5×-0.3×2.5×-1.2×-0.1×2.6×-3.9×3.8×-1.5×
Leverage
Debt-to-assets0.5×-0.1×0.4×-0.1×0.4×-0.1×0.6×+0.2×0.6×+0.2×
Interest coverage-5×-1.3×-6.4×-3.6×-5×-3.0×-4.7×-3.1×-3.7×-1.2×
Per Share
Book value per share-$0.28+56.5%-$0.31+54.6%-$0.04+92.5%-$0.73-87.2%-$0.64-29.4%
Valuation
Market capitalization$560.13M+73.5%$788.14M+143%$676.24M+49.1%$318.84M+34.7%$286.73M-25.2%
Enterprise value$513.76M+63.6%$726.59M+139%$606.83M+42.4%$318.08M+61.0%$277.97M-17.9%
Price / sales11.1×+5.2×17.7×+12.1×15.6×+7.9×7.2×+3.2×5.3×-2.2×
EV / sales10.2×+4.4×16.3×+11.0×14×+6.7×7.2×+3.8×5.1×-1.5×
Free cash flow yield-7.9%+7.3pp-6.7%+4.3pp-7.5%0.0pp-15.7%-5.2pp-17.1%-10.2pp
Earnings yield-12.3%+4.5pp-10.6%+3.0pp-10.2%-2.4pp-20.4%-9.5pp-18.9%-11.4pp

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Questions, answered.

What are Aquestive Therapeutics, Inc.'s profit margins?
Aquestive Therapeutics, Inc. (AQST) runs a 63.5% gross margin and a -111.2% operating margin, with a -137.1% net margin.
Where do Aquestive Therapeutics, Inc.'s ratios come from?
Every ratio is computed from Aquestive Therapeutics, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.