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AQST logoAquestive Therapeutics, Inc. (AQST) Earnings History

Annual and quarterly earnings data from 2016 to 2025

TTM Net Income
-$84M
Net Loss
TTM EPS
$-0.69
Diluted
YoY EPS Growth
-49.0%
Declining
Net Margin
-188.1%
Profitability
Operating Margin-159.5%
Gross Margin58.3%
ROEN/A
ROA-64.0%
Highest Annual Net Income-$8M (2023)
Highest Quarterly EPS$0.26 (Q1 2023)
Consecutive Profitable Years0 years
Q4 2025
Net Income-$32M
EPS$-0.26
QoQ Growth-106.3%Declining

Loading earnings history...

AQST EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
N/A
N/M
3-Year
N/A
N/M
5-Year
N/A
N/M
10-Year
N/A
N/M

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

AQST Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
202558.3%-159.5%-188.1%
202469.0%-53.5%-76.7%
202358.8%-29.9%-15.6%
202259.3%-88.2%-114.1%
202170.5%-68.2%-138.8%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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Aquestive Therapeutics, Inc. (AQST) Earnings Overview

As of May 8, 2026, Aquestive Therapeutics, Inc. (AQST) reported trailing twelve-month net income of -$84M, reflecting -49.0% year-over-year growth. The company earned $-0.69 per diluted share over the past four quarters, with a net profit margin of -188.1%.

Looking at the long-term picture, AQST's historical earnings data spans multiple years. The company achieved its highest annual net income of -$8M in fiscal 2023.

Aquestive Therapeutics, Inc. is currently reporting a net loss, though operating performance should be evaluated in the context of growth investments and industry dynamics View revenue history →

Compared to peers including DARE (-$17M net income, -41430.9% margin), AYTU (-$24M net income, -20.4% margin), PRAX (-$327M net income), AQST has outperformed on profitability metrics. Compare AQST vs DARE →

AQST Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
AQST logoAQSTCurrent
-$84M$-0.69-188.1%--49.0%—
DARE logoDARE
-$17M$-1.37-41430.9%-+88.4%
AYTU logoAYTU
-$24M$-2.44-20.4%-58.1%+24.5%
PRAX logoPRAX
-$327M$-11.31--45.8%-32.0%
LQDA logoLQDA
-$122M$-1.41-931.7%-209.4%-37.2%
INVA logoINVA
$504M$5.9463.8%29.1%+816.7%
Best in group
Lowest in group

AQST Historical Earnings Data (2016–2025)

10 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025-$84M-89.8%-$71M$-0.76-188.1%-159.5%
2024-$44M-460.8%-$31M$-0.51-76.7%-53.5%
2023-$8M+85.5%-$15M$-0.13-15.6%-29.9%
2022-$54M+22.9%-$42M$-1.12-114.1%-88.2%
2021-$71M-26.5%-$35M$-1.85-138.8%-68.2%
2020-$56M+15.8%-$43M$-1.66-121.7%-93.6%
2019-$66M-7.9%-$53M$-2.87-125.9%-100.1%
2018-$61M-586.3%-$49M$-2.96-91.0%-72.6%
2017-$9M+6.9%$-113,000$-0.45-13.4%-0.2%
2016-$10M-$-847,000$-0.39-18.5%-1.6%

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Compare AQST vs DBVT

Side-by-side business, growth, and profitability comparison vs DBV Technologies S.A..

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AQST — Frequently Asked Questions

Quick answers to the most common questions about buying AQST stock.

Is AQST growing earnings?

AQST EPS fell to $-0.69, with earnings declining -49.0%. This contrasts with the 5-year CAGR of N/A. TTM net income dropped to $-84M.

What are AQST's profit margins?

Aquestive Therapeutics, Inc. net margin is -188.1%, with operating margin at -159.5%. Below-average margins reflect competitive or cost pressures.

How consistent are AQST's earnings?

AQST earnings data spans 2016-2025. The declining earnings trend is -49.0% YoY. Historical data enables comparison across business cycles.

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AQST Earnings Over Time (2016–2025)

Net income and EPS trends