← Back to Screener
ScreenerNewsCompareWatchlist
VCP ScannerFree US Stock Screener & Financial AnalysisFree US Stock Screener
ScreenerThemesNewsCompareWatchlist
AnalyzeValuationTotal ReturnDCA CalculatorInsider Activity

ASTI logoAscent Solar Technologies, Inc. Common Stock(ASTI)Earnings, Financials & Key Ratios

ASTI•NASDAQ
$3.88
$18M mkt cap·Price updated May 7, 2026
SectorEnergyIndustrySolarSub-IndustrySolar modules and inverters
AboutAscent Solar Technologies, Inc. designs, manufactures, and sells copper-indium-gallium-diselenide photovoltaic products for aerospace, defense, emergency management, and consumer/OEM applications. It offers outdoor solar chargers. The company markets and sells its products through OEMs, system integrators, distributors, retailers, and e-commerce companies. Ascent Solar Technologies, Inc. was incorporated in 2005 and is based in Thornton, Colorado.Show more
  • Revenue$0-100.0%
  • EBITDA-$8M+2.3%
  • Net Income-$8M+14.2%
  • EPS (Diluted)-3.09+70.2%
  • ROE-233.19%+76.3%
  • ROIC-275.46%+15.6%
  • Debt/Equity0.44-28.1%
Technical→

ASTI Key Insights

Ascent Solar Technologies, Inc. Common Stock (ASTI) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Momentum leader: RS Rating 87 (top 13%)

✗Weaknesses

  • ✗Weak Piotroski F-Score: 3/9
  • ✗Shares diluted 100.0% in last year
  • ✗Trading more than 30% below 52-week high
  • ✗Low asset turnover indicates capital-intensive operations

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

ASTI Price & Volume

Ascent Solar Technologies, Inc. Common Stock (ASTI) stock price & volume — 10-year historical chart

Loading chart...

ASTI Growth Metrics

Ascent Solar Technologies, Inc. Common Stock (ASTI) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years-
3 Years-
TTM-100%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM14.21%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM94.43%

Return on Capital

10 Years-555.68%
5 Years-206.8%
3 Years-223.18%
Last Year-175.14%

ASTI Peer Comparison

Ascent Solar Technologies, Inc. Common Stock (ASTI) competitors in Solar modules and inverters — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
FSLR logoFSLRFirst Solar, Inc.Direct Competitor23.06B214.5715.1024.09%30.73%18.01%0.05
ARRY logoARRYArray Technologies, Inc.Direct Competitor1.25B8.20-11.2340.22%-5.56%-20.64%2.94
SHLS logoSHLSShoals Technologies Group, Inc.Direct Competitor1.32B7.8439.2019.07%6.27%5.67%0.29
SPWR logoSPWRSunPower Inc.Product Competitor866.02M1.02-15.252.92%-13.21%
CSIQ logoCSIQCanadian Solar Inc.Product Competitor1.18B17.68-11.41-6.65%-1.86%-2.47%1.80
JKS logoJKSJinkoSolar Holding Co., Ltd.Product Competitor305.58M23.34-0.48-30.94%-3.36%-7.71%1.93
DQ logoDQDaqo New Energy Corp.Product Competitor1.24B18.37-7.20-35.34%-32.94%-3.19%
MAXN logoMAXNMaxeon Solar Technologies, Ltd.Product Competitor8.07M0.48-0.01-54.68%-320.48%

Compare ASTI vs Peers

Ascent Solar Technologies, Inc. Common Stock (ASTI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs FSLR

Most directly comparable listed peer for ASTI.

Scale Benchmark

vs BE

Larger-name benchmark to compare ASTI against a more recognizable public peer.

Peer Set

Compare Top 5

vs FSLR, ARRY, SHLS, SPWR

ASTI Income Statement

Ascent Solar Technologies, Inc. Common Stock (ASTI) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Sales/Revenue642.18K862.41K638.38K66.61K607.78K1.22M458.26K41.89K0
Revenue Growth %-63.25%34.29%-25.98%-89.57%812.41%101.19%-62.52%-90.86%-100%
Cost of Goods Sold2.81M1.02M490.75K174.59K1.9M2.01M1.89M148.38K196.33K
COGS % of Revenue438.32%117.79%76.88%262.09%313.01%164.5%412.94%354.18%-
Gross Profit
-2.17M▲ 0%
-153.38K▲ 92.9%
147.63K▲ 196.2%
-107.97K▼ 173.1%
-1.29M▼ 1099.0%
-788.67K▲ 39.1%
-1.43M▼ 81.8%
-106.48K▲ 92.6%
-196.33K▼ 84.4%
Gross Margin %-338.32%-17.79%23.12%-162.09%-213.01%-64.5%-312.94%-254.18%-
Gross Profit Growth %46.96%92.94%196.25%-173.14%-1099.01%39.08%-81.83%92.57%-84.38%
Operating Expenses11.61M6.42M3.4M2.35M7.5M16.27M14.21M8.43M7.75M
OpEx % of Revenue1808.23%744.05%532.7%3522.69%1233.27%1330.31%3100.69%20124.28%-
Selling, General & Admin5.6M3.24M1.85M1.03M3.3M10.22M7.61M5.53M4.1M
SG&A % of Revenue871.72%376.25%289.32%1545.82%542.62%835.41%1660.19%13202.91%-
Research & Development4.82M2.79M1.31M1.17M4.14M5.98M3.22M2.3M2.44M
R&D % of Revenue750.65%324.05%205.36%1749.2%681.22%488.71%703.16%5492.44%-
Other Operating Expenses574.82K13.14K242.78K151.66K57.31K75.64K3.38M598.62K1.21M
Operating Income
-14.15M▲ 0%
-6.57M▲ 53.6%
-3.25M▲ 50.5%
-2.45M▲ 24.5%
-8.79M▼ 258.1%
-17.06M▼ 94.0%
-15.64M▲ 8.3%
-8.54M▲ 45.4%
-7.87M▲ 7.8%
Operating Margin %-2203.13%-761.83%-509.58%-3684.79%-1446.28%-1394.81%-3413.63%-20378.46%-
Operating Income Growth %42.55%53.56%50.49%24.55%-258.12%-94.03%8.28%45.43%7.76%
EBITDA-12.95M-6.19M-3.01M-2.12M-8.08M-16.29M-14.88M-7.98M-7.79M
EBITDA Margin %-2017.28%-718.08%-471.55%-3178.15%-1330.07%-1331.85%-3247.18%-19045.44%-
EBITDA Growth %38.4%52.2%51.39%29.67%-281.85%-101.46%8.63%46.38%2.31%
D&A (Non-Cash Add-back)1.19M377.31K242.78K337.49K706.29K769.87K762.76K558.44K79.66K
EBIT-11.7M-8.68M3.98M5.12M-4.91M-17.05M-14.9M-8.46M0
Net Interest Income-6.86M-7.35M-8.85M-3.51M-1.09M-2.7M-2.17M-665.72K0
Interest Income000000000
Interest Expense6.86M7.35M8.85M3.51M1.09M2.7M2.17M665.72K-51.99K
Other Income/Expense-4.41M-9.47M-1.62M4.07M2.79M-2.73M-1.43M-593.13K41.63K
Pretax Income
-18.56M▲ 0%
-16.04M▲ 13.6%
-4.87M▲ 69.6%
1.62M▲ 133.2%
-6M▼ 471.0%
-19.78M▼ 229.7%
-17.07M▲ 13.7%
-9.13M▲ 46.5%
-7.83M▲ 14.2%
Pretax Margin %-2890.18%-1859.49%-762.6%2428.12%-987.19%-1617.79%-3724.94%-21794.27%-
Income Tax00000-27.36K000
Effective Tax Rate %0%0%0%0%0%0.14%0%0%0%
Net Income
-18.56M▲ 0%
-16.04M▲ 13.6%
-4.87M▲ 69.6%
1.62M▲ 133.2%
-6M▼ 471.0%
-19.75M▼ 229.2%
-17.07M▲ 13.6%
-9.13M▲ 46.5%
-7.83M▲ 14.2%
Net Margin %-2890.18%-1859.49%-762.6%2428.12%-987.19%-1615.55%-3724.94%-21794.27%-
Net Income Growth %52.23%13.6%69.64%133.22%-470.96%-229.24%13.59%46.51%14.21%
Net Income (Continuing)-18.56M-16.04M-4.87M1.62M-6M-19.75M-17.07M-9.13M-7.83M
Discontinued Operations000000000
Minority Interest000000000
EPS (Diluted)
-999999.00▲ 0%
-692490.00▲ 30.8%
-3170.00▲ 99.5%
8936.15▲ 381.9%
-25104.62▼ 380.9%
-13200.00▲ 47.4%
-3419.25▲ 74.1%
-10.38▲ 99.7%
-3.09▲ 70.2%
EPS Growth %99.25%78.02%99.54%381.9%-380.93%47.42%74.1%99.7%70.23%
EPS (Basic)-999999.00-692490.00-3170.008936.15-25104.62-13200.00-3419.25-10.38-3.09
Diluted Shares Outstanding6231.54K1812391.49K10.25K882.55K2.56M
Basic Shares Outstanding6231.54K1812391.49K10.25K882.55K2.56M
Dividend Payout Ratio---------

ASTI Balance Sheet

Ascent Solar Technologies, Inc. Common Stock (ASTI) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Total Current Assets1.63M982.48K585.49K779.27K6.85M12.44M1.54M3.71M3.38M
Cash & Short-Term Investments89.62K18.16K0167.72K5.96M11.48M1.05M3.17M2.79M
Cash Only89.62K18.16K0167.72K5.96M11.48M1.05M3.17M2.79M
Short-Term Investments000000000
Accounts Receivable6.66K165.16K05.54K49.25K1.77K000
Days Sales Outstanding3.7869.9-30.3529.580.53---
Inventory1.04M660.79K533.89K534.43K592.17K615.28K447.5K453.1K543.62K
Days Inventory Outstanding134.58237.44397.081.12K113.61111.6586.311.11K1.01K
Other Current Assets0138.37K51.6K0247.74K344.11K39.28K89.47K54.57K
Total Non-Current Assets6.15M5.31M5.05M6.59M6M6.23M5.38M3.43M2.95M
Property, Plant & Equipment4.63M4.41M4.23M5.65M5.26M4.88M3.41M2.11M20.47M
Fixed Asset Turnover0.14x0.20x0.15x0.01x0.12x0.25x0.13x0.02x-
Goodwill000000000
Intangible Assets1.47M862.43K813.4K439.84K86.59K79.98K53.98K28.49K0
Long-Term Investments000021.2K61.38K68.87K62.19K0
Other Non-Current Assets49.81K34.06K0500K-627K130.99K1.23M1.23M-17.52M
Total Assets
7.78M▲ 0%
6.29M▼ 19.1%
5.63M▼ 10.5%
7.37M▲ 30.9%
12.85M▲ 74.3%
18.68M▲ 45.4%
6.91M▼ 63.0%
7.15M▲ 3.4%
6.33M▼ 11.4%
Asset Turnover0.08x0.14x0.11x0.01x0.05x0.07x0.07x0.01x-
Asset Growth %-33.01%-19.14%-10.47%30.85%74.29%45.37%-62.99%3.4%-11.4%
Total Current Liabilities14.31M23.87M30.71M9.15M3.05M4.97M5.76M2.28M2.21M
Accounts Payable1.6M2.32M1.66M736.99K642.16K595.16K579.24K449.44K394.7K
Days Payables Outstanding207.54833.151.24K1.54K123.21108111.721.11K733.79
Short-Term Debt4.48M8.41M17.14M443.2K896.74K250K2.19M19.55K676.6K
Deferred Revenue (Current)1.83M3.03M4.19M000000
Other Current Liabilities6.41M10.11M7.72M5.3M-646.74K2.47M2.84M1.03M1.53M
Current Ratio0.11x0.04x0.02x0.09x2.25x2.50x0.27x1.63x1.53x
Quick Ratio0.04x0.01x0.00x0.03x2.05x2.38x0.19x1.43x1.29x
Cash Conversion Cycle-69.17-525.81--393.1219.984.18---
Total Non-Current Liabilities8.67M5.06M28.4K18.41M12.63M9.12M2.68M1.49M788.28K
Long-Term Debt5.8M5.03M013.22M8.08M5.27M00788.28K
Capital Lease Obligations0005.18M4.53M3.83M2.04M1.46M0
Deferred Tax Liabilities00001.25M1.08M613K00
Other Non-Current Liabilities2.87M29.11K28.4K14.14K21.23K21.23K21.23K21.23K0
Total Liabilities22.98M28.93M30.74M27.56M15.68M14.09M8.44M3.77M2.99M
Total Debt10.28M13.43M17.14M19.42M14.15M10.08M4.23M2.06M1.46M
Net Debt10.19M13.42M17.14M19.25M8.19M-1.4M3.18M-1.11M-1.32M
Debt / Equity-----2.20x-0.61x0.44x
Debt / EBITDA---------
Net Debt / EBITDA---------
Interest Coverage-2.06x-0.89x-0.37x-0.70x-8.08x-6.31x-7.20x-12.82x-
Total Equity
-15.2M▲ 0%
-22.64M▼ 48.9%
-25.11M▼ 10.9%
-20.19M▲ 19.6%
-2.83M▲ 86.0%
4.59M▲ 261.8%
-1.53M▼ 133.3%
3.38M▲ 321.4%
3.34M▼ 1.2%
Equity Growth %-8.66%-48.9%-10.92%19.57%85.97%261.83%-133.29%321.4%-1.24%
Book Value per Share-999999.00-977471.16-16328.09-111559.13-11856.093077.54-148.943.831.31
Total Shareholders' Equity-15.2M-22.64M-25.11M-20.19M-2.83M4.59M-1.53M3.38M3.34M
Common Stock960.66K6.35K475.92K3684793.4K358145466
Retained Earnings-402.5M-418.53M-423.4M-421.78M-427.78M-447.54M-482.48M-491.61M-499.44M
Treasury Stock000000000
Accumulated OCI00000-16.02K8.94K4.92K12.81K
Minority Interest000000000

ASTI Cash Flow Statement

Ascent Solar Technologies, Inc. Common Stock (ASTI) cash flow — operating, investing & free cash flow history

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Cash from Operations-12.6M-4.02M-2.72M-2.88M-9.4M-10.51M-9.54M-8.42M-6.9M
Operating CF Margin %-1961.75%-465.65%-425.36%-4325.19%-1547.34%-859.23%-2081.11%-20107.34%-
Operating CF Growth %25.26%68.12%32.38%-6.1%-226.41%-11.72%9.23%11.67%18.04%
Net Income-18.56M-16.04M-4.87M1.62M-6M-19.75M-17.07M-9.13M-7.83M
Depreciation & Amortization1.2M381.06K242.78K337.49K706.29K769.87K762.76K558.44K627.6K
Stock-Based Compensation123.27K29.27K20.75K005.48M2.24M1.01M1.13M
Deferred Taxes-2.38M2.58M0000000
Other Non-Cash Items5.44M5.93M105.08K-5.37M-2.74M2.64M5.32M690.4K-832.53K
Working Capital Changes1.58M3.1M1.78M536.61K-1.38M358.27K-792.71K-1.55M0
Change in Receivables569.63K-155.97K164.8K-5.4K-43.71K47.48K1.77K00
Change in Inventory1.17M377.06K126.9K-539-57.74K-23.11K-124.76K29.05K-4.18K
Change in Payables-592.4K994.42K-288.94K-321.58K-77.17K-47.01K-15.92K-129.8K-19.7K
Cash from Investing80.95K-2.45K827.49K254.44K-301.52K-265.47K-3.88M-421-107.02K
Capital Expenditures-69.05K-16.45K-6.39K-156-280.32K-169.36K-3.86M-421-32.02K
CapEx % of Revenue10.75%1.91%1%0.23%46.12%13.85%841.83%1%-
Acquisitions150K14K0254.6K-21.2K-83.56K000
Investments---------
Other Investing150K14K833.88K00-12.56K-19.58K00
Cash from Financing12.48M3.95M1.87M2.8M15.5M16.29M2.96M10.55M6.63M
Debt Issued (Net)3.49M3.96M1.88M298.2K013.5M-6.24M-446.38K0
Equity Issued (Net)1000K001000K1000K1000K1000K1000K0
Dividends Paid000000000
Share Repurchases000000000
Other Financing-20K-11K-7.5K00-2.21M-1.09M-4.97M6.63M
Net Change in Cash
-41.33K▲ 0%
-71.46K▼ 72.9%
-18.16K▲ 74.6%
167.72K▲ 1023.6%
5.79M▲ 3354.5%
5.52M▼ 4.7%
-10.43M▼ 289.0%
2.12M▲ 120.3%
-384.25K▼ 118.1%
Free Cash Flow
-12.67M▲ 0%
-4.03M▲ 68.2%
-2.73M▲ 32.3%
-2.88M▼ 5.5%
-9.68M▼ 236.1%
-10.69M▼ 10.4%
-13.41M▼ 25.5%
-8.42M▲ 37.2%
-6.94M▲ 17.7%
FCF Margin %-1972.5%-467.56%-427.71%-4325.42%-1593.46%-874.11%-2927.21%-20108.35%-
FCF Growth %25.91%68.17%32.29%-5.53%-236.13%-10.36%-25.5%37.2%17.66%
FCF per Share-999999.00-174123.88-1775.72-15918.73-40522.01-7173.48-1308.71-9.55-2.71
FCF Conversion (FCF/Net Income)0.68x0.25x0.56x-1.78x1.57x0.53x0.56x0.92x0.88x
Interest Paid002.7K000293.84K00
Taxes Paid000000000

ASTI Key Ratios

Ascent Solar Technologies, Inc. Common Stock (ASTI) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric2016201720182019202020212022202320242025
Return on Equity (ROE)-------2255.19%-1116.07%-985.29%-233.19%
Return on Invested Capital (ROIC)-920.45%-----298.71%-299.58%-485.25%-326.26%-275.46%
Gross Margin-234.44%-338.32%-17.79%23.12%-162.09%-213.01%-64.5%-312.94%-254.18%-
Net Margin-2223.4%-2890.18%-1859.49%-762.6%2428.12%-987.19%-1615.55%-3724.94%-21794.27%-
Debt / Equity------2.20x-0.61x0.44x
Interest Coverage-3.12x-2.06x-0.89x-0.37x-0.70x-8.08x-6.31x-7.20x-12.82x-
FCF Conversion0.43x0.68x0.25x0.56x-1.78x1.57x0.53x0.56x0.92x0.88x
Revenue Growth-73.27%-63.25%34.29%-25.98%-89.57%812.41%101.19%-62.52%-90.86%-100%

ASTI Frequently Asked Questions

Ascent Solar Technologies, Inc. Common Stock (ASTI) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Ascent Solar Technologies, Inc. Common Stock (ASTI) saw revenue decline by 100.0% over the past year.

Ascent Solar Technologies, Inc. Common Stock (ASTI) reported a net loss of $7.8M for fiscal year 2025.

Dividend & Returns

Ascent Solar Technologies, Inc. Common Stock (ASTI) has a return on equity (ROE) of -233.2%. Negative ROE indicates the company is unprofitable.

Ascent Solar Technologies, Inc. Common Stock (ASTI) had negative free cash flow of $7.0M in fiscal year 2025, likely due to heavy capital investments.

Explore More ASTI

Ascent Solar Technologies, Inc. Common Stock (ASTI) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

→

DCA Calculator

Dollar cost averaging vs lump sum

→

Dividend History

Yield, growth, payout safety & DRIP

→

Earnings History

EPS trends, net income & profitability

→

Price History

Long-term charts & historical price data

→

Revenue History

Sales growth patterns & revenue breakdown

→

Financial Ratios

30 years of market, efficiency and balance-sheet ratios

→

Valuation

DCF intrinsic value, peer multiples & estimates

→
VCP ScannerFree US Stock Screener & Financial Analysis

Find stocks. Verify deeply. Act with conviction.

Patterns find ideas. Fundamentals build conviction.

Data updated daily

Quick Links

  • Home
  • Screener
  • Themes
  • Market Valuation
  • Valuation
  • Compare
  • Total Return
  • DCA Calculator
  • News
  • Insights
  • Methodology
  • How It Works
  • Profile

Popular Screens

  • VCP Hot
  • VCP Warm
  • Value Screens
  • Growth Screens
  • Momentum Screens
  • Technical Screens
  • Quality Screens

Community

  • Follow @VCPScanner on X

Get weekly stock ideas — free

© 2026 VCP Scanner. All rights reserved.
About·Privacy Policy·Terms of Service
Not financial advice. Do your own research.