Ascent Solar Technologies, Inc. Common Stock (ASTI) Revenue History
Annual and quarterly revenue from 2005 to present
ASTI Revenue Over Time (2005–2025)
ASTI Revenue Growth History
10 of 18 years with positive growth- FY2005 revenue growth
- N/A
- FY2006 revenue growth
- N/A
- FY2007 revenue growth
- N/A
- FY2008 revenue growth
- +49.6%
- FY2009 revenue growth
- -2.4%
- FY2010 revenue growth
- +69.5%
- FY2011 revenue growth
- +59.2%
- FY2012 revenue growth
- -69.7%
- FY2013 revenue growth
- +10.0%
- FY2014 revenue growth
- +305.3%
- FY2015 revenue growth
- +22.5%
- FY2016 revenue growth
- -73.3%
- FY2017 revenue growth
- -63.2%
- FY2018 revenue growth
- +34.3%
- FY2019 revenue growth
- -26.0%
- FY2020 revenue growth
- -89.6%
- FY2021 revenue growth
- +812.4%
- FY2022 revenue growth
- +101.2%
- FY2023 revenue growth
- -62.5%
- FY2024 revenue growth
- -90.9%
- FY2025 revenue growth
- +83.3%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $52K | +232.5% |
| Q4 2025 | $16K | — |
| Q3 2025 | $29K | +233.9% |
| Q2 2025 | $17K | -38.9% |
| Q1 2025 | $16K | +179.0% |
| Q4 2024 | $0 | -100.0% |
| Q3 2024 | $9K | -96.3% |
| Q2 2024 | $28K | -72.6% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2024)
ASTI's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
ASTI Revenue Analysis (2005–2025)
Current Revenue & Growth
As of June 29, 2026, Ascent Solar Technologies, Inc. Common Stock (ASTI) generated trailing twelve-month (TTM) revenue of $113,093, reflecting explosive growth of +232.5% year-over-year. The most recent quarter (Q1 2026) recorded $51,944 in revenue, up 232.1% sequentially.
Historical Growth Trajectory
ASTI's 5-year compound annual growth rate (CAGR) stands at +2.9%, indicating moderate growth over time. The 3-year CAGR of -60.3% is below the 5-year average, signalling a growth deceleration in recent years. Ascent Solar Technologies, Inc. Common Stock's highest annual revenue of $6.5 million was recorded in 2015.
Revenue by Segment
ASTI's revenue is primarily driven by Product (100%). With over half of revenue concentrated in Product, the company has a focused business model while developing other growth vectors.
Peer Comparison
Compared to Energy sector peers — including FSLR (+27.3% YoY), ARRY (+13.2% YoY), and SHLS (+37.8% YoY) — ASTI has outperformed the peer group in revenue growth. Compare ASTI vs FSLR →
ASTI Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| ASTICurrent | $113,093 | +232.5% | +2.9% | -10256.7% | |
 FSLR | $5.2B | +27.3% | +14.0% | 32.3% | |
 ARRY | $1.3B | +13.2% | +8.0% | 6.6% | |
 SHLS | $475M | +37.8% | +22.0% | 11.9% | |
 SPWR | $309M | +27.2% | +59.2% | -2.0% | |
 CSIQ | $5.6B | -6.6% | +10.0% | 0.8% |
ASTI Historical Revenue Data (2005–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $77K | +83.3% | $-119,559 | -155.7% | $-7,874,381 | -10256.7% |
| 2024 | $42K | -90.9% | $-106,483 | -254.2% | $-8,537,149 | -20378.5% |
| 2023 | $458K | -62.5% | $-1,434,081 | -312.9% | $-15,643,285 | -3413.6% |
| 2022 | $1.2M | +101.2% | $-788,673 | -64.5% | $-17,055,535 | -1394.8% |
| 2021 | $608K | +812.4% | $-1,294,631 | -213.0% | $-8,790,246 | -1446.3% |
| 2020 | $67K | -89.6% | $-107,975 | -162.1% | $-2,454,546 | -3684.8% |
| 2019 | $638K | -26.0% | $148K | 23.1% | $-3,253,048 | -509.6% |
| 2018 | $862K | +34.3% | $-153,384 | -17.8% | $-6,570,124 | -761.8% |
| 2017 | $642K | -63.2% | $-2,172,603 | -338.3% | $-14,148,055 | -2203.1% |
| 2016 | $1.7M | -73.3% | $-4,096,516 | -234.4% | $-24,628,551 | -1409.5% |
| 2015 | $6.5M | +22.5% | $-3,025,536 | -46.3% | $-27,746,384 | -424.5% |
| 2014 | $5.3M | +305.3% | $5.3M | 100.0% | $-33,858,977 | -634.6% |
| 2013 | $1.3M | +10.0% | $1.3M | 100.0% | $-27,017,276 | -2052.2% |
| 2012 | $1.2M | -69.7% | $1.2M | 100.0% | $-27,941,388 | -2334.0% |
| 2011 | $3.9M | +59.2% | $3.9M | 100.0% | $-105,302,385 | -2665.9% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
21+ years return with dividends reinvested.
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Peer Comparison
Compare growth, multiples, and margins vs sector.
ASTI — Frequently Asked Questions
Quick answers to the most common questions about buying ASTI stock.
Is ASTI's revenue growth accelerating or slowing?
ASTI revenue growth is accelerating. TTM revenue reached $113093.00, up +232.5% year-over-year — ahead of the 5-year CAGR of +2.9%. This indicates the business is expanding faster than its historical baseline.
What is ASTI's revenue history from 2005 to 2026?
Ascent Solar Technologies, Inc. Common Stock (ASTI) revenue history spans 2005 to 2026. TTM revenue as of 2026 is $113093.00, growing at +232.5% YoY. The 5-year CAGR is +2.9%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is ASTI's long-term revenue growth rate (CAGR)?
Ascent Solar Technologies, Inc. Common Stock's 5-year revenue CAGR of +2.9% reflects the sustained nature of its business expansion. As of 2026, the current YoY growth rate of +232.5% is above this long-term average. CAGR is the most reliable measure of sustained revenue momentum for ASTI.
Why does ASTI's quarterly revenue fluctuate?
ASTI quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Ascent Solar Technologies, Inc. Common Stock's revenue data from 2005 to 2026 shows full historical quarterly detail on this page.
How is ASTI's revenue distributed by segment?
ASTI reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does ASTI's revenue compare to industry peers?
Ascent Solar Technologies, Inc. Common Stock (ASTI) with TTM revenue of $113093.00 and +232.5% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.