Aquestive Therapeutics AQST
NASDAQ AQST
$5.15 -0.06 (-1.15%)
As of: Sep 9, 2026 · 3:59 PM EDT

Aquestive Therapeutics (AQST) Gross Margin (2017 - 2026)

Aquestive Therapeutics (AQST) posted Gross Margin of 70.93% for Q2 2026, down 6.65% on a QoQ basis from 75.99% in Q1 2026, and up 1653.0% year-over-year from 4.05% in Q2 2025.

Analysis

Aquestive Therapeutics (AQST) Gross Margin (2017 - 2026) Analysis & Trends

Aquestive Therapeutics has reported Gross Margin for 10 years, with the latest figure at 70.93% in Q2 2026.

  • On a quarterly basis, Gross Margin rose 1653.0% year-over-year to 70.93% in Q2 2026; TTM through Jun 2026 was 67.04%, a 594.0% increase from a year earlier, with the FY2025 full-year figure at 58.35%, down 1061.0% from the prior year.
  • Gross Margin was 70.93% for Q2 2026 at Aquestive Therapeutics, down from 75.99% in the prior quarter.
  • The five-year high for Gross Margin was 77.48% in Q2 2024, with the low at 50.03% in Q2 2023.
  • Average Gross Margin over 5 years is 61.93%, with a median of 61.2% recorded in 2024.
  • The sharpest annual moves came in 2024 and 2025: Gross Margin surged 2746 bps in 2024, then slumped 2308 bps in 2025.
  • Over 5 years, Gross Margin stood at 50.34% in 2022, then climbed by 16 bps to 58.49% in 2023, then gained by 6 bps to 61.91% in 2024, then retreated by 11 bps to 55.16% in 2025, then climbed by 29 bps to 70.93% in 2026.
  • The last three Gross Margin figures came in at 70.93% (Q2 2026), 75.99% (Q1 2026), and 55.16% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Johnson & Johnson 643.26 Bn 622.50 Bn 17.26 Bn 68.19%
2 AbbVie 443.31 Bn 436.74 Bn 12.70 Bn 74.74%
3 Merck 364.74 Bn 357.60 Bn 12.21 Bn 73.54%
4 Novartis Ag 266.46 Bn 258.77 Bn 11.24 Bn 78.02%
5 Pfizer 158.57 Bn 146.88 Bn 10.94 Bn 72.78%
6 Sanofi 52.33 Bn 44.95 Bn 10.79 Bn 80.05%
7 Revolution Medicines 43.79 Bn 43.79 Bn - -
8 Incyte 25.23 Bn 20.69 Bn 1.57 Bn 93.73%
9 United Therapeutics 21.67 Bn 19.01 Bn 683.80 Mn 87.30%
10 Aquestive Therapeutics 640.60 Mn 542.11 Mn 9.80 Mn 70.93%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 70.93%
Mar 31, 2026 75.99%
Dec 31, 2025 55.16%
Sep 30, 2025 64.82%
Jun 30, 2025 54.40%
Mar 31, 2025 58.12%
Dec 31, 2024 61.91%
Sep 30, 2024 67.24%
Jun 30, 2024 77.48%
Mar 31, 2024 63.59%
Dec 31, 2023 58.49%
Sep 30, 2023 63.10%
Jun 30, 2023 50.03%
Mar 31, 2023 57.45%
Dec 31, 2022 50.34%
Sep 30, 2022 59.65%
Jun 30, 2022 60.48%
Mar 31, 2022 65.66%
Dec 31, 2021 69.62%
Sep 30, 2021 66.88%