Aquestive Therapeutics (AQST) Gross Margin (2017 - 2026)
Aquestive Therapeutics (AQST) recorded quarterly Gross Margin of 75.99% in Q1 2026, down 48.16% quarter-over-quarter from 146.58% in Q4 2025, and up 1787.0% on a YoY basis from 4.03% in Q1 2025.
Aquestive Therapeutics (AQST) Gross Margin (2017 - 2026) Analysis & Trends
Aquestive Therapeutics' Gross Margin history runs 10 years deep, the most recent figure standing at 75.99% for Q1 2026.
- In Q1 2026, Gross Margin rose 1787.0% year-over-year to 75.99%; the TTM figure through Mar 2026 stood at 255.04% (down 32929.0% YoY), while the FY2025 annual figure was 1878.14%, down 194710.0% from the prior year.
- Gross Margin was 75.99% for Q1 2026 at Aquestive Therapeutics, down from 146.58% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 231.82% in Q4 2022 to a low of 34.48% in Q2 2022.
- Historically, Gross Margin has averaged 83.37% across 5 years, with a median of 65.66% in 2022.
- The sharpest annual moves came in 2022 and 2023: Gross Margin soared 16220 bps in 2022, then slumped 17333 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 231.82% in 2022, then sank by 75 bps to 58.49% in 2023, then rose by 6 bps to 61.91% in 2024, then soared by 137 bps to 146.58% in 2025, then sank by 48 bps to 75.99% in 2026.
- The last three Gross Margin figures came in at 75.99% (Q1 2026), 146.58% (Q4 2025), and 64.82% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 39.72 Bn | 35.98 Bn | 1.97 Bn | 49.52% |
| 2 | Zoetis | 34.61 Bn | 32.67 Bn | 1.62 Bn | 71.66% |
| 3 | United Therapeutics | 24.07 Bn | 21.91 Bn | 648.10 Mn | 82.93% |
| 4 | Aurora Cannabis | 16.98 Bn | 16.91 Bn | 33.43 Mn | 49.50% |
| 5 | Neurocrine Biosciences | 16.64 Bn | 15.32 Bn | 800.70 Mn | 98.31% |
| 6 | Elanco Animal Health | 12.19 Bn | 11.76 Bn | 785.00 Mn | 57.26% |
| 7 | Alkermes | 7.37 Bn | 6.86 Bn | -116.06 Mn | -293.83% |
| 8 | Hims & Hers Health | 6.62 Bn | 5.87 Bn | 396.79 Mn | 65.25% |
| 9 | Lantheus Holdings | 6.47 Bn | 5.97 Bn | 230.92 Mn | 61.20% |
| 10 | Aquestive Therapeutics | 488.60 Mn | 377.87 Mn | 10.98 Mn | 75.99% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 75.99% |
| Dec 31, 2025 | 146.58% |
| Sep 30, 2025 | 64.82% |
| Jun 30, 2025 | 85.66% |
| Mar 31, 2025 | 58.12% |
| Dec 31, 2024 | 61.91% |
| Sep 30, 2024 | 67.24% |
| Jun 30, 2024 | 93.24% |
| Mar 31, 2024 | 63.59% |
| Dec 31, 2023 | 58.49% |
| Sep 30, 2023 | 100.00% |
| Jun 30, 2023 | 50.03% |
| Mar 31, 2023 | 100.00% |
| Dec 31, 2022 | 231.82% |
| Sep 30, 2022 | 59.65% |
| Jun 30, 2022 | 34.48% |
| Mar 31, 2022 | 65.66% |
| Dec 31, 2021 | 69.62% |
| Sep 30, 2021 | 66.88% |
| Jun 30, 2021 | -123.30% |