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
DateValue
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%