Aquestive Therapeutics AQST
NASDAQ AQST
$5.09 -0.12 (-2.21%)
As of: Sep 9, 2026 · 1:01 PM EDT

Aquestive Therapeutics (AQST) Operating Expenses (2017 - 2026)

Aquestive Therapeutics (AQST) posted Operating Expenses of $22.0 million for Q2 2026, up 18.19% on a QoQ basis from $18.6 million in Q1 2026, and up 3.14% year-over-year from $21.4 million in Q2 2025.

Analysis

Aquestive Therapeutics (AQST) Operating Expenses (2017 - 2026) Analysis & Trends

Aquestive Therapeutics has reported Operating Expenses for 10 years, with the latest figure at $22.0 million in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 3.14% year-over-year to $22.0 million in Q2 2026; TTM through Jun 2026 was $106.8 million, a 10.44% increase from a year earlier, with the FY2025 full-year figure at $115.6 million, up 30.87% from the prior year.
  • Operating Expenses was $22.0 million for Q2 2026 at Aquestive Therapeutics, up from $18.6 million in the prior quarter.
  • The five-year high for Operating Expenses was $41.9 million in Q4 2025, with the low at $15.4 million in Q3 2023.
  • Average Operating Expenses over 5 years is $22.2 million, with a median of $21.4 million recorded in 2022.
  • The sharpest annual moves came in 2025 and 2026: Operating Expenses jumped 64.48% in 2025, then slumped 33.59% in 2026.
  • Over 5 years, Operating Expenses stood at $21.4 million in 2022, then slipped by 20.0% to $17.1 million in 2023, then soared by 48.66% to $25.4 million in 2024, then surged by 64.48% to $41.9 million in 2025, then slumped by 47.34% to $22.0 million in 2026.
  • The last three Operating Expenses figures came in at $22.0 million (Q2 2026), $18.6 million (Q1 2026), and $41.9 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Johnson & Johnson 643.50 Bn 622.74 Bn 17.26 Bn 10.12 Bn
2 AbbVie 440.29 Bn 433.72 Bn 12.70 Bn 10.56 Bn
3 Merck 364.93 Bn 357.79 Bn 12.21 Bn 12.80 Bn
4 Novartis Ag 266.65 Bn 258.96 Bn 11.24 Bn -6.09 Bn
5 Pfizer 158.92 Bn 147.22 Bn 10.94 Bn 6.68 Bn
6 Sanofi 52.46 Bn 45.08 Bn 10.79 Bn -5.98 Bn
7 Revolution Medicines 44.32 Bn 44.32 Bn - 505.13 Mn
8 Incyte 25.32 Bn 20.78 Bn 1.57 Bn 976.14 Mn
9 United Therapeutics 21.42 Bn 18.75 Bn 683.80 Mn 452.50 Mn
10 Aquestive Therapeutics 636.85 Mn 538.36 Mn 9.80 Mn 22.04 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 22.04 Mn
Mar 31, 2026 18.65 Mn
Dec 31, 2025 41.85 Mn
Sep 30, 2025 24.29 Mn
Jun 30, 2025 21.37 Mn
Mar 31, 2025 28.09 Mn
Dec 31, 2024 25.45 Mn
Sep 30, 2024 21.83 Mn
Jun 30, 2024 20.04 Mn
Mar 31, 2024 21.01 Mn
Dec 31, 2023 17.12 Mn
Sep 30, 2023 15.38 Mn
Jun 30, 2023 17.45 Mn
Mar 31, 2023 15.74 Mn
Dec 31, 2022 21.40 Mn
Sep 30, 2022 20.32 Mn
Jun 30, 2022 26.03 Mn
Mar 31, 2022 22.01 Mn
Dec 31, 2021 22.75 Mn
Sep 30, 2021 21.26 Mn