Aquestive Therapeutics (AQST) Operating Margin (2017 - 2026)
Aquestive Therapeutics' Operating Margin was -191.46% in Q3 2026, down 101.83 percentage points from -89.63% a year earlier and down 131.96 percentage points from the prior quarter.
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Analysis
Aquestive Therapeutics (AQST) Operating Margin (2017 - 2026) Analysis & Trends
On a trailing twelve-month basis, Aquestive Therapeutics' Operating Margin was -114.12% through Sep 30, 2026, up 14.44 percentage points year-over-year; for FY2025, it was -159.50%, down 106.05 percentage points from FY2024.
- Operating Margin shows a five-year change of -65.95 percentage points (FY2020 to FY2025).
- In earlier years, Operating Margin was -53.46% in FY2024 (-23.60 pp), -29.86% in FY2023 (+58.37 pp), -88.23% in FY2022 (-20.00 pp) and -68.22% in FY2021 (+25.33 pp).
- Quarterly Operating Margin has moved between -222.08% (Q1 2025) and 0.27% (Q2 2024) over five years.
- Compared with a year earlier, Operating Margin was higher in two of the last eight quarters, with an average year-over-year change of -42.10 percentage points.
- The best year-over-year quarter for Operating Margin over five years was Q1 2026 (a gain of 192.97 percentage points); the worst was Q1 2025 (a drop of 147.76 percentage points).
- Per Business Quant data, AQST's Operating Margin in the three quarters before Q3 2026 was -59.51% (Q2 2026), -29.10% (Q1 2026) and -221.58% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,264.65 Bn | 1,238.27 Bn | 20.46 Bn | 52.42% |
| 2 | Johnson & Johnson | 677.74 Bn | 597.60 Bn | 17.30 Bn | 24.35% |
| 3 | AbbVie | 517.10 Bn | 485.11 Bn | 13.12 Bn | 36.01% |
| 4 | Merck | 362.23 Bn | 325.17 Bn | 13.19 Bn | 30.89% |
| 5 | Novartis Ag | 315.90 Bn | 276.16 Bn | 11.24 Bn | 32.97% |
| 6 | Astrazeneca | 289.40 Bn | 266.24 Bn | 12.86 Bn | 20.57% |
| 7 | Amgen | 249.90 Bn | 201.56 Bn | 7.58 Bn | 35.79% |
| 8 | Gilead Sciences | 209.15 Bn | 184.26 Bn | 6.73 Bn | 41.71% |
| 9 | Pfizer | 165.88 Bn | 113.23 Bn | 12.56 Bn | 32.98% |
| 10 | Aquestive Therapeutics | 445.70 Mn | 24.96 Mn | 3.95 Mn | -191.46% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -191.46% |
| Jun 30, 2026 | -59.51% |
| Mar 31, 2026 | -29.10% |
| Dec 31, 2025 | -221.58% |
| Sep 30, 2025 | -89.63% |
| Jun 30, 2025 | -113.65% |
| Mar 31, 2025 | -222.08% |
| Dec 31, 2024 | -114.43% |
| Sep 30, 2024 | -61.22% |
| Jun 30, 2024 | 0.27% |
| Mar 31, 2024 | -74.31% |
| Dec 31, 2023 | -29.62% |
| Sep 30, 2023 | -18.28% |
| Jun 30, 2023 | -31.79% |
| Mar 31, 2023 | -41.36% |
| Dec 31, 2022 | -100.29% |
| Sep 30, 2022 | -77.23% |
| Jun 30, 2022 | -96.21% |
| Mar 31, 2022 | -79.36% |
| Dec 31, 2021 | -105.33% |
API Access
Aquestive Therapeutics Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=AQST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "AQST", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=AQST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();