Aquestive Therapeutics (AQST) Shares Outstanding (2018 - 2026)
Aquestive Therapeutics (AQST) reported Weighted Average Shares Outstanding of 125.55 million for Q3 2026, up 13.5% from 110.58 million a year earlier and up 0.4% from the prior quarter.
Aquestive Therapeutics (AQST) Shares Outstanding (2018 - 2026) Analysis & Trends
For FY2025, Aquestive Therapeutics posted Weighted Average Shares Outstanding of 106.93 million, up 23.3% from FY2024.
- Weighted Average Shares Outstanding has increased for seven consecutive years, with a five-year compound annual growth rate of 26.0% (FY2020 to FY2025).
- By year, Weighted Average Shares Outstanding came in at 86.73 million in FY2024 (+41.6%), 61.26 million in FY2023 (+25.7%), 48.73 million in FY2022 (+28.0%) and 38.08 million in FY2021 (+13.2%).
- The Q3 2026 figure ranks as the highest quarterly Weighted Average Shares Outstanding in data going back to Q1 2018.
- Year over year, Weighted Average Shares Outstanding has now increased in each of the last 31 quarters, with growth averaging 24.1% over the last eight quarters.
- The year-over-year growth in Weighted Average Shares Outstanding has ranged between 9.3% (Q2 2025) and 58.5% (Q2 2024) over the last five years.
- Per Business Quant data, the three quarters before Q3 2026 came in at 124.99 million (Q2 2026), 122.61 million (Q1 2026) and 106.93 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,348.13 Bn | 1,321.74 Bn | 20.46 Bn | 891.90 Mn |
| 2 | Johnson & Johnson | 675.90 Bn | 595.76 Bn | 17.30 Bn | 2.41 Bn |
| 3 | AbbVie | 519.45 Bn | 487.50 Bn | 13.12 Bn | 1.77 Bn |
| 4 | Merck | 364.95 Bn | 327.95 Bn | 13.19 Bn | 2.47 Bn |
| 5 | Novartis Ag | 311.58 Bn | 285.16 Bn | - | 1.94 Bn |
| 6 | Astrazeneca | 289.34 Bn | 262.94 Bn | 13.26 Bn | 1.55 Bn |
| 7 | Amgen | 251.64 Bn | 203.30 Bn | 7.58 Bn | 541.00 Mn |
| 8 | Gilead Sciences | 212.05 Bn | 187.07 Bn | 6.73 Bn | 1.24 Bn |
| 9 | Pfizer | 167.35 Bn | 115.00 Bn | 12.56 Bn | 5.70 Bn |
| 10 | Aquestive Therapeutics | 442.42 Mn | 21.68 Mn | 3.95 Mn | 125.55 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 125.55 Mn |
| Jun 30, 2026 | 124.99 Mn |
| Mar 31, 2026 | 122.61 Mn |
| Dec 31, 2025 | 106.93 Mn |
| Sep 30, 2025 | 110.58 Mn |
| Jun 30, 2025 | 99.33 Mn |
| Mar 31, 2025 | 95.50 Mn |
| Dec 31, 2024 | 86.73 Mn |
| Sep 30, 2024 | 91.08 Mn |
| Jun 30, 2024 | 90.91 Mn |
| Mar 31, 2024 | 73.61 Mn |
| Dec 31, 2023 | 61.26 Mn |
| Sep 30, 2023 | 64.68 Mn |
| Jun 30, 2023 | 57.35 Mn |
| Mar 31, 2023 | 55.63 Mn |
| Dec 31, 2022 | 48.73 Mn |
| Sep 30, 2022 | 53.42 Mn |
| Jun 30, 2022 | 45.46 Mn |
| Mar 31, 2022 | 41.47 Mn |
| Dec 31, 2021 | 38.08 Mn |
Aquestive Therapeutics Shares Outstanding 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=shares-outstanding&ticker=AQST&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=AQST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();