Ascent Solar Technologies (ASTI) Gross Margin (2014 - 2026)
Ascent Solar Technologies' (ASTI) quarterly Gross Margin came in at 68.9% in Q2 2026, down 23.0% year-over-year from 89.48% in Q2 2025, and down 90.43% quarter-over-quarter from 36.18% in Q1 2026.
Analysis
Ascent Solar Technologies (ASTI) Gross Margin (2014 - 2026) Analysis & Trends
Ascent Solar Technologies has disclosed Gross Margin across 13 years of filings, most recently posting 68.9% for Q2 2026.
- In Q2 2026, Gross Margin fell 23.0% year-over-year to 68.9%; the TTM figure through Jun 2026 stood at 96.06% (up 12042.0% YoY), while the FY2025 annual figure was 155.73%, up 9845.0% from the prior year.
- Gross Margin came in at 68.9% for Q2 2026 at Ascent Solar Technologies, down from 36.18% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 9.5% in Q2 2022 to a low of 6359.95% in Q3 2022.
- Average Gross Margin over 5 years is 900.52%, with a median of 201.26% recorded in 2023.
- Year-over-year, Gross Margin sank 246004 bps in 2022 and surged 615869 bps in 2023.
- Over 5 years, Gross Margin stood at 3784.02% in 2022, then jumped by 35 bps to 2472.84% in 2023, then surged by 68 bps to 798.2% in 2024, then jumped by 69 bps to 249.24% in 2025, then jumped by 72 bps to 68.9% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 68.9% in Q2 2026, 36.18% in Q1 2026, and 249.24% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.26 Bn | 20.53 Bn | 605.00 Mn | 57.28% |
| 2 | Nextpower | 12.25 Bn | 11.04 Bn | 335.85 Mn | 35.91% |
| 3 | Enphase Energy | 4.86 Bn | 3.93 Bn | 175.01 Mn | 59.97% |
| 4 | Solaredge Technologies | 2.25 Bn | 1.67 Bn | 95.15 Mn | 27.48% |
| 5 | T1 Energy | 1.29 Bn | 1.08 Bn | 49.10 Mn | 19.63% |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 30.31% |
| 7 | Canadian Solar | 877.81 Mn | -588.69 Mn | 168.48 Mn | 13.95% |
| 8 | Array Technologies | 700.09 Mn | 392.79 Mn | 99.60 Mn | 29.12% |
| 9 | JinkoSolar Holding | 608.82 Mn | -2.07 Bn | 75.62 Mn | 4.15% |
| 10 | Ascent Solar Technologies | 27.13 Mn | 27.13 Mn | -65,592.00 | -68.90% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -68.90% |
| Mar 31, 2026 | -36.18% |
| Dec 31, 2025 | -249.24% |
| Sep 30, 2025 | -211.71% |
| Jun 30, 2025 | -68.67% |
| Mar 31, 2025 | -54.35% |
| Sep 30, 2024 | -798.20% |
| Jun 30, 2024 | -121.76% |
| Mar 31, 2024 | -67.64% |
| Dec 31, 2023 | -2,472.84% |
| Sep 30, 2023 | -201.26% |
| Jun 30, 2023 | -557.71% |
| Mar 31, 2023 | -271.74% |
| Dec 31, 2022 | -3,784.02% |
| Sep 30, 2022 | -6,359.95% |
| Jun 30, 2022 | 9.50% |
| Mar 31, 2022 | 5.88% |
| Dec 31, 2021 | -1,323.98% |
| Sep 30, 2021 | -5,767.82% |
| Jun 30, 2021 | -11.40% |