Ascent Solar Technologies (ASTI) Gross Margin (2011 - 2026)
Ascent Solar Technologies (ASTI) reported Gross Margin of -24.51% for Q3 2026, up 187.20 percentage points from -211.71% a year earlier and up 44.38 percentage points from the prior quarter.
Ascent Solar Technologies (ASTI) Gross Margin (2011 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Ascent Solar Technologies' Gross Margin came in at -49.19%, up 83.71 percentage points year-over-year; for FY2025, it came in at -155.73%, up 98.45 percentage points from FY2024.
- Gross Margin has a five-year change of +6.36 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at -254.18% in FY2024 (+58.76 pp), -312.94% in FY2023 (-248.44 pp), -64.50% in FY2022 (+148.51 pp) and -213.01% in FY2021 (-50.92 pp).
- The Q3 2026 figure ranks as the highest quarterly Gross Margin since Q2 2022.
- Year over year, Gross Margin gained in five of the last six quarters, with an average year-over-year change of +143.00 percentage points.
- The high point for year-over-year Gross Margin in five years was Q3 2023 (a gain of 6158.69 percentage points); the low point was Q4 2022 (a drop of 2460.04 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at -68.90% (Q2 2026), -36.18% (Q1 2026) and -249.24% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn | 24.58% |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn | 33.75% |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn | 57.93% |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn | 31.13% |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn | 23.84% |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn | 39.86% |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn | 31.48% |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn | 29.93% |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn | 47.34% |
| 10 | Ascent Solar Technologies | 12.57 Mn | -33.82 Mn | -42,992.00 | -24.51% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -24.51% |
| 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% |
Ascent Solar Technologies Gross 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=gross-margin&ticker=ASTI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "ASTI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=ASTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();