Ascent Solar Technologies (ASTI) Operating Income (2014 - 2026)
Ascent Solar Technologies' (ASTI) quarterly Operating Income came in at -$2.3 million in Q1 2026, down 29.55% year-on-year from -$3.2 million in Q1 2025, and down 9.23% quarter-over-quarter from -$2.1 million in Q4 2025.
Ascent Solar Technologies (ASTI) Operating Income (2014 - 2026) Analysis & Trends
Ascent Solar Technologies has disclosed Operating Income across 13 years of filings, most recently posting -$2.3 million for Q1 2026.
- Operating Income for Q1 2026 came in at -$2.3 million, down 29.55% year-over-year; the trailing twelve-month figure through Mar 2026 was -$8.4 million (down 7.46% YoY), and the FY2025 annual result was -$7.9 million, up 7.76% from the prior year.
- Operating Income came in at -$2.3 million for Q1 2026 at Ascent Solar Technologies, down from -$2.1 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of -$1.4 million in Q4 2024 to a low of -$7.7 million in Q3 2022.
- The 5-year median for Operating Income is -$2.3 million (2022), against an average of -$3.0 million.
- Across the five-year window, Operating Income slumped 187.57% in 2022 and jumped 71.6% in 2024, its largest moves.
- Ascent Solar Technologies' Operating Income stood at -$4.9 million in 2022, then dropped by 3.6% to -$5.1 million in 2023, then surged by 71.6% to -$1.4 million in 2024, then slumped by 43.32% to -$2.1 million in 2025, then retreated by 9.23% to -$2.3 million in 2026.
- The last three Operating Income figures came in at -$2.3 million (Q1 2026), -$2.1 million (Q4 2025), and -$2.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 345.30 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 153.59 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | -29.64 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | -55.04 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | -43.51 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 7.72 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 7.11 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | -85.26 Mn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | -2.41 Mn |
| 10 | Ascent Solar Technologies | 62.32 Mn | 62.32 Mn | -18,793.00 | -2.26 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.26 Mn |
| Dec 31, 2025 | -2.07 Mn |
| Sep 30, 2025 | -1.97 Mn |
| Jun 30, 2025 | -2.09 Mn |
| Mar 31, 2025 | -1.75 Mn |
| Dec 31, 2024 | -1.45 Mn |
| Sep 30, 2024 | -2.26 Mn |
| Jun 30, 2024 | -2.36 Mn |
| Mar 31, 2024 | -2.48 Mn |
| Dec 31, 2023 | -5.09 Mn |
| Sep 30, 2023 | -2.38 Mn |
| Jun 30, 2023 | -3.15 Mn |
| Mar 31, 2023 | -5.03 Mn |
| Dec 31, 2022 | -4.91 Mn |
| Sep 30, 2022 | -7.65 Mn |
| Jun 30, 2022 | -2.28 Mn |
| Mar 31, 2022 | -2.21 Mn |
| Dec 31, 2021 | -3.16 Mn |
| Sep 30, 2021 | -2.66 Mn |
| Jun 30, 2021 | -1.76 Mn |