The Tip Desk

Aquestive Therapeutics, Inc.

Company Stats

Market Cap
$581.1M
as of Sep 30, 2026
Shares Outstanding
125.5M
Free Float
91.7%

Income Statement

Revenue
$44.5M
Operating Income
-$71.1M
Net Income
-$83.8M
EBITDA
-$70.5M
Revenue Growth, 3Y
-2.2%
FCF Margin, 3Y Avg
-65.3%
FCF Margin, Worst Year
-119.0%

Cash Flow

Free Cash Flow
-$53.0M
FCF Yield
-9.1%
Owner FCF Yield
-10.4%

Returns & Capital

SBC, 3Y Avg
$5.8M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$44.5M-$53.0M-119.0%
FY2024$57.6M-$35.9M-62.4%
FY2023$50.6M-$7.4M-14.6%
FY2022$47.7M-$10.8M-22.7%
FY2021$50.8M-$33.9M-66.7%

Annual filing data through FY ended December 31, 2025; shares and float as of October 28, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage