Aquestive Therapeutics, Inc.

AQST Healthcare Drug Manufacturers Specialty & Generic

Aquestive Therapeutics, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $44.5 million, down 22.6% from fiscal 2024. In the quarter to June 2026, revenue grew 38.2%, EPS fell 28.6%, free cash flow fell 20.4% and total debt rose 59.1%, each against the same quarter a year earlier.

3.78 0.28 −6.90%
Market cap
$509.6M
P/E
0.0×
Fwd P/E
−9.7×
Dividend yield
—
F-score
2/9
Altman Z
−2.19
Beneish M
−1.91
Dividend safety
n/a

Aquestive Therapeutics, Inc. (AQST) EV/Sales

Alert me on EV/Sales

As of 16 October 2026, Aquestive Therapeutics, Inc. (AQST) trades at a EV/Sales of 7.9×. Over the past ten years it has ranged from 0.9× (March 2023) to 16.8× (October 2025); the current reading is higher than 87% of that period. That is above the Drug Manufacturers Specialty & Generic industry median of 2.7× and above the Healthcare sector median of 3.4×.

EV/Sales, daily

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Annual newest first

Period EV/Sales Change
FY2025 13.4× 186.09%
FY2024 4.7× 86.97%
FY2023 2.5× 138.80%
FY2022 1.0× (68.92%)
FY2021 3.4× (15.19%)
FY2020 4.0× 32.09%
FY2019 3.0× 80.55%
FY2018 1.7× (63.15%)
FY2017 4.5× 0.00%
FY2016 4.5× —

Quarterly newest first

Period EV/Sales Change
Jun 2026 8.7× 3.69%
Mar 2026 8.4× (37.20%)
Dec 2025 13.4× 12.07%
Sep 2025 12.0× 75.90%
32 more quarters

Against its own ten years

Low 0.9× High 16.8×
Ten-year median 3.4×
Current reading's percentile 87

EV/Sales against peers

Company EV/Sales
TLRY Tilray Brands, Inc. compare 0.6×
EVO Evotec AG compare 0.6×
EBS Emergent Biosolutions Inc. compare 1.0×
KMDA Kamada Ltd. compare 2.1×
EOLS Evolus, Inc. compare 2.1×
COLL Collegium Pharmaceutical, Inc. compare 2.1×
IRWD Ironwood Pharmaceuticals, Inc. compare 2.8×
AQST Aquestive Therapeutics, Inc. 7.9×
TKNO Alpha Teknova, Inc. compare 8.7×
Drug Manufacturers Specialty & Generic industry median 2.7×
Healthcare sector median 3.4×
Market median 2.1×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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