Aquestive Therapeutics Operating Expenses Growth & History (AQST)
Aquestive Therapeutics's operating expenses was $115.6M for fiscal 2025.
View full Aquestive Therapeutics company overviewAquestive Therapeutics annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $115.6M | $27.3M | +30.87% |
| 2024 | 2024-12-31 | $88.3M | $22.6M | +34.48% |
| 2023 | 2023-12-31 | $65.7M | −$24.1M | −26.81% |
| 2022 | 2022-12-31 | $89.7M | $4.2M | +4.95% |
| 2021 | 2021-12-31 | $85.5M | −$3.2M | −3.64% |
| 2020 | 2020-12-31 | $88.7M | −$16.5M | −15.71% |
| 2019 | 2019-12-31 | $105.3M | −$11.1M | −9.53% |
| 2018 | 2018-12-31 | $116.4M | $49.3M | +73.60% |
| 2017 | 2017-12-31 | $67.0M | — | — |
Aquestive Therapeutics quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $22.0M | $671,000 | +3.14% |
| Q1 2026 | 2026-03-31 | $18.6M | −$9.4M | −33.59% |
| Q4 2025 | 2025-12-31 | $41.9M | $16.4M | +64.48% |
| Q3 2025 | 2025-09-30 | $24.3M | $2.5M | +11.24% |
| Q2 2025 | 2025-06-30 | $21.4M | $1.3M | +6.62% |
| Q1 2025 | 2025-03-31 | $28.1M | $7.1M | +33.67% |
| Q4 2024 | 2024-12-31 | $25.4M | $8.3M | +48.66% |
| Q3 2024 | 2024-09-30 | $21.8M | $6.5M | +41.96% |
| Q2 2024 | 2024-06-30 | $20.0M | $2.6M | +14.87% |
| Q1 2024 | 2024-03-31 | $21.0M | $5.3M | +33.49% |
| Q4 2023 | 2023-12-31 | $17.1M | −$4.3M | −20.00% |
| Q3 2023 | 2023-09-30 | $15.4M | −$4.9M | −24.30% |
| Q2 2023 | 2023-06-30 | $17.4M | −$8.6M | −32.95% |
| Q1 2023 | 2023-03-31 | $15.7M | −$6.3M | −28.49% |
| Q4 2022 | 2022-12-31 | $21.4M | −$1.4M | −5.94% |
| Q3 2022 | 2022-09-30 | $20.3M | −$939,000 | −4.42% |
| Q2 2022 | 2022-06-30 | $26.0M | $4.2M | +19.05% |
| Q1 2022 | 2022-03-31 | $22.0M | $2.4M | +12.02% |
| Q4 2021 | 2021-12-31 | $22.7M | −$48,000 | −0.21% |
| Q3 2021 | 2021-09-30 | $21.3M | −$786,000 | −3.57% |
| Q2 2021 | 2021-06-30 | $21.9M | $582,000 | +2.73% |
| Q1 2021 | 2021-03-31 | $19.6M | −$3.0M | −13.17% |
| Q4 2020 | 2020-12-31 | $22.8M | −$3.5M | −13.40% |
| Q3 2020 | 2020-09-30 | $22.0M | −$1.4M | −5.89% |
| Q2 2020 | 2020-06-30 | $21.3M | −$8.5M | −28.63% |
| Q1 2020 | 2020-03-31 | $22.6M | −$3.1M | −12.02% |
| Q4 2019 | 2019-12-31 | $26.3M | −$2.9M | −9.77% |
| Q3 2019 | 2019-09-30 | $23.4M | $949,000 | +4.22% |
| Q2 2019 | 2019-06-30 | $29.8M | −$16.8M | −36.03% |
| Q1 2019 | 2019-03-31 | $25.7M | $7.6M | +42.04% |
| Q4 2018 | 2018-12-31 | $29.2M | $9.7M | +49.99% |
| Q3 2018 | 2018-09-30 | $22.5M | $5.7M | +34.36% |
| Q2 2018 | 2018-06-30 | $46.6M | $31.4M | +206.65% |
| Q1 2018 | 2018-03-31 | $18.1M | $2.5M | +15.66% |
| Q4 2017 | 2017-12-31 | $19.4M | — | — |
| Q3 2017 | 2017-09-30 | $16.7M | — | — |
| Q2 2017 | 2017-06-30 | $15.2M | — | — |
| Q1 2017 | 2017-03-31 | $15.7M | — | — |
Aquestive Therapeutics operating expenses trends
Over the last five fiscal years, Aquestive Therapeutics's operating expenses increased from $88.7M to $115.6M, a change of $26.9M. The latest reported quarter, Q2 2026, shows $22.0M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Aquestive Therapeutics source filings ↗