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Aquestive Therapeutics, Inc.

corporate_fare Company Profile

Aquestive Therapeutics, Inc.

AQST·NASDAQ·Life Sciences·CIK 0001398733

Aquestive is a pharmaceutical company focused on developing medicines using innovative science and delivery technologies. The company aims to provide alternatives to invasive standard-of-care therapies by delivering complex molecules through non-invasive administrations. Aquestive is advancing Anaphylm™, a late-stage non-device based epinephrine prodrug product candidate for severe allergic reactions, including anaphylaxis, and its AdrenaVerse™ epinephrine prodrug pipeline platform. Aquestive has four licensed commercialized products, which are marketed globally by its licensees. The company is the exclusive manufacturer of these licensed products. Aquestive also collaborates with other pharmaceutical companies, utilizing proprietary technologies such as PharmFilm®, and possesses drug development and commercialization capabilities. The company's production facilities are located in Portage, Indiana, while its corporate headquarters and primary research laboratory facilities are in Warren, New Jersey. Aquestive manufactures licensed products at its facilities and anticipates its current manufacturing capacity is sufficient for commercial quantities of its licensed products and proprietary product candidates in development. Its facilities have been inspected by the FDA, TGA, and DEA, and are subject to inspection by other health agencies, including ANVISA and EMA. Aquestive is a worldwide leader in oral film drug delivery and manufacturing, having historically supplied the substantial majority of the world's oral films for prescription pharmaceutical use and shipped over two billion doses globally. Its PharmFilm® technology uses proprietary polymer compositions as film formers for active pharmaceutical ingredients (APIs) and excipients.

Aquestive Therapeutics, Inc. (NASDAQ:AQST) is a publicly traded company in the Life Sciences sector. Wiseek has independently scored 18 items for AQST at importance 7 or higher on its 1–10 market-impact scale. Its most recent item scored 7 or higher is dated 2026-09-17, rated 8/10. Across its 18 most recent items scored 7 or higher, the top rating is 9/10, with 12 rated 8 or above. Recent SEC coverage for AQST spans 8-K, 10-Q, DEF 14A, 10-K.

Recent high-impact activity:

  • Aquestive Resubmits Anaphylm NDA to FDA, Paving Path to Approval
  • Aquestive Resubmits Anaphylm NDA to FDA with Improved Pouch-Opening Data
  • Aquestive Q2 Revenue Jumps 38% to $13.8M, Anaphylm NDA Resubmission on Track for Q3
  • Aquestive Q2 Revenue Jumps 38%, Anaphylm NDA Resubmission on Track for Q3
  • Anaphylm Study Success Clears Path for FDA Resubmission, Shares Jump 13%

Financial Snapshot

Fiscal year ended December 31, 2025
Revenue
$44.55M
Net Income
-$83.78M
Diluted EPS
-$0.78
Op. Cash Flow
-$52.43M
Free Cash Flow
-$52.99M
Gross Profit
$25.99M
Operating Income
-$71.05M
Cash & Equivalents
$121.17M
Debt / Equity
0.00×
Net Margin
-188.1%
Shares Outstanding
122.04M sh
Source: 10-K · filed 2026-03-04 · accession 0001398733-26-000018

Short Interest & Short Volume

11.81 days to cover

FINRA reported short interest of 27,161,738 shares in AQST as of the September 15, 2026 settlement, a 6.6% increase from the prior period — about 11.8 days to cover at its recent average daily volume. On October 2, 2026, 46.5% of AQST volume reported to FINRA trade-reporting facilities was marked short.

Short interest (bi-monthly positions)27,161,738 shares as of September 15, 2026
Change vs prior period▲ 6.6%
Days to cover11.81 at avg daily volume of 2,299,068
Daily short volume (FINRA facilities)46.5% of 1,144,704 shares on October 2, 2026
5-day average short volume43.1%

Daily short sale volume covers trades reported to FINRA trade-reporting facilities and is not the same as short interest (bi-monthly reported positions). Source: FINRA — FINRA is the owner and source of this short interest and short sale volume data; it may not be redistributed.

Dilution Risk

Low risk

Filing-implied dilution signals for AQST, detected from its recent SEC filings · based on capital-structure filings through 2026-07-09.

1 recent capital raise1 shelf registration

Warrant Share Registration · Financial Impact

⚠ A more recent filing has been published for this ticker since this signal was computed; it may not yet be reflected — see the filings below.

A filing-implied signal, not a realized share count. How Wiseek tracks dilution →

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$4.54 -0.01% today
52-week range · as of 2026-09-17 $2.93 – $7.55
Market cap
$571.08M
Volume
2.3M (0.9× avg)
3-mo avg 2.4M
Live data · 2026-10-05 02:49 UTC · Market closed

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feed AQST - Latest Insights

AQST
Sep 17, 2026, 7:02 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $4.90
Real-time Price: $4.54 info
Change: -$0.360 (-7%) info
Market Cap: $571.078M info
AQST
Sep 17, 2026, 7:00 AM EDT
Source: GlobeNewswire
Importance Score:
7
Price at Filing: $5.00
Real-time Price: $4.54 info
Change: -$0.460 (-9%) info
Market Cap: $571.078M info
AQST
Aug 11, 2026, 4:10 PM EDT
Filing Type: 10-Q
Importance Score:
7
Price at Filing: $4.35
Real-time Price: $4.54 info
Change: +$0.190 (+4%) info
Market Cap: $571.078M info
AQST
Aug 11, 2026, 4:06 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $4.22
Real-time Price: $4.54 info
Change: +$0.320 (+8%) info
Market Cap: $571.078M info
AQST
Aug 10, 2026, 2:06 PM EDT
Source: Benzinga
Importance Score:
8
Price at Filing: $4.46
Real-time Price: $4.54 info
Change: +$0.085 (+2%) info
Market Cap: $571.078M info
AQST
Aug 10, 2026, 7:05 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $4.01
Real-time Price: $4.54 info
Change: +$0.530 (+13%) info
Market Cap: $571.078M info
AQST
May 13, 2026, 4:08 PM EDT
Filing Type: 10-Q
Importance Score:
8
Price at Filing: $4.75
Real-time Price: $4.54 info
Change: -$0.210 (-4%) info
Market Cap: $571.078M info
AQST
May 13, 2026, 4:04 PM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $4.84
Real-time Price: $4.54 info
Change: -$0.295 (-6%) info
Market Cap: $571.078M info
AQST
May 13, 2026, 4:01 PM EDT
Source: Reuters
Importance Score:
8
Price at Filing: $4.32
Real-time Price: $4.54 info
Change: +$0.220 (+5%) info
Market Cap: $571.078M info
AQST
Apr 24, 2026, 5:00 PM EDT
Filing Type: DEF 14A
Importance Score:
7
Price at Filing: $4.06
Real-time Price: $4.54 info
Change: +$0.4788 (+12%) info
Market Cap: $571.078M info
AQST
Mar 30, 2026, 7:44 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $4.05
Real-time Price: $4.54 info
Change: +$0.490 (+12%) info
Market Cap: $571.078M info
AQST
Mar 20, 2026, 7:36 AM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $3.92
Real-time Price: $4.54 info
Change: +$0.620 (+16%) info
Market Cap: $571.078M info
AQST
Mar 05, 2026, 3:03 PM EST
Source: Wiseek News
Importance Score:
8
Price at Filing: $4.30
Real-time Price: $4.54 info
Change: +$0.245 (+6%) info
Market Cap: $571.078M info
AQST
Mar 04, 2026, 4:21 PM EST
Filing Type: 10-K
Importance Score:
9
Price at Filing: $4.15
Real-time Price: $4.54 info
Change: +$0.390 (+9%) info
Market Cap: $571.078M info
AQST
Mar 04, 2026, 4:10 PM EST
Filing Type: 8-K
Importance Score:
8
Price at Filing: $4.16
Real-time Price: $4.54 info
Change: +$0.380 (+9%) info
Market Cap: $571.078M info
AQST
Feb 26, 2026, 8:07 AM EST
Filing Type: 8-K
Importance Score:
7
Price at Filing: $4.14
Real-time Price: $4.54 info
Change: +$0.399 (+10%) info
Market Cap: $571.078M info
AQST
Feb 02, 2026, 7:03 AM EST
Filing Type: 8-K
Importance Score:
8
Price at Filing: $2.94
Real-time Price: $4.54 info
Change: +$1.60 (+54%) info
Market Cap: $571.078M info
AQST
Jan 09, 2026, 7:18 AM EST
Filing Type: 8-K
Importance Score:
8
Price at Filing: $3.46
Real-time Price: $4.54 info
Change: +$1.08 (+31%) info
Market Cap: $571.078M info
Research tools: Filing Impact Index Dilution Tracker Split Calendar Open Datasets