earnings
confidence high
sentiment neutral
materiality 0.70
Aquestive Q3 net loss $15.4M; Anaphylm PDUFA Jan 31, 2026, launch prep ongoing
Aquestive Therapeutics, Inc.
2025-Q3 EPS
reported -$0.51
vs consensus -$0.14
▼ miss
(-277.2%)
- Total revenue $12.8M (+4% YoY excluding one-time 2024 deferred revenue); net loss $15.4M ($0.14/sh) vs $11.5M loss in Q3 2024.
- Cash $129.1M; full-year 2025 revenue guidance $44-50M, non-GAAP adjusted EBITDA loss $47-51M.
- Anaphylm NDA on track for Jan 31, 2026 PDUFA; FDA will not hold AdCom; US launch planned Q1 2026 if approved.
- Two new Anaphylm patents issued Oct 2025 extending protection to 2037; IND for AQST-108 topical epinephrine gel for alopecia areata on track for Q4 2025.
- Added clinical leadership for AdrenaVerse pipeline; supply chain largely unaffected by tariffs.