Ascent Solar Technologies, Inc. (ASTI) Financial Statements
Industry: Semiconductors & Related Devices
In fiscal 2025, Ascent Solar Technologies reported revenue of $76,773, up 83.3% from $41,893 the year before. Net income was -$7.8M (a -10202.5% net margin), or -$3.09 per diluted share. Gross margin was -10256.7% and operating margin was -10256.7%. Operating activities generated -$6.9M of cash, leaving -$6.9M of free cash flow. At fiscal year end, Ascent Solar Technologies held $6.3M in total assets against $3.0M in total liabilities, including $2.8M of cash and equivalents.
Open the full interactive Ascent Solar Technologies financials → Quarterly statements, key ratios, valuation history and price charts.
Ascent Solar Technologies Key Stats
| Share Price | $2.07 |
|---|---|
| Market Cap | $19.8M |
| Revenue YoY Growth | +83.3% |
| 52-Week Range | $1.43 – $9.02 |
| Shares Outstanding | 9.6 million (basic, 2026 Q2) |
Ascent Solar Technologies Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $66,613 | $607,783 | $1.2M | $458,260 | $41,893 | $76,773 |
| Cost of Goods Sold | $2.5M | $9.4M | $18.3M | $16.1M | $8.6M | $8.0M |
| Gross Profit | -$2.5M | -$8.8M | -$17.1M | -$15.6M | -$8.5M | -$7.9M |
| Operating Income | -$2.5M | -$8.8M | -$17.1M | -$15.6M | -$8.5M | -$7.9M |
| Pre-Tax Income | $1.6M | -$6.0M | -$19.8M | -$17.1M | -$9.1M | -$7.8M |
| Income Tax | — | — | — | — | — | $0 |
| Net Income | $1.6M | -$6.0M | -$19.8M | -$17.1M | -$9.1M | -$7.8M |
| Diluted EPS | $1.76 | -$30800.00 | -$13200.00 | -$3419.00 | -$10.38 | -$3.09 |
Ascent Solar Technologies Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $28,549 | $15,639 | $51,944 | $95,203 |
| Net Income | -$2.0M | -$2.1M | -$2.2M | -$1.8M |
| Diluted EPS | -$0.62 | -$0.81 | -$0.27 | -$0.19 |
Ascent Solar Technologies Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $167,725 | $6.0M | $11.5M | $1.0M | $3.2M | $2.8M |
| Current Assets | $779,270 | $6.9M | $12.4M | $1.5M | $3.7M | $3.4M |
| Total Assets | $7.4M | $12.8M | $18.7M | $6.3M | $7.1M | $6.3M |
| Current Liabilities | $9.2M | $3.1M | $5.0M | $5.8M | $2.3M | $2.2M |
| Total Long-Term Debt | $7.8M | $8.1M | $5.3M | — | $1.3M | — |
| Total Liabilities | $27.6M | $15.7M | $14.1M | $7.8M | $3.8M | $3.0M |
| Shareholders' Equity | -$20.2M | -$2.8M | $4.6M | -$1.5M | $3.4M | $3.3M |
Ascent Solar Technologies Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | -$2.9M | -$9.4M | -$10.5M | -$9.5M | -$8.4M | -$6.9M |
| Cash From Investing | $254,444 | -$301,522 | -$265,472 | -$3.9M | -$421 | -$107,015 |
| Cash From Financing | $2.8M | $15.5M | $16.3M | $3.0M | $10.5M | $6.6M |
| Free Cash Flow | -$2.9M | -$9.7M | -$10.7M | -$13.4M | -$8.4M | -$6.9M |
Figures from Ascent Solar Technologies' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Ascent Solar Technologies financials page for every line item.
Ascent Solar Technologies Company Profile
| Ticker | ASTI |
|---|---|
| Exchange | Nasdaq |
| Industry | Semiconductors & Related Devices |
| Headquarters | Thornton, Colorado |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0001350102 |
Frequently Asked Questions
What was Ascent Solar Technologies' revenue in fiscal 2025?
Ascent Solar Technologies (ASTI) reported revenue of $76,773 for fiscal 2025.
What is Ascent Solar Technologies' annual revenue history?
Ascent Solar Technologies' annual revenue by fiscal year: 2020: $66,613; 2021: $607,783; 2022: $1.2M; 2023: $458,260; 2024: $41,893; 2025: $76,773.
What was Ascent Solar Technologies' net income in fiscal 2025?
Ascent Solar Technologies reported net income of -$7.8M for fiscal 2025.
What was Ascent Solar Technologies' earnings per share (EPS) in fiscal 2025?
Ascent Solar Technologies' diluted EPS was -$3.09 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Ascent Solar Technologies generate in fiscal 2025?
Ascent Solar Technologies generated -$6.9M of free cash flow in fiscal 2025.
What was Ascent Solar Technologies' revenue last quarter?
In its most recent reported quarter (2026 Q2), Ascent Solar Technologies reported revenue of $95,203.
How many shares of Ascent Solar Technologies are outstanding?
Ascent Solar Technologies reported a weighted average of 9.6 million basic shares outstanding in 2026 Q2.
What is Ascent Solar Technologies' market cap?
Based on its latest closing price, Ascent Solar Technologies (ASTI) has a market capitalization of about $19.8M.
When does Ascent Solar Technologies' fiscal year end?
Ascent Solar Technologies' fiscal year end, as registered with the SEC, is December 31.
Where is Ascent Solar Technologies headquartered?
Ascent Solar Technologies lists its business address in Thornton, Colorado in its SEC filings.