AquaBounty Technologies, Inc. (AQB) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 12, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 6, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the AQB SEC filings page.
This page shows AquaBounty Technologies, Inc. (AQB) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 11 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
A shrinking asset base and negative equity now define a capital-constrained business rather than a revenue-scaled operator.
From FY2023 to FY2025, total assets fell from$187.6M to$10.3M , a contraction that changes the balance-sheet context for the company’s losses. Negative equity of-$1.9M makes the latest debt-to-equity ratio of -1.8x mathematically distorted: it reflects an eroded denominator, not minimal leverage.
FY2023 operating cash flow was
FY2025 net loss was
Financial Health Signals
AquaBounty Technologies, Inc. does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
AquaBounty Technologies, Inc. passes 3 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass.
AquaBounty Technologies, Inc. reported a net loss of $18.5M while operations used $8.7M of cash. With neither figure positive, the ratio between the two carries no quality signal.
AquaBounty Technologies, Inc. reported an operating loss of $4.0M against $206K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
AquaBounty Technologies, Inc. reported -$1.6M in net income in Q2 2026. This represents an increase of 51.6% from the same quarter a year earlier. Against the prior quarter it is down 35.9%.
AquaBounty Technologies, Inc. earned -$0.32 per diluted share (EPS) in Q2 2026. This represents an increase of 63.2% from the same quarter a year earlier. Against the prior quarter it is down 23.1%.
Not reported for Q2 2026.
Not reported for Q2 2026.
Cash & Balance Sheet
AquaBounty Technologies, Inc. held $1.9M in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
Not reported for Q2 2026.
Margins & Returns
AquaBounty Technologies, Inc.'s ROE was -58.0% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 33.2 percentage points from the same quarter a year earlier.
Not reported for Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Capital Allocation
None of these metrics is reported for Q2 2026.
AQB Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $48K-93.5% |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $425K-89.6% |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | -$377K+88.8% |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $70K-61.8% |
| SG&A Expenses | $799K-33.2% | $622K-46.4% | N/A | $1.4M-6.0% | $1.2M-61.9% | $1.2M-51.5% | N/A | $1.5M-35.7% |
| Operating Income | -$799K+33.2% | -$622K+46.7% | N/A | -$1.5M+8.4% | -$1.2M+96.0% | -$1.2M+53.9% | N/A | -$1.6M+73.4% |
| EBITDA | N/A | N/A | N/A | -$1.5M-0.7% | -$1.2M+95.9% | -$1.2M+40.3% | N/A | -$1.5M+73.4% |
| Interest Expense | $529K | $300K | N/A | N/A | $0-100.0% | $0-100.0% | N/A | $1.0M+1475.2% |
| Income Tax | N/A | $0 | N/A | N/A | N/A | $0 | N/A | N/A |
| Net Income | -$1.6M+51.6% | -$1.2M-399.2% | N/A | -$1.4M+59.4% | -$3.4M+93.3% | $401K+103.6% | N/A | -$3.4M+44.5% |
| EPS (Basic) | -$0.32+63.2% | -$0.26-336.4% | -$3.65+83.2% | -$0.36+59.1% | -$0.87+93.3% | $0.11+103.8% | -$21.78-894.5% | -$0.88+45.0% |
| EPS (Diluted) | -$0.32+63.2% | -$0.26-336.4% | -$3.65+83.2% | -$0.36+59.1% | -$0.87+93.3% | $0.11+103.8% | -$21.78-894.5% | -$0.88+45.0% |
| Diluted Shares (Avg) | 5M+32.9% | 5M+18.0% | N/A | 4M+0.3% | 4M+0.3% | 4M+0.5% | N/A | 4M+0.5% |
AQB Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $11.7M-56.1% | $10.2M-65.2% | $10.3M-69.6% | $24.2M-79.5% | $26.7M-79.1% | $29.4M-83.3% | $34.1M-81.8% | $117.8M-38.8% |
| Current Assets | $11.7M+196.6% | $10.2M+52.2% | $10.3M-9.0% | $1.5M-96.0% | $3.9M-89.3% | $6.7M+55.3% | $11.3M-63.4% | $37.3M+66.5% |
| Cash & Equivalents | $1.9M+159.0% | $441K-67.7% | $501K+117.6% | $951K+90.1% | $730K+0.2% | $1.4M-47.3% | $230K-97.2% | $500K-97.0% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $466K-76.0% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $8.9M-31.8% | $12.4M-0.7% | $12.2M-32.9% | $11.9M-32.6% | $13.0M-45.9% | $12.5M-44.2% | $18.2M-19.1% | $17.7M-8.5% |
| Current Liabilities | $2.7M-78.9% | $8.6M-31.0% | $8.7M-46.0% | $11.9M-3.6% | $13.0M-30.3% | $12.4M-25.9% | $16.2M+9.7% | $12.4M+8.8% |
| Non-Current Liabilities | $6.1M+78510.6% | $3.8M+24359.8% | $3.5M+72.6% | $0-100.0% | $8K-99.9% | $15K-99.7% | $2.0M-74.0% | $5.3M-33.2% |
| Long-Term Debt | N/A | $3.8M+246.5% | $3.5M+74.6% | $7.9M+49.3% | $8.5M+64.8% | $1.1M-79.4% | $2.0M-55.6% | $5.3M-31.8% |
| Total Equity | $2.8M-79.3% | -$2.1M-112.5% | -$1.9M-111.9% | $12.2M-87.8% | $13.6M-86.8% | $17.0M-89.0% | $15.8M-90.4% | $100.1M-42.2% |
| Retained Earnings | -$391.1M-4.9% | -$389.5M-5.4% | -$388.3M-5.0% | -$374.1M-31.0% | -$372.7M-32.1% | -$369.4M-59.4% | -$369.8M-67.6% | -$285.7M-34.6% |
Not reported in any period shown, so not listed: Accounts Receivable, Goodwill.
AQB Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$1.3M+14.4% | -$1.0M+56.8% | -$3.2M-185.2% | -$1.7M+58.8% | -$1.5M+64.2% | -$2.4M+46.5% | -$1.1M+80.7% | -$4.0M+35.5% |
| Depreciation & Amortization | N/A | N/A | N/A | $0-100.0% | $0-100.0% | $0-100.0% | $36K-93.5% | $146K-73.0% |
| Stock-Based Compensation | N/A | $5K-87.5% | N/A | N/A | N/A | $40K-61.8% | N/A | N/A |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | $256K-90.3% | $674K-96.6% |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | -$1.4M+83.7% | -$4.7M+81.9% |
| Investing Cash Flow | N/A | N/A | $24K-96.7% | $2.5M-71.5% | $912K+225.8% | $3.7M+430.5% | $725K+127.5% | $8.7M+144.2% |
| Financing Cash Flow | $2.8M | $960K+513.3% | $2.7M+2073.9% | -$600K+87.8% | $0-100.0% | -$232K-248.0% | $124K+177.5% | -$4.9M-2593.1% |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
AQB Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | -789.0% |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | -3380.5% |
| Net Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | -7120.2% |
| Return on Equity | -58.0%-33.2pp | N/A | N/A | -11.3%-7.9pp | -24.8%+24.1pp | 2.4%+9.6pp | N/A | -3.4%+0.1pp |
| Return on Assets | -13.9%-1.3pp | -11.7%-13.1pp | N/A | -5.7%-2.8pp | -12.7%+27.0pp | 1.4%+7.7pp | N/A | -2.9%+0.3pp |
| Current Ratio | 4.26+4.0x | 1.19+0.7x | 1.18+0.5x | 0.12-2.9x | 0.30-1.7x | 0.54+0.3x | 0.70-1.4x | 3.02+1.0x |
| Debt-to-Equity | 3.16+2.5x | N/A | N/A | 0.65+0.6x | 0.62+0.6x | 0.060.0x | 0.13+0.1x | 0.050.0x |
| Asset Turnover | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.000.0x |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | -9789.6% |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Gross Margin, Operating Margin, Net Margin, FCF Margin.
Note: Shareholder equity is negative (-$1.9M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| AquaBounty Technologies, Inc. AQB | FY2025 | N/A | -$18.5M | N/A | $6.3M | — |
| Edible Garden AG Incorporated EDBL | FY2025 | $12.8M | -$17.3M | N/A | $2.8M | 31/100 |
| SHINECO INC SISI | FY2024 | $9.8M | -$22.4M | N/A | $5.0M | — |
| AgriFORCE Growing Systems Ltd. AGRI | FY2025 | $2.3M | -$33.2M | N/A | $9.6M | 40/100 |
| Sadot Group Inc. SDOT | FY2025 | N/A | N/A | N/A | $18.4M | — |
| Local Bounti Corporation LOCL | FY2025 | $48.4M | -$94.4M | N/A | $27.8M | 34/100 |
Where AquaBounty Technologies, Inc. Ranks
Frequently Asked Questions
Is AquaBounty Technologies, Inc. profitable?
No, AquaBounty Technologies, Inc. (AQB) reported a net income of -$18.5M in fiscal year 2025.
How much debt does AquaBounty Technologies, Inc. have?
As of fiscal year 2025, AquaBounty Technologies, Inc. (AQB) had $501K in cash and equivalents against $3.5M in long-term debt.
What is AquaBounty Technologies, Inc.'s operating cash flow?
AquaBounty Technologies, Inc. (AQB) recorded an outflow of $8.7M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are AquaBounty Technologies, Inc.'s total assets?
AquaBounty Technologies, Inc. (AQB) had $10.3M in total assets as of fiscal year 2025, including both current and long-term assets.
What is AquaBounty Technologies, Inc.'s current ratio?
AquaBounty Technologies, Inc. (AQB) had a current ratio of 1.18 as of fiscal year 2025, which is considered adequate.
What is AquaBounty Technologies, Inc.'s return on assets (ROA)?
AquaBounty Technologies, Inc. (AQB) had a return on assets of -178.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is AquaBounty Technologies, Inc.'s P/E ratio?
AquaBounty Technologies, Inc. (AQB) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $6.3M as of Sep 12, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is AquaBounty Technologies, Inc.'s price-to-sales ratio?
AquaBounty Technologies, Inc. (AQB) has no price-to-sales ratio at the moment: no revenue reported. The market capitalization is $6.3M as of Sep 12, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does AquaBounty Technologies, Inc.'s liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, AquaBounty Technologies, Inc. (AQB) held $501K in cash, cash equivalents and investments, and reported an operating cash outflow of $8.7M over that year. Dividing the one by the other, the reported balance equals about 1 month of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
Why is AquaBounty Technologies, Inc.'s debt-to-equity ratio negative or not reported?
AquaBounty Technologies, Inc. (AQB) has negative shareholder equity of -$1.9M as of fiscal year 2025, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is AquaBounty Technologies, Inc.'s Piotroski F-Score?
AquaBounty Technologies, Inc. (AQB) has a Piotroski F-Score of 3 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are AquaBounty Technologies, Inc.'s earnings high quality?
AquaBounty Technologies, Inc. (AQB) reported a net loss of $18.5M while operations used $8.7M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can AquaBounty Technologies, Inc. cover its interest payments?
AquaBounty Technologies, Inc. (AQB) reported an operating loss of $4.0M against $206K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.