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Ascent Solar Technologies (ASTI) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 8, 2026

Ascent Solar Technologies (ASTI) reported revenue of $52K for the first quarter 2026 (Q1 2026), +232% from a year earlier and +232% from the quarter before.

Revenue$52K
Year over year+232%
Quarter over quarter+232%
Operating margin—
Net earnings−$2.2M

Ascent Solar Technologies, Q1 2026: revenue $52K (+232% year over year), net loss $2.2M, operating cash flow −$2.0M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$52K+232%+232%
Operating profit−$2.3M——
Net earnings−$2.2M——
Operating cash flow−$2.0M——

What changed

Revenue was $52K in Q1 2026, up 232% year over year and up 232% from the previous quarter. Product was the largest line at 56% of revenue. Product added $13K year over year (up 85%), 37% of the total change.

Operating costs exceeded revenue by $2.3M, an operating margin of -4355.6%. Total costs grew 31% against revenue growth of 232%. The fastest-growing cost line was Cost of revenue (+193%). The quarter ended with a net loss of $2.2M, wider than the previous quarter's $2.1M loss.

Operating cash flow was −$2.0M. Non-cash charges added back $21K of depreciation and amortization and $87K of share-based compensation.

Questions

What was Ascent Solar Technologies' revenue in the first quarter 2026?

Ascent Solar Technologies (ASTI) reported revenue of $52K for the first quarter 2026 (Q1 2026), +232% from a year earlier and +232% from the quarter before.

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Source: Ascent Solar Technologies 10-Q on SEC EDGAR.