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Aquabounty Technologies Inc (AQB) stock

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NASDAQ: AQB Nasdaq Agricultural Products & Services

Aquabounty Technologies Inc is a US-listed company in the agricultural products & services industry. Its financial year ends in December.

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Funds11 adding, 8 cuttingOf 4 active managers that changed their stake, 2 added; quarter to June 30, 2026Fund buyers and sellers

The Fundamentalytics view

Current signal Revenue growth decelerating: TTM revenue growth slowed to -46.9% (-31.8pp vs the prior quarter), the 2nd consecutive quarterly slowdown.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Net cash. Cash exceeds long-term debt by $0.0bn.

Things to watch

  • Revenue shrinking. Revenue fell 46.9% over the last 12 months.
  • Growth slowing. The growth rate is 31.8 points lower than a quarter earlier.
  • Loss-making. Operating margin is -2254.6%: costs exceed revenue.
  • Margins narrowing. Operating margin is down 1195.2 points on a year ago.
  • Burning cash. Free cash flow was -1893.4% of revenue over the last 12 months.
  • Heavy stock-based pay. Stock pay equals 28.5% of revenue: a real cost that cash-flow figures leave out.

Latest results: FY2024 Q3

Filed November 5, 2024
Earnings per share
-$0.88 against an average estimate of -$0.88: beat by 0.0%
Revenue
$0m, down 93.5% on a year earlier
Share reaction
-10.8% in the first session after the results on October 28, 2025, against +0.3% for the S&P 500

Aquabounty Technologies' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+0.8%
  • 1 week+4.3%
  • 1 month+29.7%
  • This year+29.0%
  • 1 year-7.7%
  • 5 years-98.6%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

EPS (TTM, diluted)
$-4.20

Growth

Share count change
+12.9%

Earnings

Last results
October 28, 2025

News & updates

Updated November 3, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Agreement
  2. Announcement
  3. Agreement
  4. Announcement
  5. Announcement

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Aquabounty Technologies Inc valuation models and calculator

No model value for Aquabounty Technologies Inc at the moment. Current status: data-quality checks not passed. Available reported financials are shown below.

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: data-quality checks not passed.

Moat

12 /100

Weak moat

How hard Aquabounty Technologies's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 0 / 20

    Net income has been a median -33.2% of total assets over 10 years.

  • Durability 10 / 20

    Operating margin has been a median -5518.2%; its worst year was -18022.7%.

  • Cash conversion 0 / 20

    Free cash flow was positive in 0 of 8 years, at a median -6783.5% of revenue.

  • Discipline 0 / 20

    The diluted share count rose 240.7% over five years; stock-based pay has been a median 151.0% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

No analyst estimates are published for Aquabounty Technologies Inc: too few analysts cover it.

Earnings against estimates

Quarter toEstimateActualSurprise
Sept 2024 −$0.88 −$0.88 0.0%
Jun 2024 −$1.37 −$1.57 −14.3%
Mar 2024 −$1.52 −$1.79 −17.6%
Dec 2023 −$1.53 −$2.19 −43.1%

Adjusted EPS as companies report it, against the average analyst estimate.

Positioning

Short interest
3.6%
of tradable shares
Days to cover
2.02
at average volume
Short interest, 1 month
+39%
to October 15, 2026
Held by institutions
4%
of shares
Held by insiders
0.2%
of shares
Employees
3
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 3 years −59.3%

$2.95 on November 3, 2023 to $1.20

ThenNowEffect
Revenue (last 12 months) $2m $1m −45.1%
P/S multiple 4.9x 4.2x −14.2%
Share count 4m 4m −13.7%

Biggest factor: revenue. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
AQB−76%−64%−81%−78%+49%+29%
Industry peers (median)+4%−25%−15%+1%−13%−9%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
AQB8%33%25%17%42%64%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
AQB−83%−74%−93%−82%−72%−42%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since January 11, 2017: 100% from January 11, 2017 to December 20, 2024. Getting back needed a 101007% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$0.78 – $1.50
From 52-week high
−20.0%
vs 50-day average
+9.6%
vs 200-day average
+18.4%
Volatility (1 year)
81%
Beta vs S&P 500
0.69

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
0 up, 12 down
typical move ±8.1%
After a week
2 up, 10 down
typical move ±15.5%
After a month
2 up, 10 down
typical move ±29.9%
Results releasedNext dayS&P 500 next day5 days21 days
October 28, 2025 −10.8% +0.3% −28.4% −35.4%
August 5, 2025 −1.9% +0.3% +1.2% +75.1%
May 15, 2025 −1.1% +1.1% +7.1% −0.6%
March 27, 2025 −31.4% −2.3% −35.1% −36.6%
November 5, 2024 −3.5% +3.7% −7.9% −21.1%
August 6, 2024 −19.3% +0.2% −22.3% −39.2%
May 15, 2024 −2.1% +1.0% −6.2% −14.1%
April 1, 2024 −1.5% −0.8% −5.0% −5.0%
November 7, 2023 0.0% +0.4% −20.6% +41.6%
August 1, 2023 −17.1% −1.7% −26.4% −29.2%
May 4, 2023 −1.3% +1.1% −3.8% −35.1%
March 7, 2023 −7.0% −1.4% −22.6% −25.3%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Fundamentals

Revenue (TTM) Aquabounty Technologies Inc
$1M $1.5M $2M $2.5M $3M $3.5M FY21 Q4 FY22 Q3 FY23 Q2 FY24 Q3 Revenue (TTM), FY21 Q4: $1.2M Revenue (TTM), FY22 Q1: $2.1M Revenue (TTM), FY22 Q2: $2.9M Revenue (TTM), FY22 Q3: $3.1M Revenue (TTM), FY22 Q4: $3.1M Revenue (TTM), FY23 Q1: $2.6M Revenue (TTM), FY23 Q2: $2.3M Revenue (TTM), FY23 Q3: $2.4M Revenue (TTM), FY23 Q4: $2.5M Revenue (TTM), FY24 Q1: $2.6M Revenue (TTM), FY24 Q2: $1.9M Revenue (TTM), FY24 Q3: $1.3M $1.3M

Source: SEC EDGAR filings. Retrieved November 1, 2026.

View chart data
Period Revenue (TTM)
FY21 Q4 $1.2M
FY22 Q1 $2.1M
FY22 Q2 $2.9M
FY22 Q3 $3.1M
FY22 Q4 $3.1M
FY23 Q1 $2.6M
FY23 Q2 $2.3M
FY23 Q3 $2.4M
FY23 Q4 $2.5M
FY24 Q1 $2.6M
FY24 Q2 $1.9M
FY24 Q3 $1.3M
Revenue growth, TTM YoY Aquabounty Technologies Inc
-500% 0% 500% 1000% FY21 Q4 FY22 Q3 FY23 Q2 FY24 Q3 Revenue growth, TTM YoY, FY21 Q4: 820.3% Revenue growth, TTM YoY, FY22 Q1: 956.6% Revenue growth, TTM YoY, FY22 Q2: 592.3% Revenue growth, TTM YoY, FY22 Q3: 284.4% Revenue growth, TTM YoY, FY22 Q4: 167.0% Revenue growth, TTM YoY, FY23 Q1: 24.6% Revenue growth, TTM YoY, FY23 Q2: -21.2% Revenue growth, TTM YoY, FY23 Q3: -23.6% Revenue growth, TTM YoY, FY23 Q4: -21.2% Revenue growth, TTM YoY, FY24 Q1: -0.8% Revenue growth, TTM YoY, FY24 Q2: -15.1% Revenue growth, TTM YoY, FY24 Q3: -46.9% -46.9%

Source: SEC EDGAR filings. Retrieved November 1, 2026.

View chart data
Period Revenue growth, TTM YoY
FY21 Q4 820.3%
FY22 Q1 956.6%
FY22 Q2 592.3%
FY22 Q3 284.4%
FY22 Q4 167.0%
FY23 Q1 24.6%
FY23 Q2 -21.2%
FY23 Q3 -23.6%
FY23 Q4 -21.2%
FY24 Q1 -0.8%
FY24 Q2 -15.1%
FY24 Q3 -46.9%
Operating margin (TTM) Aquabounty Technologies Inc
-3000% -2000% -1000% 0% FY21 Q4 FY22 Q3 FY23 Q2 FY24 Q3 Operating margin (TTM), FY21 Q4: -1883.0% Operating margin (TTM), FY22 Q1: -1121.5% Operating margin (TTM), FY22 Q2: -809.9% Operating margin (TTM), FY22 Q3: -717.0% Operating margin (TTM), FY22 Q4: -711.6% Operating margin (TTM), FY23 Q1: -921.6% Operating margin (TTM), FY23 Q2: -1072.8% Operating margin (TTM), FY23 Q3: -1059.4% Operating margin (TTM), FY23 Q4: -552.9% Operating margin (TTM), FY24 Q1: -380.7% Operating margin (TTM), FY24 Q2: -1689.1% Operating margin (TTM), FY24 Q3: -2254.6% -2254.6%

Source: SEC EDGAR filings. Retrieved November 1, 2026.

View chart data
Period Operating margin (TTM)
FY21 Q4 -1883.0%
FY22 Q1 -1121.5%
FY22 Q2 -809.9%
FY22 Q3 -717.0%
FY22 Q4 -711.6%
FY23 Q1 -921.6%
FY23 Q2 -1072.8%
FY23 Q3 -1059.4%
FY23 Q4 -552.9%
FY24 Q1 -380.7%
FY24 Q2 -1689.1%
FY24 Q3 -2254.6%
FCF margin (TTM) Aquabounty Technologies Inc
-6000% -4000% -2000% 0% FY21 Q4 FY22 Q3 FY23 Q2 FY24 Q3 FCF margin (TTM), FY21 Q4: -2228.9% FCF margin (TTM), FY22 Q1: -1529.0% FCF margin (TTM), FY22 Q2: -1893.5% FCF margin (TTM), FY22 Q3: -2247.3% FCF margin (TTM), FY22 Q4: -2820.7% FCF margin (TTM), FY23 Q1: -4139.6% FCF margin (TTM), FY23 Q2: -4609.5% FCF margin (TTM), FY23 Q3: -4656.2% FCF margin (TTM), FY23 Q4: -3766.2% FCF margin (TTM), FY24 Q1: -2727.0% FCF margin (TTM), FY24 Q2: -2316.8% FCF margin (TTM), FY24 Q3: -1893.4% -1893.4%

Source: SEC EDGAR filings. Retrieved November 1, 2026.

View chart data
Period FCF margin (TTM)
FY21 Q4 -2228.9%
FY22 Q1 -1529.0%
FY22 Q2 -1893.5%
FY22 Q3 -2247.3%
FY22 Q4 -2820.7%
FY23 Q1 -4139.6%
FY23 Q2 -4609.5%
FY23 Q3 -4656.2%
FY23 Q4 -3766.2%
FY24 Q1 -2727.0%
FY24 Q2 -2316.8%
FY24 Q3 -1893.4%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 LTM Sept 2024
Income
Revenue 0 0 0 0 0 0 1 3 2 1
Gross profit — 0 −1 −3 −3 — — — — —
EBITDA −7 −8 −9 −10 −12 −15 −20 −20 −12 −27
Operating income −7 −8 −9 −10 −13 −16 −22 −22 −14 −28
Net income −7 −8 −9 −10 −13 −16 −22 −22 −28 −74
Diluted EPS −$14.00 −$0.80 −$0.53 −$0.47 −$0.33 −$0.23 −$0.32 −$5.78 −$7.17 −$19.06
Growth (year on year)
Revenue — — — +58.6% +120.9% −31.6% +820.3% +167.0% −21.2% −46.9%
Margins
Gross margin — — <−999% <−999% <−999% — — — — —
EBITDA margin — — <−999% <−999% <−999% <−999% <−999% −647.1% −465.6% <−999%
Operating margin — — <−999% <−999% <−999% <−999% <−999% −711.6% −552.9% <−999%
Net margin — — <−999% <−999% <−999% <−999% <−999% −706.3% <−999% <−999%
Free-cash-flow margin — — <−999% <−999% <−999% <−999% <−999% <−999% <−999% <−999%
Cash flow
Cash from operations −7 −7 −9 −10 −11 −14 −20 −21 −24 −19
Capital spending 0 1 19 4 2 4 6 67 69 5
Free cash flow −7 −8 −28 −14 −14 −18 −26 −88 −93 −24
Stock-based pay 0 0 0 0 1 0 0 1 1 0
Free cash flow after stock pay −7 −9 −28 −14 −14 −19 −27 −89 −94 −24
Balance sheet
Cash 1 3 1 3 3 96 88 102 8 1
Total debt 0 3 3 4 5 9 9 9 5 6
Net debt (negative = net cash) −1 −1 3 1 2 −87 −79 −93 −3 5
Diluted shares — — — 1m 2m 4m 3m 4m 4m 4m

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Dividends, buybacks and capital spending

Diluted share count
+12.9%
year over year

Competitors: side by side with peers

Closest by revenue in agricultural products & services
Last 12 months unless stated AQB PFAI CBUS RKDA WFCF FAMI Median
Revenue, last 12 months $1m $3m $4m $5m $25m $28m $129m
Revenue growth, last 12 months −46.9% 3.7% −10.3% −12.2% −2.2% −56.4% −1.4%
Revenue growth, 3-year average 15.9% — 137.9% −0.7% 0.4% — 0.4%
Revenue growth, latest quarter −93.5% — 6.5% −0.8% 0.7% — 6.5%
Gross margin <−999% 38.3% 100.0% 34.6% 38.3% 2.9% 11.4%
Operating margin <−999% −56.3% <−999% −80.1% 5.9% −200.6% −20.9%
Operating margin, 3-year average <−999% — <−999% −68.2% 8.2% −60.1% 2.1%
Net margin <−999% −55.8% <−999% −234.5% 5.8% −189.8% −0.6%
Cash from operations / revenue <−999% −105.1% <−999% −52.6% 5.0% 187.6% 3.1%
Free-cash-flow margin <−999% −155.6% <−999% −52.6% 4.0% 187.5% 2.0%
Free-cash-flow margin, 3-year average <−999% — <−999% −161.3% 8.8% 20.0% 2.5%
Stock pay / revenue 28.5% 1.3% 155.6% 2.1% 0.2% 0.0% 0.8%
Change in share count 12.9% — 95.8% 43.1% −3.4% 210.8% 2.4%

Median of all 21 companies we cover in agricultural products & services. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Who owns it

Funds buying and selling
Reported value
$520,401
Institutions reporting
36
Shares held vs prior quarter
▲ 0.2%
Positions opened / closed
5 / 3

Top buyers and sellers, Q2 2026: 11 institutions bought and 8 sold ; the biggest buyer was Renaissance Technologies LLC (+24K shares) and the biggest seller Geode Capital Management, LLC (−15K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Renaissance Technologies LLC $147,834 138K 28.4% ▲ 20.9%
Epiq Partners, LLC $95,230 89K 18.3% 0.0%
Two Sigma Investments, LP $88,599 83K 17.0% ▼ 10.8%
Blackrock, Inc. $50,855 48K 9.8% 0.0%
Geode Capital Management, LLC $43,416 41K 8.3% ▼ 27.5%
Citadel Advisors LLC $34,112 32K 6.6% ▼ 6.3%
Vanguard Capital Management LLC $25,007 23K 4.8% 0.0%
Susquehanna International Group, LLP $13,314 12K 2.6% ▲ 4.5%
Vanguard Fiduciary Trust Co $11,394 11K 2.2% 0.0%
Tower Research Capital LLC (TRC) $4,469 4K 0.9% ▲ 2.2%
UBS Group AG $3,903 4K 0.7% ▲ 349.8%
Integrated Wealth Concepts LLC $856 1K 0.2% New

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Aquabounty Technologies Inc's complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $0 net buying

No open-market insider trades reported in the last 12 months.

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 1 trade and filings

No trades in Aquabounty Technologies Inc disclosed in the last 12 months; 1 earlier trade on record.

  • Chris Jacobs(R-NY 27):Purchase, $1,001 - $15,000, traded June 29, 2021, filed August 13, 2021

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around January 20, 2026 estimated from the company's past filing pattern, not announced

  • October 28, 2025
  • August 5, 2025
  • May 15, 2025
  • March 27, 2025
  • November 5, 2024
  • August 6, 2024

Recent SEC filings

Data status

When each part of this page on Aquabounty Technologies Inc was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Aquabounty Technologies Inc in brief

What does Aquabounty Technologies Inc do?
Aquabounty Technologies Inc is a US-listed company in the agricultural products & services industry. Its financial year ends in December.
What is Aquabounty Technologies Inc's stock ticker?
Aquabounty Technologies Inc trades under the ticker AQB on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
Who are Aquabounty Technologies Inc's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Renaissance Technologies LLC, Epiq Partners, LLC and Two Sigma Investments, LP. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Aquabounty Technologies Inc's market cap?
On November 2, 2026, Aquabounty Technologies Inc's market capitalisation was about $4.6M and net debt of $5.1M. Market figures come from third-party market data and may be delayed.
Who are Aquabounty Technologies Inc's competitors?
In our Agricultural Products & Services peer group, the companies closest to Aquabounty Technologies Inc are Pinnacle Food Group Ltd, Cibus, Inc., Arcadia Biosciences, Inc., Where Food Comes From, Inc. and Farmmi, Inc. The side-by-side comparison below sets their revenue, margins and growth against Aquabounty Technologies Inc's.