Aspen Aerogels Inc income statement
In fiscal 2025, Aspen Aerogels Inc reported revenue of $271m, down 40.1% on the year before, operating income of −$378m (a -139.5% margin) and net income of −$390m, or −$4.73 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 63 | 86 | 102 | 123 | 118 | 112 | 104 | 139 | 100 | 122 | 180 | 239 | 453 | 271 | 202 |
| Cost of revenue | — | — | — | — | — | — | — | — | 86 | 112 | 175 | 182 | 270 | 225 | 197 |
| Gross profit | −8 | 11 | 17 | 25 | 23 | 19 | 13 | 26 | 15 | 10 | 5 | 57 | 183 | 46 | 5 |
| Research and development | 5 | 5 | 6 | 5 | 5 | 6 | 6 | 8 | 9 | 11 | 17 | 16 | 18 | 13 | 11 |
| Selling and marketing | 9 | 9 | 10 | 11 | 12 | 13 | 14 | 16 | 12 | 17 | 29 | 33 | 36 | 28 | 26 |
| General and administrative | 11 | 13 | 17 | 15 | 17 | 19 | 19 | 16 | 16 | 23 | 38 | 57 | 71 | 56 | 57 |
| Operating income | −33 | −20 | −16 | −6 | −11 | −19 | −34 | −14 | −22 | −41 | −79 | −49 | 55 | −378 | −123 |
| Net interest income | −22 | −31 | −50 | — | — | −0 | −1 | −0 | −0 | −4 | 2 | 9 | 6 | 8 | — |
| Income before tax | — | — | — | — | — | — | — | — | — | — | −83 | −46 | 15 | −387 | −125 |
| Income tax | — | — | — | — | — | — | — | — | — | — | 0 | 0 | 2 | 2 | 1 |
| Net income | −56 | −48 | −66 | −6 | −12 | −19 | −34 | −15 | −22 | −37 | −83 | −46 | 13 | −390 | −126 |
| Diluted EPS | −$2851.08 | $410.56 | −$5.37 | −$0.28 | −$0.52 | −$0.83 | −$1.45 | −$0.60 | −$0.83 | −$1.22 | −$2.10 | −$0.66 | $0.17 | −$4.73 | −$1.53 |
| Diluted shares (average) | — | — | 12m | 23m | 23m | 23m | 24m | 24m | 26m | 30m | 39m | 69m | 80m | 82m | 83m |
| EBITDA | −23 | −10 | −6 | 4 | −1 | −8 | −23 | −4 | −11 | −31 | −70 | −34 | 77 | −333 | −80 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 117 | 123 | 79 | 78 | 73 | 41 | 38 | 50 |
| Cost of revenue | 68 | 76 | 56 | 53 | 52 | 64 | 34 | 47 |
| Gross profit | 49 | 47 | 23 | 25 | 21 | −23 | 4 | 3 |
| Research and development | 5 | 4 | 4 | 4 | 2 | 3 | 3 | 3 |
| Selling and marketing | 9 | 9 | 8 | 7 | 7 | 6 | 7 | 7 |
| General and administrative | 18 | 19 | 13 | 14 | 14 | 15 | 15 | 13 |
| Operating income | 17 | 15 | −299 | −5 | −3 | −70 | −21 | −29 |
| Income before tax | −13 | 11 | −300 | −8 | −6 | −73 | −24 | −23 |
| Income tax | 0 | −0 | 1 | 1 | 1 | −0 | −0 | 1 |
| Net income | −13 | 11 | −301 | −9 | −6 | −73 | −24 | −23 |
| Diluted EPS | −$0.17 | $0.14 | −$3.67 | −$0.11 | −$0.08 | −$0.88 | −$0.29 | −$0.28 |
| EBITDA | 23 | 20 | −294 | 1 | 2 | −42 | −15 | −24 |
Compare with peers
- Compx International Inc income statement
- Core Molding Technologies Inc income statement
- FGI Industries Ltd. income statement
- Caesarstone Ltd. income statement
- Omega Flex, Inc. income statement
Head to head: ASPN vs CIXASPN vs CMTASPN vs FGI
More: Building Products stocks compared, Industrials sector, rankings of US companies