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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

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

Aspen Aerogels Inc: income statement, annual
Fiscal year2012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue6386102123118112104139100122180239453271202
Cost of revenue————————86112175182270225197
Gross profit−8111725231913261510557183465
Research and development556556689111716181311
Selling and marketing9910111213141612172933362826
General and administrative111317151719191616233857715657
Operating income−33−20−16−6−11−19−34−14−22−41−79−4955−378−123
Net interest income−22−31−50——−0−1−0−0−42968—
Income before tax——————————−83−4615−387−125
Income tax——————————00221
Net income−56−48−66−6−12−19−34−15−22−37−83−4613−390−126
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)——12m23m23m23m24m24m26m30m39m69m80m82m83m
EBITDA−23−10−64−1−8−23−4−11−31−70−3477−333−80

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Aspen Aerogels Inc's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Aspen Aerogels Inc.