Aspen Aerogels financials
$5.22+0.97%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $49.8M | $37.9M | $41.3M | $73.0M | $78.0M | $78.7M | $123.1M | $117.3M | $117.8M | $94.5M | $84.2M | $60.8M |
| Gross profit | $3.3M | $4.3M | -$22.9M | $20.8M | $25.3M | $22.8M | $47.1M | $49.0M | $51.6M | $35.1M | $29.6M | $13.8M |
| Gross margin | 6.5% | 11.3% | −55.5% | 28.5% | 32.4% | 29.0% | 38.3% | 41.8% | 43.8% | 37.2% | 35.2% | 22.7% |
| Operating income | -$28.8M | -$20.8M | -$52.2M | -$3.3M | -$5.2M | -$299.3M | $14.7M | $17.4M | $20.0M | $2.4M | $1.4M | -$14.6M |
| Net income | -$23.3M | -$23.7M | -$72.9M | -$6.3M | -$9.1M | -$301.2M | $11.4M | -$13.0M | $16.8M | -$1.8M | -$519.0K | -$13.1M |
| Net margin | −46.7% | −62.5% | −176.4% | −8.7% | −11.6% | −382.7% | 9.2% | −11.1% | 14.3% | −1.9% | −0.6% | −21.5% |
| Diluted EPS | $-0.28 | $-0.29 | $-0.88 | $-0.08 | $-0.11 | $-3.67 | $0.13 | $-0.17 | $0.21 | $-0.02 | $-0.01 | $-0.19 |
| EBITDA | -$24.5M | -$15.0M | -$19.2M | $3.6M | $6.5M | $2.9M | $21.0M | $22.7M | $26.0M | $10.9M | $1.4M | -$10.1M |
| Operating cash flow | -$16.2M | $34.1M | $16.1M | $15.0M | -$3.9M | $5.6M | $35.7M | $20.8M | $6.8M | -$17.7M | -$2.8M | -$7.5M |
| Free cash flow | -$18.0M | $32.8M | $13.7M | $5.9M | -$16.8M | -$7.4M | $20.9M | -$50.0K | -$18.0M | -$43.6M | -$30.6M | -$39.8M |
| Diluted shares | 82.9M | 82.7M | 82.7M | 82.4M | 82.2M | 82.1M | 90.2M | 76.3M | 79.0M | 75.8M | 70.0M | 69.3M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $151.7M | $173.9M | $156.9M | $150.7M | $167.6M | $192.0M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $102.6M | $105.5M | $119.3M | $126.2M | $148.4M | $155.2M |
| Total assets | $392.9M | $410.5M | $406.7M | $491.4M | $525.1M | $555.0M |
| Total liabilities | $200.5M | $197.0M | $171.2M | $185.7M | $216.4M | $240.1M |
| Shareholders' equity | $192.5M | $213.5M | $235.5M | $305.7M | $308.8M | $314.8M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology