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ASP Isotopes, Inc. ASPI Operating Income

Discontinued — last reported Q1 '26

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Other financials

Income statement

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Revenue$4.2M+279%
Gross profit$1.7M+409%
Net income-$7.1M+15.8%
EPS (diluted)-$0.06+50.0%

Balance sheet

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Cash & equivalents$211.7M+278%
Total debt$61.9M+1,787%
Total equity$289.0M+580%
Total assets$587.7M+547%

Cash flow

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Operating cash flow-$17.8M-460%
CapEx$6.1M+166%
Free cash flow-$23.9M-336%

Valuation

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Market cap$557.75M-38.5%
Enterprise value$407.95M-51.6%
P/S20.7×-177×

Profitability

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Gross margin17.6%-19.8pp
Operating margin-285.4%-102pp
Net margin-588.6%-112pp
FCF margin-244.6%-92.7pp

Returns & leverage

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Return on equity-95.6%-19.3pp
Debt / equity0.2×+0.1×
Current ratio4.4×-2.8×

Where this comes from

Reported directly by ASP Isotopes, Inc. in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: ASP Isotopes, Inc.’s 10-Q, filed May 20, 2026.

Filed
May 20, 2026, 4:26 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-232658
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Research and development5,2631,530
Selling, general and administrative21,2916,749
Total operating expenses26,5548,279
Loss from operations(24,888)(7,952)
Other (expense) income:
Foreign exchange transaction loss(3,725)(61)
Change in fair value of share liability12
Change in fair value of convertible notes payable(568)(957)

Item 1. Financial Statements.

FAQ

What is ASP Isotopes, Inc.'s operating income?
ASP Isotopes, Inc. (ASPI) reported operating income of -$24.89M in Q1 2026.
How has ASP Isotopes, Inc.'s operating income changed year-over-year?
ASP Isotopes, Inc.'s operating income decreased by 213.0% year-over-year, from -$7.95M to -$24.89M.
What is the long-term trend for ASP Isotopes, Inc.'s operating income?
Over 3 years (2022 to 2025), ASP Isotopes, Inc.'s operating income has grown at a 127.3% compound annual growth rate (CAGR), from -$5.1M to -$59.91M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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