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Aspen Aerogels

ASPN

Aspen Aerogels is an aerogel technology company that designs, develops, and manufactures high-performance aerogel materials for the electric vehicle (EV), energy industrial, and sustainable insulation markets.

Market cap
$385.38M-40.6%
Revenue$230.3M-47.3%
Net income-$112.0M+60.9%
Free cash flow$8.5M+106%
EPS (diluted)-$1.36+61.0%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 6, 2026 (In 1 week)
Revenue estimate$42.4M
EPS estimate-$0.23

Financials

Q1 2026

Income statement

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Revenue$37.9M-51.9%
Gross profit$4.3M-81.3%
Operating income-$20.8M+93.0%
Net income-$23.7M+92.1%
EPS (diluted)-$0.29+92.1%

Balance sheet

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Cash & equivalents$173.9M-9.5%
Total debt$113.4M-18.8%
Total equity$213.5M-32.2%
Total assets$410.5M-26.0%

Cash flow

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Operating cash flow$34.1M+506%
CapEx$1.4M-89.5%
Free cash flow$32.8M+545%

Valuation & ratios

Valuation

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Market cap$385.38M-40.6%
Enterprise value$324.92M-45.9%
P/S1.7×+0.1×

Profitability

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Operating margin-43.3%-8.2pp
Net margin-48.6%-9.9pp

Returns & leverage

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Return on equity-42.4%-12.2pp
Debt / equity0.5×+0.1×
Current ratio2.9×-1.3×

Segments

By geography

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International$15.0M-63.0%
Europe$9.0M+89.8%
Asia$5.5M-23.7%
Latin America$509.0K-98.2%

By product

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Energy Industrial$21.6M-27.6%
Thermal Barrier$16.3M-66.7%

Competitors

Profile

Aspen Aerogels is an aerogel technology company that designs, develops, and manufactures high-performance aerogel materials for the electric vehicle (EV), energy industrial, and sustainable insulation markets. The company leverages its proprietary Aerogel Technology Platform to provide solutions that offer superior thermal management, fire protection, and energy efficiency compared to traditional insulation materials.

Competitive position

A leading provider of aerogel-based thermal management solutions with a significant patent portfolio and established supply relationships with major global automotive and energy companies.

GeographiesUnited States, Mexico, China, Europe, Asia
Customer segmentsAutomotive OEMs, Energy Infrastructure, Industrial Maintenance, Aerospace and Defense
Business modelManufacturing, B2B, IP Licensing
SuppliersSilica precursors (alkyl silicate and silane), Fiber batting, Carbon dioxide, Ethanol
CustomersElectric vehicle manufacturers, Industrial insulation contractors, Specialty distributors, Energy facility owners
Listed2014
Employees548.0
CEODonald R. Young
IndustryConstruction
FilingsSEC EDGAR

Questions, answered.

What is Aspen Aerogels's market cap?
Aspen Aerogels (ASPN) has a market capitalization of $385.4M and trades on NYSE.
What is Aspen Aerogels's revenue and profitability?
Aspen Aerogels generated $230.3M in trailing twelve-month revenue with a net loss of $112.0M, representing a net margin of -48.6%. Gross margin stands at 32.9%, with free cash flow of $8.5M. These figures are based on the Q1 2026 filing.
Who are Aspen Aerogels's competitors?
Aspen Aerogels's key competitors include Owens Corning, EnerSys, Inc., Solidion Technology, Inc. Common Stock, and others. These companies compete in similar markets and product categories.
Who does Aspen Aerogels partner with?
Aspen Aerogels's notable partners include General Motors, Toyota, Scania, and others.
What subsidiaries does Aspen Aerogels have?
Aspen Aerogels's subsidiaries include Aspen Aerogels Rhode Island, LLC, OPE Manufacturer Mexico S de RL de CV, Aspen Aerogels Germany, GmbH, and others.
Where is Aspen Aerogels headquartered?
Aspen Aerogels is headquartered in United States of America and employs approximately 548 people. It has been publicly traded since 2014.