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Aspen Aerogels ASPN Energy Industrial — Contract With Customer Liability Current Deductions

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Other financials

Income statement

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Revenue$49.8M-36.1%
Gross profit$3.3M-87.1%
Operating income-$28.8M-458%
Net income-$23.3M-157%
EPS (diluted)-$0.28-155%

Balance sheet

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Cash & equivalents$151.7M-9.5%
Total debt$107.0M-19.5%
Total equity$192.5M-37.7%
Total assets$392.9M-25.2%

Cash flow

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Operating cash flow$34.1M+506%
CapEx$1.8M-86.0%
Free cash flow$32.8M+545%

Valuation

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Market cap$522M-8.8%
Enterprise value$477.26M-11.2%
P/S2.6×+1.1×

Profitability

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Gross margin32.9%-7.1pp
Operating margin-61%-6.0pp
Net margin-62.4%-10.6pp
FCF margin-22.3%-10.1pp

Returns & leverage

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Return on equity-50.4%-12.6pp
Debt / equity0.6×+0.1×
Current ratio2.5×-1.5×

Where this comes from

Reported directly by Aspen Aerogels in its filing.

Tagged under the XBRL concept aspn:ContractWithCustomerLiabilityCurrentDeductions.

The source filing: Aspen Aerogels’s 10-Q, filed May 8, 2026.

Filed
May 8, 2026, 4:15 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-214672
Line itemBalance at December 31,2025AdditionsDeductionsBalance at March 31, 2026
Contract liabilities
Deferred revenue
Energy industrial$1,259$1,561$(325)$2,495
Thermal barrier19,47619,476
Deferred revenue long-term
Thermal barrier14,60714,607
Total contract liabilities$1,259$35,644$(325)$36,578

Item 1. Financial Statements.

FAQ

What is Aspen Aerogels's energy industrial — contract with customer liability current deductions?
Aspen Aerogels (ASPN) reported energy industrial — contract with customer liability current deductions of -$325K in Q1 2026.
What does energy industrial — contract with customer liability current deductions mean?
This metric represents the reduction in current contract liabilities as performance obligations are satisfied and revenue is recognized in the financial statements. It indicates the pace at which the company is fulfilling its contractual commitments to customers. Consistent deductions demonstrate operational execution and the successful conversion of backlog into realized revenue.

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