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Aspen Aerogels ASPN Thermal Barrier — Contract With Customer Liability Current

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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 us-gaap:ContractWithCustomerLiabilityCurrent.

The source filing: Aspen Aerogels’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 4:15 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-340275
Line itemBalance at December 31,2025AdditionsDeductionsBalance at June 30, 2026
Contract liabilities
Deferred revenue
Energy industrial$1,259$5,126$(325)$6,060
Thermal barrier24,343(4,869)19,474
Deferred revenue long-term
Thermal barrier14,607(4,869)9,738
Total contract liabilities$1,259$44,076$(10,063)$35,272

Item 1. Financial Statements.

FAQ

What is Aspen Aerogels's thermal barrier — contract with customer liability current?
Aspen Aerogels (ASPN) reported thermal barrier — contract with customer liability current of $19.47M in Q2 2026.
What does thermal barrier — contract with customer liability current mean?
The total balance of current contract liabilities, representing obligations to transfer goods or services to customers for which consideration has already been received or is due within one year. This serves as a measure of short-term unearned revenue and provides visibility into near-term performance obligations. High levels indicate strong customer commitment and future revenue visibility.

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