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Aspen Aerogels ASPN Thermal Barrier — Contract With Customer Liability Current Additions

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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:ContractWithCustomerLiabilityCurrentAdditions.

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 additions?
Aspen Aerogels (ASPN) reported thermal barrier — contract with customer liability current additions of $4.87M in Q2 2026.
What does thermal barrier — contract with customer liability current additions mean?
The amount of new deferred revenue or performance obligations recognized during the period that are expected to be satisfied within one year for the thermal barrier segment. Additions represent cash received or billings issued in advance of fulfilling contractual obligations. This metric helps track the short-term pipeline of contracted work and future revenue recognition.

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