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Aspen Aerogels ASPN Thermal Barrier — Gross Profit

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$3.88M-53.3%

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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$517.98M-8.8%
Enterprise value$473.24M-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:GrossProfit.

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 itemSegment Operating Loss / Three Months Ended / June 30, 2026Segment Operating Loss / Three Months Ended / June 30, 2025Segment Operating Loss / Six Months Ended / June 30, 2026Segment Operating Loss / Six Months Ended / June 30, 2025
Energy industrial$3,881$8,310$7,168$20,000
Thermal barrier(617)17,00637228,128
Total$3,264$25,316$7,540$48,128
Corporate expenses23,13824,57847,82150,329
Restructuring and demobilization costs4,93842714,728
Impairment of property, plant and equipment955287,567
Loss on property damage8,9108,910
Operating loss(28,784)(5,155)(49,618)(304,496)

Item 1. Financial Statements.

FAQ

What is Aspen Aerogels's thermal barrier — gross profit?
Aspen Aerogels (ASPN) reported thermal barrier — gross profit of -$617K in Q2 2026.
How has Aspen Aerogels's thermal barrier — gross profit changed year-over-year?
Aspen Aerogels's thermal barrier — gross profit decreased by 103.6% year-over-year, from $17.01M to -$617K.
What is the long-term trend for Aspen Aerogels's thermal barrier — gross profit?
Over 2 years (2021 to 2024), Aspen Aerogels's thermal barrier — gross profit has grown at a 423.1% compound annual growth rate (CAGR), from -$4.55M to $124.46M.
What does thermal barrier — gross profit mean?
Calculated as the revenue generated from thermal barrier contracts minus the direct costs of goods and services sold. It serves as a primary indicator of the segment's core profitability before accounting for operating expenses. A healthy gross profit margin demonstrates the company's ability to price its technology effectively relative to manufacturing costs.

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