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Aspen Aerogels ASPN Deferred Revenue

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Segments

By product

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Thermal Barrier$19.47M
Energy Industrial$6.06M

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 itemJune 30, 2026December 31, 2025
Current liabilities:
Accounts payable$20,958$13,243
Accrued expenses19,12912,952
Deferred revenue25,5341,259
Finance obligation for sale and leaseback transactions4,8754,443
Operating lease liabilities2,9473,245
Finance lease liabilities1,8601,768
Long term debt - current portion23,34625,115

Item 1. Financial Statements.

FAQ

What is Aspen Aerogels's deferred revenue?
Aspen Aerogels (ASPN) reported deferred revenue of $25.53M in Q2 2026.
How has Aspen Aerogels's deferred revenue changed year-over-year?
Aspen Aerogels's deferred revenue increased by 3992.0% year-over-year, from $624K to $25.53M.
What is the long-term trend for Aspen Aerogels's deferred revenue?
Over 5 years (2020 to 2025), Aspen Aerogels's deferred revenue has grown at a -9.2% compound annual growth rate (CAGR), from $2.04M to $1.26M.
What does deferred revenue mean?
Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.

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