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Aspen Aerogels ASPN Gross margin

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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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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

Calculated from Aspen Aerogels’s reported figures.

Based on trailing twelve months.

The source filing: Aspen Aerogels’s 10-Q, filed November 6, 2025. Open the filing →

Filed
Nov 6, 2025
Fiscal quarter
Q3 FY2025
Calendar quarter
Q3 2025
Accession
0001193125-25-270038

FAQ

What is Aspen Aerogels's gross margin?
Aspen Aerogels (ASPN) reported gross margin of 32.9% in Q3 2025.
How has Aspen Aerogels's gross margin changed year-over-year?
Aspen Aerogels's gross margin decreased by 17.7% year-over-year, from 40% to 32.9%.
What is the long-term trend for Aspen Aerogels's gross margin?
Over 3 years (2020 to 2024), Aspen Aerogels's gross margin has grown at a 40.5% compound annual growth rate (CAGR), from 14.6% to 40.4%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.

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