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Aspen Aerogels ASPN Operating Income

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Other financials

Income statement

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Revenue$49.8M-36.1%
Gross profit$3.3M-87.1%
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:OperatingIncomeLoss.

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 itemThree Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Impairment of property, plant and equipment955287,567
Loss on property damage8,9108,910
Total operating expenses32,04830,47157,158352,624
Loss from operations(28,784)(5,155)(49,618)(304,496)
Other income (expense)
Interest expense, net(2,776)(3,080)(5,927)(5,042)
Other income8,9158,9561,130
Total other income (expense)6,139(3,080)3,029(3,912)

Item 1. Financial Statements.

FAQ

What is Aspen Aerogels's operating income?
Aspen Aerogels (ASPN) reported operating income of -$28.78M in Q2 2026.
How has Aspen Aerogels's operating income changed year-over-year?
Aspen Aerogels's operating income decreased by 458.4% year-over-year, from -$5.16M to -$28.78M.
What is the long-term trend for Aspen Aerogels's operating income?
Over 4 years (2021 to 2025), Aspen Aerogels's operating income has grown at a 74.7% compound annual growth rate (CAGR), from -$40.6M to -$378.23M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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