When used in this report, the terms “we,” “us,” “our” and “the Company” refer to Aspen Aerogels, Inc. and its subsidiaries. Additionally, we do not use the ® or ™ symbol in each instance in which one of our trademarks appears in this report, but this should not be construed as any indication that we will not assert our rights thereto to the fullest extent under applicable law. Aspen Aerogels, Inc. is an aerogel technology company that designs, develops and manufactures innovative, high-performance aerogel materials used primarily in the energy industrial, sustainable insulation materials, and electric vehicle (EV) markets. We have provided high-performance aerogel insulation to the energy industrial and sustainable insulation markets for nearly two decades. We have developed and commercialized our proprietary line of PyroThin® aerogel thermal barriers for use in battery packs in EVs. Our core businesses are organized into two reportable segments: Thermal Barrier and Energy Industrial.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 271M | 271M | 453M | 239M | 180M | 122M |
| Net Income | -390M | -390M | 13M | -46M | -83M | -37M |
| EPS | $-4.73 | $-4.73 | $0.17 | $-0.66 | $-2.10 | $-1.22 |
| Free Cash Flow | -4.6M | -4.6M | -41M | -218M | -272M | -32M |
| ROIC | -152.9% | -77.1% | 14.5% | -7.6% | -15.0% | -28.4% |
| Gross Margin | 17.0% | 17.0% | 40.4% | 23.8% | 2.8% | 8.2% |
| Debt/Equity | 0.50 | 0.50 | 0.26 | 0.28 | 0.27 | 0.15 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | -378M | -378M | 55M | -49M | -79M | -41M |
| Operating Margin | -139.5% | -139.5% | 12.0% | -20.6% | -43.9% | -33.4% |
| ROE | -165.4% | -91.6% | 2.2% | -9.4% | -18.5% | -28.9% |
| Shares Outstanding | 82M | 82M | 79M | 69M | 39M | 70M |
ASPEN AEROGELS INC passes 2 of 9 quality checks, indicating weak fundamentals.
The company's 5-year average gross margin is 18.4%.
ASPEN AEROGELS INC (ASPN) has a 5-year average return on invested capital (ROIC) of -22.7%. This is below average and may indicate limited pricing power.
ASPEN AEROGELS INC (ASPN) has a market capitalization of $273M. It is classified as a small-cap stock.
ASPEN AEROGELS INC (ASPN) does not currently pay a regular dividend.
ASPEN AEROGELS INC (ASPN) operates in the Wholesale-Lumber & Other Construction Materials industry, within the Consumer Cyclical sector.
ASPEN AEROGELS INC (ASPN) reported annual revenue of $271 million in its most recent fiscal year, based on SEC EDGAR filings.
ASPEN AEROGELS INC (ASPN) has a net profit margin of -143.7%. The company is currently unprofitable.
ASPEN AEROGELS INC (ASPN) generated $-5 million in free cash flow in its most recent fiscal year. Negative free cash flow may indicate heavy investment or operational challenges.
ASPEN AEROGELS INC (ASPN) has a debt-to-equity ratio of 0.50. This indicates a conservatively financed balance sheet.
ASPEN AEROGELS INC (ASPN) reported earnings per share (EPS) of $-4.73 in its most recent fiscal year.
ASPEN AEROGELS INC (ASPN) has a return on equity (ROE) of -91.6%. A negative ROE may indicate losses or negative equity.
ASPEN AEROGELS INC (ASPN) has a 5-year average gross margin of 18.4%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 13 years of financial data for ASPEN AEROGELS INC (ASPN), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
ASPEN AEROGELS INC (ASPN) has a book value per share of $2.86, based on its most recent annual SEC filing.