Security
Aspen Aerogels, Inc. · ASPN
ASPNNYSECommon stockCurrentCIK 1145986Updated Oct 4, 2026
ASPN price & chart
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NYSE:ASPN on TradingView ↗In the news
Aspen Aerogels, Inc. Schedules Second Quarter 2026 Earnings Release and Conference Call ↗
Aspen Aerogels, Inc. to Participate in the B. Riley Securities 25th Annual Investor Conference News provided by Aspen Aerogels, Inc. May 14, 2025, 07:30 ET Share this article Share to X Share this article Share to X NORTHBOROUGH, Mass. , May 14, 2025 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN ↗
Aspen Aerogels, Inc. Reports First Quarter 2025 Financial Results and Recent Business Highlights News provided by Aspen Aerogels, Inc. May 08, 2025, 06:30 ET Share this article Share to X Share this article Share to X Delivered revenues of $78.7 million and operating cash flow of $5.6 million New Py ↗
Recent filings
Regulation FD Disclosure
Items 7.01, 9.01
SCHEDULE 13G/A - filed by NEEDHAM INVESTMENT MANAGEMENT LLC regarding ASPEN AEROGELS INC
144 filing
10-Q filing
Results of Operations and Financial Condition · Regulation FD Disclosure
Items 2.02, 7.01, 9.01
Show 5 more recent filings
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Submission of Matters to a Vote of Security Holders · Regulation FD Disclosure
Items 5.02, 5.07, 7.01, 9.01
10-Q filing
Results of Operations and Financial Condition · Regulation FD Disclosure
Items 2.02, 7.01, 9.01
Regulation FD Disclosure · Other Events
Items 7.01, 8.01, 9.01
ARS filing
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 406,679,000Source | 895,144,000Source | 703,048,000Source | 643,416,000Source |
| Property, Plant and Equipment, NetUSD | 98,400,000Source | 459,276,000Source | 417,227,000Source | 259,223,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 156,857,000Source | 220,882,000Source | 139,723,000Source | 281,335,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 35,270,000Source | 109,104,000Source | 69,995,000Source | 57,350,000Source |
| Inventory, NetUSD | 38,249,000Source | 47,551,000Source | 39,189,000Source | 22,538,000Source |
| Assets, CurrentUSD | 242,053,000Source | 409,448,000Source | 266,331,000Source | 369,685,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 9,964,000Source | 31,517,000Source | 17,176,000Source | 7,236,000Source |
| Operating Lease, Right-of-Use AssetUSD | 18,014,000Source | 20,854,000Source | 17,212,000Source | 11,990,000Source |
| Other Assets, NoncurrentUSD | 9,369,000Source | 5,566,000Source | 2,278,000Source | 2,518,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 171,161,000Source | 280,439,000Source | 214,993,000Source | 195,981,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Retained Earnings (Accumulated Deficit)USD | -1,049,779,000Source | -660,227,000Source | -673,602,000Source | -627,791,000Source |
| Stockholders' Equity Attributable to ParentUSD | 235,518,000Source | 614,705,000Source | 488,055,000Source | 447,435,000Source |
| Additional Paid in Capital, Common StockUSD | 1,285,297,000Source | 1,274,932,000Source | 1,161,657,000Source | 1,075,226,000Source |
| Liabilities and EquityUSD | 406,679,000Source | 895,144,000Source | 703,048,000Source | 643,416,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 62,025,000Source | 110,112,000Source | 78,095,000Source | 78,945,000Source |
| Operating Lease, Liability, CurrentUSD | 3,245,000Source | 3,279,000Source | 1,874,000Source | 2,368,000Source |
| Accounts Payable, CurrentUSD | 13,243,000Source | 44,361,000Source | 51,094,000Source | 54,728,000Source |
| Operating Lease, Liability, NoncurrentUSD | 21,138,000Source | 23,148,000Source | 21,906,000Source | 13,456,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 12,952,000Source | 36,495,000Source | 22,811,000Source | 16,003,000Source |
| Deferred Tax Liabilities, NetUSD | 4,209,000Source | 7,776,000Source | 5,465,000Source | 4,960,000Source |
| Long-term DebtUSD | 65,455,000Source | 94,961,000Source | — | — |
| Long-term Debt, Current MaturitiesUSD | 25,115,000Source | 19,750,000Source | — | — |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -389,552,000Source | 13,375,000Source | -45,811,000Source | -82,738,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Share-based Payment Arrangement, Noncash ExpenseUSD | 8,628,000Source | — | — | — |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -70,296,000Source | 39,356,000Source | 12,552,000Source | 37,042,000Source |
| Increase (Decrease) in InventoriesUSD | -9,302,000Source | 8,362,000Source | 16,651,000Source | 10,551,000Source |
| Increase (Decrease) in Accounts PayableUSD | -19,453,000Source | 7,341,000Source | 4,583,000Source | 5,318,000Source |
| Deferred Income Tax Expense (Benefit)USD | -416,000Source | — | — | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 32,872,000Source | 45,549,000Source | -42,612,000Source | -94,399,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -37,449,000Source | -86,262,000Source | -175,455,000Source | -177,974,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 37,449,000Source | 86,262,000Source | 175,455,000Source | 177,974,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 765,000Source | 1,289,000Source | 420,000Source | 2,362,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -58,129,000Source | 122,018,000Source | 75,477,000Source | 478,370,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -62,706,000Source | 81,305,000Source | -142,590,000Source | 205,997,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 12,220,000Source | 7,007,000Source | 1,000Source | 153,000Source |
| Income Taxes Paid, NetUSD | 4,134,000Source | — | — | — |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 9,173,000Source | 12,855,000Source | 10,954,000Source | 9,385,000Source |
| Amortization of Debt Issuance CostsUSD | 3,637,000Source | 1,139,000Source | — | — |
| DepreciationUSD | 45,157,000Source | 22,526,000Source | 15,318,000Source | 9,222,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -500,000Source | -2,800,000Source | — | — |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber PropertyUSD | -18,162,000Source | — | — | — |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | -18,162,000Source | — | — | — |
| Gain (Loss) on Extinguishment of DebtUSD | — | -27,487,000Source | — | — |
| General and Administrative ExpenseUSD | 55,774,000Source | 71,125,000Source | 56,760,000Source | 38,499,000Source |
| Income Tax Expense (Benefit)USD | 2,394,000Source | 1,714,000Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | -389,552,000Source | 13,375,000Source | -45,811,000Source | -82,738,000Source |
| Nonoperating Income (Expense)USD | -8,930,000Source | -39,446,000Source | 3,392,000Source | -3,493,000Source |
| Operating ExpensesUSD | 424,226,000Source | 128,362,000Source | 106,124,000Source | 84,221,000Source |
| Proceeds from Issuance of Long-term DebtUSD | — | 125,000,000Source | — | — |
| Proceeds from Stock Options ExercisedUSD | 1,718,000Source | 10,364,000Source | 1,659,000Source | 553,000Source |
| Restructuring CostsUSD | 17,510,000Source | — | — | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 271,103,000Source | 452,699,000Source | 238,718,000Source | 180,364,000Source |
| Cost of RevenueUSD | 225,105,000Source | 269,802,000Source | 181,797,000Source | 175,388,000Source |
| Operating Income (Loss)USD | -378,228,000Source | 54,535,000Source | -49,203,000Source | -79,245,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -387,158,000Source | 15,089,000Source | — | — |
| Income Tax Expense (Benefit)USD | 2,394,000Source | 1,714,000Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | -389,552,000Source | 13,375,000Source | -45,811,000Source | -82,738,000Source |
| Earnings Per Share, BasicUSD per share | -4.73Source | 0.17Source | -0.66Source | -2.1Source |
| Earnings Per Share, DilutedUSD per share | -4.73Source | 0.17Source | -0.66Source | -2.1Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 82,328,484Source | 77,535,121Source | 69,439,034Source | 39,363,114Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 82,328,484Source | 80,306,690Source | 69,439,034Source | 39,363,114Source |
| Additional Financial Items | ||||
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -500,000Source | -2,800,000Source | — | — |
| General and Administrative ExpenseUSD | 55,774,000Source | 71,125,000Source | 56,760,000Source | 38,499,000Source |
| Gross ProfitUSD | 45,998,000Source | 182,897,000Source | 56,921,000Source | 4,976,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -389,309,000Source | — | — | — |
| Interest Income (Expense), NetUSD | 7,500,000Source | 5,700,000Source | — | — |
| Interest Income (Expense), Nonoperating, NetUSD | -10,716,000Source | -4,409,000Source | 6,534,000Source | 1,617,000Source |
| Nonoperating Income (Expense)USD | -8,930,000Source | -39,446,000Source | 3,392,000Source | -3,493,000Source |
| Operating ExpensesUSD | 424,226,000Source | 128,362,000Source | 106,124,000Source | 84,221,000Source |
| Research and Development ExpenseUSD | 13,416,000Source | 18,050,000Source | 16,356,000Source | 16,930,000Source |
| Restructuring CostsUSD | 17,510,000Source | — | — | — |
| Selling and Marketing ExpenseUSD | 28,200,000Source | 35,677,000Source | 33,008,000Source | 28,792,000Source |