ASPEN AEROGELS INCASPNEarnings & Financial Report
NYSE
NextMar 31, 2026
ASPN Q3 2025 Key Financial Metrics
Revenue
$73.0M
Gross Profit
$20.8M
Operating Profit
$-3.3M
Net Profit
$-6.3M
Gross Margin
28.5%
Operating Margin
-4.6%
Net Margin
-8.7%
YoY Growth
-37.8%
EPS
$-0.08
Financial Flow
ASPEN AEROGELS INC Q3 2025 Financial Summary
ASPEN AEROGELS INC reported revenue of $73.0M for Q3 2025, with a net profit of $-6.3M (-8.7% margin). Cost of goods sold was $52.2M, operating expenses totaled $24.1M.
Key Financial Metrics
| Total Revenue | $73.0M |
|---|---|
| Net Profit | $-6.3M |
| Gross Margin | 28.5% |
| Operating Margin | -4.6% |
| Report Period | Q3 2025 |
ASPEN AEROGELS INC Annual Revenue by Year
ASPEN AEROGELS INC annual revenue history includes year-by-year totals (for example, 2024 revenue was $452.7M).
| Year | Annual Revenue |
|---|---|
| 2024 | $452.7M |
| 2023 | $238.7M |
| 2022 | $180.4M |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $84.2M | $94.5M | $117.8M | $117.3M | $123.1M | $78.7M | $78.0M | $73.0M |
| YoY Growth | 41.3% | 107.3% | 144.5% | 93.1% | 46.2% | -16.7% | -33.7% | -37.8% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $703.0M | $698.0M | $748.6M | $782.6M | $895.1M | $555.0M | $525.1M | $491.4M |
| Liabilities | $215.0M | $206.8M | $230.8M | $274.9M | $280.4M | $240.1M | $216.4M | $185.7M |
| Equity | $488.1M | $491.2M | $517.8M | $507.6M | $614.7M | $314.8M | $308.8M | $305.7M |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-2.8M | $-17.7M | $6.8M | $20.8M | $35.7M | $5.6M | $-3.9M | $15.0M |