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Aspen Aerogels, Inc. ASPN R2KR3K

Basic Materials · Specialty Chemicals · United States
https://www.aerogel.com
Company Profile ↓
$4.92
-34.14% 1Y
Mkt Cap$407.76M
P/E-3.24
P/B2.42
52W High$8.82
52W Low$2.57
Book Value$2.58
EPS (TTM)$-1.52

Company Overview

Aspen Aerogels, Inc., an aerogel technology company, designs, develops, manufactures, and sells aerogel materials primarily for use in the energy industrial, sustainable insulation materials, and electric vehicle (EV) markets in the United States, Canada, Asia, Europe, and Latin America. It operates through two segments: Thermal Barrier and Energy Industrial. The company offers PyroThin aerogel thermal barriers for use in battery packs in EVs; Pyrogel XTE for refineries and petrochemical facilities; Pyrogel HPS for high temperatures and in demanding thermal applications in refining and chemical processing systems; Pyrogel XTF for protection against fire; Cryogel Z for sub-ambient and cryogenic applications; Spaceloft Subsea for pipe-in-pipe applications in offshore oil production; and Cryogel X201 for cold system designs. It serves EV manufacturers, automotive suppliers, lithium-ion battery manufacturers, and e-mobility and energy storage companies. The company was founded in 2001 and is headquartered in Northborough, Massachusetts.

Why Investors Should Care

Steady Revenue Expansion

Revenue has grown at a 12.9% CAGR over the past five years.

Positive Free Cash Flow

Generates positive free cash flow, funding growth and shareholder returns internally.

Recent Developments

  • Dec 2025 Revenue of $271.10M (-40.1% YoY); net profit $-389.55M.
  • Trailing 12 Months Year-on-year growth — revenue -36.1%, earnings -3012.5%.
  • 5-Year Trend Long-term compounding — revenue CAGR 12.9%.

Growth & Price Performance

Compounded Sales Growth

5 Years:12.86%
1 Year:-36.10%

Compounded Profit Growth

5 Years:-
1 Year:-3,012.54%

Stock Price Performance

1 Year:-34.14%
6 Months:+52.80%
3 Months:-12.77%
1 Month:-28.59%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Mixed
52-Week Range 38% of range
$2.57 $8.82
Trend Signals
  • Price vs 50-DMABelow
  • Price vs 200-DMAAbove
  • RSI (14)43.52 · Neutral
Price Performance
1M-28.59%
3M-12.77%
6M+52.80%
1Y-34.14%

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Compounding revenue at 12.9% over 5 years.
  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

  • Trading 44.2% below its 52-week high.

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
-3.24
Industry PE
22.37
Forward P/E
-32.48
PEG Ratio
-
Book Value
$2.58
Price to Book
2.42
P/S
2.56
EV/EBITDA
-12.04
Dividend Yield
0.00%

Growth (CAGR)

Revenue 5Y
12.86%
Profit 5Y
-
Revenue (YoY)
-36.10%
Earnings (YoY)
-3,012.54%

Profitability & Returns

ROCE
-14.91%
ROE
-50.36%
ROA
-9.17%
Profit Margin
-62.45%
Op Margin
-39.87%
Gross Margin
13.61%
EPS (Latest Qtr)
$-0.28
EPS (TTM)
$-1.52

Balance Sheet & Liquidity

Debt/Equity
0.65
Quick Ratio
1.95
Current Ratio
2.52
Debt
$125.11M
Total Assets
$392.94M
Current Assets
$253.97M
Working Capital
$180.03M

Ownership

Promoter Holding
16.20%
Chg in Prom Hold
-0.02%
FII / Inst Holding
75.06%
Chg in FII Hold
-0.00%

Financial Snapshot

Enterprise Value
$407.76M
Total Revenue (TTM)
$202.09M
EBITDA
$-45.24M
Free Cash Flow
$17.45M
Operating Cash Flow
$49.12M
Shares Outstanding
82.88M
Gross Margin
13.61%
Payout Ratio
0.00%

Peer comparison

Peer companies in the same sector (Basic Materials).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 ASPN Aspen Aerogels, Inc. R2KR3K 4.92 -3.24 $407.76M 0.00% -14.91% -50.36% 12.86% -
2 LIN Linde plc NDXSPXR3K 477.57 30.83 $220.15B 1.31% 12.46% 18.40% 13.90% 18.47%
3 SCCO Southern Copper Corporation R3K 198.76 29.49 $165.83B 2.28% 36.40% 49.90% 8.32% 3.80%
4 NEM Newmont Corporation SPXR3K 128.09 16.15 $134.97B 0.99% - 25.91% 6.53% 20.15%
5 AEM Agnico Eagle Mines Limited 204.73 17.53 $103.67B 1.01% 19.78% 22.97% 27.53% 88.11%
6 FCX Freeport-McMoRan Inc. SPXR3K 72.73 35.65 $101.82B 0.88% 12.50% 14.75% 1.35% -1.26%
7 SHW The Sherwin-Williams Company SPXR3K 333.71 30.81 $81.01B 0.88% 21.93% 65.12% 6.18% 8.26%
8 ECL Ecolab Inc. SPXR3K 279.28 37.49 $78.29B 1.03% 15.10% 21.96% 6.55% 9.74%
9 B Barrick Mining Corporation 44.75 10.31 $74.98B 1.60% 16.65% 25.18% 15.47% 126.10%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue -----23.00M25.07M27.20M36.36M23.07M21.67M23.94M35.68M27.91M29.53M35.42M46.51M28.42M24.64M24.20M23.02M28.10M31.67M30.38M38.41M45.64M36.71M45.59M48.16M60.76M94.50M117.77M--78.72M78.02M73.02M41.34M37.88M49.85M
Cost of Revenue ----------------------------------55.91M52.71M52.22M64.27M33.61M-
Gross Profit 9.85M6.53M6.65M6.40M3.73M2.22M3.69M4.95M7.81M2.81M2.74M1.53M5.59M3.72M3.51M7.74M11.31M5.98M2.85M1.90M3.86M3.96M4.58M3.07M-1.79M-1.21M-6.36M5.09M8.41M13.81M35.14M51.58M--22.81M25.32M20.80M-22.93M4.28M3.26M
Operating Expenses ----------------------------------25.75M24.58M22.58M24.48M24.68M-
Operating Income 1.68M-1.76M-1.35M-2.40M-5.71M-9.05M-5.43M-3.03M-1.62M-6.75M-6.86M-6.37M-13.94M-5.96M-5.21M-2.15M-830.00K-3.09M-5.65M-6.70M-6.13M-6.17M-6.61M-11.50M-18.62M-22.65M-28.31M-18.91M-17.04M-14.63M2.44M19.99M---2.94M738.00K-1.78M-47.41M-20.41M-28.78M
EBITDA -----------------------------------292.42M641.00K2.62M-42.13M-15.41M-
Interest Expense ----------------------------------1.96M3.08M2.97M2.70M3.15M-
Pretax Income -----------------------------------300.17M-8.23M-5.74M-73.01M-23.94M-
Tax Provision ----------------------------------1.08M821.00K594.00K-97.00K-253.00K-
Net Income 1.64M-1.80M-1.39M-3.10M-5.74M-9.08M-5.47M-3.09M-1.68M-6.84M-6.96M-6.53M-14.11M-6.00M-5.32M-2.29M-956.00K-3.17M-5.70M-6.75M-6.19M-6.25M-6.67M-7.82M-19.48M-24.05M-29.59M-16.80M-15.42M-13.07M-1.83M16.82M---301.25M-9.06M-6.33M-72.91M-23.69M-23.26M
Diluted EPS 0.07-0.08-0.06-0.13-------------------0.23-0.24-0.59-0.68-0.75-0.24-0.22-0.19-0.020.21---3.67-0.11-0.08-0.88-0.29-0.28
R&D Expense -1.31M1.29M1.33M-1.58M1.71M1.47M-1.60M1.64M1.38M-1.93M1.87M2.05M-2.23M2.12M2.09M-2.44M2.61M3.08M3.59M4.45M4.69M4.10M3.96M4.22M4.49M4.57M4.59M-4.33M3.79M2.49M-2.72M3.19M

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue 63.45M86.09M102.40M122.52M117.74M111.63M104.36M139.38M100.27M-180.36M238.72M452.70M271.10M
Cost of Revenue ----------175.39M181.80M269.80M225.10M
Gross Profit -7.97M10.73M17.08M24.65M23.31M18.67M12.67M26.28M14.59M-4.98M56.92M182.90M46.00M
Operating Expenses ----------84.22M106.12M124.85M97.39M
Operating Income -32.97M-19.97M-16.04M-6.24M-11.22M-19.14M-33.92M-14.16M-21.57M--79.25M-49.20M58.05M-51.39M
EBITDA -----------68.41M-25.16M49.57M-331.29M
Interest Expense ----------5.11M5.33M11.96M10.72M
Pretax Income -----------82.74M-45.81M15.09M-387.16M
Tax Provision ----------001.71M2.39M
Net Income -56.14M-47.61M-66.32M-6.42M-12.02M-19.32M-34.44M-14.56M-21.81M--82.74M-45.81M13.38M-389.55M
Diluted EPS -2,851.08410.56-5.37-0.28-----0.83--2.10-0.660.17-4.73
R&D Expense 5.14M5.16M5.98M5.25M5.31M6.18M6.32M8.41M8.73M11.44M16.93M16.36M18.05M13.42M

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --90.23M145.04M140.07M134.67M123.81M99.02M103.50M97.42M-643.42M703.05M895.14M406.68M
Current Assets -----------369.69M266.33M409.45M242.05M
Cash & Equivalents 11.24M1.34M1.57M49.72M32.80M18.09M10.69M3.33M3.63M16.50M-281.33M139.72M220.88M156.86M
Inventory -----------22.54M39.19M47.55M38.25M
Receivables -----------57.35M70.00M109.10M35.27M
Total Liabilities --152.20M21.33M17.60M19.11M22.87M28.77M44.51M29.57M-195.98M214.99M280.44M171.16M
Current Liabilities --31.39M20.21M17.41M18.13M21.57M23.07M30.43M13.93M-78.94M78.09M110.11M62.02M
Long Term Debt ---------2.06M-103.58M114.99M137.09M79.80M
Total Debt -----------119.40M138.77M197.38M143.71M
Total Equity -113.51M-120.80M-61.97M123.72M122.47M115.56M100.94M70.25M58.99M67.85M-447.44M488.06M614.71M235.52M
Shares Outstanding -----------69.99M76.50M82.04M82.71M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow -----578.00K-4.61M-8.65M-1.05M-9.92M--94.40M-42.61M45.55M32.87M
Investing Cash Flow -----13.22M-6.12M-3.59M-2.11M-3.42M--177.97M-175.46M-86.26M-37.45M
Financing Cash Flow -----924.00K3.33M4.88M3.47M26.20M-478.37M75.48M122.02M-58.13M
Capital Expenditure -10.24M-3.33M-13.24M-21.96M-13.22M-6.12M-3.59M-2.11M-3.42M--177.97M-175.46M-86.26M-37.45M
Free Cash Flow -----13.79M-10.72M-12.25M-3.17M-13.34M--272.37M-218.07M-40.71M-4.58M
Net Change in Cash ----------206.00M-142.59M81.31M-62.71M

Ratios (Annual)

Figures in %.

Metric Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % -12.6%12.5%16.7%20.1%19.8%16.7%12.1%18.9%14.6%-2.8%23.8%40.4%17.0%
Operating Margin % -52.0%-23.2%-15.7%-5.1%-9.5%-17.1%-32.5%-10.2%-21.5%--43.9%-20.6%12.8%-19.0%
Net Margin % -88.5%-55.3%-64.8%-5.2%-10.2%-17.3%-33.0%-10.5%-21.7%--45.9%-19.2%3.0%-143.7%
ROE % 46.5%76.8%-53.6%-5.2%-10.4%-19.1%-49.0%-24.7%-32.1%--18.5%-9.4%2.2%-165.4%
ROCE % --33.9%-12.9%-5.1%-9.6%-18.7%-44.7%-19.4%-25.8%--14.0%-7.9%7.4%-14.9%

Shareholding Pattern

Insiders
16.20%
Institutions
75.06%
Public Float
89.57%

Top Institutional Holders

#Holder% HeldSharesValue
1 Kim, LLC 14.80% 12.28M $60.54M
2 Blackrock Inc. 6.36% 5.28M $26.02M
3 Oaktop Capital Management II, L.P. 6.23% 5.17M $25.48M
4 Vanguard Capital Management LLC 4.26% 3.54M $17.45M
5 Needham Investment Management, L.L.C. 3.93% 3.26M $16.08M
6 George Kaiser Family Foundation 3.82% 3.17M $15.61M
7 State Street Corporation 3.08% 2.56M $12.62M
8 American Century Companies Inc 3.02% 2.51M $12.37M
9 Jacobs Levy Equity Management, Inc. 2.48% 2.06M $10.15M
10 Ameriprise Financial, Inc. 2.19% 1.82M $8.98M

Analyst View

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Latest News

Recent headlines for ASPN

Google News Sat, 08 Aug 2026

Aspen Aerogels (ASPN) Stock Sees Fair Value Lift After Q2 Improves Segment Visibility - Yahoo Finance

<a href="https://news.google.com/rss/articles/CBMimwFBVV95cUxQTkI0Z2I1RHdXczNxTUNhRHZzWFZzN09HVnd3bVFBTEJZS21nV1lMU21oZnRpNUhqRndJVDlyeWhwcF9KVEYzMk02Yk96eEtKMDU4MUFfSmNCcHNjaEtaZVRXSkptWURFN0tnUGJ5bHRJczdFQjNxZlJHRjEtUlRKOUlrQjhaMF9FdUlfYV…

Google News hu, 06 Aug 2026

Jaguar Land Rover awards Aspen Aerogels two architectures; production start expected 2027 - Stock Titan

<a href="https://news.google.com/rss/articles/CBMiwAFBVV95cUxQQm41YW04S3oxTVlkN2dVV1FfMmpXc0pVY3FlQ1ZiRTZTbkFqQWpOTHdDRGs4UHQwMUVBYWhwOTkwZjVnWkpFbWp3NDBOd3FNbG9YWENpZEtFbnJhMzlXWXhkaXBFSkRrUGpIdVlSUTI0d3hjeF91aXozOVRkbmZ5TkI4YUpUVXlKTzZndT…

Google News ue, 26 May 2026

ASPN - Finviz

<a href="https://news.google.com/rss/articles/CBMiRkFVX3lxTFBRLVJxaTdmc2NhbEMzZHhfc1ZGemNnbnVlbzFqWWczNXZwY3lVTVE2ZUs2Sk5XcW5iX25qSmdKbEJGRkIycEE?oc=5" target="_blank">ASPN</a>&nbsp;&nbsp;<font color="#6f6f6f">Finviz</font>…

Google News hu, 05 Mar 2026

Why Did ASPN Stock Plummet 25% Today? - Stocktwits

<a href="https://news.google.com/rss/articles/CBMiqAFBVV95cUxOeGJSeEh2MTRjMGV6YmQyNVhqdDdnTXA4WVVDOEVHSk5VcXd3T3czdy1Tb1RXZDlRcHIzdGdyWGVnV2xYdmJVcUlNLU1LYmFJLThuMm0tcVpxWGpiM0tEMk0wdlo3dy04RTl0TUEyMjhsZExqY0VHRXlCb2Z4MDB5ZDZQN1dFWWVkTU9Qbl…

Google News Mon, 10 Aug 2026

Aspen Aerogels Reminds Us Materials Science Can Be Cool, Especially If EVs Are Hot (ASPN) - Seeking Alpha

<a href="https://news.google.com/rss/articles/CBMioAFBVV95cUxNQ09qRC1QcXpIUDBfRHhWNkV4d3FVMDB5eGl2czMxSGZhbTdsbndaQkQyOG1XTHE4SV9ndXk4ZlRwM09vWmhBVjF4RlFaUEJTeU16VHpEV0FYSjZCdHZydzNIdlVXbllDb1YtZWJpbTVSRDA1N0ROOGpqNGNiNkpsMlZaaDY2MXBvaGt3SV…

Google News Wed, 25 Feb 2026

Aspen Aerogels, Inc. Reports $158.6 Million Year-End Cash Balance and Initiates Strategic Review Amidst $389.6 Million Net Loss for 2025 | ASPN Stock News - quiverquant.com

<a href="https://news.google.com/rss/articles/CBMihgJBVV95cUxOblF5VXg1NVpjS3RYdzRibmJPZWdKUWFQQmZYV2dZdG83WFZYdUpWV1NyZWNFV0FjMG9keFFvcU1OVmxqS3NlQ25wV3FIWTR4LS1uMGpYQW96UWp0WERnODBId1lJOFZhU2lqaVdHdndobWxkNHV5eVRFOGVXNkpPTXB3aUdsdGEyUXZhZX…

ASPN — Frequently Asked Questions

What is the current share price of Aspen Aerogels, Inc. (ASPN)?

As of 2026-09-07 16:24 PDT, Aspen Aerogels, Inc. (ASPN) trades at $4.92 on NYSE. Its 52-week range is $2.57 to $8.82.

What is the market capitalisation of ASPN?

Aspen Aerogels, Inc. (ASPN) has a market capitalisation of $407.76M on NYSE.

What is the P/E ratio of ASPN?

ASPN trades at a trailing price-to-earnings (P/E) ratio of -3.24. The industry average P/E is 22.37. Its price-to-book (P/B) ratio is 2.42.

What is the return on equity (ROE) of ASPN?

ASPN has a return on equity (ROE) of -50.36%. Its return on capital employed (ROCE) is -14.91%.

Is ASPN a good stock to buy?

This page provides a data-driven analysis of Aspen Aerogels, Inc. (ASPN), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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