Aspen Aerogels, Inc. (ASPN) — Financial statements
Income statement, balance sheet, and cash flow for Aspen Aerogels, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 271↓40.1% | 453↑89.6% | 239↑32.4% | 180↑48.3% | 122 | |
| Cost of Revenue | 225↓16.6% | 270↑48.4% | 182↑3.7% | 175↑57.0% | 112 | |
| Gross Profit | 46↓74.9% | 183↑221.3% | 57↑1043.9% | 5↓49.9% | 10 | |
| Operating Expenses | ||||||
| R&D Expenses | 6,295↑34776.1% | 18↑10.4% | 16↓3.4% | 17↑48.0% | 11 | |
| General & Administrative Expenses | 27,396↑38418.7% | 71↑25.3% | 57↑47.4% | 38↑71.0% | 23 | |
| Selling & Marketing Expenses | 13,516↑37783.5% | 36↑8.1% | 33↑14.6% | 29↑73.6% | 17 | |
| SG&A Expenses | 40,912↑38206.5% | 107↑19.0% | 90↑33.4% | 67↑72.1% | 39 | |
| Other Expenses | -47,110↓1342260.8% | 4 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 97↓24.1% | 128↑21.0% | 106↑26.0% | 84↑66.7% | 51 | |
| Total Costs & Expenses | 322↓19.0% | 398↑38.3% | 288↑10.9% | 260↑60.0% | 162 | |
| Operating Results | ||||||
| Operating Income | -51↓194.2% | 55↑210.8% | -49↑37.9% | -79↓95.2% | -41 | |
| Depreciation & Amortization | 45↑85.0% | 24↑34.3% | 18↑97.1% | 9↓2.3% | 9 | |
| EBITDA | 5,716↑11007.0% | 51↑330.7% | -22↑67.4% | -68↓149.4% | -27 | |
| EBIT | 5,671↑20864.6% | 27↑166.8% | -40↑47.9% | -78↓110.6% | -37 | |
| Interest & Other Income | ||||||
| Net Interest Income | -6,058↓50553.6% | -12↓1091.6% | 1↑134.5% | -3↓1425.3% | -0.23 | |
| Interest Income | 0.00 | 0.00↓100.0% | 7↑304.1% | 2 | 0.00 | |
| Interest Expense | 6,058↑50553.6% | 12↑124.5% | 5↑4.3% | 5↑2131.4% | 0.23 | |
| Non-Operating Income | -5,722↓20916.7% | 27↑415.2% | -9↓439.3% | -2↑56.7% | -4 | |
| Other Income / Expenses | -336↓751.2% | -39↓1262.9% | 3↑197.1% | -3↓199.7% | 4 | |
| Income Before Tax | -387↓2665.8% | 15↑132.9% | -46↑44.6% | -83↓123.0% | -37 | |
| Income Tax Expense | 2↑39.7% | 2 | 0.00 | 0.00 | 0.00 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -390↓3012.5% | 13↑129.2% | -46↑44.6% | -83↓123.0% | -37 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -390↓3012.5% | 13↑129.2% | -46↑44.6% | -83↓123.0% | -37 | |
| Bottom-Line Net Income | -390↓3012.5% | 13↑129.2% | -46↑44.6% | -83↓123.0% | -37 | |
| EPS (Basic) | -4.74↓2888.2% | 0.17↑125.8% | -0.66↑69.9% | -2.19↓138.0% | -0.92 | |
| EPS (Diluted) | -4.74↓2888.2% | 0.17↑125.8% | -0.66↑69.9% | -2.19↓138.0% | -0.92 | |
| Weighted Average Shares | 83↑6.6% | 78↑11.7% | 69↑76.4% | 39↑29.3% | 30 | |
| Weighted Average Diluted Shares | 83↑2.9% | 80↑15.7% | 69↑76.4% | 39↑29.3% | 30 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.