ASPNNYSEWholesale-Lumber & Other Construction MaterialsFiscal year ends December 31
ASPEN AEROGELS INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 7, 2026
$5.32+0.13 (+2.50%)
Close on Oct 19, 2026
- Market cap
- $440.99M
- P/E (TTM)
- –
- Dividend yield
- –
ASPEN AEROGELS INC revenue by segment
By business segment
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Thermal Barrier [Member] | $168.91M | $306.83M | $110.08M | $55.56M | $6.66M | – | – | – | – | – | 62.3% | -45.0% |
| Energy Industrial [Member] | $102.20M | $145.87M | $128.64M | $124.81M | $114.96M | – | – | – | – | – | 37.7% | -29.9% |
| Asia [Member] | – | – | – | – | – | $38.40M | $44.49M | $34.60M | – | – | – | – |
| United States | – | – | – | – | – | $44.84M | $58.33M | $41.73M | – | – | – | – |
| International [Member] | – | – | – | – | – | $55.43M | $81.05M | $62.63M | – | – | – | – |
| Latin America [Member] | – | – | – | – | – | $2.16M | $3.42M | $3.38M | – | – | – | – |
| Europe [Member] | – | – | – | – | – | $13.88M | $24.08M | $19.91M | – | – | – | – |
| Canada | – | – | – | – | – | $986.00K | $9.06M | $4.75M | – | – | – | – |
By product or service
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Thermal Barrier [Member] | $168.91M | $306.83M | $110.08M | $55.56M | $6.66M | $439.00K | – | – | – | – | 62.3% | -45.0% |
| Energy Industrial [Member] | $102.20M | $145.87M | $128.64M | $124.81M | $114.96M | $99.83M | – | – | – | – | 37.7% | -29.9% |
| Research Services [Member] | – | – | – | – | $510.00K | $439.00K | $2.44M | $2.24M | $2.04M | $2.25M | – | – |
| Product [Member] | – | – | – | – | $121.11M | $99.83M | $136.93M | $102.12M | $109.59M | $115.49M | – | – |
| Product Revenue [Member] | – | – | – | – | $109.75M | $90.09M | $119.91M | $93.98M | – | – | – | – |
| Research Services | – | – | – | – | $510.00K | $439.00K | $2.44M | $2.24M | – | – | – | – |
| Subsea Projects [Member] | – | – | – | – | $4.70M | $9.74M | $17.03M | $8.10M | – | – | – | – |
| EV Thermal Barrier [Member] | – | – | – | $55.60M | $6.70M | – | – | – | – | – | – | – |
By region
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | $172.08M | $258.52M | $151.04M | $113.97M | $66.84M | $44.84M | $58.33M | $41.73M | $51.44M | $35.73M | 63.5% | -33.4% |
| International [Member] | $99.02M | $194.18M | $87.68M | $66.40M | $54.79M | $55.43M | $81.05M | $62.63M | $60.19M | $82.01M | 36.5% | -49.0% |
| Latin America [Member] | $47.56M | $100.57M | $7.22M | $4.46M | $4.49M | $2.16M | $3.42M | – | – | – | 17.5% | -52.7% |
| Asia [Member] | $31.13M | $29.32M | $35.70M | $34.75M | $19.38M | $38.40M | $44.49M | – | – | – | 11.5% | +6.2% |
| Europe [Member] | $17.87M | $45.03M | $42.73M | $22.24M | $27.92M | $13.88M | $24.08M | – | – | – | 6.6% | -60.3% |
| Canada | $2.47M | $19.27M | $2.03M | $4.95M | $2.99M | $986.00K | $9.06M | – | – | – | 0.9% | -87.2% |
From the segment and revenue-disaggregation notes of Aspen Aerogels's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.