ASPEN AEROGELS INC
Close on Oct 19, 2026
- Market cap
- $440.99M
- P/E (TTM)
- –
- Dividend yield
- –
About Aspen Aerogels
Wholesale-Lumber & Other Construction Materials, SIC 5030
Aspen Aerogels, Inc. designs, develops, and manufactures aerogel materials for electric vehicles, energy industrial facilities, and sustainable insulation applications. The company operates through two primary reporting segments: Thermal Barrier and Energy Industrial. Its Thermal Barrier division produces PyroThin aerogel barriers, which protect lithium-ion battery packs from thermal runaway propagation. Its Energy Industrial division supplies Pyrogel and Cryogel flexible aerogel blanket insulation to reduce heat transfer and mitigate corrosion under insulation. Aspen Aerogels serves electric vehicle manufacturers, energy storage producers, oil and gas companies, petrochemical processors, and operators of liquefied natural gas and power generation facilities, as well as transportation builders in aerospace, rail, and transit.
The company maintains its corporate headquarters in Northborough, Massachusetts. It distributes its products globally, supported by a direct commercial sales organization and regional consultants located across North America, Europe, and Asia. Aspen Aerogels has supplied more than 525 million square feet of aerogel insulation to international industrial facilities and automotive original equipment manufacturers.
Summary of the business section of Aspen Aerogels's latest annual report, written by StockData.
Company profile
Company
- Legal name
- ASPEN AEROGELS INC
- Headquarters
- Northborough, MA
- Address
- 30 Forbes Road, Building B 01532
- Phone
- (508) 691-1111
- Employees
- 854, Dec 31, 2025
- Industry
- Wholesale-Lumber & Other Construction Materials
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- KPMG LLP, Boston, MA, United States of America
Stock & identifiers
- Ticker
- ASPN
- Exchange
- NYSE
- Shares outstanding
- 83M, Aug 4, 2026
- Public float
- $480.00M, Jun 30, 2025
- Filer category
- Accelerated filer
- SEC CIK
- 1145986
- CUSIP
- 04523Y105
- ISIN
- US04523Y1055
- EIN
- 04-3559972
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Donald R. Young | President and CEO, Director | 637,834 |
| Grant Douglas Thoele | CFO & Treasurer | 77,732 |
| Corby C. Whitaker | Chief Commercial Officer | 205,315 |
| Gregg Landes | Chief Operating Officer | 102,931 |
| Glenn E. Deegan | CAO, GC & Corp Secretary | 67,176 |
| Santhosh P. Daniel | Chief Accounting Officer | 15,330 |
| Stephanie Pittman | Chief Human Resources Officer | 42,257 |
| Virginia Johnson | CLO, GC, and Secretary | 44,450 |
| Keith L. Schilling | SVP, Technology | 49,797 |
| Ricardo C. Rodriguez | CFO & Treasurer | 57,311 |
| William P. Noglows | Director | 134,156 |
| Kathleen Kool | Director | 34,323 |
| Cari Robinson | Director | 22,616 |
| Steven R. Mitchell | Director | 156,898 |
| James E. Sweetnam | Director | 36,321 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Mr. Young | $2.69M | -$1.44M | $1.50M | $-83 | $1 |
| FY2024 Mr. Young | $3.10M | $1.19M | $1.52M | $-29 | $2 |
| FY2023 Mr. Young | $3.63M | $7.80M | $1.79M | $-5 | $5 |
| FY2022 Mr. Young | $2.38M | -$20.84M | $1.41M | $-29 | $-7 |
| FY2021 Mr. Young | $8.37M | $30.30M | $790.09K | $198 | $26 |
| FY2020 Mr. Young | $2.30M | $5.33M | $624.83K | $115 | $15 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had 854 full-time employees.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Jun 6, 2014 | Listing | Registration of securities on an exchange (Form 8-A) |