FY2025 · ended Dec 31, 2025 · Revenue $271.10M, -40.1% YoY · Filed Mar 23, 2026
Aspen Aerogels Inc (ASPN) files with the SEC under industry code 5030, Wholesale-Lumber & Other Construction Materials. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $271.1 million and a net loss of $389.6 million. Free cash flow was -$4.6 million. As of Sep 30, 2026 it held $146.0 million in cash and investments and $76.3 million in total debt.
Revenue (TTM)
$214.25M
-39.3% vs year-ago TTM
Net income (TTM)
$-130.29M
+57.3% vs year-ago TTM
Operating cash flow (TTM)
$30.33M
-42.1% vs year-ago TTM
Free cash flow (TTM)
$19.95M
+642.9% vs year-ago TTM
EPS (TTM)
$-1.57
+57.4% vs year-ago TTM
Dividend per share
None
Shares outstanding
82.83M
+0.9% vs prior year
Net cash
$69.72M
as of Sep 30, 2026
Operating margin
-59.3%
FY 2026
Company profile
- Industry
- Wholesale-Lumber & Other Construction Materials (SIC 5030)
- Listed as
- ASPN (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Northborough, MA
- SEC filer status
- Accelerated filer
- SEC CIK
- 1145986
Other Wholesale-Lumber & Other Construction Materials companies
- QXO, Inc. QXO
- BOISE CASCADE Co BCC
- SMJ International Holdings Inc. SMJF
- Capstone Holding Corp. CAPS
- Olenox Industries Inc. OLOX
All 6 Wholesale-Lumber & Other Construction Materials companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $271.1M | $452.7M | $238.7M | $180.4M | $121.6M |
| Operating income | -$378.2M | $54.5M | -$49.2M | -$79.2M | -$40.6M |
| Net income | -$389.6M | $13.4M | -$45.8M | -$82.7M | -$37.1M |
| Diluted EPS | -$4.73 | $0.17 | -$0.66 | -$2.10 | — |
| Operating cash flow | $32.9M | $45.5M | -$42.6M | -$94.4M | -$18.6M |
| Free cash flow | -$4.6M | -$40.7M | -$218.1M | -$272.4M | -$32.4M |
| Total assets | $406.7M | $895.1M | $703.0M | $643.4M | $183.0M |
| Total liabilities | $171.2M | $280.4M | $215.0M | $196.0M | $54.5M |
| Stockholders' equity | $235.5M | $614.7M | $488.1M | $447.4M | $128.4M |
| Cash and investments | $156.9M | $220.9M | $139.7M | $281.3M | $76.6M |
| Total debt | $94.8M | $141.1M | $23.8M | $15.8M | $15.2M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Nov 5, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations, Officer or director change, Regulation FD disclosure
|
Nov 5, 2026 | Nov 2, 2026 |
| 8-K |
Current report
Regulation FD disclosure
|
Sep 15, 2026 | Sep 15, 2026 |
| 10-Q | Quarterly report | Aug 7, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations, Regulation FD disclosure
|
Aug 6, 2026 | Aug 6, 2026 |
| 8-K |
Current report
Officer or director change, Shareholder vote results, Regulation FD disclosure
|
May 18, 2026 | May 12, 2026 |
All 870 Aspen Aerogels Inc SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.