Aspen Aerogels, Inc. revenue by segment ASPN

Annual Quarterly

Aspen Aerogels, Inc. splits its revenue into 6 lines in its filings. The largest line in fiscal 2025, which ended Dec 31, 2025 was Thermal Barrier at $168.9 million, 62% of the total.

USD in millions. The percent under a figure is the change from the year before.

Line	FY 2026 Jun 30, 2026	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	FY 2020 Dec 31, 2020	FY 2019 Dec 31, 2019	FY 2018 Dec 31, 2018	FY 2017 Dec 31, 2017	FY 2016 Dec 31, 2016
Revenue	202	271	453	239	180	122	100	139	104	112	118
Thermal Barrier	111 -58.2% share 54.7%	169 -45.0% share 62.3%	307 +178.7% share 67.8%	110 +98.1% share 46.1%	56 +733.7% share 30.8%	7 share 5.5%	—	—	—	—	—
Product Revenue	—	—	—	—	—	110 +21.8% share 90.2%	90 -24.9% share 89.8%	120 share 86.0%	—	—	—
Energy Industrial	92 -30.9% share 45.3%	102 -29.9% share 37.7%	146 +13.4% share 32.2%	129 +3.1% share 53.9%	125 share 69.2%	—	—	—	—	—	—
Subsea Projects	—	—	—	—	—	5 -51.5% share 3.9%	10 -42.9% share 9.7%	17 share 12.2%	—	—	—
Services	—	—	—	—	—	1 +16.2% share 0.4%	0 -82.0% share 0.4%	2 share 1.8%	—	—	—
Research Services	—	—	—	—	—	1 +16.2% share 0.4%	0 -82.0% share 0.4%	2 share 1.8%	—	—	—

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.

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

All 6 Wholesale-Lumber & Other Construction Materials companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.