ASPN Q1 2023 Earnings — Aspen Aerogels, Inc. Revenue & Financial Results | Market Cap Arena

ASPNAspen Aerogels, Inc.

$270M

Q1 2023 Earnings

Industrials Construction

Income Statement

Revenue

$46M+18.7% YoY

Gross Profit

$5M11.2% margin

Operating Income

-$19M-41.5% margin

Net Income

-$17M-36.8% margin

EPS (Diluted)

$-0.22

QoQ Revenue Growth

-23.5%

Cash Flow

Operating Cash Flow

-$25M

Free Cash Flow

-$74M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$621M

Total Liabilities

$188M

Stockholders' Equity

$433M

Cash & Equivalents

$208M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$46M	$38M	+18.7%
Gross Profit	$5M	-$2M	+384.5%
Operating Income	-$19M	-$19M	-1.5%
Net Income	-$17M	-$19M	+13.8%

Revenue Segments

E V Thermal Barrier

$12M100%

Geographic Segments

UNITED STATES

$26M58%

Asia

$12M26%

Europe

$5M12%

Latin America

$2M4%

CANADA

$324,0001%