ASPN Q1 2024 Earnings — Aspen Aerogels, Inc. Revenue & Financial Results | Market Cap Arena

ASPNAspen Aerogels, Inc.

$270M

Q1 2024 Earnings

Industrials Construction

Income Statement

Revenue

$95M+107.3% YoY

Gross Profit

$35M37.2% margin

Operating Income

$2M2.6% margin

Net Income

-$2M-1.9% margin

EPS (Diluted)

$-0.02

QoQ Revenue Growth

+12.2%

Cash Flow

Operating Cash Flow

-$18M

Free Cash Flow

-$44M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$698M

Total Liabilities

$207M

Stockholders' Equity

$491M

Cash & Equivalents

$101M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$95M	$46M	+107.3%
Gross Profit	$35M	$5M	+591.0%
Operating Income	$2M	-$19M	+112.9%
Net Income	-$2M	-$17M	+89.1%

Revenue Segments

Thermal Barrier

$65M69%

Energy Industrial

$29M31%

Geographic Segments

UNITED STATES

$61M47%

International

$34M26%

Latin America

$15M12%

Europe

$9M7%

Asia

$7M6%

CANADA

$2M1%