ASPN Q2 2024 Earnings — Aspen Aerogels, Inc. Revenue & Financial Results | Market Cap Arena

ASPNAspen Aerogels, Inc.

$270M

Q2 2024 Earnings

Industrials Construction

Income Statement

Revenue

$118M+144.5% YoY

Gross Profit

$52M43.8% margin

Operating Income

$20M17.0% margin

Net Income

$17M14.3% margin

EPS (Diluted)

$0.21

QoQ Revenue Growth

+24.6%

Cash Flow

Operating Cash Flow

$7M

Free Cash Flow

-$18M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$749M

Total Liabilities

$231M

Stockholders' Equity

$518M

Cash & Equivalents

$91M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$118M	$48M	+144.5%
Gross Profit	$52M	$8M	+513.5%
Operating Income	$20M	-$17M	+217.3%
Net Income	$17M	-$15M	+209.0%

Revenue Segments

Thermal Barrier

$81M69%

Energy Industrial

$37M31%

Geographic Segments

UNITED STATES

$65M38%

International

$52M31%

Latin America

$33M20%

Europe

$9M5%

Asia

$6M4%

CANADA

$4M2%