ASPN Q2 2025 Earnings — Aspen Aerogels, Inc. Revenue & Financial Results | Market Cap Arena

ASPNAspen Aerogels, Inc.

$270M

Q2 2025 Earnings

Industrials Construction

Income Statement

Revenue

$78M-33.7% YoY

Gross Profit

$25M32.4% margin

Operating Income

-$5M-6.6% margin

Net Income

-$9M-11.6% margin

EPS (Diluted)

$-0.11

QoQ Revenue Growth

-0.9%

Cash Flow

Operating Cash Flow

-$4M

Free Cash Flow

-$17M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$525M

Total Liabilities

$216M

Stockholders' Equity

$309M

Cash & Equivalents

$168M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$78M	$118M	-33.7%
Gross Profit	$25M	$52M	-50.9%
Operating Income	-$5M	$20M	-125.8%
Net Income	-$9M	$17M	-153.8%

Revenue Segments

Thermal Barrier

$55M71%

Energy Industrial

$23M29%

Geographic Segments

UNITED STATES

$49M45%

International

$30M27%

Latin America

$16M15%

Asia

$9M8%

Europe

$4M4%

CANADA

$1M1%