ASPN Q3 2023 Earnings — Aspen Aerogels, Inc. Revenue & Financial Results | Market Cap Arena

ASPNAspen Aerogels, Inc.

$270M

Q3 2023 Earnings

Industrials Construction

Income Statement

Revenue

$61M+65.5% YoY

Gross Profit

$14M22.7% margin

Operating Income

-$15M-24.1% margin

Net Income

-$13M-21.5% margin

EPS (Diluted)

$-0.19

QoQ Revenue Growth

+26.2%

Cash Flow

Operating Cash Flow

-$8M

Free Cash Flow

-$40M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$605M

Total Liabilities

$195M

Stockholders' Equity

$410M

Cash & Equivalents

$95M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$61M	$37M	+65.5%
Gross Profit	$14M	-$6M	+317.2%
Operating Income	-$15M	-$28M	+48.3%
Net Income	-$13M	-$30M	+55.8%

Revenue Segments

Thermal Barrier

$33M54%

Energy Industrial

$28M46%

Geographic Segments

UNITED STATES

$42M52%

International

$19M24%

Europe

$11M14%

Asia

$6M7%

Latin America

$1M1%

CANADA

$633,0001%