ASPN Q3 2024 Earnings — Aspen Aerogels, Inc. Revenue & Financial Results | Market Cap Arena

ASPNAspen Aerogels, Inc.

$270M

Q3 2024 Earnings

Industrials Construction

Income Statement

Revenue

$117M+93.1% YoY

Gross Profit

$49M41.8% margin

Operating Income

$17M14.8% margin

Net Income

-$13M-11.1% margin

EPS (Diluted)

$-0.17

QoQ Revenue Growth

-0.4%

Cash Flow

Operating Cash Flow

$21M

Free Cash Flow

-$50,000

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$783M

Total Liabilities

$275M

Stockholders' Equity

$508M

Cash & Equivalents

$113M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$117M	$61M	+93.1%
Gross Profit	$49M	$14M	+255.1%
Operating Income	$17M	-$15M	+218.9%
Net Income	-$13M	-$13M	+0.8%

Revenue Segments

Thermal Barrier

$91M77%

Energy Industrial

$27M23%

Geographic Segments

UNITED STATES

$73M45%

International

$44M27%

Latin America

$25M15%

Europe

$8M5%

CANADA

$6M4%

Asia

$4M3%