ASPN Q3 2025 Earnings — Aspen Aerogels, Inc. Revenue & Financial Results | Market Cap Arena

ASPNAspen Aerogels, Inc.

$270M

Q3 2025 Earnings

Industrials Construction

Income Statement

Revenue

$73M-37.8% YoY

Gross Profit

$21M28.5% margin

Operating Income

-$3M-4.6% margin

Net Income

-$6M-8.7% margin

EPS (Diluted)

$-0.08

QoQ Revenue Growth

-6.4%

Cash Flow

Operating Cash Flow

$15M

Free Cash Flow

$6M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$491M

Total Liabilities

$186M

Stockholders' Equity

$306M

Cash & Equivalents

$151M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$73M	$117M	-37.8%
Gross Profit	$21M	$49M	-57.6%
Operating Income	-$3M	$17M	-119.2%
Net Income	-$6M	-$13M	+51.2%

Revenue Segments

Thermal Barrier

$49M67%

Energy Industrial

$24M33%

Geographic Segments

UNITED STATES

$58M66%

International

$15M17%

Asia

$6M7%

Europe

$5M6%

Latin America

$3M4%

CANADA

$461,0001%