Aspen Aerogels, Inc. (ASPN)

Aspen Aerogels Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	397.18	452.7	238.72	180.36	121.62	100.27
Revenue Growth (YoY)	11.18%	89.64%	32.35%	48.30%	21.29%	-28.06%
Cost of Revenue	252.87	265.7	181.8	175.39	111.69	85.68
Gross Profit	144.31	187	56.92	4.98	9.94	14.59
Selling, General & Admin	96.46	106.8	89.77	67.29	39.1	27.43
Research & Development	17.12	18.05	16.36	16.93	11.44	8.73
Operating Expenses	113.58	124.85	106.12	84.22	50.54	36.16
Operating Income	30.72	62.15	-49.2	-79.25	-40.6	-21.57
Interest Expense	-11.18	-11.96	-5.33	-5.11	-0.23	-0.24
Interest & Investment Income	-	-	6.53	1.62	-	-
Other Non Operating Income (Expenses)	1.13	-	-	-	-	-
EBT Excluding Unusual Items	20.67	50.19	-48	-82.74	-40.83	-21.81
Asset Writedown	-288.38	-7.61	-	-	-	-
Other Unusual Items	-27.49	-27.49	2.19	-	3.73	-
Pretax Income	-309.92	15.09	-45.81	-82.74	-37.09	-21.81
Income Tax Expense	1.99	1.71	-	-	-	-
Net Income	-311.91	13.38	-45.81	-82.74	-37.09	-21.81
Net Income to Common	-311.91	13.38	-45.81	-82.74	-37.09	-21.81
Shares Outstanding (Basic)	81	78	69	39	30	26
Shares Outstanding (Diluted)	81	80	69	39	30	26
Shares Change (YoY)	8.57%	15.65%	76.41%	29.34%	15.38%	9.45%
EPS (Basic)	-3.87	0.17	-0.66	-2.10	-1.22	-0.83
EPS (Diluted)	-3.87	0.17	-0.66	-2.10	-1.22	-0.83
Free Cash Flow	-3.3	-40.71	-218.07	-272.37	-32.41	-13.34
Free Cash Flow Per Share	-0.04	-0.51	-3.14	-6.92	-1.06	-0.51
Gross Margin	36.33%	41.31%	23.84%	2.76%	8.17%	14.55%
Operating Margin	7.74%	13.73%	-20.61%	-43.94%	-33.38%	-21.51%
Profit Margin	-78.53%	2.96%	-19.19%	-45.87%	-30.50%	-21.75%
Free Cash Flow Margin	-0.83%	-8.99%	-91.35%	-151.01%	-26.65%	-13.30%
EBITDA	53.07	84.67	-33.89	-70.02	-31.16	-11.37
EBITDA Margin	13.36%	18.70%	-14.19%	-38.82%	-25.62%	-11.34%
D&A For EBITDA	22.34	22.53	15.32	9.22	9.44	10.2
EBIT	30.72	62.15	-49.2	-79.25	-40.6	-21.57
EBIT Margin	7.74%	13.73%	-20.61%	-43.94%	-33.38%	-21.51%
Effective Tax Rate	-	11.36%	-	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q