Aspen Aerogels, Inc. (ASPN) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 37.88M | 41.34M | 73.02M | 78.02M | 78.72M | 123.09M | 117.34M | 117.77M | 94.5M | 84.22M | 60.76M | 48.16M | 45.59M | 59.61M | 36.71M | 45.64M | 38.41M | 31.48M | 30.38M | 31.67M |
| Revenue Growth % | -51.88% | -66.42% | -37.77% | -33.75% | -16.7% | 46.15% | 93.14% | 144.55% | 107.3% | 41.28% | 65.52% | 5.52% | 18.69% | 89.39% | 20.82% | 44.11% | 36.69% | 36.74% | 25.56% | 28.53% |
| Cost of Goods Sold | 33.61M | 64.27M | 52.22M | 52.71M | 55.91M | 75.95M | 68.3M | 66.19M | 59.36M | 54.6M | 46.95M | 39.75M | 40.5M | 45.28M | 43.06M | 46.85M | 40.2M | 33.14M | 27.31M | 27.09M |
| COGS % of Revenue | 88.71% | 155.47% | 71.51% | 67.55% | 71.02% | 61.71% | 58.2% | 56.2% | 62.81% | 64.83% | 77.27% | 82.54% | 88.84% | 75.95% | 117.32% | 102.65% | 104.66% | 105.29% | 89.9% | 85.54% |
| Gross Profit | 4.28M | -22.93M | 20.8M | 25.32M | 22.81M | 47.13M | 49.04M | 51.58M | 35.14M | 29.62M | 13.81M | 8.41M | 5.09M | 14.33M | -6.36M | -1.21M | -1.79M | -1.67M | 3.07M | 4.58M |
| Gross Margin % | 11.29% | -55.47% | 28.49% | 32.45% | 28.98% | 38.29% | 41.8% | 43.8% | 37.19% | 35.17% | 22.73% | 17.46% | 11.16% | 24.05% | -17.32% | -2.65% | -4.66% | -5.29% | 10.1% | 14.46% |
| Gross Profit Growth % | -81.26% | -148.65% | -57.59% | -50.92% | -35.09% | 59.14% | 255.13% | 513.51% | 590.98% | 106.63% | 317.17% | 794.22% | 384.45% | 960.38% | -307.34% | -126.44% | -145.2% | -143.13% | 61.42% | 60.65% |
| Operating Expenses | 24.68M | -279.38M | 24.15M | 30.47M | 322.15M | 32.42M | 31.64M | 31.59M | 32.71M | 28.23M | 28.44M | 25.45M | 23.99M | 24M | 21.95M | 21.43M | 16.84M | 14.65M | 14.56M | 11.19M |
| OpEx % of Revenue | 65.15% | -675.83% | 33.07% | 39.05% | 409.22% | 26.34% | 26.97% | 26.83% | 34.61% | 33.53% | 46.82% | 52.85% | 52.63% | 40.26% | 59.8% | 46.97% | 43.84% | 46.53% | 47.94% | 35.35% |
| Selling, General & Admin | 21.96M | 21.69M | 20.09M | 20.78M | 21.42M | 27.21M | 27.05M | 27.03M | 25.52M | 24.16M | 24.23M | 21.49M | 19.89M | 19.8M | 17.26M | 16.99M | 13.24M | 11.33M | 11.49M | 8.59M |
| SG&A % of Revenue | 57.96% | 52.46% | 27.51% | 26.64% | 27.21% | 22.1% | 23.05% | 22.95% | 27% | 28.69% | 39.87% | 44.62% | 43.64% | 33.22% | 47.01% | 37.22% | 34.48% | 36.01% | 37.81% | 27.11% |
| Research & Development | 2.72M | 2.79M | 2.49M | 3.79M | 4.33M | 4.41M | 4.59M | 4.57M | 4.49M | 4.08M | 4.22M | 3.96M | 4.1M | 4.2M | 4.69M | 4.45M | 3.59M | 3.31M | 3.08M | 2.61M |
| R&D % of Revenue | 7.19% | 6.76% | 3.42% | 4.86% | 5.5% | 3.58% | 3.91% | 3.88% | 4.75% | 4.84% | 6.94% | 8.23% | 8.99% | 7.04% | 12.79% | 9.74% | 9.35% | 10.53% | 10.13% | 8.24% |
| Other Operating Expenses | 0 | -1000K | 1000K | 1000K | 1000K | 808K | 0 | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -20.41M | 256.45M | -3.35M | -5.16M | -299.34M | 14.71M | 17.4M | 19.99M | 2.44M | 1.38M | -14.63M | -17.04M | -18.91M | -9.67M | -28.31M | -22.65M | -18.62M | -16.31M | -11.5M | -6.61M |
| Operating Margin % | -53.87% | 620.36% | -4.59% | -6.61% | -380.25% | 11.95% | 14.83% | 16.97% | 2.58% | 1.64% | -24.09% | -35.39% | -41.48% | -16.22% | -77.12% | -49.62% | -48.49% | -51.83% | -37.85% | -20.88% |
| Operating Income Growth % | 93.18% | 1643.03% | -119.24% | -125.79% | -12388.22% | 963.85% | 218.9% | 217.26% | 112.88% | 114.31% | 48.31% | 24.74% | -1.52% | 40.74% | -146.21% | -242.39% | -201.6% | -166.06% | -71.51% | -17.1% |
| EBITDA | -13.95M | 284.63M | 2.04M | 641K | -293.55M | 20.15M | 22.72M | 25.97M | 8.22M | 6.62M | -9.3M | -12.77M | -16.2M | -7.14M | -25.78M | -20.61M | -16.5M | -13.17M | -8.85M | -4.51M |
| EBITDA Margin % | -36.83% | 688.52% | 2.8% | 0.82% | -372.89% | 16.37% | 19.36% | 22.05% | 8.7% | 7.86% | -15.31% | -26.51% | -35.55% | -11.97% | -70.23% | -45.16% | -42.95% | -41.83% | -29.12% | -14.24% |
| EBITDA Growth % | 95.25% | 1312.82% | -91% | -97.53% | -3670.27% | 204.46% | 344.23% | 303.41% | 150.74% | 192.73% | 63.91% | 38.06% | 1.77% | 45.8% | -191.38% | -357.05% | -366.38% | -265.45% | -112.72% | -46.14% |
| D&A (Non-Cash Add-back) | 6.46M | 28.18M | 5.39M | 5.8M | 5.79M | 5.43M | 5.32M | 5.99M | 5.79M | 5.23M | 5.33M | 4.28M | 2.7M | 2.53M | 2.53M | 2.03M | 2.13M | 3.15M | 2.65M | 2.1M |
| EBIT | -20.41M | -70.31M | -2.77M | -5.16M | -298.21M | 14.71M | -10.09M | 20.73M | 2.44M | 2.38M | -11.13M | -15.21M | -16.52M | -8.6M | -27.86M | -22.5M | -18.62M | -16.31M | -7.76M | -6.61M |
| Net Interest Income | 3.15M | -2.7M | -2.97M | -3.08M | -1.96M | -3.53M | -2.62M | -2.3M | -3.52M | -1.9M | -625K | 1.62M | 2.11M | 57K | -1.29M | -1.4M | -860K | -41K | -58K | -55K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 741K | 0 | 1M | 1.31M | 1.83M | 2.39M | 1.06M | 448K | 146K | 0 | 0 | 0 | 0 |
| Interest Expense | -3.15M | 2.7M | 2.97M | 3.08M | 1.96M | 3.53M | 2.62M | 3.04M | 3.52M | 2.9M | 1.94M | 211K | 275K | 1.01M | 1.73M | 1.55M | 860K | 41K | 58K | 55K |
| Other Income/Expense | -3.54M | -329.46M | -2.39M | -3.08M | -832K | -3.53M | -30.1M | -2.3M | -3.52M | -1.9M | 1.56M | 1.62M | 2.11M | 57K | -1.29M | -1.4M | -860K | -41K | 3.68M | -55K |
| Pretax Income | -23.94M | -73.01M | -5.74M | -8.23M | -300.17M | 11.19M | -12.7M | 17.68M | -1.08M | -519K | -13.07M | -15.42M | -16.8M | -9.61M | -29.59M | -24.05M | -19.48M | -16.35M | -7.82M | -6.67M |
| Pretax Margin % | -63.2% | -176.61% | -7.86% | -10.55% | -381.3% | 9.09% | -10.83% | 15.02% | -1.14% | -0.62% | -21.52% | -32.03% | -36.84% | -16.12% | -80.63% | -52.7% | -50.73% | -51.96% | -25.75% | -21.06% |
| Income Tax | -253K | -97K | 594K | 821K | 1.08M | -175K | 267K | 866K | 756K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 1.06% | 0.13% | -10.35% | -9.97% | -0.36% | -1.56% | -2.1% | 4.9% | -70.06% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -23.69M | -72.91M | -6.33M | -9.06M | -301.25M | 11.36M | -12.97M | 16.82M | -1.83M | -519K | -13.07M | -15.42M | -16.8M | -9.61M | -29.59M | -24.05M | -19.48M | -16.35M | -7.82M | -6.67M |
| Net Margin % | -62.54% | -176.38% | -8.67% | -11.61% | -382.67% | 9.23% | -11.05% | 14.28% | -1.94% | -0.62% | -21.52% | -32.03% | -36.84% | -16.12% | -80.63% | -52.7% | -50.73% | -51.96% | -25.75% | -21.06% |
| Net Income Growth % | 92.14% | -741.73% | 51.16% | -153.85% | -16316.84% | 2289.21% | 0.79% | 209.04% | 89.07% | 94.6% | 55.83% | 35.87% | 13.8% | 41.24% | -278.36% | -260.62% | -211.74% | -164.23% | -15.83% | -17.04% |
| Net Income (Continuing) | -23.69M | -72.91M | -6.33M | -9.06M | -301.25M | 11.36M | -12.97M | 16.82M | -1.83M | -519K | -13.07M | -15.42M | -16.8M | -9.61M | -29.59M | -24.05M | -19.48M | -16.35M | -7.82M | -6.67M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.29 | -0.88 | -0.08 | -0.11 | -3.67 | 0.14 | -0.17 | 0.21 | -0.02 | -0.01 | -0.19 | -0.22 | -0.22 | -0.19 | -0.78 | -0.68 | -0.62 | -0.50 | -0.24 | -0.23 |
| EPS Growth % | 92.1% | -728.57% | 52.94% | -152.38% | -15065.29% | - | 10.53% | 195.45% | 89% | 96.11% | 75.64% | 67.65% | 64.52% | 62% | -225% | -195.65% | -181.82% | -117.39% | 4% | -9.52% |
| EPS (Basic) | -0.29 | -0.88 | -0.08 | -0.11 | -3.67 | 0.14 | -0.17 | 0.22 | -0.02 | -0.01 | -0.19 | -0.22 | -0.22 | -0.19 | -0.78 | -0.68 | -0.62 | -0.50 | -0.24 | -0.23 |
| Diluted Shares Outstanding | 82.74M | 82.66M | 82.4M | 82.18M | 82.07M | 83M | 76.26M | 78.98M | 75.76M | 70.02M | 69.32M | 69.25M | 69.16M | 49.2M | 39.53M | 35.21M | 32.94M | 32.65M | 32.52M | 28.5M |
| Basic Shares Outstanding | 82.74M | 82.66M | 82.4M | 82.18M | 82.07M | 80.91M | 76.26M | 76.34M | 75.76M | 70.02M | 69.32M | 69.25M | 69.16M | 49.2M | 39.53M | 35.21M | 32.94M | 32.65M | 32.52M | 28.5M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |