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ASPEN AEROGELS INC

EDGAR

ASPN Quarterly report (10-Q) · filed 2026-08-07

Annual consolidated revenue for 2025: about USD 271.1M, using the latest reported figures. The previous period, 2024, was about USD 452.7M.

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Watchlist

Latest quarter

Revenue

49.8 million USD

2026 Q2 · USD

Exact inputs and evidence

Revenue: 49849000 USD Source

Operating margin

-57.74%

2026 Q2 · %

Exact inputs and evidence

Operating Income: -28784000 USD Source
Revenue: 49849000 USD Source

Operating cash flow

-16.2 million USD

2026 Q2 · USD

Exact inputs and evidence

Operating Cash Flow: 17900000 USD Source
Operating Cash Flow: 34100000 USD Source

Free cash flow

-18 million USD

2026 Q2 · USD

Exact inputs and evidence

Operating Cash Flow: 17900000 USD Source
Operating Cash Flow: 34100000 USD Source
Capital Expenditure: 3169000 USD Source
Capital Expenditure: 1367000 USD Source

Cash and cash equivalents: 152 million USD 2026-06-30 Source
Exact value

151700000 USD
Long-term debt including current maturities: 57 million USD 2026-06-30 Source
Exact value

56975000 USD
Shares outstanding: 83 million shares 2026-06-30 Source
Exact value

82988340 shares

Reported share-count change

0.89% · 735 thousand shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence

82253282 shares · 2025-06-30· Source
82988340 shares · 2026-06-30· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

202 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence

Revenue: 73017000 USD · 2025-07-01 – 2025-09-30 Source
Revenue: 271103000 USD · 2025-01-01 – 2025-12-31 Source
Revenue: 229764000 USD · 2025-01-01 – 2025-09-30 Source
Revenue: 37884000 USD · 2026-01-01 – 2026-03-31 Source
Revenue: 49849000 USD · 2026-04-01 – 2026-06-30 Source

Net income

-126 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence

Net income: -6334000 USD · 2025-07-01 – 2025-09-30 Source
Net income: -389552000 USD · 2025-01-01 – 2025-12-31 Source
Net income: -316639000 USD · 2025-01-01 – 2025-09-30 Source
Net income: -23691000 USD · 2026-01-01 – 2026-03-31 Source
Net income: -23264000 USD · 2026-04-01 – 2026-06-30 Source

Operating cash flow

49.1 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence

Operating cash flow: 16700000 USD · 2025-01-01 – 2025-09-30 Source
Operating cash flow: 1702000 USD · 2025-01-01 – 2025-06-30 Source
Operating cash flow: 32900000 USD · 2025-01-01 – 2025-12-31 Source
Operating cash flow: 16700000 USD · 2025-01-01 – 2025-09-30 Source
Operating cash flow: 34100000 USD · 2026-01-01 – 2026-03-31 Source
Operating cash flow: 17900000 USD · 2026-01-01 – 2026-06-30 Source
Operating cash flow: 34100000 USD · 2026-01-01 – 2026-03-31 Source

Capital expenditure

14.7 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence

Capital expenditure: 34985000 USD · 2025-01-01 – 2025-09-30 Source
Capital expenditure: 25883000 USD · 2025-01-01 – 2025-06-30 Source
Capital expenditure: 37449000 USD · 2025-01-01 – 2025-12-31 Source
Capital expenditure: 34985000 USD · 2025-01-01 – 2025-09-30 Source
Capital expenditure: 1367000 USD · 2026-01-01 – 2026-03-31 Source
Capital expenditure: 3169000 USD · 2026-01-01 – 2026-06-30 Source
Capital expenditure: 1367000 USD · 2026-01-01 – 2026-03-31 Source

Free cash flow

34.4 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence

Operating cash flow: 16700000 USD · 2025-01-01 – 2025-09-30 Source
Operating cash flow: 1702000 USD · 2025-01-01 – 2025-06-30 Source
Operating cash flow: 32900000 USD · 2025-01-01 – 2025-12-31 Source
Operating cash flow: 16700000 USD · 2025-01-01 – 2025-09-30 Source
Operating cash flow: 34100000 USD · 2026-01-01 – 2026-03-31 Source
Operating cash flow: 17900000 USD · 2026-01-01 – 2026-06-30 Source
Operating cash flow: 34100000 USD · 2026-01-01 – 2026-03-31 Source
Capital expenditure: 34985000 USD · 2025-01-01 – 2025-09-30 Source
Capital expenditure: 25883000 USD · 2025-01-01 – 2025-06-30 Source
Capital expenditure: 37449000 USD · 2025-01-01 – 2025-12-31 Source
Capital expenditure: 34985000 USD · 2025-01-01 – 2025-09-30 Source
Capital expenditure: 1367000 USD · 2026-01-01 – 2026-03-31 Source
Capital expenditure: 3169000 USD · 2026-01-01 – 2026-06-30 Source
Capital expenditure: 1367000 USD · 2026-01-01 – 2026-03-31 Source

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-08-07.

Financial data available through: 2025-12-31.

Coverage by financial measure

Revenue: 11 of 11 periods available· newest 2025-12-31
Operating income: 11 of 11 periods available· newest 2025-12-31
Net income: 11 of 11 periods available· newest 2025-12-31
Operating cash flow: 11 of 11 periods available· newest 2025-12-31
Capital expenditure: 11 of 11 periods available· newest 2025-12-31
Total assets: 11 of 11 periods available· newest 2025-12-31
Total liabilities: 11 of 11 periods available· newest 2025-12-31
Current assets: 11 of 11 periods available· newest 2025-12-31
Current liabilities: 11 of 11 periods available· newest 2025-12-31
Cash and cash equivalents: 11 of 11 periods available· newest 2025-12-31
Long-term debt including current maturities: 3 of 11 periods available· newest 2025-12-31
Shares outstanding: 11 of 11 periods available· newest 2025-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

Revenue
-40.1%

Prior period

USD 452.7 million

2024-01-01 – 2024-12-31
Current period

USD 271.1 million

2025-01-01 – 2025-12-31

Exact inputs and evidence

271103000 − 452699000 = -181596000 USD

452699000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
271103000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Revenue · ASPEN AEROGELS INC · 2025-12-31 ASPEN AEROGELS INC (edgar:1145986) Year-over-year change in Revenue: -181596000 USD Concept: fundies:Revenue Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T13:16:23Z Snapshot: f66742f19529a543d1ef093e1ac03b61316764889d581770ca251ef55ae25841 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1145986?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:Revenue: 271103000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000119312526119892/aspn-20251231.htm#2715375 Filing: 000119312526119892 Input fundies:Revenue: 452699000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000119312526119892/aspn-20251231.htm#2717131 Filing: 000119312526119892
The citation records this snapshot. The page link may show a newer release later.
Net income
-3,012.5%

Prior period

USD 13.38 million

2024-01-01 – 2024-12-31
Current period

−USD 389.55 million

2025-01-01 – 2025-12-31

Exact inputs and evidence

-389552000 − 13375000 = -402927000 USD

13375000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
-389552000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Net income · ASPEN AEROGELS INC · 2025-12-31 ASPEN AEROGELS INC (edgar:1145986) Year-over-year change in Net income: -402927000 USD Concept: fundies:NetIncome Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T13:16:23Z Snapshot: f66742f19529a543d1ef093e1ac03b61316764889d581770ca251ef55ae25841 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1145986?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:NetIncome: -389552000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000119312526119892/aspn-20251231.htm#2627364 Filing: 000119312526119892 Input fundies:NetIncome: 13375000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000119312526119892/aspn-20251231.htm#2629127 Filing: 000119312526119892
The citation records this snapshot. The page link may show a newer release later.
Operating cash flow
-27.8%

Prior period

USD 45.55 million

2024-01-01 – 2024-12-31
Current period

USD 32.9 million

2025-01-01 – 2025-12-31

Exact inputs and evidence

32900000 − 45549000 = -12649000 USD

45549000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
32900000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Operating cash flow · ASPEN AEROGELS INC · 2025-12-31 ASPEN AEROGELS INC (edgar:1145986) Year-over-year change in Operating cash flow: -12649000 USD Concept: fundies:OperatingCashFlow Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T13:16:23Z Snapshot: f66742f19529a543d1ef093e1ac03b61316764889d581770ca251ef55ae25841 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1145986?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:OperatingCashFlow: 32900000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000119312526119892/aspn-20251231.htm#1169918 Filing: 000119312526119892 Input fundies:OperatingCashFlow: 45549000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000119312526119892/aspn-20251231.htm#1006115 Filing: 000119312526119892
The citation records this snapshot. The page link may show a newer release later.
Capital expenditure
-56.6%

Prior period

USD 86.26 million

2024-01-01 – 2024-12-31
Current period

USD 37.45 million

2025-01-01 – 2025-12-31

Exact inputs and evidence

37449000 − 86262000 = -48813000 USD

86262000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
37449000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Capital expenditure · ASPEN AEROGELS INC · 2025-12-31 ASPEN AEROGELS INC (edgar:1145986) Year-over-year change in Capital expenditure: -48813000 USD Concept: fundies:CapitalExpenditure Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T13:16:23Z Snapshot: f66742f19529a543d1ef093e1ac03b61316764889d581770ca251ef55ae25841 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1145986?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:CapitalExpenditure: 37449000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000119312526119892/aspn-20251231.htm#1013872 Filing: 000119312526119892 Input fundies:CapitalExpenditure: 86262000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000119312526119892/aspn-20251231.htm#1015743 Filing: 000119312526119892
The citation records this snapshot. The page link may show a newer release later.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

Revenue USD 271.1 million 100% of revenue
Cost of revenue USD 225.11 million 83% of revenue
Operating expenses USD 424.23 million 156% of revenue
Operating income −USD 378.23 million −140% of revenue
Tax, interest and other Derived USD 11.32 million 4.2% of revenue
Net income −USD 389.55 million −144% of revenue

Cash

Operating cash flow USD 32.9 million 12% of revenue
Capital expenditure USD 37.45 million 14% of revenue
Free cash flow Derived −USD 4.55 million −1.7% of revenue

Share of revenue by period

Net income
Tax, interest and other
Operating costs

2016 Operating loss: operating costs were 110% of revenue.
2017 Operating loss: operating costs were 117% of revenue.
2018 Operating loss: operating costs were 132% of revenue.
2019 Operating loss: operating costs were 110% of revenue.
2020 Operating loss: operating costs were 122% of revenue.
2021 Operating loss: operating costs were 133% of revenue.
2022 Operating loss: operating costs were 144% of revenue.
2023 Operating loss: operating costs were 121% of revenue.
2024 9.1%88%
2025 Operating loss: operating costs were 240% of revenue.

Values and sources

Revenue breakdown by annual reporting period
Period	Revenue	Operating costs	Operating income	Tax, interest and other	Net income	Free cash flow	Source
2016 2016-01-01 – 2016-12-31	117738000	128958000 Derived	-11220000	803000 Derived	-12023000	-13794000 Derived	Source 2016-01-01 – 2016-12-31: 117738000 USD Inspect Revenue Open source 2016-01-01 – 2016-12-31: -11220000 USD Inspect Operating Income Open source 2016-01-01 – 2016-12-31: -12023000 USD Inspect Net Income Open source 2016-01-01 – 2016-12-31: -578000 USD Inspect Operating Cash Flow Open source 2016-01-01 – 2016-12-31: 13216000 USD Inspect Capital Expenditure Open source
2017 2017-01-01 – 2017-12-31	111631000	130767000 Derived	-19136000	185000 Derived	-19321000	-10724000 Derived	Source 2017-01-01 – 2017-12-31: 111631000 USD Inspect Revenue Open source 2017-01-01 – 2017-12-31: -19136000 USD Inspect Operating Income Open source 2017-01-01 – 2017-12-31: -19321000 USD Inspect Net Income Open source 2017-01-01 – 2017-12-31: -4606000 USD Inspect Operating Cash Flow Open source 2017-01-01 – 2017-12-31: 6118000 USD Inspect Capital Expenditure Open source
2018 2018-01-01 – 2018-12-31	104361000	138277000 Derived	-33916000	524000 Derived	-34440000	-12247000 Derived	Source 2018-01-01 – 2018-12-31: 104361000 USD Inspect Revenue Open source 2018-01-01 – 2018-12-31: -33916000 USD Inspect Operating Income Open source 2018-01-01 – 2018-12-31: -34440000 USD Inspect Net Income Open source 2018-01-01 – 2018-12-31: -8654000 USD Inspect Operating Cash Flow Open source 2018-01-01 – 2018-12-31: 3593000 USD Inspect Capital Expenditure Open source
2019 2019-01-01 – 2019-12-31	139375000	153534000 Derived	-14159000	406000 Derived	-14565000	-3166000 Derived	Source 2019-01-01 – 2019-12-31: 139375000 USD Inspect Revenue Open source 2019-01-01 – 2019-12-31: -14159000 USD Inspect Operating Income Open source 2019-01-01 – 2019-12-31: -14565000 USD Inspect Net Income Open source 2019-01-01 – 2019-12-31: -1054000 USD Inspect Operating Cash Flow Open source 2019-01-01 – 2019-12-31: 2112000 USD Inspect Capital Expenditure Open source
2020 2020-01-01 – 2020-12-31	100273000	121842000 Derived	-21569000	240000 Derived	-21809000	-13340000 Derived	Source 2020-01-01 – 2020-12-31: 100273000 USD Inspect Revenue Open source 2020-01-01 – 2020-12-31: -21569000 USD Inspect Operating Income Open source 2020-01-01 – 2020-12-31: -21809000 USD Inspect Net Income Open source 2020-01-01 – 2020-12-31: -9924000 USD Inspect Operating Cash Flow Open source 2020-01-01 – 2020-12-31: 3416000 USD Inspect Capital Expenditure Open source
2021 2021-01-01 – 2021-12-31	121622000	162221000 Derived	-40599000	-3505000 Derived	-37094000	-32406000 Derived	Source 2021-01-01 – 2021-12-31: 121622000 USD Inspect Revenue Open source 2021-01-01 – 2021-12-31: -40599000 USD Inspect Operating Income Open source 2021-01-01 – 2021-12-31: -37094000 USD Inspect Net Income Open source 2021-01-01 – 2021-12-31: -18628000 USD Inspect Operating Cash Flow Open source 2021-01-01 – 2021-12-31: 13778000 USD Inspect Capital Expenditure Open source
2022 2022-01-01 – 2022-12-31	180364000	259609000 Derived	-79245000	3493000 Derived	-82738000	-272373000 Derived	Source 2022-01-01 – 2022-12-31: 180364000 USD Inspect Revenue Open source 2022-01-01 – 2022-12-31: -79245000 USD Inspect Operating Income Open source 2022-01-01 – 2022-12-31: -82738000 USD Inspect Net Income Open source 2022-01-01 – 2022-12-31: -94399000 USD Inspect Operating Cash Flow Open source 2022-01-01 – 2022-12-31: 177974000 USD Inspect Capital Expenditure Open source
2023 2023-01-01 – 2023-12-31	238718000	287921000 Derived	-49203000	-3392000 Derived	-45811000	-218067000 Derived	Source 2023-01-01 – 2023-12-31: 238718000 USD Inspect Revenue Open source 2023-01-01 – 2023-12-31: -49203000 USD Inspect Operating Income Open source 2023-01-01 – 2023-12-31: -45811000 USD Inspect Net Income Open source 2023-01-01 – 2023-12-31: -42612000 USD Inspect Operating Cash Flow Open source 2023-01-01 – 2023-12-31: 175455000 USD Inspect Capital Expenditure Open source
2024 2024-01-01 – 2024-12-31	452699000	398164000 Derived	54535000	41160000 Derived	13375000	-40713000 Derived	Source 2024-01-01 – 2024-12-31: 452699000 USD Inspect Revenue Open source 2024-01-01 – 2024-12-31: 54535000 USD Inspect Operating Income Open source 2024-01-01 – 2024-12-31: 13375000 USD Inspect Net Income Open source 2024-01-01 – 2024-12-31: 45549000 USD Inspect Operating Cash Flow Open source 2024-01-01 – 2024-12-31: 86262000 USD Inspect Capital Expenditure Open source
2025 2025-01-01 – 2025-12-31	271103000	649331000 Derived	-378228000	11324000 Derived	-389552000	-4549000 Derived	Source 2025-01-01 – 2025-12-31: 271103000 USD Inspect Revenue Open source 2025-01-01 – 2025-12-31: -378228000 USD Inspect Operating Income Open source 2025-01-01 – 2025-12-31: -389552000 USD Inspect Net Income Open source 2025-01-01 – 2025-12-31: 32900000 USD Inspect Operating Cash Flow Open source 2025-01-01 – 2025-12-31: 37449000 USD Inspect Capital Expenditure Open source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 271.1M 2025

Values and sources

Revenue values and source evidence
Period	Series	Value(USD)	Source evidence
20162016-12-31	Revenue	117738000	Revenue: 117738000 Open source
20172017-12-31	Revenue	111631000	Revenue: 111631000 Open source
20182018-12-31	Revenue	104361000	Revenue: 104361000 Open source
20192019-12-31	Revenue	139375000	Revenue: 139375000 Open source
20202020-12-31	Revenue	100273000	Revenue: 100273000 Open source
20212021-12-31	Revenue	121622000	Revenue: 121622000 Open source
20222022-12-31	Revenue	180364000	Revenue: 180364000 Open source
20232023-12-31	Revenue	238718000	Revenue: 238718000 Open source
20242024-12-31	Revenue	452699000	Revenue: 452699000 Open source
20252025-12-31	Revenue	271103000	Revenue: 271103000 Open source

Revenue growth

Change in revenue from the same financial period one year earlier.

-40.1% 2025

Values and sources

Revenue growth values and source evidence
Period	Series	Value	Source evidence
20162016-12-31	Year over year	-3.9%	Revenue: 117738000 Open source Revenue: 122518000 Open source
20172017-12-31	Year over year	-5.2%	Revenue: 111631000 Open source Revenue: 117738000 Open source
20182018-12-31	Year over year	-6.5%	Revenue: 104361000 Open source Revenue: 111631000 Open source
20192019-12-31	Year over year	33.6%	Revenue: 139375000 Open source Revenue: 104361000 Open source
20202020-12-31	Year over year	-28.1%	Revenue: 100273000 Open source Revenue: 139375000 Open source
20212021-12-31	Year over year	21.3%	Revenue: 121622000 Open source Revenue: 100273000 Open source
20222022-12-31	Year over year	48.3%	Revenue: 180364000 Open source Revenue: 121622000 Open source
20232023-12-31	Year over year	32.4%	Revenue: 238718000 Open source Revenue: 180364000 Open source
20242024-12-31	Year over year	89.6%	Revenue: 452699000 Open source Revenue: 238718000 Open source
20252025-12-31	Year over year	-40.1%	Revenue: 271103000 Open source Revenue: 452699000 Open source

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin -139.5% 2025

Net margin -143.7% 2025

Free cash flow margin -1.7% 2025

Operating margin
Net margin
Free cash flow margin

Values and sources

Profit margins values and source evidence
Period	Series	Value	Source evidence
20162016-12-31	Operating margin	-9.5%	Operating Income: -11220000 Open source Revenue: 117738000 Open source
20172017-12-31	Operating margin	-17.1%	Operating Income: -19136000 Open source Revenue: 111631000 Open source
20182018-12-31	Operating margin	-32.5%	Operating Income: -33916000 Open source Revenue: 104361000 Open source
20192019-12-31	Operating margin	-10.2%	Operating Income: -14159000 Open source Revenue: 139375000 Open source
20202020-12-31	Operating margin	-21.5%	Operating Income: -21569000 Open source Revenue: 100273000 Open source
20212021-12-31	Operating margin	-33.4%	Operating Income: -40599000 Open source Revenue: 121622000 Open source
20222022-12-31	Operating margin	-43.9%	Operating Income: -79245000 Open source Revenue: 180364000 Open source
20232023-12-31	Operating margin	-20.6%	Operating Income: -49203000 Open source Revenue: 238718000 Open source
20242024-12-31	Operating margin	12%	Operating Income: 54535000 Open source Revenue: 452699000 Open source
20252025-12-31	Operating margin	-139.5%	Operating Income: -378228000 Open source Revenue: 271103000 Open source
20162016-12-31	Net margin	-10.2%	Net Income: -12023000 Open source Revenue: 117738000 Open source
20172017-12-31	Net margin	-17.3%	Net Income: -19321000 Open source Revenue: 111631000 Open source
20182018-12-31	Net margin	-33%	Net Income: -34440000 Open source Revenue: 104361000 Open source
20192019-12-31	Net margin	-10.5%	Net Income: -14565000 Open source Revenue: 139375000 Open source
20202020-12-31	Net margin	-21.7%	Net Income: -21809000 Open source Revenue: 100273000 Open source
20212021-12-31	Net margin	-30.5%	Net Income: -37094000 Open source Revenue: 121622000 Open source
20222022-12-31	Net margin	-45.9%	Net Income: -82738000 Open source Revenue: 180364000 Open source
20232023-12-31	Net margin	-19.2%	Net Income: -45811000 Open source Revenue: 238718000 Open source
20242024-12-31	Net margin	3%	Net Income: 13375000 Open source Revenue: 452699000 Open source
20252025-12-31	Net margin	-143.7%	Net Income: -389552000 Open source Revenue: 271103000 Open source
20162016-12-31	Free cash flow margin	-11.7%	Revenue: 117738000 Open source Operating Cash Flow: -578000 Open source Capital Expenditure: 13216000 Open source
20172017-12-31	Free cash flow margin	-9.6%	Revenue: 111631000 Open source Operating Cash Flow: -4606000 Open source Capital Expenditure: 6118000 Open source
20182018-12-31	Free cash flow margin	-11.7%	Revenue: 104361000 Open source Operating Cash Flow: -8654000 Open source Capital Expenditure: 3593000 Open source
20192019-12-31	Free cash flow margin	-2.3%	Revenue: 139375000 Open source Operating Cash Flow: -1054000 Open source Capital Expenditure: 2112000 Open source
20202020-12-31	Free cash flow margin	-13.3%	Revenue: 100273000 Open source Operating Cash Flow: -9924000 Open source Capital Expenditure: 3416000 Open source
20212021-12-31	Free cash flow margin	-26.6%	Revenue: 121622000 Open source Operating Cash Flow: -18628000 Open source Capital Expenditure: 13778000 Open source
20222022-12-31	Free cash flow margin	-151%	Revenue: 180364000 Open source Operating Cash Flow: -94399000 Open source Capital Expenditure: 177974000 Open source
20232023-12-31	Free cash flow margin	-91.3%	Revenue: 238718000 Open source Operating Cash Flow: -42612000 Open source Capital Expenditure: 175455000 Open source
20242024-12-31	Free cash flow margin	-9%	Revenue: 452699000 Open source Operating Cash Flow: 45549000 Open source Capital Expenditure: 86262000 Open source
20252025-12-31	Free cash flow margin	-1.7%	Revenue: 271103000 Open source Operating Cash Flow: 32900000 Open source Capital Expenditure: 37449000 Open source

Operating cash flow

Cash generated by the company’s normal business operations.

USD 32.9M 2025

Values and sources

Operating cash flow values and source evidence
Period	Series	Value(USD)	Source evidence
20162016-12-31	Operating cash flow	-578000	Operating Cash Flow: -578000 Open source
20172017-12-31	Operating cash flow	-4606000	Operating Cash Flow: -4606000 Open source
20182018-12-31	Operating cash flow	-8654000	Operating Cash Flow: -8654000 Open source
20192019-12-31	Operating cash flow	-1054000	Operating Cash Flow: -1054000 Open source
20202020-12-31	Operating cash flow	-9924000	Operating Cash Flow: -9924000 Open source
20212021-12-31	Operating cash flow	-18628000	Operating Cash Flow: -18628000 Open source
20222022-12-31	Operating cash flow	-94399000	Operating Cash Flow: -94399000 Open source
20232023-12-31	Operating cash flow	-42612000	Operating Cash Flow: -42612000 Open source
20242024-12-31	Operating cash flow	45549000	Operating Cash Flow: 45549000 Open source
20252025-12-31	Operating cash flow	32900000	Operating Cash Flow: 32900000 Open source

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD -4.5M 2025

Values and sources

Free cash flow values and source evidence
Period	Series	Value(USD)	Source evidence
20162016-12-31	Free cash flow	-13794000	Operating Cash Flow: -578000 Open source Capital Expenditure: 13216000 Open source
20172017-12-31	Free cash flow	-10724000	Operating Cash Flow: -4606000 Open source Capital Expenditure: 6118000 Open source
20182018-12-31	Free cash flow	-12247000	Operating Cash Flow: -8654000 Open source Capital Expenditure: 3593000 Open source
20192019-12-31	Free cash flow	-3166000	Operating Cash Flow: -1054000 Open source Capital Expenditure: 2112000 Open source
20202020-12-31	Free cash flow	-13340000	Operating Cash Flow: -9924000 Open source Capital Expenditure: 3416000 Open source
20212021-12-31	Free cash flow	-32406000	Operating Cash Flow: -18628000 Open source Capital Expenditure: 13778000 Open source
20222022-12-31	Free cash flow	-272373000	Operating Cash Flow: -94399000 Open source Capital Expenditure: 177974000 Open source
20232023-12-31	Free cash flow	-218067000	Operating Cash Flow: -42612000 Open source Capital Expenditure: 175455000 Open source
20242024-12-31	Free cash flow	-40713000	Operating Cash Flow: 45549000 Open source Capital Expenditure: 86262000 Open source
20252025-12-31	Free cash flow	-4549000	Operating Cash Flow: 32900000 Open source Capital Expenditure: 37449000 Open source

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

42.1% 2025

Values and sources

Liabilities to assets values and source evidence
Period	Series	Value	Source evidence
20162016-12-31	Liabilities / assets	14.2%	Total Liabilities: 19105000 Open source Total Assets: 134669000 Open source
20172017-12-31	Liabilities / assets	18.5%	Total Liabilities: 22872000 Open source Total Assets: 123815000 Open source
20182018-12-31	Liabilities / assets	29.1%	Total Liabilities: 28769000 Open source Total Assets: 99023000 Open source
20192019-12-31	Liabilities / assets	43%	Total Liabilities: 44512000 Open source Total Assets: 103502000 Open source
20202020-12-31	Liabilities / assets	30.4%	Total Liabilities: 29572000 Open source Total Assets: 97424000 Open source
20212021-12-31	Liabilities / assets	29.8%	Total Liabilities: 54546000 Open source Total Assets: 182954000 Open source
20222022-12-31	Liabilities / assets	30.5%	Total Liabilities: 195981000 Open source Total Assets: 643416000 Open source
20232023-12-31	Liabilities / assets	30.6%	Total Liabilities: 214993000 Open source Total Assets: 703048000 Open source
20242024-12-31	Liabilities / assets	31.3%	Total Liabilities: 280439000 Open source Total Assets: 895144000 Open source
20252025-12-31	Liabilities / assets	42.1%	Total Liabilities: 171161000 Open source Total Assets: 406679000 Open source

Current assets to current liabilities

Current assets divided by current liabilities.

3.9× 2025

Values and sources

Current assets to current liabilities values and source evidence
Period	Series	Value	Source evidence
20162016-12-31	Current assets / current liabilities	2.77×	Current Assets: 50186000 Open source Current Liabilities: 18130000 Open source
20172017-12-31	Current assets / current liabilities	2.21×	Current Assets: 47662000 Open source Current Liabilities: 21569000 Open source
20182018-12-31	Current assets / current liabilities	1.61×	Current Assets: 37251000 Open source Current Liabilities: 23066000 Open source
20192019-12-31	Current assets / current liabilities	1.5×	Current Assets: 45769000 Open source Current Liabilities: 30434000 Open source
20202020-12-31	Current assets / current liabilities	3.38×	Current Assets: 47123000 Open source Current Liabilities: 13927000 Open source
20212021-12-31	Current assets / current liabilities	3.07×	Current Assets: 112150000 Open source Current Liabilities: 36555000 Open source
20222022-12-31	Current assets / current liabilities	4.68×	Current Assets: 369685000 Open source Current Liabilities: 78945000 Open source
20232023-12-31	Current assets / current liabilities	3.41×	Current Assets: 266331000 Open source Current Liabilities: 78095000 Open source
20242024-12-31	Current assets / current liabilities	3.72×	Current Assets: 409448000 Open source Current Liabilities: 110112000 Open source
20252025-12-31	Current assets / current liabilities	3.9×	Current Assets: 242053000 Open source Current Liabilities: 62025000 Open source

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
Period	Net income	Operating cash flow	Capital expenditure	Free cash flow
2016 2016-01-01 – 2016-12-31	−USD 12.02 million Exact value Exact value: -12023000 USD 2016-01-01 – 2016-12-31: -12023000 USD Inspect Net Income Open source Share or cite Citation for Net Income · ASPEN AEROGELS INC · 2016-12-31 ASPEN AEROGELS INC (edgar:1145986) Net Income: -12023000 USD Concept: fundies:NetIncome Period: 2016-01-01 to 2016-12-31 Values: Latest reported Published: 2026-11-02T13:16:23Z Snapshot: f66742f19529a543d1ef093e1ac03b61316764889d581770ca251ef55ae25841 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1145986/explain?concept=fundies%3ANetIncome&period=2016-12-31&surface=latest&period_type=duration&start=2016-01-01&unit=USD&dimensions= Input fundies:NetIncome: -12023000 USD (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000156459019006884/aspn-20181231.xml#159909 Filing: 000156459019006884 The citation records this snapshot. The page link may show a newer release later.	−USD 578,000 Exact value Exact value: -578000 USD 2016-01-01 – 2016-12-31: -578000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · ASPEN AEROGELS INC · 2016-12-31 ASPEN AEROGELS INC (edgar:1145986) Operating Cash Flow: -578000 USD Concept: fundies:OperatingCashFlow Period: 2016-01-01 to 2016-12-31 Values: Latest reported Published: 2026-11-02T13:16:23Z Snapshot: f66742f19529a543d1ef093e1ac03b61316764889d581770ca251ef55ae25841 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1145986/explain?concept=fundies%3AOperatingCashFlow&period=2016-12-31&surface=latest&period_type=duration&start=2016-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -578000 USD (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000156459019006884/aspn-20181231.xml#178951 Filing: 000156459019006884 The citation records this snapshot. The page link may show a newer release later.	USD 13.22 million Exact value Exact value: 13216000 USD 2016-01-01 – 2016-12-31: 13216000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · ASPEN AEROGELS INC · 2016-12-31 ASPEN AEROGELS INC (edgar:1145986) Capital Expenditure: 13216000 USD Concept: fundies:CapitalExpenditure Period: 2016-01-01 to 2016-12-31 Values: Latest reported Published: 2026-11-02T13:16:23Z Snapshot: f66742f19529a543d1ef093e1ac03b61316764889d581770ca251ef55ae25841 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1145986/explain?concept=fundies%3ACapitalExpenditure&period=2016-12-31&surface=latest&period_type=duration&start=2016-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 13216000 USD (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000156459019006884/aspn-20181231.xml#179581 Filing: 000156459019006884 The citation records this snapshot. The page link may show a newer release later.	−USD 13.79 million Calculation and evidence -578000 − 13216000 USD Exact free cash flow: -13794000 USD 2016-01-01 – 2016-12-31: -578000 USD · Inspect Operating Cash Flow · Source 2016-01-01 – 2016-12-31: 13216000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · ASPEN AEROGELS INC · 2016-12-31 ASPEN AEROGELS INC (edgar:1145986) Free cash flow: -13794000 USD Concept: free-cash-flow Period: 2016-01-01 to 2016-12-31 Values: Latest reported Published: 2026-11-02T13:16:23Z Snapshot: f66742f19529a543d1ef093e1ac03b61316764889d581770ca251ef55ae25841 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1145986?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -578000 USD (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000156459019006884/aspn-20181231.xml#178951 Filing: 000156459019006884 Input fundies:CapitalExpenditure: 13216000 USD (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000156459019006884/aspn-20181231.xml#179581 Filing: 000156459019006884 The citation records this snapshot. The page link may show a newer release later.
2017 2017-01-01 – 2017-12-31	−USD 19.32 million Exact value Exact value: -19321000 USD 2017-01-01 – 2017-12-31: -19321000 USD Inspect Net Income Open source Share or cite Citation for Net Income · ASPEN AEROGELS INC · 2017-12-31 ASPEN AEROGELS INC (edgar:1145986) Net Income: -19321000 USD Concept: fundies:NetIncome Period: 2017-01-01 to 2017-12-31 Values: Latest reported Published: 2026-11-02T13:16:23Z Snapshot: f66742f19529a543d1ef093e1ac03b61316764889d581770ca251ef55ae25841 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1145986/explain?concept=fundies%3ANetIncome&period=2017-12-31&surface=latest&period_type=duration&start=2017-01-01&unit=USD&dimensions= Input fundies:NetIncome: -19321000 USD (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000156459020009181/aspn-20191231.xml#182508 Filing: 000156459020009181 The citation records this snapshot. The page link may show a newer release later.	−USD 4.61 million Exact value Exact value: -4606000 USD 2017-01-01 – 2017-12-31: -4606000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · ASPEN AEROGELS INC · 2017-12-31 ASPEN AEROGELS INC (edgar:1145986) Operating Cash Flow: -4606000 USD Concept: fundies:OperatingCashFlow Period: 2017-01-01 to 2017-12-31 Values: Latest reported Published: 2026-11-02T13:16:23Z Snapshot: f66742f19529a543d1ef093e1ac03b61316764889d581770ca251ef55ae25841 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1145986/explain?concept=fundies%3AOperatingCashFlow&period=2017-12-31&surface=latest&period_type=duration&start=2017-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -4606000 USD (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000156459020009181/aspn-20191231.xml#202058 Filing: 000156459020009181 The citation records this snapshot. The page link may show a newer release later.	USD 6.12 million Exact value Exact value: 6118000 USD 2017-01-01 – 2017-12-31: 6118000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · ASPEN AEROGELS INC · 2017-12-31 ASPEN AEROGELS INC (edgar:1145986) Capital Expenditure: 6118000 USD Concept: fundies:CapitalExpenditure Period: 2017-01-01 to 2017-12-31 Values: Latest reported Published: 2026-11-02T13:16:23Z Snapshot: f66742f19529a543d1ef093e1ac03b61316764889d581770ca251ef55ae25841 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1145986/explain?concept=fundies%3ACapitalExpenditure&period=2017-12-31&surface=latest&period_type=duration&start=2017-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 6118000 USD (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000156459020009181/aspn-20191231.xml#202689 Filing: 000156459020009181 The citation records this snapshot. The page link may show a newer release later.	−USD 10.72 million Calculation and evidence -4606000 − 6118000 USD Exact free cash flow: -10724000 USD 2017-01-01 – 2017-12-31: -4606000 USD · Inspect Operating Cash Flow · Source 2017-01-01 – 2017-12-31: 6118000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · ASPEN AEROGELS INC · 2017-12-31 ASPEN AEROGELS INC (edgar:1145986) Free cash flow: -10724000 USD Concept: free-cash-flow Period: 2017-01-01 to 2017-12-31 Values: Latest reported Published: 2026-11-02T13:16:23Z Snapshot: f66742f19529a543d1ef093e1ac03b61316764889d581770ca251ef55ae25841 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1145986?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -4606000 USD (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000156459020009181/aspn-20191231.xml#202058 Filing: 000156459020009181 Input fundies:CapitalExpenditure: 6118000 USD (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000156459020009181/aspn-20191231.xml#202689 Filing: 000156459020009181 The citation records this snapshot. The page link may show a newer release later.
2018 2018-01-01 – 2018-12-31	−USD 34.44 million Exact value Exact value: -34440000 USD 2018-01-01 – 2018-12-31: -34440000 USD Inspect Net Income Open source Share or cite Citation for Net Income · ASPEN AEROGELS INC · 2018-12-31 ASPEN AEROGELS INC (edgar:1145986) Net Income: -34440000 USD Concept: fundies:NetIncome Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T13:16:23Z Snapshot: f66742f19529a543d1ef093e1ac03b61316764889d581770ca251ef55ae25841 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1145986/explain?concept=fundies%3ANetIncome&period=2018-12-31&surface=latest&period_type=duration&start=2018-01-01&unit=USD&dimensions= Input fundies:NetIncome: -34440000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000156459021012925/aspn-10k_20201231.htm#4478346 Filing: 000156459021012925 The citation records this snapshot. The page link may show a newer release later.	−USD 8.65 million Exact value Exact value: -8654000 USD 2018-01-01 – 2018-12-31: -8654000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · ASPEN AEROGELS INC · 2018-12-31 ASPEN AEROGELS INC (edgar:1145986) Operating Cash Flow: -8654000 USD Concept: fundies:OperatingCashFlow Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T13:16:23Z Snapshot: f66742f19529a543d1ef093e1ac03b61316764889d581770ca251ef55ae25841 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1145986/explain?concept=fundies%3AOperatingCashFlow&period=2018-12-31&surface=latest&period_type=duration&start=2018-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -8654000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000156459021012925/aspn-10k_20201231.htm#3410899 Filing: 000156459021012925 The citation records this snapshot. The page link may show a newer release later.	USD 3.59 million Exact value Exact value: 3593000 USD 2018-01-01 – 2018-12-31: 3593000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · ASPEN AEROGELS INC · 2018-12-31 ASPEN AEROGELS INC (edgar:1145986) Capital Expenditure: 3593000 USD Concept: fundies:CapitalExpenditure Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T13:16:23Z Snapshot: f66742f19529a543d1ef093e1ac03b61316764889d581770ca251ef55ae25841 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1145986/explain?concept=fundies%3ACapitalExpenditure&period=2018-12-31&surface=latest&period_type=duration&start=2018-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 3593000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000156459021012925/aspn-10k_20201231.htm#3422275 Filing: 000156459021012925 The citation records this snapshot. The page link may show a newer release later.	−USD 12.25 million Calculation and evidence -8654000 − 3593000 USD Exact free cash flow: -12247000 USD 2018-01-01 – 2018-12-31: -8654000 USD · Inspect Operating Cash Flow · Source 2018-01-01 – 2018-12-31: 3593000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · ASPEN AEROGELS INC · 2018-12-31 ASPEN AEROGELS INC (edgar:1145986) Free cash flow: -12247000 USD Concept: free-cash-flow Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T13:16:23Z Snapshot: f66742f19529a543d1ef093e1ac03b61316764889d581770ca251ef55ae25841 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1145986?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -8654000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000156459021012925/aspn-10k_20201231.htm#3410899 Filing: 000156459021012925 Input fundies:CapitalExpenditure: 3593000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000156459021012925/aspn-10k_20201231.htm#3422275 Filing: 000156459021012925 The citation records this snapshot. The page link may show a newer release later.
2019 2019-01-01 – 2019-12-31	−USD 14.57 million Exact value Exact value: -14565000 USD 2019-01-01 – 2019-12-31: -14565000 USD Inspect Net Income Open source Share or cite Citation for Net Income · ASPEN AEROGELS INC · 2019-12-31 ASPEN AEROGELS INC (edgar:1145986) Net Income: -14565000 USD Concept: fundies:NetIncome Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T13:16:23Z Snapshot: f66742f19529a543d1ef093e1ac03b61316764889d581770ca251ef55ae25841 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1145986/explain?concept=fundies%3ANetIncome&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=USD&dimensions= Input fundies:NetIncome: -14565000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000156459022007814/aspn-10k_20211231.htm#4353745 Filing: 000156459022007814 The citation records this snapshot. The page link may show a newer release later.	−USD 1.05 million Exact value Exact value: -1054000 USD 2019-01-01 – 2019-12-31: -1054000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · ASPEN AEROGELS INC · 2019-12-31 ASPEN AEROGELS INC (edgar:1145986) Operating Cash Flow: -1054000 USD Concept: fundies:OperatingCashFlow Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T13:16:23Z Snapshot: f66742f19529a543d1ef093e1ac03b61316764889d581770ca251ef55ae25841 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1145986/explain?concept=fundies%3AOperatingCashFlow&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -1054000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000156459022007814/aspn-10k_20211231.htm#3261675 Filing: 000156459022007814 The citation records this snapshot. The page link may show a newer release later.	USD 2.11 million Exact value Exact value: 2112000 USD 2019-01-01 – 2019-12-31: 2112000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · ASPEN AEROGELS INC · 2019-12-31 ASPEN AEROGELS INC (edgar:1145986) Capital Expenditure: 2112000 USD Concept: fundies:CapitalExpenditure Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T13:16:23Z Snapshot: f66742f19529a543d1ef093e1ac03b61316764889d581770ca251ef55ae25841 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1145986/explain?concept=fundies%3ACapitalExpenditure&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 2112000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000156459022007814/aspn-10k_20211231.htm#3273052 Filing: 000156459022007814 The citation records this snapshot. The page link may show a newer release later.	−USD 3.17 million Calculation and evidence -1054000 − 2112000 USD Exact free cash flow: -3166000 USD 2019-01-01 – 2019-12-31: -1054000 USD · Inspect Operating Cash Flow · Source 2019-01-01 – 2019-12-31: 2112000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · ASPEN AEROGELS INC · 2019-12-31 ASPEN AEROGELS INC (edgar:1145986) Free cash flow: -3166000 USD Concept: free-cash-flow Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T13:16:23Z Snapshot: f66742f19529a543d1ef093e1ac03b61316764889d581770ca251ef55ae25841 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1145986?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -1054000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000156459022007814/aspn-10k_20211231.htm#3261675 Filing: 000156459022007814 Input fundies:CapitalExpenditure: 2112000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000156459022007814/aspn-10k_20211231.htm#3273052 Filing: 000156459022007814 The citation records this snapshot. The page link may show a newer release later.
2020 2020-01-01 – 2020-12-31	−USD 21.81 million Exact value Exact value: -21809000 USD 2020-01-01 – 2020-12-31: -21809000 USD Inspect Net Income Open source Share or cite Citation for Net Income · ASPEN AEROGELS INC · 2020-12-31 ASPEN AEROGELS INC (edgar:1145986) Net Income: -21809000 USD Concept: fundies:NetIncome Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T13:16:23Z Snapshot: f66742f19529a543d1ef093e1ac03b61316764889d581770ca251ef55ae25841 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1145986/explain?concept=fundies%3ANetIncome&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:NetIncome: -21809000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000095017023008476/aspn-20221231.htm#4824052 Filing: 000095017023008476 The citation records this snapshot. The page link may show a newer release later.	−USD 9.92 million Exact value Exact value: -9924000 USD 2020-01-01 – 2020-12-31: -9924000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · ASPEN AEROGELS INC · 2020-12-31 ASPEN AEROGELS INC (edgar:1145986) Operating Cash Flow: -9924000 USD Concept: fundies:OperatingCashFlow Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T13:16:23Z Snapshot: f66742f19529a543d1ef093e1ac03b61316764889d581770ca251ef55ae25841 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1145986/explain?concept=fundies%3AOperatingCashFlow&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -9924000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000095017023008476/aspn-20221231.htm#3513072 Filing: 000095017023008476 The citation records this snapshot. The page link may show a newer release later.	USD 3.42 million Exact value Exact value: 3416000 USD 2020-01-01 – 2020-12-31: 3416000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · ASPEN AEROGELS INC · 2020-12-31 ASPEN AEROGELS INC (edgar:1145986) Capital Expenditure: 3416000 USD Concept: fundies:CapitalExpenditure Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T13:16:23Z Snapshot: f66742f19529a543d1ef093e1ac03b61316764889d581770ca251ef55ae25841 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1145986/explain?concept=fundies%3ACapitalExpenditure&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 3416000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000095017023008476/aspn-20221231.htm#3524758 Filing: 000095017023008476 The citation records this snapshot. The page link may show a newer release later.	−USD 13.34 million Calculation and evidence -9924000 − 3416000 USD Exact free cash flow: -13340000 USD 2020-01-01 – 2020-12-31: -9924000 USD · Inspect Operating Cash Flow · Source 2020-01-01 – 2020-12-31: 3416000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · ASPEN AEROGELS INC · 2020-12-31 ASPEN AEROGELS INC (edgar:1145986) Free cash flow: -13340000 USD Concept: free-cash-flow Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T13:16:23Z Snapshot: f66742f19529a543d1ef093e1ac03b61316764889d581770ca251ef55ae25841 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1145986?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -9924000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000095017023008476/aspn-20221231.htm#3513072 Filing: 000095017023008476 Input fundies:CapitalExpenditure: 3416000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000095017023008476/aspn-20221231.htm#3524758 Filing: 000095017023008476 The citation records this snapshot. The page link may show a newer release later.
2021 2021-01-01 – 2021-12-31	−USD 37.09 million Exact value Exact value: -37094000 USD 2021-01-01 – 2021-12-31: -37094000 USD Inspect Net Income Open source Share or cite Citation for Net Income · ASPEN AEROGELS INC · 2021-12-31 ASPEN AEROGELS INC (edgar:1145986) Net Income: -37094000 USD Concept: fundies:NetIncome Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T13:16:23Z Snapshot: f66742f19529a543d1ef093e1ac03b61316764889d581770ca251ef55ae25841 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1145986/explain?concept=fundies%3ANetIncome&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=USD&dimensions= Input fundies:NetIncome: -37094000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000095017024028127/aspn-20231231.htm#3436532 Filing: 000095017024028127 The citation records this snapshot. The page link may show a newer release later.	−USD 18.63 million Exact value Exact value: -18628000 USD 2021-01-01 – 2021-12-31: -18628000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · ASPEN AEROGELS INC · 2021-12-31 ASPEN AEROGELS INC (edgar:1145986) Operating Cash Flow: -18628000 USD Concept: fundies:OperatingCashFlow Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T13:16:23Z Snapshot: f66742f19529a543d1ef093e1ac03b61316764889d581770ca251ef55ae25841 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1145986/explain?concept=fundies%3AOperatingCashFlow&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -18628000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000095017024028127/aspn-20231231.htm#2359645 Filing: 000095017024028127 The citation records this snapshot. The page link may show a newer release later.	USD 13.78 million Exact value Exact value: 13778000 USD 2021-01-01 – 2021-12-31: 13778000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · ASPEN AEROGELS INC · 2021-12-31 ASPEN AEROGELS INC (edgar:1145986) Capital Expenditure: 13778000 USD Concept: fundies:CapitalExpenditure Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T13:16:23Z Snapshot: f66742f19529a543d1ef093e1ac03b61316764889d581770ca251ef55ae25841 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1145986/explain?concept=fundies%3ACapitalExpenditure&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 13778000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000095017024028127/aspn-20231231.htm#2366815 Filing: 000095017024028127 The citation records this snapshot. The page link may show a newer release later.	−USD 32.41 million Calculation and evidence -18628000 − 13778000 USD Exact free cash flow: -32406000 USD 2021-01-01 – 2021-12-31: -18628000 USD · Inspect Operating Cash Flow · Source 2021-01-01 – 2021-12-31: 13778000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · ASPEN AEROGELS INC · 2021-12-31 ASPEN AEROGELS INC (edgar:1145986) Free cash flow: -32406000 USD Concept: free-cash-flow Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T13:16:23Z Snapshot: f66742f19529a543d1ef093e1ac03b61316764889d581770ca251ef55ae25841 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1145986?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -18628000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000095017024028127/aspn-20231231.htm#2359645 Filing: 000095017024028127 Input fundies:CapitalExpenditure: 13778000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000095017024028127/aspn-20231231.htm#2366815 Filing: 000095017024028127 The citation records this snapshot. The page link may show a newer release later.
2022 2022-01-01 – 2022-12-31	−USD 82.74 million Exact value Exact value: -82738000 USD 2022-01-01 – 2022-12-31: -82738000 USD Inspect Net Income Open source Share or cite Citation for Net Income · ASPEN AEROGELS INC · 2022-12-31 ASPEN AEROGELS INC (edgar:1145986) Net Income: -82738000 USD Concept: fundies:NetIncome Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T13:16:23Z Snapshot: f66742f19529a543d1ef093e1ac03b61316764889d581770ca251ef55ae25841 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1145986/explain?concept=fundies%3ANetIncome&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=USD&dimensions= Input fundies:NetIncome: -82738000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000095017025029252/aspn-20241231.htm#4177353 Filing: 000095017025029252 The citation records this snapshot. The page link may show a newer release later.	−USD 94.4 million Exact value Exact value: -94399000 USD 2022-01-01 – 2022-12-31: -94399000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · ASPEN AEROGELS INC · 2022-12-31 ASPEN AEROGELS INC (edgar:1145986) Operating Cash Flow: -94399000 USD Concept: fundies:OperatingCashFlow Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T13:16:23Z Snapshot: f66742f19529a543d1ef093e1ac03b61316764889d581770ca251ef55ae25841 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1145986/explain?concept=fundies%3AOperatingCashFlow&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -94399000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000095017025029252/aspn-20241231.htm#2834336 Filing: 000095017025029252 The citation records this snapshot. The page link may show a newer release later.	USD 177.97 million Exact value Exact value: 177974000 USD 2022-01-01 – 2022-12-31: 177974000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · ASPEN AEROGELS INC · 2022-12-31 ASPEN AEROGELS INC (edgar:1145986) Capital Expenditure: 177974000 USD Concept: fundies:CapitalExpenditure Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T13:16:23Z Snapshot: f66742f19529a543d1ef093e1ac03b61316764889d581770ca251ef55ae25841 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1145986/explain?concept=fundies%3ACapitalExpenditure&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 177974000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000095017025029252/aspn-20241231.htm#2843330 Filing: 000095017025029252 The citation records this snapshot. The page link may show a newer release later.	−USD 272.37 million Calculation and evidence -94399000 − 177974000 USD Exact free cash flow: -272373000 USD 2022-01-01 – 2022-12-31: -94399000 USD · Inspect Operating Cash Flow · Source 2022-01-01 – 2022-12-31: 177974000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · ASPEN AEROGELS INC · 2022-12-31 ASPEN AEROGELS INC (edgar:1145986) Free cash flow: -272373000 USD Concept: free-cash-flow Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T13:16:23Z Snapshot: f66742f19529a543d1ef093e1ac03b61316764889d581770ca251ef55ae25841 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1145986?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -94399000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000095017025029252/aspn-20241231.htm#2834336 Filing: 000095017025029252 Input fundies:CapitalExpenditure: 177974000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000095017025029252/aspn-20241231.htm#2843330 Filing: 000095017025029252 The citation records this snapshot. The page link may show a newer release later.
2023 2023-01-01 – 2023-12-31	−USD 45.81 million Exact value Exact value: -45811000 USD 2023-01-01 – 2023-12-31: -45811000 USD Inspect Net Income Open source Share or cite Citation for Net Income · ASPEN AEROGELS INC · 2023-12-31 ASPEN AEROGELS INC (edgar:1145986) Net Income: -45811000 USD Concept: fundies:NetIncome Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-02T13:16:23Z Snapshot: f66742f19529a543d1ef093e1ac03b61316764889d581770ca251ef55ae25841 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1145986/explain?concept=fundies%3ANetIncome&period=2023-12-31&surface=latest&period_type=duration&start=2023-01-01&unit=USD&dimensions= Input fundies:NetIncome: -45811000 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000119312526119892/aspn-20251231.htm#2630969 Filing: 000119312526119892 The citation records this snapshot. The page link may show a newer release later.	−USD 42.61 million Exact value Exact value: -42612000 USD 2023-01-01 – 2023-12-31: -42612000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · ASPEN AEROGELS INC · 2023-12-31 ASPEN AEROGELS INC (edgar:1145986) Operating Cash Flow: -42612000 USD Concept: fundies:OperatingCashFlow Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-02T13:16:23Z Snapshot: f66742f19529a543d1ef093e1ac03b61316764889d581770ca251ef55ae25841 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1145986/explain?concept=fundies%3AOperatingCashFlow&period=2023-12-31&surface=latest&period_type=duration&start=2023-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: -42612000 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000119312526119892/aspn-20251231.htm#1007977 Filing: 000119312526119892 The citation records this snapshot. The page link may show a newer release later.	USD 175.46 million Exact value Exact value: 175455000 USD 2023-01-01 – 2023-12-31: 175455000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · ASPEN AEROGELS INC · 2023-12-31 ASPEN AEROGELS INC (edgar:1145986) Capital Expenditure: 175455000 USD Concept: fundies:CapitalExpenditure Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-02T13:16:23Z Snapshot: f66742f19529a543d1ef093e1ac03b61316764889d581770ca251ef55ae25841 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1145986/explain?concept=fundies%3ACapitalExpenditure&period=2023-12-31&surface=latest&period_type=duration&start=2023-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 175455000 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000119312526119892/aspn-20251231.htm#1017614 Filing: 000119312526119892 The citation records this snapshot. The page link may show a newer release later.	−USD 218.07 million Calculation and evidence -42612000 − 175455000 USD Exact free cash flow: -218067000 USD 2023-01-01 – 2023-12-31: -42612000 USD · Inspect Operating Cash Flow · Source 2023-01-01 – 2023-12-31: 175455000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · ASPEN AEROGELS INC · 2023-12-31 ASPEN AEROGELS INC (edgar:1145986) Free cash flow: -218067000 USD Concept: free-cash-flow Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-02T13:16:23Z Snapshot: f66742f19529a543d1ef093e1ac03b61316764889d581770ca251ef55ae25841 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1145986?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: -42612000 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000119312526119892/aspn-20251231.htm#1007977 Filing: 000119312526119892 Input fundies:CapitalExpenditure: 175455000 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000119312526119892/aspn-20251231.htm#1017614 Filing: 000119312526119892 The citation records this snapshot. The page link may show a newer release later.
2024 2024-01-01 – 2024-12-31	USD 13.38 million Exact value Exact value: 13375000 USD 2024-01-01 – 2024-12-31: 13375000 USD Inspect Net Income Open source Share or cite Citation for Net Income · ASPEN AEROGELS INC · 2024-12-31 ASPEN AEROGELS INC (edgar:1145986) Net Income: 13375000 USD Concept: fundies:NetIncome Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T13:16:23Z Snapshot: f66742f19529a543d1ef093e1ac03b61316764889d581770ca251ef55ae25841 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1145986/explain?concept=fundies%3ANetIncome&period=2024-12-31&surface=latest&period_type=duration&start=2024-01-01&unit=USD&dimensions= Input fundies:NetIncome: 13375000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000119312526119892/aspn-20251231.htm#2629127 Filing: 000119312526119892 The citation records this snapshot. The page link may show a newer release later.	USD 45.55 million Exact value Exact value: 45549000 USD 2024-01-01 – 2024-12-31: 45549000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · ASPEN AEROGELS INC · 2024-12-31 ASPEN AEROGELS INC (edgar:1145986) Operating Cash Flow: 45549000 USD Concept: fundies:OperatingCashFlow Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T13:16:23Z Snapshot: f66742f19529a543d1ef093e1ac03b61316764889d581770ca251ef55ae25841 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1145986/explain?concept=fundies%3AOperatingCashFlow&period=2024-12-31&surface=latest&period_type=duration&start=2024-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 45549000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000119312526119892/aspn-20251231.htm#1006115 Filing: 000119312526119892 The citation records this snapshot. The page link may show a newer release later.	USD 86.26 million Exact value Exact value: 86262000 USD 2024-01-01 – 2024-12-31: 86262000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · ASPEN AEROGELS INC · 2024-12-31 ASPEN AEROGELS INC (edgar:1145986) Capital Expenditure: 86262000 USD Concept: fundies:CapitalExpenditure Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T13:16:23Z Snapshot: f66742f19529a543d1ef093e1ac03b61316764889d581770ca251ef55ae25841 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1145986/explain?concept=fundies%3ACapitalExpenditure&period=2024-12-31&surface=latest&period_type=duration&start=2024-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 86262000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000119312526119892/aspn-20251231.htm#1015743 Filing: 000119312526119892 The citation records this snapshot. The page link may show a newer release later.	−USD 40.71 million Calculation and evidence 45549000 − 86262000 USD Exact free cash flow: -40713000 USD 2024-01-01 – 2024-12-31: 45549000 USD · Inspect Operating Cash Flow · Source 2024-01-01 – 2024-12-31: 86262000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · ASPEN AEROGELS INC · 2024-12-31 ASPEN AEROGELS INC (edgar:1145986) Free cash flow: -40713000 USD Concept: free-cash-flow Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T13:16:23Z Snapshot: f66742f19529a543d1ef093e1ac03b61316764889d581770ca251ef55ae25841 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1145986?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 45549000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000119312526119892/aspn-20251231.htm#1006115 Filing: 000119312526119892 Input fundies:CapitalExpenditure: 86262000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000119312526119892/aspn-20251231.htm#1015743 Filing: 000119312526119892 The citation records this snapshot. The page link may show a newer release later.
2025 2025-01-01 – 2025-12-31	−USD 389.55 million Exact value Exact value: -389552000 USD 2025-01-01 – 2025-12-31: -389552000 USD Inspect Net Income Open source Share or cite Citation for Net Income · ASPEN AEROGELS INC · 2025-12-31 ASPEN AEROGELS INC (edgar:1145986) Net Income: -389552000 USD Concept: fundies:NetIncome Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T13:16:23Z Snapshot: f66742f19529a543d1ef093e1ac03b61316764889d581770ca251ef55ae25841 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1145986/explain?concept=fundies%3ANetIncome&period=2025-12-31&surface=latest&period_type=duration&start=2025-01-01&unit=USD&dimensions= Input fundies:NetIncome: -389552000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000119312526119892/aspn-20251231.htm#2627364 Filing: 000119312526119892 The citation records this snapshot. The page link may show a newer release later.	USD 32.9 million Exact value Exact value: 32900000 USD 2025-01-01 – 2025-12-31: 32900000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · ASPEN AEROGELS INC · 2025-12-31 ASPEN AEROGELS INC (edgar:1145986) Operating Cash Flow: 32900000 USD Concept: fundies:OperatingCashFlow Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T13:16:23Z Snapshot: f66742f19529a543d1ef093e1ac03b61316764889d581770ca251ef55ae25841 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1145986/explain?concept=fundies%3AOperatingCashFlow&period=2025-12-31&surface=latest&period_type=duration&start=2025-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 32900000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000119312526119892/aspn-20251231.htm#1169918 Filing: 000119312526119892 The citation records this snapshot. The page link may show a newer release later.	USD 37.45 million Exact value Exact value: 37449000 USD 2025-01-01 – 2025-12-31: 37449000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · ASPEN AEROGELS INC · 2025-12-31 ASPEN AEROGELS INC (edgar:1145986) Capital Expenditure: 37449000 USD Concept: fundies:CapitalExpenditure Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T13:16:23Z Snapshot: f66742f19529a543d1ef093e1ac03b61316764889d581770ca251ef55ae25841 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1145986/explain?concept=fundies%3ACapitalExpenditure&period=2025-12-31&surface=latest&period_type=duration&start=2025-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 37449000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000119312526119892/aspn-20251231.htm#1013872 Filing: 000119312526119892 The citation records this snapshot. The page link may show a newer release later.	−USD 4.55 million Calculation and evidence 32900000 − 37449000 USD Exact free cash flow: -4549000 USD 2025-01-01 – 2025-12-31: 32900000 USD · Inspect Operating Cash Flow · Source 2025-01-01 – 2025-12-31: 37449000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · ASPEN AEROGELS INC · 2025-12-31 ASPEN AEROGELS INC (edgar:1145986) Free cash flow: -4549000 USD Concept: free-cash-flow Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T13:16:23Z Snapshot: f66742f19529a543d1ef093e1ac03b61316764889d581770ca251ef55ae25841 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1145986?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 32900000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000119312526119892/aspn-20251231.htm#1169918 Filing: 000119312526119892 Input fundies:CapitalExpenditure: 37449000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1145986/000119312526119892/aspn-20251231.htm#1013872 Filing: 000119312526119892 The citation records this snapshot. The page link may show a newer release later.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

97 filings · 5,030 latest values · 5,030 originally reported values

Dataset published 2026-11-02. Source filing dates and reporting periods are shown separately.

Identifiers: 0001145986, 1145986, ASPN, edgar:1145986

Also known as ASPEN AEROGELS INC, ASPEN AEROGELS, INC.

ASPEN AEROGELS INC

Latest quarter

Revenue

Operating margin

Operating cash flow

Free cash flow

Reported share-count change

Trailing twelve months

Revenue

Net income

Operating cash flow

Capital expenditure

Free cash flow

Company performance

What changed year over year

Revenue

Net income

Operating cash flow

Capital expenditure

Where revenue goes

2025 2025-01-01 – 2025-12-31

Cash

Share of revenue by period

Growth

Profit and cash

Balance sheet

Cash generation