MARKETS / NYSE / ASPN
NYSE · WHOLESALE-LUMBER & OTHER CONSTRUCTION MATERIALS · MID CAP

Aspen Aerogels, Inc. ASPN

14 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY
Revenue · FY2025
$271.1M
▼ 40.1% vs FY2024
EPS · FY25
$-4.73
Dividend / sh · FY25
Payout · FY25
ROE · FY25
-91.6%
Net margin · FY25
-143.7%
Dividend coverage
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Result
USD 271.1M
Revenue, FY2025 · full 14-year series below
Revenue Net income
0.20.40.60.3-0.4201220152018202120242025
0.20.40.60.3-0.42016201920222025

The company lost 144 cents on every revenue dollar this year.

Per share
USD -4.73
Diluted EPS, FY2025
EPS
200400600-4.73201220152018202120242025
200400600-4.732016201920222025

The company pays no cash dividend.

Profitability
-91.6%
Return on equity, FY2025
ROE
0.81.62.43.2-91.6%201220152018202120242025
0.81.62.43.2-91.6%2016201920222025
Operating margin-139.5%
Net margin-143.7%
Return on assets-59.8%

Each USD of equity lost 92 cents this year.

Returned to shareholders
returned in FY2025 · dividends + net buybacks
Dividends paid
Net buybacks
Share of profit
Consecutive raises

Growth
+22.0% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
+14.5%
+22.0%
+8.3%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
0.08B
Shares outstanding, FY2025
0.000.08201220152018202120242025
0.020.082016201920222025
Change, 5 years+42.1%
Change, 10 years

The share count grew 42% in five years — the same company, cut into more, smaller slices.

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Balance sheet
USD 406.7M
total assets, end of FY2025
Total assetsUSD 406.7M
EquityUSD 235.5M
CashUSD 156.9M
Gross debtUSD 90.6M
Net debtUSD -66.3M
Current ratio3.90×

The company holds more cash than debt.

History
14 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
Revenue $B
0.3
0.5
0.2
0.2
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.1
Operating income $B
−0.4
0.1
−0.0
−0.1
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
EBITDA $B
−0.3
0.1
−0.0
−0.1
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
0.0
−0.0
−0.0
−0.0
Income tax $B
0.0
0.0
0.0
0.0
·
·
·
·
·
·
·
·
·
·
Net income $B
−0.4
0.0
−0.0
−0.1
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.0
−0.1
−0.0
−0.1
EPS, diluted $
−4.73
0.17
−0.66
−2.10
−1.22
−0.83
−0.60
−1.45
−0.83
−0.52
−0.28
−5.37
410.56
−2851.08
Dividend / sh $
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Payout %
·
·
·
·
·
·
·
·
·
·
·
·
·
·
ROE %
−91.6
2.4
−9.8
−28.7
−37.8
−34.4
−22.5
−40.2
−17.8
−10.1
−5.2
−214.8
·
·
Shares out B
0.08
0.08
0.08
0.07
0.03
0.03
0.02
0.02
0.02
0.02
0.02
0.02
0.00
·

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
46 of 52
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 6 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed