ASPEN AEROGELS INC
Company Stats
- Market Cap
- $454.8M
- as of Sep 30, 2026
- Shares Outstanding
- 83.0M
- Free Float
- 90.2%
Income Statement
- Revenue
- $271.1M
- Operating Income
- -$378.2M
- Net Income
- -$389.6M
- EBITDA
- -$333.1M
- Non-cash Impairment
- $291.2M
- Revenue Growth, 3Y
- 14.5%
- FCF Margin, 3Y Avg
- -34.0%
- FCF Margin, Worst Year
- -91.3%
Cash Flow
- Free Cash Flow
- -$4.6M
- FCF Yield
- -1.0%
- Owner FCF Yield
- -2.9%
Balance Sheet
- Cash & Equivalents
- $156.9M
Returns & Capital
- SBC, 3Y Avg
- $10.8M
Cash Flow by Year
| Year | Revenue | FCF | Margin |
|---|---|---|---|
| FY2025 | $271.1M | -$4.6M | -1.7% |
| FY2024 | $452.7M | -$40.7M | -9.0% |
| FY2023 | $238.7M | -$218.1M | -91.3% |
| FY2022 | $180.4M | -$272.4M | -151.0% |
| FY2021 | $121.6M | -$32.4M | -26.6% |
Annual filing data through FY ended December 31, 2025; shares and float as of October 27, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.
EV and Auto Transition: Program Risks and Recovery Forecasts
Stronger demand supports expansion as pricing diverges