Aspen Aerogels/$ASPN

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About Aspen Aerogels

Aspen Aerogels Inc is an aerogel technology company that designs, develops, and manufactures high-performance aerogel insulation used in the energy industrial and sustainable insulation markets. The company also conducts research and development related to aerogel technology supported by funding from several agencies of the United States of America government and other institutions in the form of research and development contracts. It is engaged in two operating segment Energy Industrial and Thermal Barrier. Geographically, it operates in the U.S. and also has a presence in other International countries. It generates the majority of its revenue from the Energy Industrial segment and the United States market. Some of its products include Pyrogel XTE; Cryogel Z; Spaceloft Subsea; and others.

Ticker

$ASPN
Sector

Primary listing

NYSE

Industry

Chemicals

Employees

554

ISIN

US04523Y1055

Aspen Aerogels Metrics

BasicAdvanced
$486M
-
-$3.62
2.72
-

What the Analysts think about Aspen Aerogels

Analyst ratings (Buy, Hold, Sell) for Aspen Aerogels stock.

Bulls say / Bears say

Aspen Aerogels reported a 90% year-over-year revenue increase in 2024, reaching $452.7 million, with gross margins expanding to 40%, indicating strong financial health and operational efficiency. (Aspen Aerogels, Inc. Reports Fourth Quarter and Fiscal Year 2024 Financial Results and Recent Business Highlights)
The company secured a contract to supply PyroThin® Thermal Barriers for a Volvo Truck commercial vehicle program, expanding its customer base and reinforcing its position in the EV thermal barrier market. (Aspen Aerogels, Inc. Reports Fourth Quarter and Fiscal Year 2024 Financial Results and Recent Business Highlights)
Aspen Aerogels' strategic shift to external manufacturing has demonstrated efficiency, with approximately 91% of Energy Industrial revenues in Q4 2024 supplied through this model, enhancing scalability and reducing capital expenditure. (Aspen Aerogels, Inc. Reports Fourth Quarter and Fiscal Year 2024 Financial Results and Recent Business Highlights)
General Motors accounted for 64% of Aspen Aerogels' 2024 revenue, and their contract allows for unilateral termination, posing a significant risk due to customer concentration. (Aspen Aerogels' Revenue Soars 90% to $453M Amidst Customer Concentration Concerns)
The company's reliance on external manufacturing facilities in China and Mexico introduces geopolitical risks and potential reputational damage, which could impact operations and profitability. (Aspen Aerogels' Revenue Soars 90% to $453M Amidst Customer Concentration Concerns)
Aspen Aerogels faces increasing competition in the thermal barrier market, which could lead to pricing pressures and a potential loss of market share. (Aspen Aerogels' Revenue Soars 90% to $453M Amidst Customer Concentration Concerns)
Data summarised monthly by Lightyear AI. Last updated on 4 Jun 2025.

Aspen Aerogels Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

Aspen Aerogels Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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