To the full analysis
Aspen Aerogels stock: growth
ASPNAspen Aerogels reported $271.1M in revenue for fiscal 2025, down 40.1% on the prior year, up 22% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
15.1%
per year from 2009 to 2025, per share 3.6%
Earnings (Annual rate)
no data
Free cash flow (Annual rate)
no data
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2009 | |
|---|---|---|---|
| Revenue | 22.0% | 8.3% | 15.1% |
| Revenue per share | −2.9% | −4.8% | 3.6% |
| Earnings | no data | no data | no data |
| Earnings per share | no data | no data | no data |
| Free cash flow | no data | no data | no data |
| Free cash flow per share | no data | no data | no data |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2009 | $28.62M | −$18.64M | −$14.62M |
| 2010 | $43.21M | −$9.91M | −$26.47M |
| 2011 | $45.95M | −$32.83M | −$60.46M |
| 2012 | $63.45M | −$56.14M | −$36.12M |
| 2013 | $86.09M | −$47.61M | −$17.02M |
| 2014 | $102.4M | −$66.32M | −$6.59M |
| 2015 | $122.52M | −$6.42M | −$16.6M |
| 2016 | $117.74M | −$12.02M | −$13.79M |
| 2017 | $111.63M | −$19.32M | −$10.72M |
| 2018 | $104.36M | −$34.44M | −$12.25M |
| 2019 | $139.38M | −$14.57M | −$3.17M |
| 2020 | $100.27M | −$21.81M | −$13.34M |
| 2021 | $121.62M | −$37.09M | −$32.41M |
| 2022 | $180.36M | −$82.74M | −$272.37M |
| 2023 | $238.72M | −$45.81M | −$218.07M |
| 2024 | $452.7M | $13.38M | −$40.71M |
| 2025 | $271.1M | −$389.55M | −$4.58M |
Revenue by segment
How Aspen Aerogels, Inc. makes its money and how that has shifted. Names are as the company reports them.
- Thermal Barrier62%
- Energy Industrial38%
Figures as a table
| 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|
| Thermal Barrier | $110.08M | $306.83M | $168.91M | 62.3% |
| Energy Industrial | $128.64M | $145.87M | $102.2M | 37.7% |
| Total revenue | $238.72M | $452.7M | $271.1M | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Weak, published since 7 Nov 2026 (in the score history since 30 Jun 2015)
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.
