ASPN Stock — Aspen Aerogels Inc

Up next

Next earnings call

Nov 5, 2026 Est · unconfirmed · in 9 wks

Latest filing: 10-Q

filed Aug 7, 2026

Metrics snapshot

Useful current figures from the complete screener profile.

View all 114 metrics

Revenue (TTM)

$202.09M

Trailing 12 months

Net income (TTM)

−$126.20M

Trailing 12 months

Revenue growth YoY

-36.1%

Year over year

Operating margin

-61.0%

Trailing 12 months

P / E (TTM)

—

Trailing earnings

FCF yield

8.4%

TTM · current market cap

Return on invested capital

—

Trailing 12 months

Net cash

—

Latest balance sheet

Dividend yield

—

Trailing 12 months

Shares change YoY

+0.9%

Year over year · more shares

Price change (1Y)

-22.5%

Trailing year

Short interest

9.7%

Latest settlement · 3.2 days to cover

View all 114 metrics

AI Brief

Q2 FY26 earnings call · Aug 6, 2026

Q2 FY26

TL;DR. Aspen Aerogels guided Q3 2026 revenue to $65–$80M and adjusted EBITDA to $7–$15M, raised its 2026 European thermal barrier revenue outlook to $20–$30M, secured a new PyroThin design award from Jaguar Land Rover, and reported 32% QoQ revenue growth and 81% QoQ thermal barrier growth in Q2, while absorbing $5.3M of East Providence incident costs and an $8.9M property damage loss in the quarter.

Bullish

+ Q3 2026 revenue guided to $65M–$80M and adjusted EBITDA to $7M–$15M, implying 30%–60% QoQ revenue growth.
+ Raised 2026 European thermal barrier revenue outlook to $20M–$30M from prior $10M–$15M, after first-half European revenue of ~$10.9M already exceeded full-year 2025.
+ Won new Jaguar Land Rover PyroThin design award across two next-generation architectures supporting multiple brands, with SOP in 2027.
+ Targeting 2027 European thermal barrier revenue of $40M–$60M, doubling the 2026 outlook, with thermal-barrier awarded pipeline of $135M.

Bearish

− Q2 2026 net loss widened to $23.3M from $9.1M year-over-year, with adjusted EBITDA of $(6.6)M vs $9.7M prior year.
− Refinery and petrochemical activity has lagged expectations, with customers prioritizing uptime and compressing maintenance windows.
− U.S. EV demand stabilized at ~6% of new vehicle sales, roughly half of 2025 levels, pressuring the North American thermal barrier business.

AI-generated from the earnings call and 8-K · may contain errors · not investment advice

Equibles Rating

blended score · not investment advice

Overall

Sell

SellHoldBuy

Technical Neutral Momentum Strong Sentiment Bullish Fundamentals Poor Quant / Vol Very High

Market backdrop VIX 14.5 · calm Equity put/call 0.58

Technical

price trend

Neutral

50 / 200-day cross No cross

Price vs 200-day avg +16%

above

Price vs 50-day avg −7%

below

RSI (14) 44

neutral

MACD trend Negative

52-week position 38%

mid-range

Volume (OBV) Confirms

volume backs price

Momentum

relative strength

Strong

1-month return −21%

trailing

6-month return +45%

trailing

YTD return +74%

this year

Relative strength +30%

vs S&P · 6-mo

Sentiment

smart money

Bullish

Trend (MA cross) No cross

50d $5 › 200d $4 — 50d above 200d

Institutional flow Accumulating

+7% holders QoQ · +38 funds added

Insider flow Flat

No net insider activity over 90 days

Short interest Falling

9.74% of float · ▼ -8.6% MoM · 3.2 days cover

Volume signal Normal

Volume near normal

Institution breadth Steady

181 holders — mid 3-yr range

Squeeze score 55

elevated · 0–100

Fundamentals

Poor

Revenue growth −40%

Y/Y

Gross margin 17%

contracting

EPS growth −2882%

Y/Y

Free cash flow $-4.6M

Balance sheet $91.4M

net cash

Quant / Vol

risk profile

Very High

Volatility 101%

annualized · 1-yr

Max drawdown −71%

past year

ATR 6.6%

of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Guidance & track record

what management promised — and delivered

Latest guidance · from the Earnings Call filed Dec 31, 2021

after 2022

Incremental gross margin 40%

Incremental adjusted EBITDA per dollar of revenue $0

at $900 million of revenue (second plant first phase)

EBITDA margin 25%

Gross margin 35%

long-term target (second plant full)

Adjusted EBITDA $400M

Prior guidance period ended · from the Earnings Call filed Dec 31, 2021

Total revenue · full-year 2022 $145M – $155M

PyroThin thermal barrier revenue · full-year 2022 $20M

Capital expenditures · full-year 2022 $250M – $275M

Guided vs delivered · last 1 settled

Total revenue full-year 2022

guided $145M – $155M

guided $145M – $155M $180.36M Beat +20.2%

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders Neutral

2 · 4 · 1

50 / 200-day cross

No cross Neutral

Price vs 200-day avg

+16% Bullish

Price vs 50-day avg

−7% Bearish

RSI (14)

44 Neutral

MACD trend

Negative Bearish

52-week position

38% Neutral

Volume (OBV)

Confirms Neutral

Market signals — smart money & positioning

Bullish · 2 of 6

Trend (MA cross) No cross

50d $5 › 200d $4 — 50d above 200d

Institutional flow Accumulating

+7% holders QoQ · +38 funds added

Insider flow Flat

No net insider activity over 90 days

Short interest Falling

9.74% of float · ▼ -8.6% MoM · 3.2 days cover

Volume signal Normal

Volume near normal

Institution breadth Steady

181 holders — mid 3-yr range

Price context

position in its 52-week range

Range low $3 Now $5 · 38% Range high $9

vs 200-day avg +16% vs 50-day avg -7%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

Earlier KPI extraction records exist, but do not meet the current evidence-completeness requirements. No current verified series is available. Earlier figures remain withheld until revalidated; this is not evidence that the company reports no KPIs.

Versus peers

Specialty Chemicals — same industry group

Open screener →

Company	Mkt cap	YTD	Rev growth Y/Y	P/E	Short % shares
ASPN Aspen Aerogels Inc this stock	$408.30M	+73.9%	-40.1%	—	9.7%
LIN Linde PLC	$222.30B	+12.0%	+3.0%	31.1	1.1%
AIQUF L Air Liquide SA /Fi	$126.02B	+4.9%	—	—	0.0%
SHW Sherwin Williams Co	$80.66B	+3.0%	+2.1%	30.7	2.6%
ECL Ecolab Inc.	$78.46B	+6.4%	+2.2%	37.6	1.2%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section

Ownership

Institutional Holders Accumulating

Holders

181

% held: 89.2%
Net QoQ: +4.1M sh
Top holder: KIM, LLC

Held Float

View

Held by Funds

Fund positions

163

View

Short & Settlement

Short Interest Falling

Shares short

8.1M

Days to cover: 3.2d
Change: -764.4K sh

View

Short Volume

Short vol %

41%

As of: Sep 4, 2026

Short Total

View

Fails to Deliver

FTD shares

198

Value: $1.2K
As of: Aug 11, 2026

View

Off-Exchange

Off-exchange %

30.6%

Week of: Jul 27, 2026

Off-exch Lit

View

Financials

Revenue (FY)

$271.1M

Net income (FY): $-389.6M
EPS diluted: $-4.73

View

Filings

SEC Filings

Latest

Investor Event Transcript

Filed: Aug 11, 2026
This year: 12

View

Proposed Sales

Value

$35.3K

Shares: 5.6K
Filed: Aug 10, 2026

View

Exempt Offerings

Offering

$50.0M

Filed: Apr 6, 2022

View

Earnings & Events

Earnings Calls

Last call

Aug 11, 2026

View

Investor Relations

	5D	20D	120D	MTD	YTD
ASPN	-0.2%	-21.3%	+45.1%	-0.2%	+73.9%
SPY	+0.1%	-0.4%	+15.1%	+0.4%	+12.9%
vs SPY	-0.3%	-20.9%	+30.0%	-0.6%	+60.9%

ASPN · Aspen Aerogels Inc

Price & Indicators

Up next

Metrics snapshot

AI Brief

Equibles Rating

Guidance & track record

Technicals

Key metrics

Versus peers

At a glance

Performance