profit from every $100 of sales.
$0$100
Aspen Aerogels
$6.11+24.44% today
+58.3% in 1 year
1-year low $2.571-year high $6.89
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
It has no yearly profit to compare the price with.
CheapExpensive
It holds more cash than debt.
No debt5 years
Money in, money out
What Aspen Aerogels sold, what it kept, and what it did with the cash.
Sales went from $180 million in 2022 to $271 million in 2025, with -$390 million of profit last year.
SalesProfit
Aspen Aerogels vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Aspen Aerogels | No profit yet | ||
 Carlisle Companies | 20.7× · Fair price | ||
 Lennox International | 14.8× · Cheap | ||
 Armstrong World Industries | 24.3× · Fair price | ||
 Builders FirstSource | 16.3× · Fair price |
AI analysis
An AI analyst reads Aspen Aerogels's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 180 | 239 | 453 | 271 | |
| 5 | 57 | 183 | 46 | |
| -79 | -49 | 58 | -51 | |
| -68 | -25 | 50 | -331 | |
| -83 | -46 | 13 | -390 | |
| -2.10 | -0.66 | 0.17 | -4.73 | |
| 2.8% | 23.8% | 40.4% | 17.0% | |
| -43.9% | -20.6% | 12.8% | -19.0% | |
| -45.9% | -19.2% | 3.0% | -143.7% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 643 | 703 | 895 | 407 |
| Cash | 281 | 140 | 221 | 157 |
| Total debt | 119 | 139 | 197 | 144 |
| Total liabilities | 196 | 215 | 280 | 171 |
| 447 | 488 | 615 | 236 | |
| 39 | 69 | 80 | 82 | |
| -10.8% | -5.1% | 2.6% | -78.4% | |
| -18.5% | -9.4% | 2.2% | -165.4% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -94 | -43 | 46 | 33 | |
| 178 | 175 | 86 | 37 | |
| -272 | -218 | -41 | -5 | |
| Dividends paid | – | – | – | – |
| – | – | – | – | |
| 9 | 11 | 13 | 9 |
Valuation
- –
- –
- –
- 2.3×
- 1.9×
- –
- –
- -0.9%
- -76.7%
- 0.0%
Profitability
- 17.0%
- -19.0%
- -143.7%
- -22.9%
- 63.8%
- -29.8%
- -42.1%
- -27.3%
- 70.5%
- 5.1%
Growth
- +14.5%
- –
- +88.8%
- –
- +28.4%
Financial health
- -0.0×
- 0.60
- 31.4%
- 40.6×
- 2.88
- 2.52
- 0.56
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 1%of 979
Bottom 3%of 984
Top 21%of 983
Bottom 16%of 986
What analysts expect
- Average price target
- $30.71
- Range
- $18.00 – $38.00
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 7, 2026 | -0.28 | -0.27 | −3.7% |
| Feb 25, 2026 | -0.34 | -0.27 | −25.9% |
| Nov 6, 2025 | -0.06 | -0.21 | +72.1% |
| Aug 7, 2025 | -0.04 | -0.12 | +66.7% |
| May 8, 2025 | -0.06 | -0.07 | +14.3% |
| Feb 12, 2025 | 0.15 | 0.04 | +275.0% |
| Nov 6, 2024 | 0.11 | -0.10 | +210.0% |
| Aug 7, 2024 | 0.21 | 0.05 | +320.0% |
News
Aspen GAAP EPS of -$0.14, revenue of $10.3MSeeking Alpha · Aug 18, 2026The newest story we have is from Aug 18, 2026.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
31No pass
Benjamin Graham
46No pass
Philip Fisher
28No pass
Peter Lynch
50No pass
Joel Greenblatt
69Pass
Charlie Munger
34No pass
Terry Smith
36No pass
Questions about Aspen Aerogels
Is Aspen Aerogels a good stock to buy?
A business with weak numbers that is not profitable yet. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Aspen Aerogels AI analysis
What does Aspen Aerogels do?
Aspen Aerogels, Inc. designs, develops, manufactures, and sells aerogel insulation products primarily for use in the energy infrastructure and building materials markets in the United States, Asia, Canada, Europe, and Latin America. It is in Construction.
Does Aspen Aerogels pay a dividend?
No. Aspen Aerogels does not pay a dividend at the moment.
Is Aspen Aerogels stock halal?
Questionable. Aspen Aerogels sits in a grey zone: its cash and confirmed interest-bearing investments are 31% of its market value, between 30% and 33%. How we check
How has Aspen Aerogels stock done over the past year?
Up 58.3% over the past twelve months, to $6.11. It traded between $2.57 and $6.89 and is 11.3% below its high.
Who are Aspen Aerogels's competitors?
The largest listed companies in the same industry are Carlisle Companies, Lennox International, Armstrong World Industries and Builders FirstSource. The peers table on this page compares their profit, growth and price with Aspen Aerogels's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.