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Aspen Aerogels, Inc. (ASPN) is a non-energy raw materials company in the electronic component material production industry, based in Northborough, United States, with about 854 full-time employees.
It reported revenue of $271.10 million for fiscal year 2025, down 40.1% from fiscal year 2024, and net income of -$389.55 million. Its largest business segment, Thermal Barrier, brought in 62% of segment revenue in fiscal year 2025; United States was the largest region with 63%. Its market capitalization was $468.89 million as of October 9, 2026.
Figures from company filings and market data; latest fiscal year ended December 31, 2025; market data as of October 9, 2026.
, an aerogel technology company, designs, develops, manufactures, and sells aerogel materials primarily for use in the energy industrial, sustainable insulation materials, and electric vehicle (EV) markets in the United States, Canada, Asia, Europe, and Latin America. It operates through two segments: Thermal Barrier and Energy Industrial.
Aspen Aerogels reported $271.10 million in revenue for fiscal year 2025, down 40.1% from $452.70 million in fiscal year 2024.
Thermal Barrier, with $168.91 million or 62% of segment revenue in fiscal year 2025. Next: Energy Industrial (38%).
United States: 63% of revenue by region in fiscal year 2025, followed by Latin America (18%).
$468.89 million as of October 9, 2026.
Listed companies of a similar size in the same industry (electronic component material production) include Rogers Corporation (ROG), Lightwave Logic, Inc. (LWLG), Daqo New Energy Corp. (DQ), Atomera Incorporated (ATOM).