Aspen Aerogels showed promise with significant strategic achievements such as the GM award and supply chain optimization, but faced challenges including a notable revenue decline, reduced gross margins, and a significant net income loss. The company's strategic cost-cutting measures and financial stewardship are encouraging but were overshadowed by the immediate financial setbacks.

Company Guidance -

Q3 2025

During the Aspen Aerogels First Quarter 2025 Financial Results Call, the company provided guidance on several key metrics and strategic actions. Aspen reported a Q1 revenue of $78.7 million, a 17% year-over-year decline, with the Energy Industrial segment increasing by 2% to $29.8 million and the EV thermal barrier segment decreasing by 25% to $48.9 million. Gross profit margins were at 29%, and the company recorded an adjusted EBITDA of $4.9 million. Aspen is targeting to reduce fixed cash costs to 2022 levels, aiming to lower the revenue required for adjusted EBITDA breakeven to approximately $245 million. For Q2, Aspen forecasts revenue between $70 million and $80 million, with potential adjusted EBITDA ranging from breakeven to $7 million. The company emphasized its focus on long-term growth through diversifying its supply chain, optimizing cost structures, and pursuing new OEM opportunities, setting the stage for potential revenue expansion in 2027 with significant contributions from new contracts.

Major PyroThin Award with GM

Aspen Aerogels secured a major PyroThin award with General Motors for a next-generation prismatic EV platform, reinforcing its role in the electrification ecosystem.

Record Level Quoting Activity

The PyroThin thermal barrier business experienced a record level of quoting activity, indicating continued investment by leading OEMs in future battery electric platforms.

Resilient and Flexible Supply Chain

Aspen successfully diversified its raw material supply chain and created a second source for aerogel, optimizing sourcing from Asia, Europe, and the United States.

Strategic Cost Optimization

The company aims to reduce fixed cash costs to 2022 levels and lower the revenue level required for positive adjusted EBITDA performance to approximately $245 million.

Strong Financial Stewardship

Aspen reduced its interest expenses by paying down over $20 million of debt and maintaining a cash balance of $192 million.

Aspen Aerogels (ASPN) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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ASPN Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 30, 2025	2025 (Q3)	-0.03 / -	-0.17	―	―	―
Aug 07, 2025	2025 (Q2)	-0.11 / -0.11	0.21	-152.38% (-0.32)
May 08, 2025	2025 (Q1)	-0.07 / -3.67	-0.02	-18250.00% (-3.65)
Feb 12, 2025	2024 (Q4)	0.09 / 0.14	-0.01	1500.00% (+0.15)
Nov 06, 2024	2024 (Q3)	-0.08 / -0.17	-0.19	10.53% (+0.02)
Aug 07, 2024	2024 (Q2)	0.05 / 0.21	-0.22	195.45% (+0.43)
May 01, 2024	2024 (Q1)	-0.13 / -0.02	-0.24	91.67% (+0.22)
Feb 12, 2024	2023 (Q4)	-0.11 / -0.01	-0.2	95.00% (+0.19)
Nov 01, 2023	2023 (Q3)	-0.27 / -0.19	-0.75	74.67% (+0.56)
Aug 02, 2023	2023 (Q2)	-0.37 / -0.22	-0.68	67.65% (+0.46)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

ASPN Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 07, 2025	$7.57	―	―
May 08, 2025	$5.69	$4.31	-24.25%
Feb 12, 2025	$11.75	$9.00	-23.40%
Nov 06, 2024	$16.86	$16.77	-0.53%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Aspen Aerogels Inc (ASPN) report earnings?

Aspen Aerogels Inc (ASPN) is schdueled to report earning on Oct 30, 2025, After Close (Confirmed).

What is Aspen Aerogels Inc (ASPN) earnings time?

Aspen Aerogels Inc (ASPN) earnings time is at Oct 30, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is ASPN EPS forecast?

ASPN EPS forecast for the fiscal quarter 2025 (Q3) is -0.03.

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