Aspen Aerogels (ASPN) Gross Margin (2013 - 2026)
Aspen Aerogels (ASPN) reported Gross Margin of 11.29% for Q1 2026, down 1769.0% on a YoY basis from 0.68% in Q1 2025, and up 120.35% quarter-over-quarter from 55.47% in Q4 2025.
Aspen Aerogels (ASPN) Gross Margin (2013 - 2026) Analysis & Trends
Aspen Aerogels has reported Gross Margin for 14 years, with the latest figure at 11.29% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 1769.0% year-over-year to 11.29%; the trailing twelve-month figure through Mar 2026 stood at 11.93% (down 2711.0% YoY), and the FY2025 full-year result was 16.97%, down 2343.0% from the prior year.
- Gross Margin for Q1 2026 stood at 11.29%, up from 55.47% in the prior quarter.
- The five-year high for Gross Margin was 43.8% in Q2 2024, with the low at 55.47% in Q4 2025.
- Historically, Gross Margin has averaged 17.22% across 5 years, with a median of 24.05% in 2022.
- Annual changes were most pronounced in 2023 — Gross Margin surged 4005 bps — and 2025, when it tumbled 9376 bps.
- Aspen Aerogels' Gross Margin stood at 24.05% in 2022, then surged by 46 bps to 35.17% in 2023, then advanced by 9 bps to 38.29% in 2024, then plunged by 245 bps to 55.47% in 2025, then jumped by 120 bps to 11.29% in 2026.
- The last three Gross Margin figures came in at 11.29% (Q1 2026), 55.47% (Q4 2025), and 28.49% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 107.22 Bn | 106.17 Bn | 1.73 Bn | 34.77% |
| 2 | Johnson Controls International | 89.13 Bn | 88.60 Bn | 2.07 Bn | 35.78% |
| 3 | Carrier Global | 60.07 Bn | 59.04 Bn | 4.82 Bn | 90.17% |
| 4 | Lennox International | 18.56 Bn | 18.51 Bn | 351.30 Mn | 30.95% |
| 5 | Masco | 15.26 Bn | 15.14 Bn | 686.00 Mn | 35.77% |
| 6 | Carlisle Companies | 14.75 Bn | 13.98 Bn | 363.20 Mn | 34.52% |
| 7 | SPX Technologies | 12.03 Bn | 11.87 Bn | 230.60 Mn | 40.68% |
| 8 | Advanced Drainage Systems | 11.45 Bn | 11.30 Bn | 237.66 Mn | 35.12% |
| 9 | Aaon | 11.16 Bn | 11.16 Bn | 109.77 Mn | 25.88% |
| 10 | Aspen Aerogels | 520.04 Mn | 344.43 Mn | 4.28 Mn | 11.29% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.29% |
| Dec 31, 2025 | -55.47% |
| Sep 30, 2025 | 28.49% |
| Jun 30, 2025 | 32.45% |
| Mar 31, 2025 | 28.98% |
| Dec 31, 2024 | 38.29% |
| Sep 30, 2024 | 41.80% |
| Jun 30, 2024 | 43.80% |
| Mar 31, 2024 | 37.19% |
| Dec 31, 2023 | 35.17% |
| Sep 30, 2023 | 22.73% |
| Jun 30, 2023 | 17.46% |
| Mar 31, 2023 | 11.16% |
| Dec 31, 2022 | 24.05% |
| Sep 30, 2022 | -17.32% |
| Jun 30, 2022 | -2.65% |
| Mar 31, 2022 | -4.66% |
| Dec 31, 2021 | -5.29% |
| Sep 30, 2021 | 10.10% |
| Jun 30, 2021 | 14.46% |