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
DateValue
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%