Growth Metrics

Aspen Aerogels (ASPN) Operating Expenses (2013 - 2026)

Aspen Aerogels posted quarterly Operating Expenses of $25.1 million for Q1 2026, down 92.21% year-on-year from $322.2 million in Q1 2025, and down 47.09% on a QoQ basis from $47.5 million in Q4 2025.

Aspen Aerogels (ASPN) has 14 years of Operating Expenses data on file, last reported at $25.1 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses fell 92.21% year-over-year to $25.1 million; the trailing twelve-month figure through Mar 2026 stood at $127.2 million (down 69.56% YoY), and the FY2025 full-year result was $424.2 million, up 230.49% from the prior year.
  • Operating Expenses for Q1 2026 stood at $25.1 million, down from $47.5 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $322.2 million in Q1 2025 and bottomed at $16.8 million in Q1 2022.
  • The 5-year median for Operating Expenses is $28.2 million (2023), against an average of $45.2 million.
  • The widest annual swing landed in 2025, when Operating Expenses jumped 884.97%; it then slumped 92.21% in 2026.
  • A 5-year view of Operating Expenses shows it stood at $24.0 million in 2022, then grew by 17.65% to $28.2 million in 2023, then climbed by 14.82% to $32.4 million in 2024, then jumped by 46.38% to $47.5 million in 2025, then sank by 47.09% to $25.1 million in 2026.
  • The last three Operating Expenses figures came in at $25.1 million (Q1 2026), $47.5 million (Q4 2025), and $24.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Trane Technologies 99.95 Bn 98.89 Bn 1.73 Bn 952.00 Mn
2 Johnson Controls International 84.54 Bn 84.01 Bn 2.07 Bn 1.22 Bn
3 Carrier Global 52.72 Bn 51.70 Bn 4.82 Bn 5.10 Bn
4 Lennox International 16.87 Bn 16.82 Bn 351.30 Mn 185.20 Mn
5 Masco 13.72 Bn 13.60 Bn 686.00 Mn 369.00 Mn
6 Carlisle Companies 13.62 Bn 12.85 Bn 363.20 Mn 183.90 Mn
7 Aaon 10.97 Bn 10.97 Bn 109.77 Mn 65.81 Mn
8 SPX Technologies 10.37 Bn 10.22 Bn 230.60 Mn 14.50 Mn
9 Advanced Drainage Systems 10.34 Bn 10.19 Bn 237.66 Mn -
10 Aspen Aerogels 479.08 Mn 303.47 Mn 4.28 Mn 25.11 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 25.11 Mn
Dec 31, 2025 47.46 Mn
Sep 30, 2025 24.15 Mn
Jun 30, 2025 30.47 Mn
Mar 31, 2025 322.15 Mn
Dec 31, 2024 32.42 Mn
Sep 30, 2024 31.64 Mn
Jun 30, 2024 31.59 Mn
Mar 31, 2024 32.71 Mn
Dec 31, 2023 28.24 Mn
Sep 30, 2023 28.44 Mn
Jun 30, 2023 25.45 Mn
Mar 31, 2023 23.99 Mn
Dec 31, 2022 24.00 Mn
Sep 30, 2022 21.95 Mn
Jun 30, 2022 21.44 Mn
Mar 31, 2022 16.84 Mn
Dec 31, 2021 14.65 Mn
Sep 30, 2021 14.57 Mn
Jun 30, 2021 11.19 Mn
Mar 31, 2021 10.13 Mn
Dec 31, 2020 9.99 Mn
Sep 30, 2020 8.60 Mn
Jun 30, 2020 8.50 Mn
Mar 31, 2020 9.07 Mn
Dec 31, 2019 12.14 Mn
Sep 30, 2019 9.90 Mn
Jun 30, 2019 8.73 Mn
Mar 31, 2019 9.68 Mn
Dec 31, 2018 19.53 Mn
Sep 30, 2018 7.90 Mn
Jun 30, 2018 9.60 Mn
Mar 31, 2018 9.56 Mn
Dec 31, 2017 9.43 Mn
Sep 30, 2017 7.98 Mn
Jun 30, 2017 9.13 Mn
Mar 31, 2017 11.27 Mn
Dec 31, 2016 9.44 Mn
Sep 30, 2016 8.81 Mn
Jun 30, 2016 8.00 Mn
Mar 31, 2016 8.29 Mn
Dec 31, 2015 8.17 Mn
Sep 30, 2015 7.65 Mn
Jun 30, 2015 7.81 Mn
Mar 31, 2015 7.26 Mn
Dec 31, 2014 7.90 Mn
Sep 30, 2014 7.44 Mn
Jun 30, 2014 11.55 Mn
Mar 31, 2014 6.24 Mn
Dec 31, 2013 10.23 Mn
Sep 30, 2013 8.25 Mn
Jun 30, 2013 6.17 Mn