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

Aspen Aerogels has reported Operating Expenses for 14 years, with the latest figure 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.
• The five-year high for Operating Expenses was $322.2 million in Q1 2025, with the low at $16.8 million in Q1 2022.
• Historically, Operating Expenses has averaged $45.2 million across 5 years, with a median of $28.2 million in 2023.
• Annual changes were most pronounced in 2025 — Operating Expenses jumped 884.97% — and 2026, when it plunged 92.21%.
• Aspen Aerogels' Operating Expenses stood at $24.0 million in 2022, then climbed by 17.65% to $28.2 million in 2023, then advanced by 14.82% to $32.4 million in 2024, then soared by 46.38% to $47.5 million in 2025, then slumped 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.