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| Date | Value |
|---|---|
| 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 |