Aspen Aerogels (ASPN) Research & Development (2013 - 2026)

Aspen Aerogels (ASPN) reported Research & Development of $2.7 million for Q1 2026, down 37.13% on a YoY basis from $4.3 million in Q1 2025, and down 2.54% quarter-over-quarter from $2.8 million in Q4 2025.

Aspen Aerogels (ASPN) Research & Development (2013 - 2026) Analysis & Trends

Aspen Aerogels has reported Research & Development for 14 years, with the latest figure at $2.7 million in Q1 2026.

  • For the quarter ending Q1 2026, Research & Development fell 37.13% year-over-year to $2.7 million; the trailing twelve-month figure through Mar 2026 stood at $11.8 million (down 34.02% YoY), and the FY2025 full-year result was $13.4 million, down 25.67% from the prior year.
  • Research & Development for Q1 2026 stood at $2.7 million, down from $2.8 million in the prior quarter.
  • The five-year high for Research & Development was $4.7 million in Q3 2022, with the low at $2.5 million in Q3 2025.
  • Historically, Research & Development has averaged $4.0 million across 5 years, with a median of $4.2 million in 2022.
  • Annual changes were most pronounced in 2022 — Research & Development soared 70.45% — and 2025, when it plunged 45.68%.
  • Aspen Aerogels' Research & Development stood at $4.2 million in 2022, then declined by 2.91% to $4.1 million in 2023, then climbed by 8.1% to $4.4 million in 2024, then tumbled by 36.55% to $2.8 million in 2025, then dropped by 2.54% to $2.7 million in 2026.
  • The last three Research & Development figures came in at $2.7 million (Q1 2026), $2.8 million (Q4 2025), and $2.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Trane Technologies 107.22 Bn 106.17 Bn 1.73 Bn -
2 Johnson Controls International 89.13 Bn 88.60 Bn 2.07 Bn -
3 Carrier Global 60.07 Bn 59.04 Bn 4.82 Bn 143.00 Mn
4 Lennox International 18.56 Bn 18.51 Bn 351.30 Mn -
5 Masco 15.26 Bn 15.14 Bn 686.00 Mn -
6 Carlisle Companies 14.75 Bn 13.98 Bn 363.20 Mn 12.10 Mn
7 SPX Technologies 12.03 Bn 11.87 Bn 230.60 Mn -
8 Advanced Drainage Systems 11.45 Bn 11.30 Bn 237.66 Mn -
9 Aaon 11.16 Bn 11.16 Bn 109.77 Mn -
10 Aspen Aerogels 520.04 Mn 344.43 Mn 4.28 Mn 2.72 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 2.72 Mn
Dec 31, 2025 2.80 Mn
Sep 30, 2025 2.49 Mn
Jun 30, 2025 3.79 Mn
Mar 31, 2025 4.33 Mn
Dec 31, 2024 4.41 Mn
Sep 30, 2024 4.59 Mn
Jun 30, 2024 4.57 Mn
Mar 31, 2024 4.49 Mn
Dec 31, 2023 4.08 Mn
Sep 30, 2023 4.22 Mn
Jun 30, 2023 3.96 Mn
Mar 31, 2023 4.10 Mn
Dec 31, 2022 4.20 Mn
Sep 30, 2022 4.69 Mn
Jun 30, 2022 4.45 Mn
Mar 31, 2022 3.59 Mn
Dec 31, 2021 3.31 Mn
Sep 30, 2021 3.08 Mn
Jun 30, 2021 2.61 Mn