Aspen Aerogels (ASPN) Research & Development (2013 - 2026)
Aspen Aerogels' (ASPN) quarterly Research & Development came in at $2.7 million in Q1 2026, down 67.51% YoY from $8.4 million in Q1 2025, and up 132.16% on a QoQ basis from -$8.5 million in Q4 2025.
Aspen Aerogels (ASPN) Research & Development (2013 - 2026) Analysis & Trends
Aspen Aerogels (ASPN) has 14 years of Research & Development data on file, last reported at $2.7 million in Q1 2026.
- Quarterly Research & Development fell 67.51% year-over-year to $2.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $7.8 million (down 70.27% YoY) and the FY2025 annual result came in at $13.4 million, down 62.4% from the prior year.
- Research & Development improved to $2.7 million in Q1 2026, from -$8.5 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $8.8 million in Q4 2023 to a low of -$8.5 million in Q4 2025.
- A 5-year average of $5.5 million and a median of $6.9 million in 2025 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2022 — Research & Development surged 137.02% — and 2025, when it plunged 199.09%.
- Tracing ASPN's Research & Development over 5 years: stood at $7.8 million in 2022, then increased by 11.9% to $8.8 million in 2023, then fell by 2.68% to $8.5 million in 2024, then sank by 199.09% to -$8.5 million in 2025, then surged by 132.16% to $2.7 million in 2026.
- The last three Research & Development figures came in at $2.7 million (Q1 2026), -$8.5 million (Q4 2025), and $6.6 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 100.21 Bn | 98.89 Bn | 2.26 Bn | - |
| 2 | Johnson Controls International | 87.02 Bn | 86.38 Bn | 2.47 Bn | - |
| 3 | Carrier Global | 50.08 Bn | 48.73 Bn | 1.94 Bn | 148.00 Mn |
| 4 | Carlisle Companies | 14.80 Bn | 14.14 Bn | 568.40 Mn | 11.40 Mn |
| 5 | Masco | 14.60 Bn | 14.06 Bn | 868.00 Mn | - |
| 6 | Lennox International | 13.99 Bn | 13.94 Bn | 539.50 Mn | - |
| 7 | Owens Corning | 11.96 Bn | 11.69 Bn | 793.00 Mn | 35.00 Mn |
| 8 | Advanced Drainage Systems | 11.02 Bn | 10.86 Bn | 408.05 Mn | 130.82 Mn |
| 9 | SPX Technologies | 10.33 Bn | 10.16 Bn | 272.80 Mn | - |
| 10 | Aspen Aerogels | 430.21 Mn | 276.79 Mn | 3.26 Mn | 6.96 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.96 Mn |
| Mar 31, 2026 | 2.72 Mn |
| Dec 31, 2025 | -8.47 Mn |
| Sep 30, 2025 | 6.55 Mn |
| Jun 30, 2025 | 6.95 Mn |
| Mar 31, 2025 | 8.38 Mn |
| Dec 31, 2024 | 8.55 Mn |
| Sep 30, 2024 | 4.59 Mn |
| Jun 30, 2024 | 4.57 Mn |
| Mar 31, 2024 | 8.30 Mn |
| Dec 31, 2023 | 8.78 Mn |
| Sep 30, 2023 | 4.22 Mn |
| Jun 30, 2023 | 8.13 Mn |
| Mar 31, 2023 | 7.71 Mn |
| Dec 31, 2022 | 7.85 Mn |
| Sep 30, 2022 | 7.29 Mn |
| Jun 30, 2022 | 4.45 Mn |
| Mar 31, 2022 | 3.59 Mn |
| Dec 31, 2021 | 4.80 Mn |
| Sep 30, 2021 | 3.08 Mn |