Aspen Aerogels (ASPN) Research & Development (2013 - 2026)
Aspen Aerogels posted quarterly Research & Development of $2.7 million for Q1 2026, down 37.13% year-on-year from $4.3 million in Q1 2025, and down 2.54% on a QoQ basis from $2.8 million in Q4 2025.
Aspen Aerogels (ASPN) has 14 years of Research & Development data on file, last reported 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.
- Across five years, Research & Development topped out at $4.7 million in Q3 2022 and bottomed at $2.5 million in Q3 2025.
- The 5-year median for Research & Development is $4.2 million (2022), against an average of $4.0 million.
- The widest annual swing landed in 2022, when Research & Development soared 70.45%; it then slumped 45.68% in 2025.
- A 5-year view of Research & Development shows it stood at $4.2 million in 2022, then fell by 2.91% to $4.1 million in 2023, then grew by 8.1% to $4.4 million in 2024, then slumped by 36.55% to $2.8 million in 2025, then declined 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 | 99.95 Bn | 98.89 Bn | 1.73 Bn | - |
| 2 | Johnson Controls International | 84.54 Bn | 84.01 Bn | 2.07 Bn | - |
| 3 | Carrier Global | 52.72 Bn | 51.70 Bn | 4.82 Bn | 143.00 Mn |
| 4 | Lennox International | 16.87 Bn | 16.82 Bn | 351.30 Mn | - |
| 5 | Masco | 13.72 Bn | 13.60 Bn | 686.00 Mn | - |
| 6 | Carlisle Companies | 13.62 Bn | 12.85 Bn | 363.20 Mn | 12.10 Mn |
| 7 | Aaon | 10.97 Bn | 10.97 Bn | 109.77 Mn | - |
| 8 | SPX Technologies | 10.37 Bn | 10.22 Bn | 230.60 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 | 2.72 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | 2.44 Mn |
| Dec 31, 2020 | 2.29 Mn |
| Sep 30, 2020 | 2.09 Mn |
| Jun 30, 2020 | 2.12 Mn |
| Mar 31, 2020 | 2.23 Mn |
| Dec 31, 2019 | 2.57 Mn |
| Sep 30, 2019 | 2.05 Mn |
| Jun 30, 2019 | 1.87 Mn |
| Mar 31, 2019 | 1.93 Mn |
| Dec 31, 2018 | 1.69 Mn |
| Sep 30, 2018 | 1.38 Mn |
| Jun 30, 2018 | 1.64 Mn |
| Mar 31, 2018 | 1.61 Mn |
| Dec 31, 2017 | 1.43 Mn |
| Sep 30, 2017 | 1.47 Mn |
| Jun 30, 2017 | 1.71 Mn |
| Mar 31, 2017 | 1.58 Mn |
| Dec 31, 2016 | 1.38 Mn |
| Sep 30, 2016 | 1.33 Mn |
| Jun 30, 2016 | 1.29 Mn |
| Mar 31, 2016 | 1.31 Mn |
| Dec 31, 2015 | 1.25 Mn |
| Sep 30, 2015 | 1.15 Mn |
| Jun 30, 2015 | 1.55 Mn |
| Mar 31, 2015 | 1.30 Mn |
| Dec 31, 2014 | 1.52 Mn |
| Sep 30, 2014 | 1.26 Mn |
| Jun 30, 2014 | 1.92 Mn |
| Mar 31, 2014 | 1.28 Mn |
| Dec 31, 2013 | 1.36 Mn |
| Sep 30, 2013 | 1.39 Mn |
| Jun 30, 2013 | 1.18 Mn |