Growth Metrics

Aspen Aerogels (ASPN) Work In Process (2022 - 2025)

Aspen Aerogels (ASPN) has disclosed Work In Process for 4 consecutive years, with $7.5 million as the latest value for Q3 2025.

  • For the quarter ending Q3 2025, Work In Process fell 38.37% year-over-year to $7.5 million, compared with a TTM value of $7.5 million through Sep 2025, down 38.37%, and an annual FY2024 reading of $9.7 million, up 21.77% over the prior year.
  • Work In Process was $7.5 million for Q3 2025 at Aspen Aerogels, down from $9.4 million in the prior quarter.
  • Across five years, Work In Process topped out at $16.8 million in Q1 2025 and bottomed at $2.2 million in Q4 2022.
  • Average Work In Process over 4 years is $10.2 million, with a median of $10.3 million recorded in 2023.
  • The sharpest move saw Work In Process surged 260.07% in 2023, then tumbled 38.37% in 2025.
  • Year by year, Work In Process stood at $2.2 million in 2022, then soared by 260.07% to $7.9 million in 2023, then rose by 21.77% to $9.7 million in 2024, then dropped by 22.03% to $7.5 million in 2025.
  • Business Quant data shows Work In Process for ASPN at $7.5 million in Q3 2025, $9.4 million in Q2 2025, and $16.8 million in Q1 2025.