Growth Metrics

Aspen Aerogels (ASPN) Work In Process (2022 - 2026)

Aspen Aerogels posted quarterly Work In Process of $5.8 million for Q1 2026, down 65.36% year-on-year from $16.8 million in Q1 2025, and up 5.41% on a QoQ basis from $5.5 million in Q4 2025.

Aspen Aerogels (ASPN) has 5 years of Work In Process data on file, last reported at $5.8 million in Q1 2026.

  • For the quarter ending Q1 2026, Work In Process fell 65.36% year-over-year to $5.8 million; the trailing twelve-month figure through Mar 2026 stood at $5.8 million (down 65.36% YoY), and the FY2025 full-year result was $5.5 million, down 42.86% from the prior year.
  • Work In Process for Q1 2026 stood at $5.8 million, up from $5.5 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.
  • The 5-year median for Work In Process is $9.5 million (2024), against an average of $9.4 million.
  • The widest annual swing landed in 2023, when Work In Process jumped 260.07%; it then sank 65.36% in 2026.
  • A 5-year view of Work In Process shows it stood at $2.2 million in 2022, then surged by 260.07% to $7.9 million in 2023, then increased by 21.77% to $9.7 million in 2024, then plunged by 42.86% to $5.5 million in 2025, then rose by 5.41% to $5.8 million in 2026.
  • The last three Work In Process figures came in at $5.8 million (Q1 2026), $5.5 million (Q4 2025), and $7.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (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
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
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

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 5.82 Mn
Dec 31, 2025 5.52 Mn
Sep 30, 2025 7.54 Mn
Jun 30, 2025 9.39 Mn
Mar 31, 2025 16.81 Mn
Dec 31, 2024 9.66 Mn
Sep 30, 2024 12.23 Mn
Jun 30, 2024 11.27 Mn
Mar 31, 2024 13.94 Mn
Dec 31, 2023 7.94 Mn
Sep 30, 2023 11.02 Mn
Dec 31, 2022 2.20 Mn