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| Date | Value |
|---|---|
| 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 |