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

Aspen Aerogels (ASPN) has reported Work In Process for 5 consecutive years, with $6.8 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Work In Process fell 27.92% year-over-year to $6.8 million; the trailing twelve-month figure through Jun 2026 stood at $6.8 million (down 27.92% YoY), and the FY2025 full-year result was $5.5 million, down 42.86% from the prior year.
• Work In Process grew to $6.8 million in Q2 2026 per ASPN's latest filing, from $5.8 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.
• Historically, Work In Process has averaged $9.2 million across 5 years, with a median of $9.4 million in 2025.
• The sharpest annual moves came in 2023 and 2026: Work In Process surged 260.07% in 2023, then plunged 65.36% in 2026.
• Over 5 years, 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 tumbled by 42.86% to $5.5 million in 2025, then increased by 22.51% to $6.8 million in 2026.
• According to Business Quant data, Work In Process over the past three periods registered $6.8 million, $5.8 million, and $5.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.