Aspen Aerogels (ASPN) Work In Process (2022 - 2026)
Aspen Aerogels' Work In Process came in at $6.77 million for Q2 2026, down 27.9% from $9.39 million a year earlier but up 16.2% from the prior quarter.
Aspen Aerogels (ASPN) Work In Process (2022 - 2026) Analysis & Trends
At the end of FY2025, Aspen Aerogels' Work In Process was $5.52 million, down 42.9% from FY2024.
- Work In Process carries a three-year compound annual growth rate of 35.8% (FY2022 to FY2025).
- Going back by year, Work In Process was $9.66 million in FY2024 (+21.8%), $7.94 million in FY2023 (+260.1%) and $2.2 million in FY2022.
- The five-year range for quarterly Work In Process is $2.2 million (Q4 2022) to $16.81 million (Q1 2025).
- Year-over-year, Work In Process has declined for five consecutive quarters, with an average decline of 17.2% over the last eight quarters.
- The fastest year-over-year change in Work In Process over five years came in Q4 2023 (growth of 260.1%), and the weakest in Q1 2026 (a decline of 65.4%).
- Business Quant data shows ASPN's Work In Process at $5.82 million (Q1 2026), $5.52 million (Q4 2025) and $7.54 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Linde | 218.80 Bn | 201.92 Bn | 4.43 Bn |
| 2 | Corning | 132.43 Bn | 125.56 Bn | 1.63 Bn |
| 3 | Sherwin Williams | 78.49 Bn | 77.53 Bn | 3.34 Bn |
| 4 | Air Products & Chemicals | 61.97 Bn | 59.87 Bn | 1.04 Bn |
| 5 | Corteva | 51.82 Bn | 40.62 Bn | 3.66 Bn |
| 6 | LyondellBasell Industries | 37.12 Bn | 26.74 Bn | 2.04 Bn |
| 7 | Nutrien | 33.86 Bn | 30.73 Bn | 3.25 Bn |
| 8 | Qnity Electronics | 26.31 Bn | 23.73 Bn | 666.00 Mn |
| 9 | Ati | 25.78 Bn | 23.93 Bn | 309.80 Mn |
| 10 | Aspen Aerogels | 453.95 Mn | -179.24 Mn | 3.26 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.77 Mn |
| 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 |
Aspen Aerogels Work In Process API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=work-in-process&ticker=ASPN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "work-in-process", "ticker": "ASPN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=work-in-process&ticker=ASPN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();