Aspen Aerogels (ASPN) Work In Process (2022 - 2026)
Aspen Aerogels' (ASPN) quarterly Work In Process came in at $5.8 million in Q1 2026, down 65.36% YoY 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) Work In Process (2022 - 2026) Analysis & Trends
Aspen Aerogels (ASPN) has 5 years of Work In Process data on file, last reported at $5.8 million in Q1 2026.
- Quarterly Work In Process fell 65.36% year-over-year to $5.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $5.8 million (down 65.36% YoY) and the FY2025 annual result came in at $5.5 million, down 42.86% from the prior year.
- Work In Process improved to $5.8 million in Q1 2026, from $5.5 million in the prior quarter.
- In the past five years, Work In Process ranged from a high of $16.8 million in Q1 2025 to a low of $2.2 million in Q4 2022.
- A 5-year average of $9.4 million and a median of $9.5 million in 2024 frame the typical range for Work In Process.
- Annual changes were most pronounced in 2023 — Work In Process jumped 260.07% — and 2026, when it tumbled 65.36%.
- Tracing ASPN's Work In Process over 5 years: stood at $2.2 million in 2022, then jumped by 260.07% to $7.9 million in 2023, then grew by 21.77% to $9.7 million in 2024, then sank by 42.86% to $5.5 million in 2025, then increased 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Trane Technologies | 100.21 Bn | 98.89 Bn | 2.26 Bn |
| 2 | Johnson Controls International | 87.02 Bn | 86.38 Bn | 2.47 Bn |
| 3 | Carrier Global | 50.08 Bn | 48.73 Bn | 1.94 Bn |
| 4 | Carlisle Companies | 14.80 Bn | 14.14 Bn | 568.40 Mn |
| 5 | Masco | 14.60 Bn | 14.06 Bn | 868.00 Mn |
| 6 | Lennox International | 13.99 Bn | 13.94 Bn | 539.50 Mn |
| 7 | Owens Corning | 11.96 Bn | 11.69 Bn | 793.00 Mn |
| 8 | Advanced Drainage Systems | 11.02 Bn | 10.86 Bn | 408.05 Mn |
| 9 | SPX Technologies | 10.33 Bn | 10.16 Bn | 272.80 Mn |
| 10 | Aspen Aerogels | 430.21 Mn | 276.79 Mn | 3.26 Mn |
Historic Data
Download 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 |