Aspen Aerogels, Inc. Reports Fourth Quarter and Fiscal Year 2024 Financial Results and Recent Business Highlights
Aspen Aerogels, Inc. (ASPN)
Last aspen aerogels, inc. earnings: 4/30 04:15 pm
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US:NYSE Investor Relations:
ir.aerogel.com/investors/investors-home/default.aspx
Company Research
Source: PR Newswire
$452.7 million in FY 2024 revenue, a 90% year-over-year increaseFY 2024 gross margins grew to 40%, driving $13.4 million of net income and $89.9 million of Adjusted EBITDA Record Energy Industrial revenue in Q4 of $53.1 millionEnded the year with $220.9 million of cash and generated $20.9 million of free cash flow in Q4External manufacturing facility capable of increasing capacity; demobilizing Statesboro plant projectAwarded PyroThin® Thermal Barrier contract for Volvo Truck commercial vehicle programNORTHBOROUGH, Mass., Feb. 12, 2025 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced financial results for the fourth quarter and full year 2024 and discussed recent business developments.Total revenue for the fourth quarter of 2024 was $123.1 million, compared to $84.3 million in the fourth quarter of 2023. Net income was $11.4 million, compared to a net loss of $0.5 million
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ASPN
News
- Aspen Aerogels Announces Amendment to MidCap Credit FacilityGlobeNewswire
- Aspen Aerogels (NYSE:ASPN) had its "sell (d-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Aspen Aerogels (NYSE:ASPN) was downgraded by analysts at Zacks Research from a "hold" rating to a "strong sell" rating.MarketBeat
- How Recent Developments Are Reshaping the Aspen Aerogels Investment Story [Yahoo! Finance]Yahoo! Finance
- Aspen Aerogels: No Insulation For Investors [Seeking Alpha]Seeking Alpha
ASPN
Earnings
- 11/6/25 - Miss
ASPN
Sec Filings
- 12/18/25 - Form 8-K
- 11/14/25 - Form 4
- 11/6/25 - Form 10-Q
- ASPN's page on the SEC website