Filing Flows › Aspen Aerogels (ASPN) › How it makes money
How Aspen Aerogels (ASPN) makes money
Aspen Aerogels (ASPN) made $85.2M of revenue in the third quarter 2026 (Q3 2026), +17% from a year earlier. Thermal Barrier brought in $45.3M (53%); Energy Industrial brought in $39.9M (47%).
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Thermal Barrier | $45.3M | 53.1% | +54% | -7% |
| Energy Industrial | $39.9M | 46.9% | +96% | +64% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $85.2M | 100.0% |
| Income tax | $602K | 0.7% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $85.2M | +17% |
| Q2 2026 | $49.8M | -36% |
| Q1 2026 | $37.9M | -52% |
| Q4 2025 | $41.3M | -66% |
| Q3 2025 | $73.0M | -38% |
| Q2 2025 | $78.0M | -34% |
| Q1 2025 | $78.7M | -17% |
From Aspen Aerogels' 10-Q filed Nov 5, 2026 (on EDGAR).
Questions
How does Aspen Aerogels make money?
Aspen Aerogels (ASPN) made $85.2M of revenue in the third quarter 2026 (Q3 2026), +17% from a year earlier. Thermal Barrier brought in $45.3M (53%); Energy Industrial brought in $39.9M (47%).
What is Aspen Aerogels' biggest business?
Thermal Barrier: $45.3M in the third quarter 2026, 53% of revenue, -7% from a year earlier.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.