NYSE$ASPN
Aspen Aerogels Inc · Q1 2026 earnings
Q1 2026 earnings · · Investor relations
Briefing
Aspen Aerogels reported Q1 2026 revenue of $37.9M with a net loss of $23.7M and diluted loss per share of $0.29.
For the quarter ended March 31, 2026, Aspen Aerogels generated revenue of $37.9 million, down 52% from $78.7 million in Q1 2025, reflecting lower thermal barrier and energy industrial volumes. The company reported a net loss of $23.7 million versus $301.2 million a year ago (prior year included large non-recurring charges). Diluted loss per share was $0.29 compared with $3.67. Revenue included $3.5 million from a customer settlement recognized over time.
- Revenue fell 52% YoY to $37.9M on lower OEM thermal barrier demand.
- Net loss was $23.7M; diluted EPS was a loss of $0.29.
- Customer settlement added $3.5M of deferred revenue recognition.
- Energy industrial and thermal barrier segments both declined.
- Management cites volume and pricing pressure from key OEM customers.
Headline financials
Revenue & EPS history
Aspen Aerogels · Revenue · Quarterly
$37.9M
Revenue by segment
Aspen Aerogels · $125M total across 1 segment · Q4 2022
- Energy Industrial$125M—100.0%
Forward guidance
The 10-Q discusses operational priorities and customer concentration but does not provide quantitative revenue or EPS targets for upcoming quarters.
Tailwinds
- Settlement revenue provides partial offset to volume declines.
- Prior-year loss included exceptional items not repeated in Q1 2026.
Headwinds
- Revenue down more than 50% YoY on weaker demand and pricing.
- Continued net losses and customer concentration risk.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2026
+0.3%
Avg return
Earnings day
+3.6%
Avg return
5 days after
+3.3%
Avg return
30 days after
57%
29 / 51 earnings
Positive
+52.3%
Q1 2024
Best reaction
-44.7%
Q3 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.8% | +5.3% | +9.9% | |
| Q4 2025 | -26.7% | -7.9% | -7.3% | |
| Q3 2025 | -44.7% | -51.1% | -52.2% | |
| Q1 2025 | -24.3% | +4.4% | +5.8% | |
| Q4 2024 | -23.4% | -27.3% | -37.2% | |
| Q3 2024 | -9.4% | -6.8% | -27.8% | |
| Q2 2024 | +8.8% | +16.8% | +20.5% | |
| Q1 2024 | +52.3% | +65.4% | +91.1% | |
| Q4 2023 | +19.4% | +46.3% | +49.2% | |
| Q3 2023 | +11.1% | +16.6% | +43.4% | |
| Q2 2023 | -8.7% | -14.4% | -22.2% | |
| Q1 2023 | +22.5% | +30.6% | +19.9% | |
| Q4 2022 | +16.5% | +12.1% | -37.9% | |
| Q3 2022 | +6.7% | +18.9% | +24.4% | |
| Q2 2022 | +19.9% | +28.7% | +29.3% | |
| Q1 2022 | -5.5% | -5.7% | -21.3% | |
| Q4 2021 | +3.8% | -0.5% | +12.0% | |
| Q3 2021 | +16.3% | +12.4% | +23.5% | |
| Q2 2021 | -4.4% | -4.0% | +12.1% | |
| Q1 2021 | -11.8% | -13.7% | -1.8% | |
| Q4 2020 | -1.1% | -1.0% | -16.3% | |
| Q3 2020 | +6.8% | +8.4% | +41.0% | |
| Q2 2020 | +1.0% | -3.8% | +41.8% | |
| Q1 2020 | +5.7% | +17.8% | +8.0% | |
| Q4 2019 | -2.5% | -18.1% | -48.2% | |
| Q3 2019 | +13.2% | +11.5% | +15.0% | |
| Q2 2019 | -5.0% | -2.0% | -8.5% | |
| Q1 2019 | +6.0% | +9.3% | +16.7% | |
| Q4 2018 | +2.5% | +5.1% | -19.2% | |
| Q3 2018 | +10.3% | +10.6% | -6.1% | |
| Q2 2018 | -7.5% | -8.7% | -6.6% | |
| Q1 2018 | +1.8% | +5.4% | +13.0% | |
| Q4 2017 | +2.3% | +1.8% | -4.1% | |
| Q3 2017 | +7.4% | +9.0% | +8.5% | |
| Q2 2017 | +6.1% | +4.2% | -8.6% | |
| Q1 2017 | +4.5% | +9.2% | +6.7% | |
| Q4 2016 | -7.8% | -4.8% | -7.6% | |
| Q3 2016 | -33.1% | -34.8% | -32.3% | |
| Q2 2016 | -4.8% | -3.2% | +2.4% | |
| Q1 2016 | +4.2% | — | — | |
| Q4 2015 | +9.9% | — | — | |
| Q3 2015 | -20.8% | — | — | |
| Q2 2015 | +7.4% | — | — | |
| Q1 2015 | -4.5% | — | — | |
| Q4 2012 | -10.3% | — | — | |
| Q1 2013 | -10.3% | — | — | |
| Q3 2013 | -16.2% | — | — | |
| Q4 2014 | +13.6% | — | — | |
| Q2 2013 | +9.2% | — | — | |
| Q4 2013 | +9.2% | — | — | |
| Q2 2014 | +0.4% | — | — | |
| Q3 2014 | — | — | — | |
| Q1 2014 | — | — | — | |
| Q3 2012 | — | — | — | |
| Q2 2011 | — | — | — | |
| Q1 2011 | — | — | — | |
| Q2 2010 | — | — | — | |
| Q1 2010 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro