Aspen Aerogels, Inc. (ASPN)
NYSE: ASPN · Real-Time Price · USD
5.85
-0.22 (-3.62%)
At close: Aug 14, 2026, 4:00 PM EDT
5.90
+0.05 (0.85%)
After-hours: Aug 14, 2026, 7:34 PM EDT
Aspen Aerogels Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | -126.2 | -389.55 | 13.38 | -45.81 | -82.74 | -37.09 |
Depreciation & Amortization | 21.04 | 22.96 | 22.53 | 15.32 | 9.22 | 9.44 |
Other Amortization | 5.41 | 3.64 | 3.44 | 0.93 | 0.03 | 0.02 |
Loss (Gain) From Sale of Assets | 18.16 | 18.16 | - | - | - | - |
Asset Writedown & Restructuring Costs | 25.81 | 313.83 | 7.61 | - | - | - |
Stock-Based Compensation | 7.59 | 8.63 | 12.86 | 10.95 | 9.39 | 5.18 |
Provision & Write-off of Bad Debts | 3.49 | 3.54 | 0.25 | -0.09 | 0.12 | -0.09 |
Other Operating Activities | 2.11 | 3.12 | 36.46 | 7.26 | 7.75 | -2.12 |
Change in Accounts Receivable | 32.4 | 70.3 | -39.36 | -12.55 | -37.04 | -4.64 |
Change in Inventory | 24.17 | 9.3 | -8.36 | -16.65 | -10.55 | 1.11 |
Change in Accounts Payable | 3.34 | -19.45 | 7.34 | 4.58 | 5.32 | 7.38 |
Change in Unearned Revenue | 34.65 | -0.94 | -0.12 | -3.53 | 4.53 | -0.54 |
Change in Other Net Operating Assets | -2.85 | -10.65 | -10.46 | -3.02 | -0.42 | 2.73 |
Operating Cash Flow | 49.12 | 32.87 | 45.55 | -42.61 | -94.4 | -18.63 |
Operating Cash Flow Growth | -15.55% | -27.83% | - | - | - | - |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -14.74 | -37.45 | -86.26 | -175.46 | -177.97 | -13.78 |
Investing Cash Flow | -14.74 | -37.45 | -86.26 | -175.46 | -177.97 | -13.78 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | - | 182.98 | - | 100 | - |
Total Debt Issued | 3.5 | - | 182.98 | - | 100 | - |
Long-Term Debt Repaid | - | -59.23 | -157.4 | - | -9.73 | - |
Total Debt Repaid | -54.16 | -59.23 | -157.4 | - | -9.73 | - |
Net Debt Issued (Repaid) | -50.66 | -59.23 | 25.59 | - | 90.27 | - |
Issuance of Common Stock | 2.03 | 1.89 | 104.2 | 76.66 | 402.17 | 97.32 |
Repurchase of Common Stock | -0.37 | -0.77 | -1.29 | -0.42 | -2.36 | -2.71 |
Other Financing Activities | - | -0.03 | -6.48 | -0.76 | -11.71 | -2.14 |
Financing Cash Flow | -48.99 | -58.13 | 122.02 | 75.48 | 478.37 | 92.47 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Cash Flow | -14.61 | -62.71 | 81.31 | -142.59 | 206 | 60.07 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 34.38 | -4.58 | -40.71 | -218.07 | -272.37 | -32.41 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Margin | 17.01% | -1.69% | -8.99% | -91.35% | -151.01% | -26.65% |
Free Cash Flow Per Share | 0.42 | -0.06 | -0.51 | -3.14 | -6.92 | -1.06 |
Levered Free Cash Flow | 44.06 | 21.08 | -71.2 | -220.95 | -222.55 | -6.58 |
Unlevered Free Cash Flow | 45.9 | 24.14 | -67.16 | -218.55 | -219.39 | -6.46 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 10.1 | 12.22 | 7.01 | 0 | 0.15 | 0.24 |
Cash Income Tax Paid | 1.03 | 4.13 | - | - | - | - |
Change in Working Capital | 91.71 | 48.56 | -50.96 | -31.17 | -38.17 | 6.03 |