Aspen Aerogels Inc
ASPNBasic Materials·Specialty Chemicals·USA·Small·NYSE·Nov 11 • 8:17 AM ET
Price
ASPN against its 20, 50 and 200-day averages31.7% under 8.56 on 31 Oct 2025. Last 15 sessions, 35.2% high to low
Profile
ASPNAspen Aerogels, Inc. engages in designing, developing, and manufacturing aerogel insulation used primarily in the energy infrastructure and building materials markets. Its products include Cryogel, Pyrogel, and Spaceloft. It operates through the following segments: Thermal Barrier and Energy Industrial. The Thermal Barrier segment is actively developing aerogel products and technologies for the EV market. The Energy Industrial segment designs, develops and manufactures innovative, high-performance aerogel insulation used primarily in the energy industrial and sustainable insulation markets. The company was founded by Hamed S. Borhanian, Patrick J. Piper, and Kang P. Lee on May 4, 2001 and is headquartered in Northborough, MA.
| Index | RUT |
|---|---|
| Employees | 854 |
| IPO | Jun 13, 2014 |
| Beta | 3.05 |
| ATR, 14d | 0.40 |
| Rel volume | 0.00 |
| Short float | 7.83% |
| Insider own | 1.47% |
| Inst own | 83.64% |
Snapshot
6 groupsValuation
| Index | RUT |
|---|---|
| Market Cap | 486.30M |
| Enterprise Value | 455.87M |
| Income | -130.29M |
| Sales | 214.25M |
| Book/sh | 2.22 |
| Cash/sh | 1.76 |
| Dividend Est. | - |
| Dividend TTM | - |
| Dividend Ex-Date | - |
| Dividend Gr. 3/5Y | - - |
| Payout | - |
| Employees | 854 |
| IPO | Jun 13, 2014 |
Ratios
| P/E | - |
|---|---|
| Forward P/E | - |
| PEG | - |
| P/S | 2.27 |
| P/B | 2.64 |
| P/C | 3.32 |
| P/FCF | 24.38 |
| EV/EBITDA | - |
| EV/Sales | 2.13 |
| Quick Ratio | 1.85 |
| Current Ratio | 2.09 |
| Debt/Eq | 0.63 |
| LT Debt/Eq | 0.45 |
| Option/Short | Yes / Yes |
Earnings
| EPS (ttm) | -1.57 |
|---|---|
| EPS next Y | -0.17 |
| EPS next Q | -0.10 |
| EPS this Y | 83.19% |
| EPS next Y | 77.99% |
| EPS next 5Y | - |
| EPS past 3/5Y | -31.06% -41.75% |
| Sales past 3/5Y | 14.55% 22.01% |
| EPS Y/Y TTM | 57.65% |
| Sales Y/Y TTM | -39.28% |
| EPS Q/Q | -63.07% |
| Sales Q/Q | 16.66% |
| Earnings | Nov 05 BMO |
| EPS/Sales Surpr. | -44.44% 18.19% |
Ownership
| Insider Own | 1.47% |
|---|---|
| Insider Trans | -90.95% |
| Inst Own | 83.64% |
| Inst Trans | -9.39% |
| ROA | -29.43% |
| ROE | -53.16% |
| ROIC | -48.73% |
| Gross Margin | 11.97% |
| Oper. Margin | -32.41% |
| Profit Margin | -60.81% |
| SMA20 | 9.68% |
| SMA50 | 10.69% |
| SMA200 | 23.42% |
| Trades | - |
Technical
| Shs Outstand | 83.13M |
|---|---|
| Shs Float | 81.91M |
| Short Float | 7.83% |
| Short Ratio | 6.57 |
| Short Interest | 6.41M |
| 52W High | 8.10 -27.78% |
| 52W Low | 2.30 154.35% |
| Volatility | 13.49% 7.27% |
| ATR (14) | 0.40 |
| RSI (14) | 57.16 |
| Beta | 3.05 |
| Rel Volume | 0.00 |
| Avg Volume | 975.85K |
| Volume | 92 |
Performance
| Perf Week | 21.87% |
|---|---|
| Perf Month | 6.95% |
| Perf Quarter | -3.62% |
| Perf Half Y | 8.33% |
| Perf YTD | 106.71% |
| Perf Year | 61.60% |
| Perf 3Y | -36.00% |
| Perf 5Y | -89.70% |
| Perf 10Y | 48.48% |
| Recom | 2.00 |
| Target Price | 7.75 |
| Prev Close | 5.72 |
| Price | 5.85 |
| Change % | 2.27% |
Analyst ratings
latest 10 of 20| Date | Action | Analyst | Rating change | Target | Implied |
|---|---|---|---|---|---|
| Aug 11, 2025 | Downgrade | BBarclays | Equal Weight → Underweight | $16 | +173.5% |
| May 29, 2025 | Downgrade | BBarclays | Overweight → Equal Weight | $7 | +19.7% |
| May 08, 2025 | Downgrade | OOppenheimer | Outperform → Perform | ||
| Mar 07, 2025 | Resumed | TTD Cowen | Buy | $11 | +88.0% |
| Feb 13, 2025 | Downgrade | SSeaport Research Partners | Buy → Neutral | ||
| Aug 06, 2024 | Initiated | BBarclays | Overweight | $27 | +361.5% |
| Mar 06, 2024 | Initiated | RROTH MKM | Buy | $22 | +276.1% |
| Mar 20, 2023 | Upgrade | TThe Benchmark Company | Hold → Buy | $14 | +139.3% |
| Oct 21, 2022 | Resumed | CCanaccord Genuity | Buy | $20 | +241.9% |
| Dec 10, 2021 | Initiated | TThe Benchmark Company | Buy | $70 | +1,096.6% |
Peers
Mkt cap| Ticker | Company | Mkt cap |
|---|---|---|
| CBT | Cabot Corp | 3.71B |
| MATV | Mativ Holdings Inc | 666.17M |
| CMT | Core Molding Technologies | 193.60M |
| ROG | Rogers Corp | 2.28B |
| OC | Owens Corning | 9.48B |
| THRM | Gentherm Inc | 1.56B |
| MOD | Modine Manufacturing Co | 5.81B |
| IBP | Installed Building Products Inc | 5.65B |
| CSL | Carlisle Companies Inc | 15.27B |
| AWI | Armstrong World Industries Inc | 7.41B |
Insider trading
5 filings| Insider | Relationship | Date | Transaction | Cost | Shares | Value | Total held | Form |
|---|---|---|---|---|---|---|---|---|
| Wood River Capital, LLC | Former 10% Owner | Sep 23 '26 | Sale | 4.73 | 12,280,426 | 58,086,415 | 0 | Sep 24 08:59 PM |
| SANTHOSH P DANIEL | Officer | Aug 10 '26 | Proposed Sale | 6.31 | 5,593 | 35,292 | Aug 10 04:26 PM | |
| NOGLOWS WILLIAM P | Director | Jun 23 '26 | Option Exercise | 4.75 | 14,799 | 70,295 | 114,156 | Jun 26 04:15 PM |
| Young Donald R | President and CEO | Nov 13 '25 | Sale | 3.23 | 56,845 | 183,609 | 494,011 | Nov 14 05:00 PM |
| DONALD YOUNG | Director | Nov 13 '25 | Proposed Sale | 3.43 | 56,845 | 194,978 | Nov 13 04:26 PM |
Held by
AUM| Ticker | Company | AUM |
|---|---|---|
| VTI | Vanguard Morningstar Total Stock Market ETF | AUM: 689.41B |
| IWM | iShares Russell 2000 Index Fund | AUM: 78.30B |
| AVUV | Avantis U.S. Small Cap Value ETF | AUM: 32.40B |
| KOMP | State Street SPDR S&P Kensho New Economies Composite ETF | AUM: 2.49B |
| PBW | Invesco WilderHill Clean Energy ETF | AUM: 316.40M |
| VXF | Vanguard Extended Market Index ETF | AUM: 30.61B |
| IWN | iShares Russell 2000 Value ETF | AUM: 14.17B |
| SCHA | Schwab U.S. Small-Cap ETF | AUM: 22.32B |
| VTWO | Vanguard Russell 2000 Index ETF | AUM: 16.97B |
| DFAS | U.S. Small Cap Portfolio-ETF Class Shares | AUM: 15.57B |
News
latest 14 of 206- Aspen Aerogels Crushes Q3 Estimates, But A Step-Down Q4 Guide And Incident Costs Complicate The Rebound (Earnings Whispers) +7.50%
- Aspen Aerogels: Q3 Earnings Snapshot (Associated Press)
- Aspen Aerogels, Inc. Reports Third Quarter 2026 Financial Results and Recent Business Highlights (GlobeNewswire)
- Aspen Aerogels Appoints Stacy Nieuwoudt to Board of Directors (GlobeNewswire)
- Aspen Aerogels Must Prove Its First Positive EBITDA Guide Was More Than A Promise (Earnings Whispers)
- Loading…
- Aspen Aerogels, Inc. Schedules Third Quarter 2026 Earnings Release and Conference Call (GlobeNewswire)
- These 5 Green Stocks Have Crushed Clean Energy ETFs, S&P 500 And AI Funds In 2026 (Stocktwits)
- Aspen Aerogels Inc (ASPN) (Q2 2026) Earnings Call Highlights: Strong Q3 Outlook and European ... (GuruFocus.com) +37.52% -9.29%
- Aspen Aerogels: Q2 Earnings Snapshot (Associated Press)
- Aspen Aerogels, Inc. Reports Second Quarter 2026 Financial Results and Recent Business Highlights (GlobeNewswire)
- Earnings To Watch: Aspen Aerogels Inc (ASPN) Q2 2026 -- GF Value Sees 17% Upside (GuruFocus.com)
- Aspen Aerogels, Inc. to Present at the 29th Annual Oppenheimer Conference (GlobeNewswire) +6.98%
- Aspen Aerogels, Inc. Schedules Second Quarter 2026 Earnings Release and Conference Call (GlobeNewswire) -9.50%
Quarterly earnings
actual against estimate| Period | Reported | EPS act | EPS est | EPS rep | Sales act | Sales est | Analysts |
|---|---|---|---|---|---|---|---|
| No quarterly earnings. | |||||||
Annual earnings
| Period | EPS act | EPS est | EPS rep | Sales act | Sales est |
|---|---|---|---|---|---|
| No annual earnings. | |||||
Estimate revisions
last 14 periods| Period | Type | Date | Estimates | Up | Down | Mean | Low | High |
|---|---|---|---|---|---|---|---|---|
| No estimate revisions. | ||||||||
Estimate history
| EPS, annual | -0.83 | -1.451 | -0.604 | -0.827 | -1.219 | -2.102 | -0.66 | 0.167 | -4.732 | -1.5745 |
|---|---|---|---|---|---|---|---|---|---|---|
| Period | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
| EPS, quarterly | -0.17 | 0.137 | -3.671 | -0.11 | -0.077 | -0.882 | -0.286 | -0.281 | -0.125 | |
| Period | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
| Sales, annual | 111.631 | 104.361 | 139.375 | 100.273 | 121.622 | 180.364 | 238.718 | 452.699 | 271.103 | 214.25 |
| Period | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
| Sales, quarterly | 117.34 | 123.088 | 78.723 | 78.024 | 73.017 | 41.339 | 37.884 | 49.849 | 85.178 | |
| Period | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
| Shares, annual | 23.643 | 23.974 | 24.303 | 27.822 | 33.218 | 69.995 | 76.503 | 82.04 | 82.711 | 83.128 |
| Period | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | MRQ |
| Shares, quarterly | 77.156 | 82.04 | 82.174 | 82.253 | 82.563 | 82.711 | 82.826 | 82.988 | 83.128 | |
| Period | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
Income statement, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY | 2020FY | 2019FY | 2018FY |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 214.25 | 271.10 | 452.70 | 238.72 | 180.36 | 121.62 | 100.27 | 139.38 | 104.36 |
| Cost of Goods Sold Incl. D&A | 188.60 | 225.10 | 265.70 | 181.80 | 175.39 | 111.69 | 85.68 | 113.09 | 91.69 |
| Gross Profit | 25.64 | 46.00 | 187.00 | 56.92 | 4.98 | 9.94 | 14.59 | 26.28 | 12.67 |
| Selling, General and Administrative Excl. Other | 95.08 | 96.89 | 122.05 | 106.12 | 84.22 | 50.54 | 36.16 | 40.44 | 39.23 |
| Research and Development | 11.19 | 13.42 | 18.05 | 16.36 | 16.93 | 11.44 | 8.73 | 8.41 | 6.32 |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -69.43 | -50.89 | 64.94 | -49.20 | -79.25 | -40.60 | -21.57 | -14.16 | -26.56 |
| Interest Expense | 11.33 | 10.72 | 11.96 | 5.33 | 5.11 | 0.23 | 0.24 | 0.41 | 0.52 |
| Unusual Expense | 25.63 | 306.89 | 35.10 | 0.00 | 0.00 | -3.73 | 0.00 | 0.00 | 7.36 |
| Net Income Before Taxes | -129.42 | -387.16 | 15.09 | -45.81 | -82.74 | -37.09 | -21.81 | -14.56 | -34.44 |
| Income Taxes | 0.87 | 2.39 | 1.71 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Consolidated Net Income | -130.29 | -389.55 | 13.38 | -45.81 | -82.74 | -37.09 | -21.81 | -14.56 | -34.44 |
| Net Income From Continuing Operations | -130.29 | -389.55 | 13.38 | -45.81 | -82.74 | -37.09 | -21.81 | -14.56 | -34.44 |
| Net Income | -130.29 | -389.55 | 13.38 | -45.81 | -82.74 | -37.09 | -21.81 | -14.56 | -34.44 |
| EPS (Recurring) | -1.35 | -2.12 | 0.47 | -0.66 | -2.10 | -1.30 | -0.83 | -0.60 | -1.23 |
| EPS (Basic, Before Extraordinaries) | -1.57 | -4.73 | 0.17 | -0.66 | -2.10 | -1.22 | -0.83 | -0.60 | -1.45 |
| EPS (Diluted) | -1.57 | -4.73 | 0.17 | -0.66 | -2.10 | -1.22 | -0.83 | -0.60 | -1.45 |
| EBITDA | -22.31 | -2.20 | 89.36 | -31.03 | -67.38 | -29.54 | -10.40 | -3.00 | -15.77 |
| Non-Operating Income (Expense) | -23.03 | -18.66 | -2.80 | 8.72 | 1.62 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 7.48 | 7.25 | 10.16 | 10.95 | 9.38 | 5.18 | 5.00 | 3.77 | 4.30 |
| Price To Earnings Ratio | - | - | 1,060.71 | - | - | - | - | - | - |
| Price To Sales Ratio | 2.12 | 0.86 | 2.11 | 4.59 | 2.57 | 12.46 | 4.39 | 1.34 | 0.48 |
| Gross Margin | 11.97 | 16.97 | 41.31 | 23.84 | 2.76 | 8.17 | 14.55 | 18.86 | 12.14 |
| Operating Margin | -32.41 | -18.77 | 14.35 | -20.61 | -43.94 | -33.38 | -21.51 | -10.16 | -25.45 |
| Net Margin | -60.81 | -143.69 | 2.95 | -19.19 | -45.87 | -30.50 | -21.75 | -10.45 | -33.00 |
| Shares Outstanding | 83.13 | 82.71 | 82.04 | 76.50 | 69.99 | 33.22 | 27.82 | 24.30 | 23.97 |
| Market Capitalization | 475.49 | 475.49 | 974.72 | 1,204.29 | 780.17 | 1,647.02 | 448.43 | 188.57 | 51.06 |
Income statement, quarterly
| Metric | 2026Q3 | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 | 2024Q4 |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 85.18 | 49.85 | 37.88 | 41.34 | 73.02 | 78.02 | 78.72 | 123.09 |
| Cost of Goods Sold Incl. D&A | 49.46 | 41.27 | 33.61 | 64.27 | 52.22 | 52.71 | 55.91 | 75.95 |
| Gross Profit | 35.72 | 8.58 | 4.28 | -22.93 | 20.80 | 25.32 | 22.81 | 47.13 |
| Selling, General and Administrative Excl. Other | 23.08 | 23.14 | 24.68 | 24.18 | 22.58 | 24.58 | 25.75 | 31.61 |
| Research and Development | 2.48 | 3.19 | 2.72 | 2.79 | 2.49 | 3.79 | 4.33 | 4.41 |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | 12.64 | -14.56 | -20.41 | -47.11 | -1.78 | 0.74 | -2.94 | 15.52 |
| Interest Expense | 2.70 | 2.78 | 3.15 | 2.70 | 2.97 | 3.08 | 1.96 | 3.53 |
| Unusual Expense | 15.15 | 5.32 | 0.43 | 4.74 | 0.99 | 5.89 | 296.40 | 0.81 |
| Net Income Before Taxes | -9.82 | -22.64 | -23.94 | -73.01 | -5.74 | -8.23 | -300.17 | 11.19 |
| Income Taxes | 0.60 | 0.62 | -0.25 | -0.10 | 0.59 | 0.82 | 1.08 | -0.17 |
| Consolidated Net Income | -10.42 | -23.26 | -23.69 | -72.91 | -6.33 | -9.06 | -301.25 | 11.36 |
| Net Income From Continuing Operations | -10.42 | -23.26 | -23.69 | -72.91 | -6.33 | -9.06 | -301.25 | 11.36 |
| Net Income | -10.42 | -23.26 | -23.69 | -72.91 | -6.33 | -9.06 | -301.25 | 11.36 |
| EPS (Recurring) | 0.00 | -0.24 | -0.28 | -0.84 | -0.07 | -0.06 | -1.14 | 0.14 |
| EPS (Basic, Before Extraordinaries) | -0.13 | -0.28 | -0.29 | -0.88 | -0.08 | -0.11 | -3.67 | 0.14 |
| EPS (Diluted) | -0.13 | -0.28 | -0.29 | -0.88 | -0.08 | -0.11 | -3.67 | 0.14 |
| EBITDA | 19.11 | -9.39 | -13.95 | -18.07 | 4.44 | 7.73 | 3.51 | 20.85 |
| Non-Operating Income (Expense) | -4.61 | 0.01 | 0.04 | -18.46 | 0.00 | 0.00 | 1.13 | 0.00 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 1.75 | 2.91 | 1.83 | 0.99 | 2.09 | 2.54 | 1.64 | 2.01 |
| Price To Earnings Ratio | - | - | - | - | - | - | 41.09 | 1,060.71 |
| Price To Sales Ratio | 2.12 | 2.60 | 1.23 | 0.86 | 1.63 | 1.22 | 1.20 | 2.18 |
| Gross Margin | 41.93 | 17.22 | 11.29 | -55.47 | 28.49 | 32.45 | 28.98 | 38.29 |
| Operating Margin | 14.84 | -29.20 | -53.87 | -113.96 | -2.44 | 0.95 | -3.73 | 12.61 |
| Net Margin | -12.23 | -46.67 | -62.54 | -176.38 | -8.67 | -11.61 | -382.67 | 9.23 |
| Shares Outstanding | 83.13 | 82.99 | 82.83 | 82.71 | 82.56 | 82.25 | 82.17 | 82.04 |
| Market Capitalization | 475.49 | 525.44 | 283.26 | 233.89 | 573.23 | 486.47 | 524.65 | 974.72 |
Balance sheet, annual
| Metric | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY | 2020FY | 2019FY | 2018FY | 2017FY |
|---|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 158.57 | 221.28 | 139.97 | 282.56 | 76.56 | 16.50 | 3.63 | 3.33 | 10.69 |
| Short Term Receivables | 35.27 | 109.10 | 70.00 | 57.35 | 20.43 | 15.70 | 32.25 | 25.57 | 26.76 |
| Inventories | 38.25 | 47.55 | 39.19 | 22.54 | 11.99 | 13.10 | 8.77 | 7.32 | 8.91 |
| Other Current Assets | 9.93 | 31.52 | 17.18 | 7.24 | 3.17 | 1.83 | 1.11 | 1.04 | 1.29 |
| Total Current Assets | 242.02 | 409.45 | 266.33 | 369.69 | 112.15 | 47.12 | 45.77 | 37.25 | 47.66 |
| Net Property, Plant & Equipment | 122.55 | 480.13 | 434.44 | 271.21 | 69.31 | 50.22 | 57.65 | 61.70 | 76.07 |
| Total Investments and Advances | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Intangible Assets | 0.00 | - | - | - | - | - | - | - | - |
| Other Assets | 42.12 | 5.57 | 2.28 | 2.52 | 1.50 | 0.08 | 0.08 | 0.07 | 0.09 |
| Total Assets | 406.68 | 895.14 | 703.05 | 643.42 | 182.95 | 97.42 | 103.50 | 99.02 | 123.81 |
| Short Term Debt Incl. Current Port. of LT Debt | 34.57 | 27.06 | 1.87 | 2.37 | 2.25 | 2.65 | 4.16 | 4.18 | 3.75 |
| Accounts Payable | 13.24 | 44.36 | 51.09 | 54.73 | 17.44 | 5.35 | 12.60 | 12.39 | 10.65 |
| Other Current Liabilities | 14.21 | 38.69 | 25.13 | 21.85 | 16.87 | 5.92 | 13.68 | 6.49 | 7.17 |
| Total Current Liabilities | 62.02 | 110.11 | 78.09 | 78.94 | 36.55 | 13.93 | 30.43 | 23.07 | 21.57 |
| Long Term Debt | 109.14 | 170.33 | 136.90 | 117.04 | 12.99 | 5.66 | 4.29 | 0.00 | 0.00 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 0.00 | 0.00 | 0.00 | 0.00 | 5.00 | 9.99 | 9.79 | 5.70 | 1.30 |
| Total Liabilities | 171.16 | 280.44 | 214.99 | 195.98 | 54.55 | 29.57 | 44.51 | 28.77 | 22.87 |
| Non-Equity Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Common Equity | 235.52 | 614.71 | 488.06 | 447.44 | 128.41 | 67.85 | 58.99 | 70.25 | 100.94 |
| Total Shareholders Equity | 235.52 | 614.71 | 488.06 | 447.44 | 128.41 | 67.85 | 58.99 | 70.25 | 100.94 |
| Accumulated Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Equity | 235.52 | 614.71 | 488.06 | 447.44 | 128.41 | 67.85 | 58.99 | 70.25 | 100.94 |
| Total Liabilities & Stockholders Equity | 406.68 | 895.14 | 703.05 | 643.42 | 182.95 | 97.42 | 103.50 | 99.02 | 123.81 |
| Book Value Per Share | 2.85 | 7.49 | 6.38 | 6.39 | 3.87 | 2.44 | 2.43 | 2.93 | 4.27 |
| Tangible Book Value Per Share | 2.85 | 7.49 | 6.38 | 6.39 | 3.87 | 2.44 | 2.43 | 2.93 | 4.27 |
| Full-Time Employees | 854 | 554 | 548 | 533 | 418 | 290 | 304 | 296 | 264 |
| Price to Book Ratio | 2.58 | 1.81 | 2.70 | 2.64 | 12.88 | 6.84 | 3.20 | 0.73 | 1.14 |
| Return on Assets | -59.85 | 1.67 | -6.80 | -20.02 | -26.46 | -21.71 | -14.38 | -30.91 | -14.95 |
| Return on Equity | -91.64 | 2.43 | -9.79 | -28.74 | -37.80 | -34.39 | -22.54 | -40.23 | -17.85 |
| Return on Invested Capital | -113.03 | 1.70 | -7.33 | -14.66 | -26.23 | -29.67 | -23.02 | -49.02 | -19.14 |
| Quick Ratio | 3.29 | 3.29 | 2.91 | 4.40 | 2.74 | 2.44 | 1.22 | 1.30 | 1.80 |
| Current Ratio | 3.90 | 3.72 | 3.41 | 4.68 | 3.07 | 3.38 | 1.50 | 1.61 | 2.21 |
Cash flow, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY | 2020FY | 2019FY | 2018FY |
|---|---|---|---|---|---|---|---|---|---|
| Net Income | -130.29 | -389.55 | 13.38 | -45.81 | -82.74 | -37.09 | -21.81 | -14.56 | -34.44 |
| Depreciation | 47.13 | 48.69 | 24.41 | 18.18 | 11.86 | 11.06 | 11.17 | 11.16 | 10.79 |
| Other Funds (Non Cash) | 42.99 | 325.59 | 58.72 | 16.19 | 14.64 | 1.38 | 5.34 | 3.77 | 14.46 |
| Funds from Operations | -41.42 | -15.69 | 96.51 | -11.45 | -56.23 | -24.66 | -5.30 | 0.37 | -9.19 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | 71.75 | 48.56 | -50.96 | -31.17 | -38.16 | 6.03 | -4.62 | -1.42 | 0.54 |
| Cash from Operating Activities | 30.33 | 32.87 | 45.55 | -42.61 | -94.40 | -18.63 | -9.92 | -1.05 | -8.65 |
| Capital Expenditures | -10.38 | -37.45 | -86.26 | -175.46 | -177.97 | -13.78 | -3.42 | -2.11 | -3.59 |
| Net Assets From Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | - |
| Sale of Fixed Assets and Businesses | 8.91 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | - |
| Purchase or Sale of Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchase of Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale Or Maturity of Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Uses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Sources | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Investing Activities | -1.47 | -37.45 | -86.26 | -175.46 | -177.97 | -13.78 | -3.42 | -2.11 | -3.59 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change in Capital Stock | 1.61 | 1.87 | 104.20 | 76.52 | 390.64 | 95.19 | 17.41 | 0.00 | 0.00 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 1.61 | 1.87 | 104.20 | 76.52 | 390.64 | 95.19 | 17.41 | 0.00 | 0.00 |
| Proceedsfrom Stock Options | 0.35 | 0.15 | 0.00 | 74.86 | 390.09 | 92.89 | 14.75 | 0.00 | 0.00 |
| Issuance or Reduction of Debt, Net | -36.09 | -59.23 | 4.12 | -0.62 | 99.81 | 0.00 | 0.54 | -1.06 | 0.43 |
| Change in Long Term Debt | -36.09 | -59.23 | 4.12 | -0.62 | 99.81 | 0.00 | 3.66 | 0.00 | 0.43 |
| Issuance of Long Term Debt | 3.50 | 0.00 | 168.00 | 0.00 | 100.00 | 0.00 | 3.66 | 0.00 | 56.72 |
| Reduction of Long Term Debt | -39.59 | -59.23 | -163.88 | -0.62 | -0.18 | 0.00 | 0.00 | 0.00 | -56.28 |
| Net Financing Active Other Cash Flow | -0.31 | -0.77 | 13.69 | -0.42 | -12.09 | -2.71 | 8.26 | 4.53 | 4.45 |
| Other Financing Activities Uses | -0.31 | -0.77 | -1.29 | -0.42 | -12.09 | -2.71 | -1.42 | -0.47 | -0.55 |
| Cash from Financing Activities | -34.79 | -58.13 | 122.02 | 75.48 | 478.37 | 92.47 | 26.20 | 3.47 | 4.88 |
| Net Change in Cash | -5.93 | -62.71 | 81.31 | -142.59 | 206.00 | 60.07 | 12.86 | 0.31 | -7.37 |
| Free Cash Flow | 19.95 | -4.58 | -40.71 | -218.07 | -272.37 | -32.41 | -13.34 | -3.17 | -12.25 |
| Preferred Dividends (Cash Flow) | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Price to Free Cash Flow | 22.82 | - | - | - | - | - | - | - | - |
| Deferred Taxes & Investment Tax Credit | - | -0.42 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance sheet, quarterly
| Metric | 2026Q3 | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 |
|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 146.50 | 153.42 | 175.58 | 158.57 | 152.43 | 168.03 |
| Short Term Receivables | 62.25 | 40.28 | 36.44 | 35.27 | 69.15 | 76.17 |
| Inventories | 29.31 | 27.95 | 31.05 | 38.25 | 43.04 | 52.12 |
| Other Current Assets | 17.15 | 25.48 | 9.47 | 9.93 | 14.30 | 14.15 |
| Total Current Assets | 255.21 | 247.13 | 252.55 | 242.02 | 278.92 | 310.47 |
| Net Property, Plant & Equipment | 103.32 | 105.42 | 116.62 | 122.55 | 178.35 | 180.22 |
| Total Investments and Advances | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Intangible Assets | - | - | - | 0.00 | - | - |
| Other Assets | 35.58 | 40.38 | 41.31 | 42.12 | 34.13 | 34.45 |
| Total Assets | 394.11 | 392.94 | 410.48 | 406.68 | 491.39 | 525.13 |
| Short Term Debt Incl. Current Port. of LT Debt | 33.17 | 33.03 | 34.25 | 34.57 | 35.23 | 34.85 |
| Accounts Payable | 37.19 | 20.96 | 13.61 | 13.24 | 19.10 | 27.00 |
| Other Current Liabilities | 51.55 | 44.66 | 39.94 | 14.21 | 16.41 | 16.19 |
| Total Current Liabilities | 121.90 | 98.65 | 87.80 | 62.02 | 70.74 | 78.05 |
| Long Term Debt | 82.90 | 92.08 | 94.57 | 109.14 | 114.92 | 138.32 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 4.87 | 9.74 | 14.61 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 209.67 | 200.47 | 196.98 | 171.16 | 185.66 | 216.36 |
| Non-Equity Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Common Equity | 184.44 | 192.46 | 213.50 | 235.52 | 305.73 | 308.77 |
| Total Shareholders Equity | 184.44 | 192.46 | 213.50 | 235.52 | 305.73 | 308.77 |
| Accumulated Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Equity | 184.44 | 192.46 | 213.50 | 235.52 | 305.73 | 308.77 |
| Total Liabilities & Stockholders Equity | 394.11 | 392.94 | 410.48 | 406.68 | 491.39 | 525.13 |
| Book Value Per Share | 2.22 | 2.32 | 2.58 | 2.85 | 3.70 | 3.75 |
| Tangible Book Value Per Share | 2.22 | 2.32 | 2.58 | 2.85 | 3.70 | 3.75 |
| Full-Time Employees | - | - | - | 854 | - | - |
| Price to Book Ratio | 2.58 | 2.46 | 1.20 | 0.76 | 1.85 | 1.55 |
| Return on Assets | -29.43 | -27.49 | -23.20 | -59.85 | -47.92 | -48.98 |
| Return on Equity | -53.16 | -50.36 | -42.40 | -91.64 | -75.06 | -75.47 |
| Return on Invested Capital | -3.90 | -8.18 | -7.69 | -21.16 | -1.51 | -2.03 |
| Quick Ratio | 1.85 | 2.22 | 2.52 | 3.29 | 3.33 | 3.31 |
| Current Ratio | 2.09 | 2.51 | 2.88 | 3.90 | 3.94 | 3.98 |
Cash flow, quarterly
| Metric | 2026Q3 | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 |
|---|---|---|---|---|---|---|
| Net Income | -10.42 | -23.26 | -23.69 | -72.91 | -6.33 | -9.06 |
| Depreciation | 6.47 | 5.17 | 6.46 | 29.04 | 6.22 | 6.99 |
| Other Funds (Non Cash) | 7.86 | 3.52 | 3.58 | 28.03 | 3.13 | 5.22 |
| Funds from Operations | 4.18 | -15.17 | -14.17 | -16.26 | 3.01 | 3.16 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | -7.94 | -1.03 | 48.32 | 32.40 | 12.02 | -7.09 |
| Cash from Operating Activities | -3.75 | -16.20 | 34.15 | 16.14 | 15.04 | -3.93 |
| Capital Expenditures | -4.75 | -1.80 | -1.37 | -2.46 | -9.10 | -12.88 |
| Net Assets From Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Fixed Assets and Businesses | 8.91 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchase or Sale of Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchase of Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale Or Maturity of Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Uses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Sources | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Investing Activities | 4.16 | -1.80 | -1.37 | -2.46 | -9.10 | -12.88 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Dividends (Cash Flow) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change in Capital Stock | 0.76 | 0.37 | 0.00 | 0.48 | 1.19 | 0.22 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 0.76 | 0.37 | 0.00 | 0.48 | 1.19 | 0.22 |
| Proceedsfrom Stock Options | 0.00 | 0.17 | 0.00 | 0.18 | 0.00 | -0.01 |
| Issuance or Reduction of Debt, Net | -8.08 | -4.52 | -15.57 | -7.92 | -22.65 | -7.76 |
| Change in Long Term Debt | -8.08 | -4.52 | -15.57 | -7.92 | -22.65 | -7.76 |
| Issuance of Long Term Debt | 0.00 | 3.50 | 0.00 | 0.00 | 0.00 | 0.00 |
| Reduction of Long Term Debt | -8.08 | -8.02 | -15.57 | -7.92 | -22.65 | -7.76 |
| Net Financing Active Other Cash Flow | -0.01 | -0.01 | -0.20 | -0.09 | -0.07 | -0.05 |
| Other Financing Activities Uses | -0.01 | -0.01 | -0.20 | -0.09 | -0.07 | -0.05 |
| Cash from Financing Activities | -7.33 | -4.16 | -15.77 | -7.53 | -21.53 | -7.59 |
| Net Change in Cash | -6.92 | -22.16 | 17.01 | 6.14 | -15.60 | -24.40 |
| Free Cash Flow | -8.50 | -18.00 | 32.78 | 13.67 | 5.93 | -16.82 |
| Price to Free Cash Flow | 22.82 | 15.29 | 7.96 | - | 213.59 | - |
Revenue breakdown
| Energy Industrial | 2024: 145.87M 2025: 102.20M |
|---|---|
| Thermal Barrier | 2024: 306.83M 2025: 168.91M |
| Energy Industrial | 2024: 145.87M 2025: 102.20M |
| Thermal Barrier | 2024: 306.83M 2025: 168.91M |
Short interest
shares short against float, oldest to newest| Settlement | Of float | Shares short | Float | Avg volume |
|---|---|---|---|---|
| 2026-10-30 | 7.83% | 6.4M | 81.9M | 1.12M |
| 2026-10-15 | 7.52% | 6.1M | 81.8M | 1.13M |
| 2026-09-30 | 7.46% | 6.1M | 81.8M | 1.17M |
| 2026-09-15 | 13.04% | 9.1M | 69.5M | 1.28M |
| 2026-08-31 | 12.09% | 8.4M | 69.5M | 1.37M |
| 2026-08-14 | 11.64% | 8.1M | 69.5M | 1.51M |
| 2026-07-31 | 12.75% | 8.8M | 69.4M | 1.51M |
| 2026-07-15 | 11.85% | 8.2M | 69.4M | 1.63M |
| 2026-06-30 | 10.24% | 7.1M | 69.4M | 1.67M |
| 2026-06-15 | 10.27% | 7.1M | 69.2M | 1.55M |
| 2026-05-29 | 10.22% | 7.1M | 69.4M | 1.62M |
| 2026-05-15 | 11.15% | 7.7M | 69.4M | 1.75M |
| 2026-04-30 | 11.53% | 8.0M | 69.4M | 1.52M |
| 2026-04-15 | 10.14% | 7.0M | 69.2M | 1.52M |
| 2026-03-31 | 9.01% | 6.2M | 69.2M | 1.56M |
| 2026-03-13 | 10.20% | 7.1M | 69.2M | 1.76M |
| 2026-02-27 | 10.79% | 7.4M | 69.0M | 1.79M |
| 2026-02-13 | 10.77% | 7.4M | 69.0M | 1.80M |
| 2026-01-30 | 11.00% | 7.6M | 69.0M | 2.37M |
| 2026-01-15 | 12.65% | 8.7M | 69.0M | 2.37M |
Option chain
expiry -| Type | Strike | Bid | Ask | Last | IV | Open int | Volume | Delta | Theta | Vega |
|---|---|---|---|---|---|---|---|---|---|---|
| No option chain for this symbol. | ||||||||||
Latest SEC filings
0| Filed | Form | Description | Period | Link |
|---|---|---|---|---|
| No filings. | ||||
Insider activity by month
| Month | Bought | Buys | Sold | Sells |
|---|---|---|---|---|
| 2026-11 | 0 | 0 | 0 | 0 |
| 2026-10 | 0 | 0 | 0 | 0 |
| 2026-09 | 0 | 0 | 58.09M | 1 |
| 2026-08 | 0 | 0 | 0 | 0 |
| 2026-07 | 0 | 0 | 0 | 0 |
| 2026-06 | 0 | 0 | 0 | 0 |
| 2026-05 | 0 | 0 | 0 | 0 |
| 2026-04 | 0 | 0 | 0 | 0 |
| 2026-03 | 0 | 0 | 0 | 0 |
| 2026-02 | 0 | 0 | 0 | 0 |
| 2026-01 | 0 | 0 | 0 | 0 |
| 2025-12 | 0 | 0 | 0 | 0 |
| 2025-11 | 0 | 0 | 183.61K | 1 |
Institutional holders
| Manager | % owned |
|---|---|
| KIM, LLC | 14.82% |
| AIGH Capital Management LLC | 8.62% |
| BlackRock, Inc. | 6.37% |
| OAKTOP CAPITAL MANAGEMENT II, L.P. | 6.24% |
| VANGUARD CAPITAL MANAGEMENT LLC | 4.27% |
| NEEDHAM INVESTMENT MANAGEMENT LLC | 3.93% |
| GEORGE KAISER FAMILY FOUNDATION | 3.82% |
| STATE STREET CORP | 3.09% |
| AMERICAN CENTURY COMPANIES INC | 3.03% |
| JACOBS LEVY EQUITY MANAGEMENT, INC | 2.48% |
Funds
| Fund | % owned |
|---|---|
| VANGUARD TOTAL STOCK MARKET INDEX FUND | 3.19% |
| Avantis U.S. Small Cap Value ETF | 3.08% |
| Needham Aggressive Growth Fund | 2.50% |
| iShares Russell 2000 ETF | 2.13% |
| Invesco WilderHill Clean Energy ETF | 1.39% |
| Columbia Small Cap Value Discovery Fund | 1.33% |
| State Street(R) SPDR(R) S&P Kensho New Economies Composite ETF | 1.30% |
| VANGUARD EXTENDED MARKET INDEX FUND | 0.98% |
| Fidelity Small Cap Index Fund | 0.89% |
| iShares Russell 2000 Value ETF | 0.76% |
OakChart. ASPN. Cached 15 minutes.
Some panels did not load: ea, fc, oc, lf.