---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-002903"
form_type: "8-K"
ticker: "ASPN"
cik: "0001145986"
company_name: "ASPEN AEROGELS INC"
filed_at: "2023-02-15T23:59:59+00:00"
generated_at: "2026-06-19T10:38:15.296875+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Aspen Aerogels Q4 revenue $59.6M (+90% YoY); FY2022 revenue $180.4M (+48%), net loss $82.7M

## Summary
- Q4 revenue $59.6M, up 90% YoY from $31.5M.
- Q4 net loss $9.6M ($0.20 per share) vs $16.4M loss ($0.50) in Q4 2021.
- FY2022 revenue $180.4M, up 48% from $121.6M in 2021.
- FY2022 net loss $82.7M ($2.10 per share) vs $37.1M loss ($1.22) in 2021.
- Adjusted EBITDA loss improved to $4.5M in Q4 from $12.2M in prior year.

## SEC filing metadata
- accession: 0000950170-23-002903
- form_type: 8-K
- ticker: ASPN
- cik: 0001145986
- company_name: ASPEN AEROGELS INC
- filed_at: 2023-02-15T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1145986/000095017023002903/0000950170-23-002903-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1145986/000095017023002903/aspn-20230215.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-002903
- JSON: https://secwatch.observer/filing/0000950170-23-002903.json
- Plain text: https://secwatch.observer/filing/0000950170-23-002903.txt

## Key facts
- Earnings Releases
  ASPEN AEROGELS INC reported the fourth quarter of 2022 results: revenue $59.6 million, net income $9.6 million, EPS $0.20.
  - Period: the fourth quarter of 2022
  - Revenue: $59.6 million
  - Net income: $9.6 million
  - EPS: $0.20
  - Result: reported results
  source text: Total revenue for the fourth quarter of 2022 was $59.6 million, compared to $31.5 million in the fourth quarter last year. Fourth quarter net loss was $9.6 million, compared to a net loss of $16.4 million in the fourth quarter of 2021. Net loss per share for the fourth quarter was $0.20, compared to $0.50 in the fourth quarter last year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1145986/000095017023002903/0000950170-23-002903-index.htm
- Earnings Releases
  ASPEN AEROGELS INC reported the fiscal year 2022 results: revenue $180.4 million, net income $82.7 million, EPS $2.10.
  - Period: the fiscal year 2022
  - Revenue: $180.4 million
  - Net income: $82.7 million
  - EPS: $2.10
  - Result: reported results
  source text: Total revenue for the full year was $180.4 million, compared to $121.6 million in 2021. Net loss for the year was $82.7 million, compared to a net loss of $37.1 million in 2021. Net loss per share for the year was $2.10, compared to $1.22 in 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1145986/000095017023002903/0000950170-23-002903-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.