secwatch.observer — SEC 8-K summary
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Issuer:     ASPEN AEROGELS INC (ASPN)
CIK:        0001145986
Form:       8-K
Filed at:   2026-08-06T10:30:18+00:00
Accession:  0001171843-26-005289
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aspen Aerogels Q2 revenue falls 36% YoY to $49.8M; net loss widens to $23.3M
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- Total revenue $49.8M, down 36% YoY; Thermal Barrier revenue $29.5M, down 46% YoY due to North American EV policy changes.
- Net loss $23.3M ($0.28 loss per share) vs $9.1M loss a year ago; includes $8.9M property damage loss from East Providence incident.
- Adjusted EBITDA negative $6.6M vs positive $9.7M in Q2 2025; adjusted net loss $17.9M.
- Q3 2026 guidance: revenue $65-80M, adjusted EBITDA $7-15M; European Thermal Barrier outlook raised to $20-30M for 2026.
- Received PyroThin award from Jaguar Land Rover for two next-generation vehicle architectures.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1145986/000117184326005289/0001171843-26-005289-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1145986/000117184326005289/f8k_080626.htm
  HTML page:      https://secwatch.observer/filing/0001171843-26-005289

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