Highest-materiality recent filing
Aspen Aerogels begins staged restart of East Providence facility after April 8 incident
Restart initiated after comprehensive safety reviews with local, state, and federal agencies.
Aspen Aerogels Q1 revenue falls 52% YoY to $37.9M; adjusted loss per share $0.28 vs $0.06 prior year
Revenue $37.9M, down from $78.7M; thermal barrier segment revenue dropped 67% to $16.3M on reduced customer demand.
Aspen Aerogels: East Providence facility remains offline after April 8 explosion
Explosion damaged production space, origin traced to high-temperature oven.
Aspen Aerogels Q4 revenue drops 66% to $41.3M; net loss $72.9M; initiates strategic review
Q4 revenue $41.3M (-66% YoY); Thermal barrier $16.1M, Energy Industrial $25.3M.
Minimum liquidity threshold raised from greater of $50M and 85% of term loan to greater of $50M and 100%.
Aspen Aerogels Q3 revenue $73M (-38% YoY); lowers FY2025 outlook on slower EV production
Revenue $73.0M vs $117.3M in Q3 2024 (down 38%); net loss $6.3M improved from $13.0M loss last year.
Aspen Aerogels promotes Grant Thoele to CFO, effective Oct 1, 2025
Grant Thoele named CFO and Treasurer, succeeding Ricardo C. Rodriguez.
Aspen Aerogels Reports Q2 2025 Revenue of $78M, Net Loss of $9.1M, and CFO Transition
Total revenue for Q2 2025 was $78.0 million, down from $117.8 million in Q2 2024.
On May 13, 2026, the Board of Directors of Aspen Aerogels, Inc. (the “Company”) designated Grant Thoele as the Company’s principal accounting officer, effective immediately, in addition to his current roles as the Company’s Chief Financial Officer, Treasurer and principal financial officer.
Max materiality 0.85 · Median 0.70 · Most common event earnings