Aspen Aerogels (ASPN) Revenue & Revenue Breakdown
Aspen Aerogels Revenue Highlights
Latest Revenue (Y)
$238.72M
Latest Revenue (Q)
$117.77M
Main Segment (Y)
Energy Industrial
Main Geography (Y)
UNITED STATES
Aspen Aerogels Revenue by Period
Aspen Aerogels Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $238.72M | 32.35% |
| 2022-12-31 | $180.36M | 48.30% |
| 2021-12-31 | $121.62M | 21.29% |
| 2020-12-31 | $100.27M | -28.06% |
| 2019-12-31 | $139.38M | 33.55% |
| 2018-12-31 | $104.36M | -6.51% |
| 2017-12-31 | $111.63M | -5.19% |
| 2016-12-31 | $117.74M | -3.90% |
| 2015-12-31 | $122.52M | 19.65% |
| 2014-12-31 | $102.40M | 18.94% |
| 2013-12-31 | $86.09M | 35.68% |
| 2012-12-31 | $63.45M | 38.09% |
| 2011-12-31 | $45.95M | 6.34% |
| 2010-12-31 | $43.21M | 51.00% |
| 2009-12-31 | $28.62M | -76.47% |
| 2001-12-31 | $121.62M | - |
Aspen Aerogels generated $238.72M in revenue during NA 2023, up 32.35% compared to the previous quarter, and up 228.74% compared to the same period a year ago.
Aspen Aerogels Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $117.77M | 24.62% |
| 2024-03-31 | $94.50M | 12.21% |
| 2023-12-31 | $84.22M | 38.62% |
| 2023-09-30 | $60.76M | 26.16% |
| 2023-06-30 | $48.16M | 5.64% |
| 2023-03-31 | $45.59M | -23.53% |
| 2022-12-31 | $59.61M | 62.40% |
| 2022-09-30 | $36.71M | -19.57% |
| 2022-06-30 | $45.64M | 18.83% |
| 2022-03-31 | $38.41M | 22.02% |
| 2021-12-31 | $31.48M | 3.60% |
| 2021-09-30 | $30.38M | -4.07% |
| 2021-06-30 | $31.67M | 12.72% |
| 2021-03-31 | $28.10M | 22.07% |
| 2020-12-31 | $23.02M | -4.86% |
| 2020-09-30 | $24.20M | -1.81% |
| 2020-06-30 | $24.64M | -13.29% |
| 2020-03-31 | $28.42M | -38.89% |
| 2019-12-31 | $46.51M | 31.28% |
| 2019-09-30 | $35.42M | 19.95% |
| 2019-06-30 | $29.53M | 5.81% |
| 2019-03-31 | $27.91M | -21.77% |
| 2018-12-31 | $35.68M | 49.05% |
| 2018-09-30 | $23.94M | 10.46% |
| 2018-06-30 | $21.67M | -6.08% |
| 2018-03-31 | $23.07M | -36.54% |
| 2017-12-31 | $36.36M | 33.69% |
| 2017-09-30 | $27.20M | 8.49% |
| 2017-06-30 | $25.07M | 8.99% |
| 2017-03-31 | $23.00M | -16.78% |
| 2016-12-31 | $27.64M | -6.50% |
| 2016-09-30 | $29.56M | 6.65% |
| 2016-06-30 | $27.72M | -15.55% |
| 2016-03-31 | $32.82M | -12.21% |
| 2015-12-31 | $37.38M | 18.53% |
| 2015-09-30 | $31.54M | 4.79% |
| 2015-06-30 | $30.10M | 28.07% |
| 2015-03-31 | $23.50M | -16.02% |
| 2014-12-31 | $27.98M | 10.01% |
| 2014-09-30 | $25.44M | -4.43% |
| 2014-06-30 | $26.61M | 19.01% |
| 2014-03-31 | $22.36M | -7.71% |
| 2013-12-31 | $24.23M | 10.74% |
| 2013-09-30 | $21.88M | -4.78% |
| 2013-06-30 | $22.98M | 35.12% |
| 2013-03-31 | $17.00M | 22.68% |
| 2011-06-30 | $13.86M | 12.79% |
| 2011-03-31 | $12.29M | 29.37% |
| 2010-06-30 | $9.50M | 8.60% |
| 2010-03-31 | $8.75M | - |
Aspen Aerogels generated $117.77M in revenue during Q2 2024, up 24.62% compared to the previous quarter, and up 258.35% compared to the same period a year ago.
Aspen Aerogels Revenue Breakdown
Aspen Aerogels Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Thermal Barrier | $110.08M | - | - | - | - |
| Energy Industrial | $128.64M | - | - | - | - |
| E V Thermal Barrier | - | $55.60M | - | - | - |
| Product | - | - | $121.11M | $99.83M | $136.93M |
| Service | - | - | $510.00K | $439.00K | $2.44M |
Aspen Aerogels's latest annual revenue breakdown by segment (product or service), as of Dec 23: Energy Industrial (53.89%), and Thermal Barrier (46.11%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Energy Industrial | $29.08M | $65.20M | $27.91M | $35.52M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Thermal Barrier | $65.42M | $64.60M | $32.84M | $12.63M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| E V Thermal Barrier | - | - | - | - | $11.70M | $25.30M | $11.90M | $10.80M | - | - | - | - | - | - | - | - | - | - | - | - |
| Product | - | - | - | - | - | - | - | - | $38.33M | $31.30M | $30.26M | $31.49M | $28.06M | $23.06M | $23.94M | $24.53M | $28.31M | $46.20M | $35.05M | $28.91M |
| Service | - | - | - | - | - | - | - | - | $77.00K | $172.00K | $117.00K | $180.00K | $41.00K | $-44.00K | $256.00K | $115.00K | $112.00K | $310.00K | $379.00K | $625.00K |
Aspen Aerogels's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Thermal Barrier (69.23%), and Energy Industrial (30.77%).
Aspen Aerogels Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| UNITED STATES | $151.04M | $66.84M | $44.84M | $58.33M | - |
| CANADA | $2.03M | $4.95M | $2.98M | - | - |
| Europe | $42.73M | $22.24M | $27.92M | - | - |
| International | $87.68M | - | - | - | - |
| Latin America | $7.22M | $4.46M | $4.49M | - | - |
| Asia | $35.70M | $34.75M | $19.38M | - | - |
Aspen Aerogels's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (46.27%), International (26.86%), Europe (13.09%), Asia (10.94%), Latin America (2.21%), and CANADA (0.62%).
Quarterly Revenue by Country
| Country | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Latin America | $15.37M | $2.15M | $1.18M | $2.27M | $1.62M | $1.48M | $84.00K | $1.29M | $1.61M | $1.25M | $554.00K | $1.15M | $1.54M | - | - | - | - | - | - | - |
| UNITED STATES | $60.69M | $72.62M | $41.78M | $10.19M | $26.44M | $24.12M | $25.08M | $24.71M | $21.80M | $15.54M | $12.76M | $13.34M | $9.74M | $8.09M | $13.67M | $16.91M | $15.19M | $14.97M | - | - |
| International | $33.81M | $68.71M | $18.97M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Europe | $9.36M | $16.00M | $11.36M | $9.96M | $5.41M | $7.89M | $4.28M | $6.16M | $3.91M | $3.69M | $7.55M | $9.44M | $7.25M | - | - | - | - | - | - | - |
| CANADA | $1.87M | $514.00K | $633.00K | $562.00K | $324.00K | $1.71M | $928.00K | $1.45M | $860.00K | $774.00K | $991.00K | $964.00K | - | - | - | - | - | - | - | - |
| Asia | $7.21M | $8.18M | $5.80M | $9.94M | $11.78M | $8.47M | $7.30M | $11.65M | $7.32M | $3.96M | $5.28M | $4.55M | $5.59M | - | - | - | - | - | - | - |
| U S | - | - | - | - | - | - | - | - | - | - | $16.73M | - | - | - | - | - | - | - | - | - |
| C A | - | - | - | - | - | - | - | - | - | - | $256.00K | - | - | - | - | - | - | - | - | - |
Aspen Aerogels's latest quarterly revenue breakdown by geography, as of Mar 24: UNITED STATES (47.30%), International (26.35%), Latin America (11.98%), Europe (7.30%), Asia (5.62%), and CANADA (1.46%).
ASPN Revenue FAQ
What is Aspen Aerogels’s yearly revenue?
Aspen Aerogels's yearly revenue for 2023 was $238.72M, representing an increase of 32.35% compared to 2022. The company's yearly revenue for 2022 was $180.36M, representing an increase of 48.30% compared to 2021. ASPN's yearly revenue for 2021 was $121.62M, representing an increase of 21.29% compared to 2020.
What is Aspen Aerogels’s quarterly revenue?
Aspen Aerogels's quarterly revenue for Q2 2024 was $117.77M, a 24.62% increase from the previous quarter (Q1 2024), and a 144.55% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $94.5M, a 12.21% increase from the previous quarter (Q4 2023), and a 107.30% increase year-over-year (Q1 2023). ASPN's quarterly revenue for Q4 2023 was $84.22M, a 38.62% increase from the previous quarter (Q3 2023), and a 41.28% increase year-over-year (Q4 2022).
What is Aspen Aerogels’s revenue growth rate?
Aspen Aerogels's revenue growth rate for the last 3 years (2021-2023) was 96.28%, and for the last 5 years (2019-2023) was 71.28%.
What are Aspen Aerogels’s revenue streams?
Aspen Aerogels's revenue streams in c 23 are Thermal Barrier, and Energy Industrial. Thermal Barrier generated $110.08M in revenue, accounting 46.11% of the company's total revenue Energy Industrial generated $128.64M in revenue, accounting 53.89% of the company's total revenue
What is Aspen Aerogels’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Aspen Aerogels was Energy Industrial. This segment made a revenue of $128.64M, representing 53.89% of the company's total revenue.