Aspen Aerogels Operating Expenses Growth & History (ASPN)
Aspen Aerogels's operating expenses was $424.2M for fiscal 2025.
View full Aspen Aerogels company overviewAspen Aerogels annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $424.2M | $295.9M | +230.49% |
| 2024 | 2024-12-31 | $128.4M | $22.2M | +20.95% |
| 2023 | 2023-12-31 | $106.1M | $21.9M | +26.01% |
| 2022 | 2022-12-31 | $84.2M | $33.7M | +66.66% |
| 2021 | 2021-12-31 | $50.5M | $14.4M | +39.75% |
| 2020 | 2020-12-31 | $36.2M | −$4.3M | −10.58% |
| 2019 | 2019-12-31 | $40.4M | −$6.1M | −13.18% |
| 2018 | 2018-12-31 | $46.6M | $8.8M | +23.22% |
| 2017 | 2017-12-31 | $37.8M | $3.3M | +9.49% |
| 2016 | 2016-12-31 | $34.5M | $3.6M | +11.81% |
| 2015 | 2015-12-31 | $30.9M | −$2.2M | −6.76% |
| 2014 | 2014-12-31 | $33.1M | $2.4M | +7.88% |
| 2013 | 2013-12-31 | $30.7M | $5.7M | +22.79% |
| 2012 | 2012-12-31 | $25.0M | — | — |
Aspen Aerogels quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $32.0M | $1.6M | +5.18% |
| Q1 2026 | 2026-03-31 | $25.1M | −$297.0M | −92.21% |
| Q4 2025 | 2025-12-31 | $47.5M | $15.0M | +46.38% |
| Q3 2025 | 2025-09-30 | $24.1M | −$7.5M | −23.69% |
| Q2 2025 | 2025-06-30 | $30.5M | −$1.1M | −3.55% |
| Q1 2025 | 2025-03-31 | $322.2M | $289.4M | +884.97% |
| Q4 2024 | 2024-12-31 | $32.4M | $4.2M | +14.82% |
| Q3 2024 | 2024-09-30 | $31.6M | $3.2M | +11.25% |
| Q2 2024 | 2024-06-30 | $31.6M | $6.1M | +24.13% |
| Q1 2024 | 2024-03-31 | $32.7M | $8.7M | +36.31% |
| Q4 2023 | 2023-12-31 | $28.2M | $4.2M | +17.65% |
| Q3 2023 | 2023-09-30 | $28.4M | $6.5M | +29.59% |
| Q2 2023 | 2023-06-30 | $25.5M | $4.0M | +18.74% |
| Q1 2023 | 2023-03-31 | $24.0M | $7.2M | +42.52% |
| Q4 2022 | 2022-12-31 | $24.0M | $9.4M | +63.87% |
| Q3 2022 | 2022-09-30 | $21.9M | $7.4M | +50.70% |
| Q2 2022 | 2022-06-30 | $21.4M | $10.2M | +91.49% |
| Q1 2022 | 2022-03-31 | $16.8M | $6.7M | +66.18% |
| Q4 2021 | 2021-12-31 | $14.6M | $4.7M | +46.55% |
| Q3 2021 | 2021-09-30 | $14.6M | $6.0M | +69.28% |
| Q2 2021 | 2021-06-30 | $11.2M | $2.7M | +31.71% |
| Q1 2021 | 2021-03-31 | $10.1M | $1.1M | +11.75% |
| Q4 2020 | 2020-12-31 | $10.0M | −$2.1M | −17.68% |
| Q3 2020 | 2020-09-30 | $8.6M | −$1.3M | −13.05% |
| Q2 2020 | 2020-06-30 | $8.5M | −$230,000 | −2.63% |
| Q1 2020 | 2020-03-31 | $9.1M | −$613,000 | −6.33% |
| Q4 2019 | 2019-12-31 | $12.1M | −$7.4M | −37.83% |
| Q3 2019 | 2019-09-30 | $9.9M | $2.0M | +25.28% |
| Q2 2019 | 2019-06-30 | $8.7M | −$870,000 | −9.06% |
| Q1 2019 | 2019-03-31 | $9.7M | $119,000 | +1.24% |
| Q4 2018 | 2018-12-31 | $19.5M | $10.1M | +107.11% |
| Q3 2018 | 2018-09-30 | $7.9M | −$80,000 | −1.00% |
| Q2 2018 | 2018-06-30 | $9.6M | $472,000 | +5.17% |
| Q1 2018 | 2018-03-31 | $9.6M | −$1.7M | −15.20% |
| Q4 2017 | 2017-12-31 | $9.4M | −$10,000 | −0.11% |
| Q3 2017 | 2017-09-30 | $8.0M | −$828,000 | −9.40% |
| Q2 2017 | 2017-06-30 | $9.1M | $1.1M | +14.07% |
| Q1 2017 | 2017-03-31 | $11.3M | $3.0M | +36.07% |
| Q4 2016 | 2016-12-31 | $9.4M | $1.3M | +15.56% |
| Q3 2016 | 2016-09-30 | $8.8M | $1.2M | +15.14% |
| Q2 2016 | 2016-06-30 | $8.0M | $194,000 | +2.48% |
| Q1 2016 | 2016-03-31 | $8.3M | $1.0M | +14.13% |
| Q4 2015 | 2015-12-31 | $8.2M | $274,000 | +3.47% |
| Q3 2015 | 2015-09-30 | $7.6M | $211,000 | +2.84% |
| Q2 2015 | 2015-06-30 | $7.8M | −$3.7M | −32.38% |
| Q1 2015 | 2015-03-31 | $7.3M | $1.0M | +16.26% |
| Q4 2014 | 2014-12-31 | $7.9M | −$2.3M | −22.81% |
| Q3 2014 | 2014-09-30 | $7.4M | −$808,000 | −9.80% |
| Q2 2014 | 2014-06-30 | $11.5M | $5.4M | +87.16% |
| Q1 2014 | 2014-03-31 | $6.2M | $181,000 | +2.99% |
| Q4 2013 | 2013-12-31 | $10.2M | — | — |
| Q3 2013 | 2013-09-30 | $8.2M | — | — |
| Q2 2013 | 2013-06-30 | $6.2M | — | — |
| Q1 2013 | 2013-03-31 | $6.1M | — | — |
Aspen Aerogels operating expenses trends
Over the last five fiscal years, Aspen Aerogels's operating expenses increased from $36.2M to $424.2M, a change of $388.1M. The latest reported quarter, Q2 2026, shows $32.0M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Aspen Aerogels source filings ↗