Earnings ·
Aspen Aerogels reported Q2 2026 total revenue of $49.8 million and a net loss of $23.3 million ($0.28 per share)
ASPNAspen Aerogels Inc
Aspen Aerogels reported Q2 2026 total revenue of $49.8 million and a net loss of $23.3 million ($0.28 per share). Results included an $8.9 million property damage loss from the April East Providence incident, offset by an equal insurance receivable, plus $5.3 million in related costs. Adjusted EBITDA was negative $6.6 million. The company raised its European Thermal Barrier 2026 revenue outlook to $20–$30 million and secured a PyroThin award from Jaguar Land Rover for two vehicle architectures starting production in 2027. Q3 2026 revenue is guided to $65–$80 million with adjusted EBITDA of $7–$15 million. Aspen Aerogels develops aerogel-based thermal barrier and insulation solutions for the electric vehicle, energy infrastructure, and industrial markets.