Aspen Aerogels Q2 revenue falls to $49.8 million; net loss widens to $23.3 million
Aspen Aerogels reported second-quarter 2026 revenue of $49.8 million, down from $78.0 million a year earlier, and a net loss of $23.3 million versus $9.1 million. The company also guided third-quarter 2026 revenue to $65 million to $80 million and adjusted EBITDA to $7 million to $15 million, which shareholders will weigh against the second-quarter decline tied to the April 2026 East Providence incident.
Key points
- Q2 2026 revenue was $49.8 million versus $78.0 million in Q2 2025; Thermal Barrier revenue fell to $29.5 million from $55.2 million
- Q2 2026 net loss was $23.3 million, or $0.28 per share, versus $9.1 million, or $0.11 per share, a year earlier
- Q3 2026 outlook: revenue of $65 million to $80 million and net loss of $6 million to $9 million
- Q2 results included an $8.9 million property damage loss from the April 2026 East Providence incident, offset by an equal insurance recovery receivable expected to be collected in Q3 2026
The filing
Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 06, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.