Aspen Aerogels Inc
NYSE:ASPN
Income Statement
Earnings Waterfall
Aspen Aerogels Inc
Revenue
|
238.7m
USD
|
Cost of Revenue
|
-181.8m
USD
|
Gross Profit
|
56.9m
USD
|
Operating Expenses
|
-106.1m
USD
|
Operating Income
|
-49.2m
USD
|
Other Expenses
|
3.4m
USD
|
Net Income
|
-45.8m
USD
|
Income Statement
Aspen Aerogels Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
86
N/A
|
91
+6%
|
95
+4%
|
99
+4%
|
102
+4%
|
104
+1%
|
107
+3%
|
113
+6%
|
123
+8%
|
132
+8%
|
129
-2%
|
127
-2%
|
118
-8%
|
108
-8%
|
105
-2%
|
103
-2%
|
112
+8%
|
112
+0%
|
108
-3%
|
105
-3%
|
104
-1%
|
109
+5%
|
117
+7%
|
129
+10%
|
139
+8%
|
140
+0%
|
135
-3%
|
124
-8%
|
100
-19%
|
100
0%
|
107
+7%
|
113
+6%
|
122
+7%
|
132
+9%
|
146
+11%
|
152
+4%
|
180
+18%
|
188
+4%
|
190
+1%
|
214
+13%
|
239
+11%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(75)
|
(77)
|
(81)
|
(83)
|
(85)
|
(85)
|
(87)
|
(93)
|
(98)
|
(105)
|
(101)
|
(98)
|
(94)
|
(89)
|
(89)
|
(88)
|
(93)
|
(92)
|
(90)
|
(90)
|
(92)
|
(96)
|
(103)
|
(108)
|
(113)
|
(111)
|
(107)
|
(102)
|
(86)
|
(87)
|
(93)
|
(98)
|
(112)
|
(128)
|
(148)
|
(163)
|
(175)
|
(176)
|
(169)
|
(172)
|
(182)
|
|
Gross Profit |
11
N/A
|
14
+31%
|
14
-1%
|
15
+11%
|
17
+11%
|
18
+7%
|
20
+9%
|
20
+1%
|
25
+23%
|
27
+8%
|
28
+6%
|
29
+4%
|
23
-21%
|
19
-18%
|
16
-16%
|
15
-9%
|
19
+28%
|
19
+3%
|
18
-5%
|
15
-19%
|
13
-15%
|
14
+7%
|
14
+6%
|
21
+43%
|
26
+28%
|
29
+9%
|
28
-2%
|
22
-21%
|
15
-34%
|
13
-14%
|
14
+14%
|
15
+8%
|
10
-36%
|
4
-58%
|
(2)
N/A
|
(11)
-589%
|
5
N/A
|
12
+137%
|
21
+81%
|
42
+94%
|
57
+37%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(27)
|
(27)
|
(33)
|
(32)
|
(33)
|
(34)
|
(30)
|
(31)
|
(31)
|
(32)
|
(32)
|
(33)
|
(35)
|
(38)
|
(39)
|
(38)
|
(38)
|
(36)
|
(37)
|
(36)
|
(39)
|
(47)
|
(46)
|
(48)
|
(40)
|
(40)
|
(40)
|
(38)
|
(36)
|
(37)
|
(40)
|
(46)
|
(51)
|
(54)
|
(64)
|
(75)
|
(84)
|
(91)
|
(95)
|
(102)
|
(106)
|
|
Selling, General & Administrative |
(22)
|
(22)
|
(27)
|
(26)
|
(27)
|
(28)
|
(25)
|
(25)
|
(26)
|
(27)
|
(27)
|
(28)
|
(29)
|
(32)
|
(33)
|
(32)
|
(32)
|
(30)
|
(30)
|
(30)
|
(33)
|
(33)
|
(32)
|
(33)
|
(32)
|
(31)
|
(31)
|
(29)
|
(27)
|
(28)
|
(31)
|
(35)
|
(39)
|
(45)
|
(53)
|
(59)
|
(67)
|
(74)
|
(78)
|
(85)
|
(90)
|
|
Research & Development |
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(8)
|
(8)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(10)
|
(11)
|
(13)
|
(14)
|
(16)
|
(17)
|
(17)
|
(17)
|
(16)
|
(16)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(7)
|
(7)
|
(7)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
4
|
4
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
(17)
N/A
|
(13)
+19%
|
(19)
-41%
|
(17)
+12%
|
(16)
+4%
|
(16)
+1%
|
(10)
+34%
|
(11)
-1%
|
(6)
+41%
|
(5)
+15%
|
(4)
+26%
|
(4)
+2%
|
(11)
-192%
|
(19)
-65%
|
(23)
-22%
|
(23)
-3%
|
(19)
+18%
|
(17)
+12%
|
(18)
-8%
|
(22)
-18%
|
(27)
-23%
|
(33)
-25%
|
(31)
+5%
|
(27)
+13%
|
(14)
+48%
|
(11)
+20%
|
(12)
-4%
|
(16)
-39%
|
(22)
-33%
|
(25)
-14%
|
(26)
-4%
|
(30)
-19%
|
(41)
-34%
|
(49)
-21%
|
(65)
-33%
|
(86)
-31%
|
(79)
+8%
|
(80)
0%
|
(74)
+7%
|
(60)
+19%
|
(49)
+18%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(30)
|
(50)
|
(69)
|
(61)
|
(50)
|
(34)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(2)
|
(4)
|
(4)
|
(1)
|
3
|
3
|
1
|
|
Non-Reccuring Items |
(0)
|
(4)
|
(3)
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
4
|
4
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
(0)
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
2
|
|
Pre-Tax Income |
(48)
N/A
|
(68)
-42%
|
(91)
-34%
|
(81)
+11%
|
(66)
+18%
|
(50)
+24%
|
(11)
+79%
|
(11)
-1%
|
(6)
+41%
|
(5)
+15%
|
(4)
+25%
|
(5)
-14%
|
(12)
-158%
|
(19)
-61%
|
(23)
-21%
|
(23)
+0%
|
(19)
+17%
|
(17)
+12%
|
(19)
-9%
|
(22)
-19%
|
(34)
-56%
|
(34)
+2%
|
(32)
+5%
|
(28)
+13%
|
(15)
+47%
|
(12)
+20%
|
(12)
-3%
|
(17)
-37%
|
(22)
-31%
|
(25)
-14%
|
(26)
-4%
|
(27)
-4%
|
(37)
-38%
|
(50)
-36%
|
(68)
-35%
|
(89)
-32%
|
(83)
+8%
|
(80)
+3%
|
(71)
+11%
|
(55)
+23%
|
(46)
+17%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Income from Continuing Operations |
(48)
|
(68)
|
(91)
|
(81)
|
(66)
|
(50)
|
(11)
|
(11)
|
(6)
|
(5)
|
(4)
|
(5)
|
(12)
|
(19)
|
(23)
|
(23)
|
(19)
|
(17)
|
(19)
|
(22)
|
(34)
|
(34)
|
(32)
|
(28)
|
(15)
|
(12)
|
(12)
|
(17)
|
(22)
|
(25)
|
(26)
|
(27)
|
(37)
|
(50)
|
(68)
|
(89)
|
(83)
|
(80)
|
(71)
|
(55)
|
(46)
|
|
Net Income (Common) |
1
N/A
|
(38)
N/A
|
(75)
-97%
|
(64)
+14%
|
(66)
-3%
|
(50)
+24%
|
(11)
+79%
|
(11)
-1%
|
(6)
+41%
|
(5)
+15%
|
(4)
+25%
|
(5)
-14%
|
(12)
-158%
|
(19)
-61%
|
(23)
-21%
|
(23)
+0%
|
(19)
+17%
|
(17)
+12%
|
(19)
-9%
|
(22)
-19%
|
(34)
-56%
|
(34)
+2%
|
(32)
+5%
|
(28)
+13%
|
(15)
+47%
|
(12)
+20%
|
(12)
-3%
|
(17)
-37%
|
(22)
-31%
|
(25)
-14%
|
(26)
-4%
|
(27)
-4%
|
(37)
-38%
|
(50)
-36%
|
(68)
-35%
|
(89)
-32%
|
(83)
+8%
|
(80)
+3%
|
(71)
+11%
|
(55)
+23%
|
(46)
+17%
|
|
EPS (Diluted) |
0.06
N/A
|
-1.85
N/A
|
-3.1
-68%
|
-2.8
+10%
|
-5.39
-93%
|
-2.17
+60%
|
-0.46
+79%
|
-0.47
-2%
|
-0.28
+40%
|
-0.24
+14%
|
-0.18
+25%
|
-0.2
-11%
|
-0.52
-160%
|
-0.83
-60%
|
-1
-20%
|
-1
N/A
|
-0.83
+17%
|
-0.72
+13%
|
-0.78
-8%
|
-0.92
-18%
|
-1.45
-58%
|
-1.4
+3%
|
-1.33
+5%
|
-1.15
+14%
|
-0.6
+48%
|
-0.48
+20%
|
-0.47
+2%
|
-0.63
-34%
|
-0.83
-32%
|
-0.88
-6%
|
-0.9
-2%
|
-0.82
+9%
|
-1.22
-49%
|
-1.52
-25%
|
-1.92
-26%
|
-2.26
-18%
|
-2.1
+7%
|
-1.15
+45%
|
-1.03
+10%
|
-0.79
+23%
|
-0.66
+16%
|