Aspen Aerogels, Inc. — Third Quarter 2026 Earnings Summary

Aspen Aerogels, Inc. reported third-quarter 2026 total revenue of $85.2 million, representing a 71% increase from the prior year period. The company recorded a net loss of $10.4 million, which included $15.1 million in costs related to an East Providence incident and a $4.6 million loss on the disposal of property, plant, and equipment. Excluding these non-core items, adjusted net income was $9.3 million and adjusted EBITDA reached $19.8 million. Recent business highlights include record European OEM revenue in the Thermal Barrier segment, a 96% quarter-over-quarter growth in Energy Industrial revenue, and the securing of initial orders for data center infrastructure and battery energy storage systems.