Aspen Aerogels Q2 FY26 net loss narrows to $23.3 million; revenue rises 32% QoQ to $49.8 million - ASPN News | RalliesAspen Aerogels Q2 FY26 net loss narrows to $23.3 million; revenue rises 32% QoQ to $49.8 million
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ASPN• Outlook
- Q3 revenue outlook set at $65 million to $80 million.
- Adjusted EBITDA (non-GAAP) seen at $7 million to $15 million.
Q2 results
- Aspen Aerogels reported Q2 2026 revenue of $49.8 million, up 32% quarter-on-quarter.
- GAAP net loss narrowed to $23.3 million; GAAP EPS loss improved to $0.28.
- Adjusted EBITDA loss (non-GAAP) narrowed to $6.6 million from $12.7 million quarter-on-quarter.
- Thermal Barrier revenue climbed 81% quarter-on-quarter to $29.5 million; gross margin was hit by $5.3 million of incident costs.