Aspen Aerogels Inc. reported total revenue of $73.0 million for the third quarter of 2025, compared to $117.3 million in the same period of 2024. The company recorded a net loss of $6.3 million, which included $1.6 million in restructuring and impairment charges, versus a net loss of $13.0 million in the third quarter of 2024. Aspen updated its full-year 2025 outlook to reflect lower near-term electric vehicle production in North America. The company announced a PyroThin award from a major European OEM and expects LNG and subsea project opportunities to drive Energy Industrial growth in 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Aspen Aerogels Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9570102-en) on November 06, 2025, and is solely responsible for the information contained therein.
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