ASPN Aspen Aerogels, Inc. Common Stock
NYSE · Chemicals · View on SEC EDGAR ↗ close Oct 2, 2026 10-K/10-Q Aug 7, 2026
$5.69
· of 52w range
· above low
· to high
$2.3052w low
$9.3552w high
Market Cap (MRQ)
$472M
P/E (TTM)
-3.7
EPS (TTM)
$-1.52
Revenue (TTM)
$202M
your badges
52W Range
$2–$9
Analyst Rating
BUY
Price Target
$8
P/E
-3.7
ROE
-50.4%
Net Profit Margin
-62.4%
Your badge strip is empty — pin a metric anywhere on this page.
ASPN Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
Price
$5.69
Market Cap (MRQ)
$472M
P/E (TTM)
-3.7
EPS (TTM)
$-1.52
Revenue (TTM)
$202M
ROE (TTM)
-50.4%
Debt/Equity (MRQ)
0.1
52W Range
$2–$9
ASPN Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
range
bars
Bar granularity adapts to the selected period — hover the chart to see open/high/low/close for a bar.
10-Year Performance Revenue, net income, margins and EPS trends
Revenue$271M2016-12-31 → 2025-12-31
EPS$-4.732020-12-31 → 2025-12-31
Free Cash Flow$-5M2016-12-31 → 2025-12-31
Net margin-62.4%2016-12-31 → 2025-12-31
Valuation & Ratios
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
| Metric | 5Y trend | ASPN | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| P/E (TTM) | -3.75Y avg ≈-0.2 | ≈-0.2 | · | · | |
| P/S (TTM) | 2.35Y avg ≈5.2 | ≈5.2 | 1.6 | Overvalued | |
| P/B (MRQ) | 2.55Y avg ≈4.0 | ≈4.0 | 2.7 | Fair value | |
| EV / EBITDA | -0.9 | · | · | · | |
| Price / FCF (TTM) | 13.75Y avg ≈-26.9 | ≈-26.9 | · | · | |
| Price / Cash Flow (TTM) | 9.65Y avg ≈-19.5 | ≈-19.5 | 16.5 | Undervalued | |
| EV / Revenue | 1.3 | · | · | · | |
| EV / FCF | -74.0 | · | · | · | |
| Price / Tangible Book | 2.05Y avg ≈4.0 | ≈4.0 | · | · |
Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.
Profitability Gross, operating and net margins; ROE, ROA, ROIC
| Metric | 5Y trend | ASPN | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Gross Margin (TTM) | 2.7%5Y avg ≈18.4% | ≈18.4% | 19.9% | Weak | |
| Operating Margin (TTM) | -61.0%5Y avg ≈-45.1% | ≈-45.1% | 4.5% | Weak | |
| EBITDA Margin | -139.5%5Y avg ≈-45.1% | ≈-45.1% | 6.9% | Weak | |
| Pretax Margin (TTM) | -62.0% | · | 4.8% | Weak | |
| Net Profit Margin (TTM) | -62.4%5Y avg ≈-47.3% | ≈-47.3% | 3.2% | Weak | |
| ROA (TTM) | -27.5%5Y avg ≈-22.3% | ≈-22.3% | -1.3% | Weak | |
| ROE (TTM) | -50.4%5Y avg ≈-40.9% | ≈-40.9% | -3.3% | Weak | |
| ROIC | -146.0% | · | 2.8% | Weak |
Financial Health Debt, liquidity, solvency — balance sheet strength
| Metric | 5Y trend | ASPN | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Debt / Equity (MRQ) | 0.1 | · | 0.4 | Low debt | |
| Current Ratio (MRQ) | 2.55Y avg ≈3.8 | ≈3.8 | 1.9 | Strong liquidity | |
| Quick Ratio | 3.15Y avg ≈3.1 | ≈3.1 | 1.0 | Strong liquidity |
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
| Metric | 5Y trend | ASPN | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Revenue YoY | -40.1%5Y avg ≈30.3% | ≈30.3% | · | · | |
| Revenue CAGR 3Y | 14.5%5Y avg ≈34.4% | ≈34.4% | · | · | |
| Revenue CAGR 5Y | 22.0% | · | · | · |
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
| Metric | 5Y trend | ASPN | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Asset Turnover | 0.45Y avg ≈0.5 | ≈0.5 | 0.8 | Weak | |
| Inventory Turnover | 5.25Y avg ≈6.9 | ≈6.9 | 6.5 | Weak | |
| Receivables Turnover | 3.85Y avg ≈4.8 | ≈4.8 | 7.2 | Weak | |
| Revenue / Employee | ≈$317.5K | · | · | · |
value · ≈ 5Y avg · industry median · verdict relative to median
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
Avg Surprise
-41.3%
Next Report
Nov 04, 2026
| Period | Report | EPS Actual | EPS Est | Surprise |
|---|---|---|---|---|
| June 30, 2026 | Aug 5, 2026 | $-0.22 | $-0.22 | -1.5% |
| March 31, 2026 | $-0.28 | $-0.27 | -4.2% | |
| Dec. 31, 2025 | $-0.39 | $-0.25 | -56.7% | |
| Sept. 30, 2025 | $-0.08 | $-0.03 | -176.8% | |
| June 30, 2025 | $-0.11 | $-0.09 | -25.4% | |
| March 31, 2025 | $-0.06 | $-0.07 | 16.7% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $271M | $453M | $239M | $180M | $122M | $100M | $139M | $104M | $112M | $118M | $123M | $102M | |
| Cost of Revenue | $225M | $270M | $182M | $175M | $112M | $86M | · | · | $92M | $93M | $97M | $84M | |
| Gross Profit | $46M | $183M | $57M | $5M | $10M | $15M | $26M | $13M | $19M | $23M | $25M | $17M | |
| R&D Expense | $13M | $18M | $16M | $17M | $11M | $9M | $8M | $6M | $6M | $5M | $5M | $6M | |
| SG&A Expense | $56M | $71M | $57M | $38M | $23M | $16M | $16M | $19M | $19M | $17M | $15M | $17M | |
| Operating Expenses | $424M | $128M | $106M | $84M | $51M | $36M | $40M | $47M | $38M | $35M | $31M | $33M | |
| Operating Income | $-378M | $55M | $-49M | $-79M | $-41M | $-22M | $-14M | $-34M | $-19M | $-11M | $-6M | $-16M | |
| Other Non-op | $-9M | $-39M | $3M | $-3M | $4M | $-240.0K | $-406.0K | $-524.0K | $-185.0K | $-803.0K | $-182.0K | $-50M | |
| Pretax Income | $-387M | $15M | $-46M | $-83M | · | · | · | · | · | · | · | · | |
| Income Tax | $2M | $2M | $0 | $0 | · | · | · | · | · | · | · | · | |
| Net Income | $-390M | $13M | $-46M | $-83M | $-37M | $-22M | $-15M | $-34M | $-19M | $-12M | $-6M | $-66M | |
| EPS (Basic) | $-4.73 | $0.17 | $-0.66 | $-2.10 | $-1.22 | $-0.83 | · | · | · | · | $-0.28 | $-5.37 | |
| EPS (Diluted) | $-4.73 | $0.17 | $-0.66 | $-2.10 | $-1.22 | $-0.83 | · | · | · | · | $-0.28 | $-5.37 | |
| Shares (Basic) | 82,328,484 | 77,535,121 | 69,439,034 | 39,363,114 | 30,433,154 | 26,377,652 | · | · | · | · | 22,986,931 | 12,349,456 | |
| Shares (Diluted) | 82,328,484 | 80,306,690 | 69,439,034 | 39,363,114 | 30,433,154 | 26,377,652 | · | · | · | · | 22,986,931 | 12,349,456 | |
| EBITDA | $-378M | $55M | $-49M | $-79M | $-41M | $-22M | $-4M | $-23M | $-8M | $-1M | $4M | $-6M |
Balance Sheet
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $157M | $221M | $140M | $281M | $77M | $16M | $4M | $3M | $11M | $18M | $33M | $50M | |
| Receivables | $35M | $109M | $70M | $57M | $20M | $16M | $32M | $26M | $27M | $18M | $21M | $18M | |
| Inventory | $38M | $48M | $39M | $23M | $12M | $13M | $9M | $7M | $9M | $13M | $7M | $5M | |
| Prepaid Expense | $10M | $32M | $17M | $7M | $3M | $2M | $1M | $1M | $1M | $2M | $2M | $836.0K | |
| Current Assets | $242M | $409M | $266M | $370M | $112M | $47M | $46M | $37M | $48M | $50M | $62M | $73M | |
| PP&E (Net) | $98M | $459M | $417M | $259M | $56M | $47M | $54M | $62M | $76M | $84M | $78M | $71M | |
| PP&E (Gross) | $294M | $616M | $559M | $389M | $177M | $160M | $156M | $154M | $159M | $156M | $141M | $124M | |
| Accum. Depreciation | $196M | $157M | $141M | $130M | $122M | $113M | $103M | $93M | $83M | $72M | $62M | $53M | |
| Other Non-current Assets | $9M | $6M | $2M | $3M | $1M | $84.0K | $84.0K | $73.0K | $86.0K | $89.0K | $105.0K | $175.0K | |
| Total Assets | $407M | $895M | $703M | $643M | $183M | $97M | $104M | $99M | $124M | $135M | $140M | $145M | |
| Accounts Payable | $13M | $44M | $51M | $55M | $17M | $5M | $13M | $12M | $11M | $13M | $11M | $14M | |
| Accrued Liabilities | $13M | $36M | $23M | $16M | $11M | $4M | $8M | $4M | $6M | $4M | $6M | $6M | |
| Current Liabilities | $62M | $110M | $78M | $79M | $37M | $14M | $30M | $23M | $22M | $18M | $17M | $20M | |
| Capital Leases | $21M | $23M | $22M | $13M | $13M | $4M | $4M | · | · | $4.0K | $40.0K | $89.0K | |
| Other Non-current Liabilities | · | · | · | · | · | $434.0K | · | · | · | $971.0K | $151.0K | $1M | |
| Total Liabilities | $171M | $280M | $215M | $196M | $55M | $30M | $45M | $29M | $23M | $19M | $18M | $21M | |
| Long-term Debt | $65M | $95M | · | · | · | $4M | · | · | · | · | · | · | |
| Total Debt | $25M | $20M | · | · | · | $4M | · | · | · | · | · | · | |
| Common Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Retained Earnings | $-1.05B | $-660M | $-674M | $-628M | $-545M | $-508M | $-486M | $-472M | $-437M | $-418M | $-406M | $-399M | |
| Stockholders' Equity | $236M | $615M | $488M | $447M | $128M | $68M | $59M | $70M | $101M | $116M | $122M | $124M | |
| Liabilities + Equity | $407M | $895M | $703M | $643M | $183M | $97M | $104M | $99M | $124M | $135M | $140M | $145M | |
| Shares Outstanding | 82,711,351 | 82,040,468 | 76,503,151 | 69,994,963 | 33,218,115 | 27,821,685 | 24,302,504 | 23,973,517 | 23,643,189 | 23,369,838 | 23,184,852 | 22,992,273 |
Cash Flow
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | · | · | · | · | · | · | $10M | $11M | $11M | $10M | $10M | $10M | |
| Stock-based Comp | $9M | $13M | $11M | · | · | · | · | · | · | · | · | · | |
| Deferred Tax | $-416.0K | · | · | · | · | · | · | · | · | · | · | · | |
| Other Non-cash | · | · | · | · | · | · | $3M | $15M | $4M | $2M | $2M | $63M | |
| Operating Cash Flow | $33M | $46M | $-43M | $-94M | $-19M | $-10M | $-1M | $-9M | $-5M | $-578.0K | $5M | $7M | |
| CapEx | $37M | $86M | $175M | $178M | $14M | $3M | $2M | $4M | $6M | $13M | $22M | $13M | |
| Investing Cash Flow | $-37M | $-86M | $-175M | $-178M | $-14M | $-3M | $-2M | $-4M | $-6M | $-13M | · | · | |
| Debt Issued | · | $125M | · | · | · | $4M | · | · | · | · | · | · | |
| Net Debt Issued | · | $125M | · | · | · | $4M | · | · | · | · | · | $-19M | |
| Stock Issued | · | · | · | · | · | · | · | · | · | · | · | $2.0K | |
| Net Stock Activity | · | · | · | · | · | · | · | · | · | · | · | $2.0K | |
| Financing Cash Flow | $-58M | $122M | $75M | $478M | $92M | $26M | $3M | $5M | $3M | $-924.0K | · | · | |
| Net Change in Cash | $-63M | $81M | $-143M | $206M | $60M | $13M | $306.0K | $-7M | $-7M | $-15M | $-17M | $48M | |
| Taxes Paid | $4M | · | · | · | · | · | · | · | · | · | · | · | |
| Free Cash Flow | $-5M | $-41M | $-218M | $-272M | $-32M | $-13M | $-3M | $-12M | $-11M | $-14M | $-17M | $-7M |
Profitability
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 17.0% | 40.4% | 23.8% | 2.8% | 8.2% | 14.5% | 18.9% | 12.1% | 16.7% | 19.8% | 20.1% | 16.7% | |
| Operating Margin | -139.5% | 12.0% | -20.6% | -43.9% | -33.4% | -21.5% | -10.2% | -32.5% | -17.1% | -9.5% | -5.1% | -15.7% | |
| Net Margin | -143.7% | 2.9% | -19.2% | -45.9% | -30.5% | -21.8% | -10.4% | -33.0% | -17.3% | -10.2% | -5.2% | -64.8% | |
| Pretax Margin | -142.8% | 3.3% | · | · | · | · | · | · | · | · | · | · | |
| EBITDA Margin | -139.5% | 12.0% | -20.6% | -43.9% | -33.4% | -21.5% | -2.8% | -22.2% | -7.5% | -1.2% | 3.0% | -5.7% | |
| ROA | -59.9% | 1.7% | -6.8% | -20.0% | -26.5% | -21.7% | -14.4% | -30.9% | -14.9% | -8.8% | -4.5% | -56.4% | |
| ROE | -143.1% | 2.4% | -10.2% | -26.3% | -27.4% | -33.9% | -24.7% | -44.8% | -17.8% | -10.1% | -5.2% | -214.8% | |
| ROIC | -146.0% | 7.6% | · | · | · | · | · | · | · | · | · | · |
Liquidity & Solvency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 3.9 | 3.7 | 3.4 | 4.7 | 3.1 | 3.4 | 1.5 | 1.6 | 2.2 | 2.8 | 3.5 | 3.6 | |
| Quick Ratio | 3.1 | 3.0 | 2.7 | 4.3 | 2.7 | 2.3 | 1.2 | 1.3 | 1.7 | 2.0 | 3.1 | 3.3 | |
| Debt / Equity | 0.1 | 0.0 | · | · | · | 0.1 | · | · | · | · | · | · | |
| LT Debt / Equity | · | · | · | · | · | 0.0 | · | · | · | · | · | · |
Efficiency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.4 | 0.6 | 0.4 | 0.4 | 0.9 | 1.0 | 1.4 | 0.9 | 0.9 | 0.9 | 0.9 | 0.9 | |
| Inventory Turnover | 5.2 | 6.2 | 5.9 | 10.2 | · | · | · | · | 8.5 | 9.6 | 17.0 | 14.2 | |
| Receivables Turnover | 3.8 | 5.1 | 3.7 | 4.6 | 6.7 | 4.2 | 4.8 | 4.0 | 5.0 | 6.2 | 6.4 | 5.6 |
Per Share
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $2.85 | $7.49 | $6.38 | $6.39 | $3.87 | $2.44 | $2.43 | $2.93 | $4.27 | $4.95 | $5.28 | $5.38 | |
| Revenue / Share | $3.29 | $5.64 | $3.44 | $4.58 | · | · | · | · | · | · | $5.33 | $8.29 | |
| Cash Flow / Share | $0.40 | $0.57 | $-0.61 | $-2.40 | · | · | · | · | · | · | $0.23 | $0.54 | |
| Cash / Share | $1.90 | $2.69 | $1.83 | $4.02 | $2.30 | $0.59 | $0.15 | $0.14 | $0.45 | $0.77 | $1.41 | $2.16 | |
| EPS (TTM) | $-4.73 | $0.17 | $-0.66 | $-2.10 | $-1.22 | $-0.83 | $-0.20 | $-0.20 | $-0.20 | $-0.20 | $-0.28 | $-5.37 |
Growth Rates
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | -40.1% | 89.6% | 32.4% | 48.3% | 21.3% | · | · | · | · | · | · | · | |
| Revenue CAGR 3Y | 14.5% | 55.0% | 33.5% | · | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 22.0% | · | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM)
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $271M | $453M | $239M | $180M | $122M | $100M | $139M | $104M | $112M | $118M | $123M | $102M | |
| Net Income TTM | $-390M | $13M | $-46M | $-83M | $-37M | $-22M | $-15M | $-34M | $-19M | $-12M | $-6M | $-66M | |
| Market Cap | $234M | $975M | $1.21B | $825M | $1.65B | $464M | $189M | $51M | $115M | $97M | $141M | $183M | |
| Enterprise Value | $102M | $774M | · | · | · | $452M | · | · | · | · | · | · | |
| P/E | -0.6 | 69.9 | -23.9 | -5.6 | -40.8 | -20.1 | -38.8 | -10.7 | -24.4 | -20.6 | -21.7 | -1.5 | |
| P/S | 0.9 | 2.2 | 5.1 | 4.6 | 13.6 | 4.6 | 1.4 | 0.5 | 1.0 | 0.8 | 1.1 | 1.8 | |
| P/B | 1.0 | 1.6 | 2.5 | 1.8 | 12.9 | 6.8 | 3.2 | 0.7 | 1.1 | 0.8 | 1.1 | 1.5 | |
| P / Tangible Book | 1.0 | 1.6 | 2.5 | 1.8 | 12.9 | 6.8 | · | · | · | · | · | · | |
| P / Cash Flow | 7.1 | 21.4 | -28.3 | -8.7 | -88.8 | -46.8 | -178.9 | -5.9 | -25.0 | -167.0 | 26.3 | 27.6 | |
| P / FCF | -51.1 | -23.9 | -5.5 | -3.0 | -51.0 | -34.8 | -59.6 | -4.2 | -10.8 | -7.0 | -8.5 | -27.8 | |
| EV / EBITDA | -0.3 | 14.2 | · | · | · | -20.9 | · | · | · | · | · | · | |
| EV / FCF | -22.4 | -19.0 | · | · | · | -33.8 | · | · | · | · | · | · | |
| EV / Revenue | 0.4 | 1.7 | · | · | · | 4.5 | · | · | · | · | · | · | |
| Earnings Yield | -167.1% | 1.4% | -4.2% | -17.8% | -2.5% | -5.0% | -2.6% | -9.4% | -4.1% | -4.8% | -4.6% | -67.3% |
Income Statement
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $50M | $38M | $41M | $73M | $78M | $79M | $123M | $117M | $118M | $95M | $61M | $48M | $46M | $37M | $46M | $38M | |
| Cost of Revenue | $47M | $34M | $64M | $52M | $53M | $56M | $76M | $68M | $66M | $59M | $47M | $40M | $40M | $43M | $47M | $40M | |
| Gross Profit | $3M | $4M | $-23M | $21M | $25M | $23M | $47M | $49M | $52M | $35M | $14M | $8M | $5M | $-6M | $-1M | $-2M | |
| R&D Expense | $3M | $3M | $3M | $2M | $4M | $4M | $4M | $5M | $5M | $4M | $4M | $4M | $4M | $5M | $4M | $4M | |
| SG&A Expense | $13M | $15M | $15M | $14M | $14M | $13M | $19M | $18M | $18M | $17M | $16M | $13M | $12M | $10M | $9M | $7M | |
| Operating Expenses | $32M | $25M | $47M | $24M | $30M | $322M | $32M | $32M | $32M | $33M | $28M | $25M | $24M | $22M | $21M | $17M | |
| Operating Income | $-29M | $-21M | $-70M | $-3M | $-5M | $-299M | $15M | $17M | $20M | $2M | $-15M | $-17M | $-19M | $-28M | $-23M | $-19M | |
| Other Non-op | $6M | $-3M | $-3M | $-2M | $-3M | $-832.0K | $-4M | $-30M | $-2M | $-4M | $2M | $2M | $2M | $-1M | $-1M | $-860.0K | |
| Pretax Income | $-23M | $-24M | $-73M | $-6M | $-8M | $-300M | $11M | $-13M | $18M | $-1M | $-13M | $-15M | $-17M | · | · | · | |
| Income Tax | $619.0K | $-253.0K | $-97.0K | $594.0K | $821.0K | $1M | $-175.0K | $267.0K | $866.0K | $756.0K | · | · | · | · | · | · | |
| Net Income | $-23M | $-24M | $-73M | $-6M | $-9M | $-301M | $11M | $-13M | $17M | $-2M | $-13M | $-15M | $-17M | $-30M | $-24M | $-19M | |
| EPS (Basic) | $-0.28 | $-0.29 | $-0.87 | $-0.08 | $-0.11 | $-3.67 | $0.14 | $-0.17 | $0.22 | $-0.02 | $-0.19 | $-0.22 | $-0.24 | $-0.75 | $-0.68 | $-0.59 | |
| EPS (Diluted) | $-0.28 | $-0.29 | $-0.87 | $-0.08 | $-0.11 | $-3.67 | $0.15 | $-0.17 | $0.21 | $-0.02 | $-0.19 | $-0.22 | $-0.24 | $-0.75 | $-0.68 | $-0.59 | |
| Shares (Basic) | 82,892,195 | 82,742,789 | · | 82,399,599 | 82,179,136 | 82,065,676 | · | 76,261,294 | 76,336,811 | 75,762,893 | 69,317,805 | 69,249,281 | 69,162,739 | 39,533,695 | 35,207,975 | 32,940,040 | |
| Shares (Diluted) | 82,892,195 | 82,742,789 | · | 82,399,599 | 82,179,136 | 82,065,676 | · | 76,261,294 | 78,981,383 | 75,762,893 | 69,317,805 | 69,249,281 | 69,162,739 | 39,533,695 | 35,207,975 | 32,940,040 | |
| EBITDA | $-29M | $-21M | · | $-3M | $-5M | $-299M | · | $17M | $20M | $2M | $-15M | $-17M | $-19M | $-28M | $-23M | $-19M |
Balance Sheet
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $152M | $174M | $157M | $151M | $168M | $192M | $221M | $113M | $91M | $101M | $95M | $134M | $208M | $102M | $162M | $205M | |
| Receivables | $40M | $36M | $35M | $69M | $76M | $77M | $109M | $115M | $117M | $84M | $54M | $44M | $47M | $27M | $29M | $25M | |
| Inventory | $28M | $31M | $38M | $43M | $52M | $57M | $48M | $47M | $53M | $46M | $34M | $33M | $27M | $21M | $17M | $16M | |
| Prepaid Expense | $27M | $11M | $10M | $14M | $14M | $17M | $32M | $29M | $27M | $24M | $17M | $16M | $14M | $6M | $5M | $3M | |
| Current Assets | $248M | $254M | $242M | $279M | $310M | $344M | $409M | $306M | $289M | $255M | $200M | $228M | $296M | $156M | $213M | $248M | |
| PP&E (Net) | $84M | $94M | $98M | $154M | $156M | $179M | $459M | $452M | $438M | $423M | $385M | $368M | $312M | $210M | $122M | $78M | |
| PP&E (Gross) | $285M | $295M | $294M | $322M | $319M | $341M | $616M | $603M | $588M | $568M | $524M | $504M | $445M | $338M | $248M | $202M | |
| Accum. Depreciation | $201M | $201M | $196M | $168M | $163M | $161M | $157M | $151M | $150M | $145M | $139M | $136M | $133M | $128M | $126M | $124M | |
| Other Non-current Assets | $7M | $7M | $9M | $9M | $8M | $7M | $6M | $5M | $3M | $3M | $2M | $2M | $2M | $3M | $3M | $2M | |
| Total Assets | $393M | $410M | $407M | $491M | $525M | $555M | $895M | $783M | $749M | $698M | $605M | $617M | $621M | $385M | $356M | $341M | |
| Accounts Payable | $21M | $14M | $13M | $19M | $27M | $40M | $44M | $42M | $57M | $45M | $37M | $48M | $53M | $58M | $51M | $30M | |
| Accrued Liabilities | $19M | $18M | $13M | $16M | $16M | $17M | $36M | $27M | $20M | $13M | $17M | $11M | $10M | $13M | $11M | $8M | |
| Current Liabilities | $99M | $88M | $62M | $71M | $78M | $81M | $110M | $104M | $83M | $64M | $61M | $66M | $69M | $81M | $71M | $46M | |
| Capital Leases | $20M | $20M | $21M | $21M | $21M | $22M | $23M | $24M | $23M | $22M | $22M | $22M | $13M | $17M | $17M | $13M | |
| Total Liabilities | $200M | $197M | $171M | $186M | $216M | $240M | $280M | $275M | $231M | $207M | $195M | $197M | $188M | $203M | $191M | $159M | |
| Long-term Debt | $57M | $61M | $65M | $70M | $77M | $95M | $95M | $94M | · | · | · | · | · | · | · | · | |
| Total Debt | $23M | $24M | · | $26M | $26M | $14M | · | $26M | · | · | · | · | · | · | · | · | |
| Common Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | · | · | · | |
| Retained Earnings | $-1.10B | $-1.07B | $-1.05B | $-977M | $-971M | $-961M | $-660M | $-672M | $-659M | $-675M | $-673M | $-660M | $-645M | $-618M | $-589M | $-565M | |
| Stockholders' Equity | $192M | $213M | $236M | $306M | $309M | $315M | $615M | $508M | $518M | $491M | $410M | $420M | $433M | $182M | $165M | $182M | |
| Liabilities + Equity | $393M | $410M | $407M | $491M | $525M | $555M | $895M | $783M | $749M | $698M | $605M | $617M | $621M | $385M | $356M | $341M | |
| Shares Outstanding | 82,988,340 | 82,825,603 | 82,711,351 | 82,562,804 | 82,253,282 | 82,174,358 | 82,040,468 | 77,155,896 | 77,081,039 | 76,077,929 | 70,226,633 | 70,158,143 | 70,069,160 | 40,841,127 | 36,478,284 | 35,918,281 |
Cash Flow
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock-based Comp | $2M | $2M | $2M | $2M | $3M | $2M | $3M | $3M | $3M | $5M | · | · | · | · | · | · | |
| Deferred Tax | $-591.0K | $-522.0K | · | · | · | · | · | · | · | · | · | · | · | · | · | · | |
| Operating Cash Flow | $-16M | $34M | $16M | $15M | $-4M | $6M | $36M | $21M | $7M | $-18M | $-8M | $-8M | $-25M | $-37M | $-10M | $-23M | |
| CapEx | $2M | $1M | $2M | $9M | $13M | $13M | $15M | $21M | $25M | $26M | $32M | $66M | $49M | $67M | $38M | $15M | |
| Investing Cash Flow | $-2M | $-1M | $-2M | $-9M | $-13M | $-13M | $-15M | $-21M | $-25M | $-26M | $-32M | $-66M | $-49M | $-67M | $-38M | $-15M | |
| Debt Issued | · | · | · | · | · | · | $0 | · | · | · | · | · | · | · | · | · | |
| Financing Cash Flow | $-4M | $-16M | $-8M | $-22M | $-8M | $-21M | $86M | $22M | $8M | $5M | $126.0K | $142.0K | $-364.0K | $45M | $5M | $166M | |
| Net Change in Cash | $-22M | $17M | $6M | $-16M | $-24M | $-29M | $107M | $22M | $-10M | $-38M | $-40M | $-74M | $-74M | $-60M | $-43M | $129M | |
| Free Cash Flow | · | $33M | · | · | · | $-7M | · | · | · | $-44M | · | · | $-74M | · | · | $-37M |
Profitability
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 6.6% | 11.3% | · | 28.5% | 32.5% | 29.0% | · | 41.8% | 43.8% | 37.2% | 22.7% | 17.5% | 11.2% | -17.3% | -2.6% | -4.7% | |
| Operating Margin | -57.7% | -55.0% | · | -4.6% | -6.6% | -380.2% | · | 14.8% | 17.0% | 2.6% | -24.1% | -35.4% | -41.5% | -77.1% | -49.6% | -48.5% | |
| Net Margin | -46.7% | -62.5% | · | -8.7% | -11.6% | -382.7% | · | -11.1% | 14.3% | -1.9% | -21.5% | -32.0% | -36.8% | -80.6% | -52.7% | -50.7% | |
| Pretax Margin | -45.4% | -63.2% | · | -7.9% | -10.5% | -381.3% | · | -10.8% | 15.0% | -1.1% | · | · | · | · | · | · | |
| EBITDA Margin | -57.7% | -55.0% | · | -4.6% | -6.6% | -380.2% | · | 14.8% | 17.0% | 2.6% | -24.1% | -35.4% | -41.5% | -77.1% | -49.6% | -48.5% | |
| ROA | -5.1% | -4.9% | · | -0.99% | -1.4% | -48.1% | · | -1.9% | 2.5% | -0.28% | -2.6% | -3.2% | -3.5% | -10.3% | -8.8% | -8.8% | |
| ROE | -9.3% | -9.0% | · | -1.6% | -2.2% | -74.8% | · | -2.8% | 3.6% | -0.40% | -4.4% | -5.3% | -5.5% | -18.2% | -15.4% | -15.7% | |
| ROIC | -13.7% | -8.7% | · | -1.1% | -1.7% | -91.5% | · | 3.3% | 3.7% | 0.84% | · | · | · | · | · | · |
Liquidity & Solvency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.5 | 2.9 | · | 3.9 | 4.0 | 4.2 | · | 2.9 | 3.5 | 4.0 | 3.3 | 3.5 | 4.3 | 1.9 | 3.0 | 5.4 | |
| Quick Ratio | 1.9 | 2.4 | · | 3.1 | 3.1 | 3.3 | · | 2.2 | 2.5 | 2.9 | 2.4 | 2.7 | 3.7 | 1.6 | 2.7 | 5.0 | |
| Debt / Equity | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.0 | · | 0.1 | · | · | · | · | · | · | · | · |
Efficiency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.2 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | |
| Inventory Turnover | 1.2 | 0.8 | · | 1.2 | 1.0 | 1.1 | · | 1.7 | 1.5 | 1.6 | 1.7 | 1.6 | 1.9 | 2.8 | 3.5 | · | |
| Receivables Turnover | 0.9 | 0.7 | · | 0.8 | 0.8 | 1.0 | · | 1.4 | 1.5 | 1.4 | 1.5 | 1.3 | 1.3 | 1.6 | 1.9 | 1.7 |
Per Share
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $2.32 | $2.58 | · | $3.70 | $3.75 | $3.83 | · | $6.58 | $6.72 | $6.46 | $5.84 | $5.99 | $6.17 | $4.47 | $4.52 | $5.06 | |
| Revenue / Share | $0.60 | $0.46 | · | $0.89 | $0.95 | $0.96 | · | $1.54 | $1.49 | $1.25 | $0.88 | $0.70 | $0.66 | $0.93 | $1.30 | · | |
| Cash Flow / Share | · | $0.41 | · | · | · | $0.07 | · | · | · | $-0.23 | · | · | $-0.36 | · | · | · | |
| Cash / Share | $1.83 | $2.10 | · | $1.83 | $2.04 | $2.34 | · | $1.47 | $1.19 | $1.33 | $1.35 | $1.91 | $2.96 | $2.51 | $4.45 | $5.71 | |
| EPS (TTM) | $-1.52 | $-1.35 | · | $-3.71 | $-3.80 | $-3.48 | · | $0.01 | $-0.01 | $-0.44 | $-0.73 | $-1.29 | $-1.75 | $-2.54 | $-2.03 | $-1.58 |
Valuation (TTM)
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $202M | $230M | · | $353M | $397M | $437M | · | $414M | $357M | $288M | $214M | $190M | $188M | $152M | $146M | $132M | |
| Net Income TTM | $-126M | $-112M | · | $-305M | $-312M | $-286M | · | $1M | $1M | $-31M | $-55M | $-71M | $-80M | $-89M | $-68M | $-50M | |
| Market Cap | $526M | $283M | · | $575M | $487M | $525M | · | $2.14B | $1.84B | $1.34B | $604M | $554M | $522M | $377M | $360M | $1.24B | |
| Enterprise Value | $398M | $134M | · | $450M | $345M | $347M | · | $2.05B | · | · | · | · | · | · | · | · | |
| P/E | -4.2 | -2.5 | · | -1.9 | -1.6 | -1.8 | · | 2769.0 | -2385.0 | -40.0 | -11.8 | -6.1 | -4.3 | -3.6 | -4.9 | -21.8 | |
| P/S | 2.6 | 1.2 | · | 1.6 | 1.2 | 1.2 | · | 5.2 | 5.1 | 4.7 | 2.8 | 2.9 | 2.8 | 2.5 | 2.5 | 9.4 | |
| P/B | 2.7 | 1.3 | · | 1.9 | 1.6 | 1.7 | · | 4.2 | 3.6 | 2.7 | 1.5 | 1.3 | 1.2 | 2.1 | 2.2 | 6.8 | |
| P / Tangible Book | 2.7 | 1.3 | · | 1.9 | 1.6 | 1.7 | · | 4.2 | 3.6 | 2.7 | 1.5 | 1.3 | 1.2 | 2.1 | 2.2 | 6.8 | |
| P / Cash Flow | · | 8.3 | · | · | · | 93.2 | · | · | · | -75.4 | · | · | -21.2 | · | · | -54.2 | |
| EV / Revenue | 2.0 | 0.6 | · | 1.3 | 0.9 | 0.8 | · | 5.0 | · | · | · | · | · | · | · | · | |
| Earnings Yield | -24.0% | -39.5% | · | -53.3% | -64.2% | -54.5% | · | 0.04% | -0.04% | -2.5% | -8.5% | -16.4% | -23.5% | -27.6% | -20.5% | -4.6% |
Most recent period on the left · null values shown as ·
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Revenue | $271M | $453M | $239M | $180M | $122M |
| Gross Margin % | 17.0% | 40.4% | 23.8% | 2.8% | 8.2% |
| Operating Margin % | -139.5% | 12.0% | -20.6% | -43.9% | -33.4% |
| Net Income | $-390M | $13M | $-46M | $-83M | $-37M |
| Diluted EPS | $-4.73 | $0.17 | $-0.66 | $-2.10 | $-1.22 |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Debt / Equity | 0.1 | 0.0 | · | · | · |
| Current Ratio | 3.9 | 3.7 | 3.4 | 4.7 | 3.1 |
| Quick Ratio | 3.1 | 3.0 | 2.7 | 4.3 | 2.7 |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Free Cash Flow | $-5M | $-41M | $-218M | $-272M | $-32M |
Institutional owners (13F) 202 filers · $480.6M total · As of June 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Holders
202
Value held
$480.6M
New positions
40
Exited positions
23
Institutional activity — Q2 2026 vs prior quarter
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 40 (+2 vs prior Q) | 23 (-21 vs prior Q) | 64 (+20 vs prior Q) | 46 (-15 vs prior Q) | +7.8M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| KIM, LLC | $77,857,901 | 12,280,426 | 16.20% | Shares |
| BlackRock, Inc. | $33,457,120 | 5,277,148 | 6.96% | Shares |
| OAKTOP CAPITAL MANAGEMENT II, L.P. | $32,769,393 | 5,168,674 | 6.82% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $22,438,978 | 3,539,271 | 4.67% | Shares |
| NEEDHAM INVESTMENT MANAGEMENT LLC | $20,673,472 | 3,260,800 | 4.30% | Shares |
| George Kaiser Family Foundation | $20,080,821 | 3,167,322 | 4.18% | Shares |
| STATE STREET CORP | $16,227,198 | 2,559,495 | 3.38% | Shares |
| AMERICAN CENTURY COMPANIES INC | $15,913,666 | 2,510,042 | 3.31% | Shares |
| VANGUARD GROUP INC | $13,261,239 | 4,685,950 | 2.76% | Shares |
| JACOBS LEVY EQUITY MANAGEMENT, INC | $13,048,246 | 2,058,083 | 2.72% | Shares |
| AMERIPRISE FINANCIAL INC | $11,547,010 | 1,821,295 | 2.40% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $11,227,752 | 1,770,425 | 2.34% | Shares |
| RICE HALL JAMES & ASSOCIATES, LLC | $10,367,542 | 1,635,259 | 2.16% | Shares |
| Invesco Ltd. | $10,270,622 | 1,619,972 | 2.14% | Shares |
| GAGNON SECURITIES LLC | $9,737,048 | 1,535,812 | 2.03% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $9,174,123 | 1,447,333 | 1.91% | Shares |
| GOLDMAN SACHS GROUP INC | $8,700,382 | 1,372,300 | 1.81% | Shares |
| ROYCE & ASSOCIATES LP | $8,389,202 | 1,323,218 | 1.75% | Shares |
| AQR CAPITAL MANAGEMENT LLC | $8,092,034 | 1,276,346 | 1.68% | Shares |
| MILLENNIUM MANAGEMENT LLC | $7,548,505 | 1,190,616 | 1.57% | Shares |
| MARSHALL WACE, LLP | $7,270,122 | 1,146,707 | 1.51% | Shares |
| D. E. Shaw & Co., Inc. | $6,761,616 | 1,066,501 | 1.41% | Shares |
| Telemark Asset Management, LLC | $6,340,000 | 1,000,000 | 1.32% | Shares |
| JPMORGAN CHASE & CO | $6,006,210 | 1,004,383 | 1.25% | Shares |
| BNP PARIBAS FINANCIAL MARKETS | $5,498,042 | 867,199 | 1.14% | Shares |
| TWO SIGMA INVESTMENTS, LP | $4,941,827 | 779,468 | 1.03% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $4,431,552 | 698,983 | 0.92% | Shares |
| FEDERATED HERMES, INC. | $3,784,238 | 596,883 | 0.79% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $3,618,314 | 570,712 | 0.75% | Shares |
| TUDOR INVESTMENT CORP ET AL | $3,597,215 | 567,384 | 0.75% | Shares |
| NORTHERN TRUST CORP | $3,585,707 | 565,569 | 0.75% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $3,007,652 | 474,393 | 0.63% | Shares |
| PANAGORA ASSET MANAGEMENT INC | $2,805,120 | 442,448 | 0.58% | Shares |
| MORGAN STANLEY | $2,517,456 | 397,075 | 0.52% | Shares |
| DEUTSCHE BANK AG\ | $2,358,969 | 372,077 | 0.49% | Shares |
| Baird Financial Group, Inc. | $2,188,524 | 345,193 | 0.46% | Shares |
| ALGERT GLOBAL LLC | $1,918,370 | 302,582 | 0.40% | Shares |
| Trexquant Investment LP | $1,917,463 | 302,439 | 0.40% | Shares |
| RENAISSANCE TECHNOLOGIES LLC | $1,739,645 | 274,392 | 0.36% | Shares |
| BANK OF AMERICA CORP /DE/ | $1,602,409 | 252,746 | 0.33% | Shares |
| CITADEL ADVISORS LLC | $1,513,555 | 238,731 | 0.31% | Shares |
| PRUDENTIAL FINANCIAL INC | $1,457,788 | 229,935 | 0.30% | Shares |
| XTX Topco Ltd | $1,445,374 | 227,977 | 0.30% | Shares |
| FIRST TRUST ADVISORS LP | $1,409,711 | 222,352 | 0.29% | Shares |
| Bank of New York Mellon Corp | $1,238,767 | 195,389 | 0.26% | Shares |
| Cubist Systematic Strategies, LLC | $1,225,030 | 176,010 | 0.25% | Shares |
| Palogic Value Management, L.P. | $1,176,634 | 185,589 | 0.24% | Shares |
| CITADEL ADVISORS LLC | $1,155,148 | 182,200 | 0.24% | Call option |
| CITIGROUP INC | $1,151,667 | 181,651 | 0.24% | Shares |
| IRONWOOD INVESTMENT MANAGEMENT LLC | $1,136,768 | 179,301 | 0.24% | Shares |
Activists & 5%+ owners 5 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| Koch, Inc., Wood River Capital, LLC | Sept. 24, 2026 | 0.00% | Amendment | · | SEC |
| Wood River Capital, LLC, Koch, Inc. ×3 filings | Aug. 19, 2024 | · | Initial filing | Passive investment | SEC |
| Koch Industries, LLC, Wood River Capital, LLC, Koch, Inc. | Aug. 2, 2024 | · | Initial filing | Passive investment | SEC |
| Spring Creek Capital, LLC, Wood River Capital, LLC, Koch Industries, Inc. ×2 filings | May 3, 2022 | · | Initial filing | Passive investment | SEC |
| OR ×4 filings | Dec. 4, 2017 | · | Initial filing | · | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
Company insiders 30 insiders · 15 officers · 13 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Donald R Young | President and CEO | March 8, 2026 F | 637,834 | 0 | 1 | $-183,609 |
| Grant Douglas Thoele | CFO & Treasurer | March 8, 2026 F | 77,732 | 0 | 0 | $0 |
| Ricardo C. Rodriguez | CFO & Treasurer | March 7, 2025 F | 57,311 | 0 | 0 | $0 |
| FAIRBANKS JOHN F | VP, CFO and Treasurer | Feb. 27, 2022 F | 141,277 | 0 | 0 | $0 |
| Gregg Landes | Chief Operating Officer | March 8, 2026 F | 102,931 | 0 | 0 | $0 |
| Glenn E. Deegan | CAO, GC & Corp Secretary | Sept. 30, 2026 F | 66,033 | 0 | 0 | $0 |
| Corby C Whitaker | Chief Commercial Officer | March 8, 2026 F | 205,315 | 0 | 0 | $0 |
| Santhosh P Daniel | Chief Accounting Officer | March 5, 2026 F | 15,330 | 0 | 0 | $0 |
| Stephanie Pittman | Chief Human Resources Officer | Sept. 5, 2025 F | 42,257 | 0 | 0 | $0 |
| Virginia Johnson | CLO, GC, and Secretary | May 23, 2025 F | 44,450 | 0 | 0 | $0 |
| Keith L Schilling | SVP, Technology | March 7, 2025 F | 49,797 | 0 | 0 | $0 |
| Kelley Conte | Senior Vice President, HR | June 1, 2023 A | 128,183 | 0 | 0 | $0 |
| George L Gould | Chief Technology Officer | Feb. 23, 2022 A | 95,381 | 0 | 0 | $0 |
| Jeffrey Alan Ball | VP, Operations | Sept. 27, 2019 A | 96,688 | 0 | 0 | $0 |
| Kevin Alan Schmidt | VP, Operations | March 11, 2015 A | 28,514 | 0 | 0 | $0 |
| William P Noglows | Director | June 23, 2026 M | 114,156 | 0 | 0 | $0 |
| Cari Robinson | Director | May 13, 2026 A | 22,616 | 0 | 0 | $0 |
| Kathleen Kool | Director | May 13, 2026 A | 34,323 | 0 | 0 | $0 |
| Steven R Mitchell | Director | May 13, 2026 A | 156,898 | 0 | 0 | $0 |
| James E Sweetnam | Director | May 13, 2026 A | 36,321 | 0 | 0 | $0 |
| Rebecca Blalock | Director | May 30, 2024 A | 63,175 | 0 | 0 | $0 |
| Mark L Noetzel | Director | May 30, 2024 A | 121,220 | 0 | 0 | $0 |
| Richard F Reilly | Director | June 2, 2022 A | 79,231 | 0 | 0 | $0 |
| Robert M. Gervis | Director | June 2, 2022 A | 355,182 | 0 | 0 | $0 |
| Ramsay P Battin | Director | June 17, 2015 A | 16,935 | 0 | 0 | $0 |
| David J Prend | Director | June 18, 2014 C | 23,752 | 0 | 0 | $0 |
| Craig A Huff | Director | June 12, 2014 A | 7,727 | 0 | 0 | $0 |
| Wood River Capital, LLC | 10% owner | May 2, 2022 J | 6,324,449 | 0 | 0 | $0 |
| SPRING CREEK CAPITAL LLC | 10% owner | May 2, 2022 J | 0 | 0 | 0 | $0 |
| KOCH INDUSTRIES INC | 10% owner | March 28, 2022 P | 1,791,986 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 28 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| PBW · Invesco Exchange-Traded Fund Trust | 1.46% | 894,128 SH | Oct. 1, 2026 | Daily |
| DWAS · Invesco Exchange-Traded Fund Trust … | 0.37% | 275,339 SH | Oct. 1, 2026 | Daily |
| IBAT · iShares Trust | 0.08% | 11,232 SH | Sept. 11, 2026 | Daily |
| IWC · iShares Trust | 0.08% | 229,579 SH | Sept. 11, 2026 | Daily |
| VFQY · VANGUARD WELLINGTON FUND | 0.05% | 38,202 SH | Aug. 19, 2026 | Daily |
| PRFZ · Invesco Exchange-Traded Fund Trust | 0.04% | 220,575 SH | Oct. 1, 2026 | Daily |
| CCSO · Tidal Trust II | 0.04% | 3,721 NS | July 31, 2026 | N-PORT |
| VTWV · VANGUARD SCOTTSDALE FUNDS | 0.03% | 59,176 SH | Aug. 19, 2026 | Daily |
| VAW · VANGUARD WORLD FUND | 0.03% | 206,532 SH | Aug. 19, 2026 | Daily |
| DFSV · Dimensional ETF Trust | 0.01% | 197,730 NS | July 31, 2026 | N-PORT |
| IWM · iShares Trust | 0.01% | 1,732,165 SH | Sept. 11, 2026 | Daily |
| OMFS · Invesco Exchange-Traded Self-Indexe… | 0.01% | 4,938 SH | Oct. 1, 2026 | Daily |
| RSSL · Global X Funds | 0.01% | 32,446 NS | July 31, 2026 | N-PORT |
| VXF · VANGUARD INDEX FUNDS | 0.01% | 810,157 SH | Aug. 19, 2026 | Daily |
| VTWO · VANGUARD SCOTTSDALE FUNDS | 0.01% | 390,113 SH | Aug. 19, 2026 | Daily |
| DFAT · Dimensional ETF Trust | 0.01% | 279,316 NS | July 31, 2026 | N-PORT |
| DFAS · Dimensional ETF Trust | 0.00% | 68,325 NS | July 31, 2026 | N-PORT |
| DXUV · Dimensional ETF Trust | 0.00% | 2,456 NS | July 31, 2026 | N-PORT |
| DFSU · Dimensional ETF Trust | 0.00% | 8,478 NS | July 31, 2026 | N-PORT |
| DCOR · Dimensional ETF Trust | 0.00% | 7,031 NS | July 31, 2026 | N-PORT |
| DFAU · Dimensional ETF Trust | 0.00% | 19,240 NS | July 31, 2026 | N-PORT |
| DFUS · Dimensional ETF Trust | 0.00% | 25,169 NS | July 31, 2026 | N-PORT |
| ITOT · iShares Trust | 0.00% | 82,101 SH | Sept. 11, 2026 | Daily |
| IWV · iShares Trust | 0.00% | 16,187 SH | Sept. 3, 2026 | Daily |
| DFAC · Dimensional ETF Trust | 0.00% | 42,563 NS | July 31, 2026 | N-PORT |
| VTI · VANGUARD INDEX FUNDS | 0.00% | 2,642,312 SH | Aug. 19, 2026 | Daily |
| VTHR · VANGUARD SCOTTSDALE FUNDS | 0.00% | 4,960 SH | Aug. 19, 2026 | Daily |
| IWN · iShares Trust | · | 622,007 SH | Sept. 11, 2026 | Daily |
ASPN Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
rating · 12 analysts
BUY
Median target
$7.75
+36.2%
2 16.7%
Strong Buy
7 58.3%
Buy
2 16.7%
Hold
1 8.3%
Sell
0 0.0%
Strong Sell
12-Month Price Target
5 analysts · 2026-10-01Mean target $7.75 +36.2%
Now
Current price $5.69
Low$5.00
Mean$7.75
High$10.00
Peer comparison (GICS sub-industry) Key metrics vs sector peers
FY basis, prices as of each company's last fiscal year-end close.
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| ASPN | $234M | -0.6 | -40.1% | -143.7% | -143.1% | 17.0% |
| MTX | $1.89B | -103.3 | -2.2% | -0.89% | -1.1% | 25.0% |
| SCL | · | 23.1 | 7.0% | 2.0% | 3.8% | 11.6% |
| FTK | $519M | 20.5 | 26.9% | 12.9% | 33.0% | 25.2% |
| ECVT | $1.09B | -16.0 | 20.9% | -9.8% | -11.0% | 21.9% |
| RYAM | $395M | -0.9 | -10.1% | -28.7% | -127.7% | 8.1% |
| VHI | $357M | -6.0 | -1.3% | -2.8% | -5.6% | 14.2% |
| ASPI | · | -2.5 | 475.5% | · | · | · |
| ALTO | $223M | 18.0 | -4.9% | 1.5% | 5.9% | 3.8% |
| ACNT | $152M | 179.9 | -7.2% | 1.2% | 0.98% | 23.0% |
| ARQ | $140M | -2.6 | 10.4% | -43.7% | -27.4% | · |
My Metrics Your personal watchlist — selected rows from Full Fundamentals
Pick the metrics that matter to you — click the + next to any row in Full Fundamentals above.
Your selection is saved and follows you across all tickers.
Source: SEC 10-Q filed Aug 7, 2026