ASPN (Aspen Aerogels) Gross Margin %: 11.29% (As of Mar. 2026) — 33% Below Median


ASPN Aspen Aerogels Inc ASPN
66 GF Score
Price $5.73
GF Value $5.13
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Aspen Aerogels Gross Margin %?

Aspen Aerogels ASPN -2.88% 66 Gross Margin % is 11.29% as of Mar. 2026, which is 33% below its 10-year median of 16.85. GuruFocus rates ASPN with a GF Score™ of 66/100 and a GF Value™ of $5.13 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,723 Construction companies, Aspen Aerogels ranks worse than 74.46% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Aspen Aerogels's Gross Profit for the three months ended in Mar. 2026 was $4.3 Mil. Aspen Aerogels's Revenue for the three months ended in Mar. 2026 was $37.9 Mil. Therefore, Aspen Aerogels's Gross Margin % for the quarter that ended in Mar. 2026 was 11.29%.


The historical rank and industry rank for Aspen Aerogels's Gross Margin % or its related term are showing as below:

ASPN' s Gross Margin % Range Over the Past 10 Years
Min: 2.76   Med: 16.85   Max: 40.4
Current: 11.93


During the past 13 years, the highest Gross Margin % of Aspen Aerogels was 40.40%. The lowest was 2.76%. And the median was 16.85%.

ASPN's Gross Margin % is ranked worse than
74.46% of 1723 companies
in the Construction industry
Industry Median: 20.7 vs ASPN: 11.93

Aspen Aerogels had a gross margin of 11.29% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Aspen Aerogels was 24.70% per year.


Aspen Aerogels  (NYSE:ASPN) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Aspen Aerogels had a gross margin of 11.29% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Aspen Aerogels Gross Margin % Related Terms


Aspen Aerogels Gross Margin % Historical Data

* Premium members only.

The historical data trend for Aspen Aerogels's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Aspen Aerogels Gross Margin % Chart

Aspen Aerogels Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.17 2.76 23.84 40.40 16.97

Aspen Aerogels Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.98 32.45 28.49 -55.47 11.29

ASPN vs SWIM, JLHL, JBI: Gross Margin % Comparison

For the Building Products & Equipment subindustry, Aspen Aerogels's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Aspen Aerogels Gross Margin % vs Construction Industry

For the Construction industry and Industrials sector, Aspen Aerogels's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Aspen Aerogels's Gross Margin % falls into.


ASPN
66GF Score
Aspen Aerogels Inc ASPN
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aspen Aerogels Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Aspen Aerogels's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=46 / 271.103
=(Revenue - Cost of Goods Sold) / Revenue
=(271.103 - 225.105) / 271.103
=16.97 %

Aspen Aerogels's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=4.3 / 37.884
=(Revenue - Cost of Goods Sold) / Revenue
=(37.884 - 33.608) / 37.884
=11.29 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 11.29% mean?
Aspen Aerogels (ASPN) has a Gross Margin % of 11.29% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Aspen Aerogels and its competitors. This is 33% below median its historical median of 16.85. Over the past decade, Aspen Aerogels' Gross Margin % has ranged from 2.76 to 40.40. According to the industry distribution chart, Aspen Aerogels ranks #1283 out of 1723 companies in the Construction industry, placing it in the top 74.5%.
Is Aspen Aerogels' Gross Margin % too high?
Aspen Aerogels' current Gross Margin % of 11.29% is 33% below median its 10-year median of 16.85. Over the past 10 years, this metric has ranged from a low of 2.76 to a high of 40.40. The Construction industry median Gross Margin % is 20.70. Aspen Aerogels' value of 11.29% is 45.5% below this industry median. Based on the distribution chart, Aspen Aerogels ranks #1283 out of 1723 companies in the Construction industry, which is below the industry midpoint. Overall, Aspen Aerogels has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aspen Aerogels' Gross Margin % compare to SWIM and JLHL?
According to the Construction industry distribution chart, Aspen Aerogels ranks #1283 out of 1723 companies for Gross Margin %. This places Aspen Aerogels in the lower half of its industry. The industry median Gross Margin % is 20.70. Aspen Aerogels' value of 11.29% is 45.5% below this benchmark. Historically, Aspen Aerogels' own Gross Margin % has ranged from 2.76 to 40.40 over the past decade. While the company's 10-year median is 16.85 vs. the industry median of 20.70, Aspen Aerogels has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Construction company?
The median Gross Margin % among Construction companies is 20.70, based on 1,723 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aspen Aerogels's current Gross Margin % of 11.29% is 45.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Aspen Aerogels and its competitors. For the Construction industry, the median Gross Margin % is 20.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aspen Aerogels's current Gross Margin % is 11.29%, which is 33% below median its own 10-year median of 16.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aspen Aerogels stock overvalued right now?
Based on GuruFocus' analysis, Aspen Aerogels (ASPN) is currently considered Modestly Overvalued. The stock's GF Value™ is $5.13, compared to a current price of $5.73 — trading 11.7% above its estimated fair value. The current Gross Margin % is 11.29%, which is 33% below median its 10-year median of 16.85 and 45.5% below the Construction industry median of 20.70. Aspen Aerogels' overall GF Score™ is 66/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Aspen Aerogels (ASPN), the current Gross Margin % is 11.29% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Aspen Aerogels (ASPN) Overvalued in 2026?

Based on GuruFocus' analysis, Aspen Aerogels stock appears to be overvalued. The current stock price of $5.73 is trading 11.7% above its estimated GF Value™ of $5.13. GuruFocus considers Aspen Aerogels to be Modestly Overvalued.

Key valuation signals for ASPN:

  • Gross Margin %: 11.29% (33% below median its 10-year median of 16.85)
  • GF Value™: $5.13 vs. price of $5.73 (11.7% above fair value)
  • GF Score™: 66/100 with 6 warning signs
  • Industry Position: 45.5% below the Construction median (#1283 of 1723)

No single metric tells the full story. See the ASPN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aspen Aerogels Business Description

Address 30 Forbes Road, Building B, Northborough, MA, USA, 01532
Aspen Aerogels Inc is an aerogel technology company that designs, develops, and manufactures high-performance aerogel insulation used in the energy industrial and sustainable insulation markets. The company also conducts research and development related to aerogel technology, supported by funding from several agencies of the United States of America government and other institutions in the form of research and development contracts. It is engaged in two operating segment Energy Industrial and Thermal Barrier. Geographically, it operates in the U.S. and also has a presence in other International countries. It generates the majority of its revenue from the Thermal Barrier segment and the United States market. Some of its products include Pyrogel XTE, Cryogel Z, Spaceloft Subsea, and others.
66GF Score

Get the complete analysis for ASPN

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.73
Price
$5.13
GF Value