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Aspen Aerogels vs Olenox Industries: revenue, profit, margins and growth compared

Aspen Aerogels brought in $271.1M of revenue in fiscal 2025, Olenox Industries $3M in fiscal 2025. Revenue changed by -40.1% at Aspen Aerogels and -40.7% at Olenox Industries on the year before, so Aspen Aerogels grew faster. Aspen Aerogels kept -143.7% of its revenue as net profit, Olenox Industries -637.4%.

Side by side, latest fiscal year

ASPNOLOX
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$271.1M$3M
Revenue growth-40.1%-40.7%
Net income-$389.6M-$18.8M
Net margin-143.7%-637.4%
Free cash flow-$4.6Mn/a
Free cash flow margin-1.7%n/a
Earnings per share (diluted)-$4.73-$165.22
Cash$156.9M$427.9K
Debt$65.5M$9.7M
Price to earningsn/an/a
Market value$433.2M$1.2M
Dividend yieldn/an/a
Rank by revenue in sector#642 of 955 · Consumer discretionary#920 of 955 · Consumer discretionary

Over the years

Revenue
ASPN FY2018: $104.4MASPN FY2019: $139.4MASPN FY2020: $100.3MASPN FY2021: $121.6MASPN FY2022: $180.4MASPN FY2023: $238.7MASPN FY2024: $452.7MASPN FY2025: $271.1MOLOX FY2018: $8.2MOLOX FY2020: $3MOLOX FY2020: $8.8MOLOX FY2021: $38.3MOLOX FY2022: $24.4MOLOX FY2023: $16.5MOLOX FY2024: $5MOLOX FY2025: $3MFY18FY19FY20FY21FY22FY23FY24FY25
ASPN $271.1MOLOX $3M
Net income
ASPN FY2018: -$34.4MASPN FY2019: -$14.6MASPN FY2020: -$21.8MASPN FY2021: -$37.1MASPN FY2022: -$82.7MASPN FY2023: -$45.8MASPN FY2024: $13.4MASPN FY2025: -$389.6MOLOX FY2018: -$4.8MOLOX FY2020: -$6.9MOLOX FY2020: -$4.7MOLOX FY2021: -$10.8MOLOX FY2022: -$8.3MOLOX FY2023: -$26.3MOLOX FY2024: -$17MOLOX FY2025: -$18.8MFY18FY19FY20FY21FY22FY23FY24FY25
ASPN -$389.6MOLOX -$18.8M
Net margin
ASPN FY2018: -33.0%ASPN FY2019: -10.5%ASPN FY2020: -21.7%ASPN FY2021: -30.5%ASPN FY2022: -45.9%ASPN FY2023: -19.2%ASPN FY2024: 3.0%ASPN FY2025: -143.7%OLOX FY2018: -59.1%OLOX FY2020: -231.9%OLOX FY2020: -53.6%OLOX FY2021: -28.3%OLOX FY2022: -34.1%OLOX FY2023: -159.1%OLOX FY2024: -341.2%OLOX FY2025: -637.4%FY18FY19FY20FY21FY22FY23FY24FY25
ASPN -143.7%OLOX -637.4%
Revenue growth
ASPN FY2019: +33.6%ASPN FY2020: -28.1%ASPN FY2021: +21.3%ASPN FY2022: +48.3%ASPN FY2023: +32.4%ASPN FY2024: +89.6%ASPN FY2025: -40.1%OLOX FY2020: -63.6%OLOX FY2020: +193.3%OLOX FY2021: +337.9%OLOX FY2022: -36.4%OLOX FY2023: -32.3%OLOX FY2024: -69.9%OLOX FY2025: -40.7%FY19FY20FY21FY22FY23FY24FY25
ASPN -40.1%OLOX -40.7%
Free cash flow
ASPN FY2018: -$12.2MASPN FY2019: -$3.2MASPN FY2020: -$13.3MASPN FY2021: -$32.4MASPN FY2022: -$272.4MASPN FY2023: -$218.1MASPN FY2024: -$40.7MASPN FY2025: -$4.6MOLOX FY2018: -$3.5MOLOX FY2020: -$2.8MOLOX FY2020: -$4.5MOLOX FY2021: -$5.5MOLOX FY2022: -$8.4MOLOX FY2023: -$7.7MOLOX FY2024: -$9.4MFY18FY19FY20FY21FY22FY23FY24FY25
ASPN -$4.6MOLOX -$9.4M

Fiscal years as each company reports them; the two may end in different months.

Questions about Aspen Aerogels and Olenox Industries

Which is bigger by revenue, Aspen Aerogels or Olenox Industries?

Aspen Aerogels is bigger by revenue: $271.1M in fiscal 2025, against $3M for Olenox Industries in fiscal 2025.

Which keeps more of its revenue as profit, Aspen Aerogels or Olenox Industries?

Aspen Aerogels had a net margin of -143.7% in fiscal 2025; Olenox Industries had -637.4% in fiscal 2025.

Which grew revenue faster, Aspen Aerogels or Olenox Industries?

In their latest fiscal years revenue changed by -40.1% at Aspen Aerogels and -40.7% at Olenox Industries.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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