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ASP Isotopes Inc. (ASPI)

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ASP Isotopes Inc. (ASPI) reported revenue of $5 million for Q2 FY2026, the quarter ended 30 June 2026, up 327.5% on the same quarter a year earlier. Net income was -$34 million, and diluted earnings per share $-0.27. The figures are the company's own, from the 10-Q it filed with the SEC on 14 August 2026.

Revenue$5 millionup 327.5%
Net income-$34 million
Diluted EPS$-0.27
QuarterQ2 FY2026ended 30 June 2026

ASP Isotopes (ASPI) in brief

ASP Isotopes (ASPI) reported revenue of $24 million for fiscal 2025, the year ended 31 December 2025, up 475.5% on the year before.
Read moreNet loss was $160 million and the diluted loss per share $2.11. Revenue was $4 million in fiscal 2024, $0 million in fiscal 2023 and $0 million in fiscal 2022. Net income in the same years was a loss of $32 million, a loss of $16 million and a loss of $5 million. Over the twelve months to 30 June 2026, ASP Isotopes reported revenue of $31 million and net loss of $117 million. ASP Isotopes had 130 million shares outstanding at the latest filed count. At 30 June 2026 it carried $263 million of debt and $220 million of cash. At the close of 30 October 2026 the market cap of ASP Isotopes was $263 million.

Ratios

From the filings

ROE-44.3%
ROCE-18.8%
Operating margin-321.1%
Net margin-380.3%
FCF margin-270.9%
Interest cover-25.34
Debt to equity0.99
Cash conversionn/a
Share count, last 12 months55.1%
Sales CAGR, 3 yearsn/a
Profit CAGR, 3 yearsn/a
EPS, TTM-$1.29

At the close of 30 October 2026

Price$2.02
Market cap$263 million
Stock P/En/a
Price to book0.99
EV / EBITDAn/a
Dividend yieldn/a
Market cap / sales8.52
52-week high$10.76
52-week low$1.94
Price, 1 year-81.2%
Price CAGR, 3 years22.1%
Price CAGR, 5 yearsn/a
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest price, the last regular-hours trade on IEX. Debt to equity here stands on the borrowing lines of ASP Isotopes Inc.'s balance sheet, added together, finance leases inside them only where the company puts them there; operating leases are a separate line. Nothing here is a valuation or a view.
ASPIgreeksoup.ai
Daily prices to 30 October 2026, adjusted for splits; from 28 September 2026 each day's price is the last regular-hours trade on IEX.
Read moreData provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. Day by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on ASPI

Dividends$2.8 million paid in cash dividends in FY2024
Filings61 in twelve months: 49 current reports (8-K), about 36 regulation FD disclosure; 7 other events; 6 material agreement; 4 unregistered sale of equity; 2 new financial obligation
Planned insider sales21 Form 144 notices in twelve months, $7.9 million; latest 16 October 2026
Options tapeput/call 0.21 by open interest at the 30 October 2026 close; the straddle prices a 12.0% move to 6 November 2026
13F holders187 funds reported a position for the quarter to 30 June 2026; largest BlackRock, Inc.
Insider trading30 sales and 2 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest29.0 million shares short, 5.83 days to cover at 15 October 2026
Documentsthe 10-K, the 10-Qs, the proxy and 1 earnings press release, each linked

Quarterly results, the last 14 quarters

Q1 FY2023Q2 FY2023Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025 †Q2 FY2025 †Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue0.00.00.00.40.81.01.11.21.11.24.916.74.25.1
Cost of revenue0.00.00.00.30.60.60.80.60.80.64.514.62.53.6
Gross profit0.00.00.00.10.30.40.30.60.30.60.42.11.71.5
Gross marginn/an/an/a32%33%41%27%51%30%48%9%13%40%29%
R&D0.20.30.20.10.20.51.01.41.50.93.16.85.36.8
SG&An/an/an/an/a0.5n/an/an/an/an/an/an/an/an/a
Operating income-3.7-4.3-3.9-4.0-5.8-7.5-5.4-7.6-8.0-12.0-15.0-25.0-24.9-34.2
Operating marginn/an/an/a-929%-692%-729%-500%-641%-722%-999%-306%-150%-595%-667%
Interest expense0.00.00.00.10.00.10.10.10.10.10.10.31.71.8
Pre-tax income-3.6-4.3-4.2-4.2-7.0-8.9-7.4-9.1-8.5-75.1-12.8-63.1-26.7-34.1
Net income-3.6-4.3-4.2-4.2-7.0-8.9-7.4-9.2-8.5-75.2-12.9-63.3-7.1-34.0
Net marginn/an/an/a-963%-829%-869%-676%-772%-768%-6272%-264%-380%-170%-664%
Diluted EPS-$0.12 basic-$0.14 basic-$0.14-$0.09-$0.16-$0.24-$0.12n/a-$0.12-$1.03-$0.15-$0.81-$0.06-$0.27
Operating cash flow-1.4-1.3-0.7-2.1-3.0-5.1-4.8-3.8-3.2-7.9-8.9-17.9-17.8-23.3
Capital expenditure0.40.10.71.11.22.64.51.32.31.83.12.46.14.1
Free cash flow-1.8-1.4-1.3-3.2-4.2-7.7-9.3-5.1-5.5-9.7-12.0-20.2-23.9-27.4
Dividends paid0.00.00.00.0n/a2.80.0n/a0.00.00.00.0n/an/a
Shares outstanding37m37m38m49m49m52m68m72m72m84m93m112m126m130m
Filing10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A blank figure marked on a quarter is one the filings do not give on their own: the quarters as filed do not add to the year the company filed, or the year and its quarters stand on different share counts. Each quarter's page says which. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 4 fiscal years and the trailing twelve months

FY2022FY2023FY2024 †FY2025TTM
Revenue0.00.44.123.830.9
Cost of revenue0.00.32.520.425.2
Gross profit0.00.11.63.45.7
Gross marginn/a32.1%38.6%14.3%18.3%
Research and development1.30.83.112.422.0
Operating income-5.1-16.0-26.4-59.9-99.1
Operating marginn/a-3704.6%-635.9%-251.2%-321.1%
Interest expense0.00.10.30.63.9
Pre-tax income-4.9-16.3-32.3-160-137
Income tax0.0-0.00.10.30.1
Net income-4.9-16.3-32.4-160-117
Net marginn/a-3762.9%-782.4%-670.2%-380.3%
Diluted EPS-$0.18 basic-$0.49-$0.63-$2.11-$1.29
Filing10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Revenue by product or service FY2024 to FY2025

FY2024FY2025Share
of the parts, latest year
Construction Services Revenue0.018.276.2%
Product Revenue3.95.723.8%
Collaboration Revenue0.20.0n/a
Construction Services RevenueProduct RevenueCollaboration Revenue
4.1FY202423.8FY2025

$ million; hover a block for its figure and share

From the company's 10-Ks, in its own words (latest 10-K).
Read moreEach year's figures come from the most recent 10-K that includes that year. A year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Revenue by region FY2024 to FY2025

FY2024FY2025Share
of the parts, latest year
Hong Kong0.018.276.2%
ZA4.14.820.2%
United States0.00.93.6%
Hong KongZAUnited States
4.1FY202423.8FY2025

$ million; hover a block for its figure and share

From the company's 10-Ks, in its own words (latest 10-K).
Read moreEach year's figures come from the most recent 10-K that includes that year. A year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Cash flow and capital returned

FY2022FY2023FY2024 †FY2025TTM
Operating cash flow-2.9-5.4-16.7-37.8-67.8
Capital expenditure4.52.39.79.715.8
Free cash flow-7.4-7.7-26.4-47.4-83.6
Free cash flow marginn/a-1788.3%-636.3%-198.9%-270.9%
Cash from investing-4.5-2.5-11.4-111-134
Cash from financing6.613.482.5372361
Depreciation and amortisationn/an/a0.51.95.5
Share-based compensation2.08.78.616.018.7
Dividends paidn/a0.02.80.0n/a
Diluted shares, weighted27m33m56m83m123m
Shares outstanding at period end36m49m72m112m130m
Filing10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2022FY2023FY2024 †FY2025TTM
Funded by
Shareholders' equity9.816.347.9204265
Non-controlling interest0.02.53.358.710.1
Debt0.00.035.8214263
Operating lease liabilities0.71.10.71.14.9
Finance lease liabilities0.00.20.60.50.4
Other liabilities1.97.46.119.928.8
Total liabilities and equity12.527.594.3498572
Owned
Fixed assets8.210.722.433.542.1
Goodwill0.03.33.28.66.5
Intangible assetsn/an/an/a1.50.6
Investmentsn/an/a0.047.735.3
Cash and equivalents2.47.961.9286220
Receivablesn/a0.2n/an/an/a
Inventoryn/a0.00.11.11.5
Other assets1.95.46.9120266
Total assets12.527.594.3498572
Filing10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compoundedn/an/an/a573.4%
Profit growth, compoundedn/an/an/an/a
Return on equity, averagen/a-74.1%-82.0%-78.3%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Questions

What was ASP Isotopes' revenue in fiscal 2025?

ASP Isotopes (ASPI) reported revenue of $24 million for fiscal 2025, the year ended 31 December 2025, up 475.5% on the year before.

How much did ASP Isotopes earn in fiscal 2025?

Net loss was $160 million for fiscal 2025, and the diluted loss per share $2.11.

What is ASP Isotopes' market cap?

The market cap of ASP Isotopes was $263 million at the close of 30 October 2026.

How much debt does ASP Isotopes have?

At 30 June 2026 ASP Isotopes carried $263 million of debt and $220 million of cash.

Peers: Chemicals

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Element Solutions Inc. ESI$8.3 billion40.297.1%11.7%39.6%0.720.9%
Cabot Corp. CBT$3.8 billion20.9111.8%13.6%-4.7%0.792.4%
WD-40 Co. WDFC$3.0 billion36.3030.2%15.8%11.0%0.321.8%
Flotek Industries Inc. FTK$918 million25.6029.4%12.8%36.8%0.39n/a
NLI Holdings, Inc. NL$347 millionn/a-7.0%9.2%6.0%0.008.0%
Orion S.A. OEC$316 millionn/a-25.3%-0.2%-1.0%2.651.8%
Gevo, Inc. GEVO$312 millionn/a-77.9%-102.8%121.4%0.61n/a
Alto Ingredients, Inc. ALTO$283 million5.4520.0%3.8%1.1%0.25n/a
ASP Isotopes Inc. ASPI$263 millionn/a-44.3%-321.1%573.4%0.99n/a
FutureFuel Corp. FF$249 millionn/a-20.0%-20.8%-7.6%0.00n/a
Flexible Solutions International Inc. FSI$79 millionn/a-8.4%-2.6%-4.7%0.16n/a
Arq, Inc. ARQ$76 millionn/a-31.2%-43.0%4.9%0.18n/a
All 63 in Chemicals
CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Linde plc LIN$236.1 billion34.1317.8%25.3%8.2%0.681.2%
Air Products & Chemicals, Inc. APD$70.4 billionn/a-0.3%-4.7%4.5%1.272.3%
Nutrien Ltd. NTR *$33.5 billion14.909.0%13.9%3.5%0.423.2%
PPG Industries Inc. PPG$26.4 billion17.0818.5%n/a6.4%0.812.4%
Dow Inc. DOW$25.1 billionn/a-5.5%n/a4.2%1.096.1%
International Flavors & Fragrances Inc. IFF$23.7 billionn/an/a7.6%-11.7%0.411.7%
LyondellBasell Industries N.V. LYB$22.2 billionn/an/an/an/a1.105.0%
DuPont de Nemours, Inc. DD$18.9 billion311.110.4%n/a3.3%0.232.2%
CF Industries Holdings, Inc. CF$18.7 billion9.1436.5%41.1%20.0%0.561.6%
RPM International Inc. RPM$13.1 billion18.9719.8%n/a6.0%0.69n/a
Albemarle Corp. ALB$10.7 billion337.002.2%4.3%18.3%0.181.8%
Solstice Advanced Materials Inc. SOLS$9.6 billionn/a13.2%n/an/a1.46n/a
Westlake Corp. WLK$8.7 billionn/a-14.2%-11.0%-4.0%0.583.1%
Element Solutions Inc. ESI$8.3 billion40.297.1%11.7%39.6%0.720.9%
Eastman Chemical Co. EMN$7.6 billion11.8110.3%n/a0.3%0.835.1%
Axalta Coating Systems Ltd. AXTA$7.3 billion21.9712.7%12.4%0.1%1.14n/a
Newmarket Corp. NEU$7.2 billion15.8923.7%20.2%0.9%0.431.5%
Hexcel Corp. HXL$5.9 billion34.9012.9%12.2%7.6%0.710.9%
Mosaic Co. MOS$5.8 billionn/a-5.6%-1.4%8.8%0.544.8%
Balchem Corp. BCPC$5.4 billion32.0312.9%20.7%9.4%0.110.6%
Celanese Corp. CE$5.4 billionn/a-28.2%n/a-2.3%2.880.2%
Sensient Technologies Corp. SXT$5.0 billion29.6413.2%14.5%9.5%0.611.4%
CSW Industrials, Inc. CSW$4.7 billion36.7211.4%16.9%30.0%0.680.4%
Perimeter Solutions, Inc. PRM$4.6 billionn/a-33.2%-50.6%24.2%1.18n/a
Avient Corp. AVNT$3.9 billion23.157.0%9.5%2.4%0.772.6%
Cabot Corp. CBT$3.8 billion20.9111.8%13.6%-4.7%0.792.4%
Scotts Miracle-Gro Co. SMG$3.6 billion54.12n/a11.8%-2.0%n/a4.2%
WD-40 Co. WDFC$3.0 billion36.3030.2%15.8%11.0%0.321.8%
H.B. Fuller Co. FUL$2.7 billion13.849.1%n/a1.5%0.951.9%
Ingevity Corp. NGVT$2.6 billionn/an/an/an/a25.59n/a
Innospec Inc. IOSP$2.5 billion20.419.0%7.0%2.9%0.001.7%
Rogers Corp. ROG$2.4 billion52.603.7%7.9%6.7%0.00n/a
Chemours Co. CC$2.0 billionn/an/a-1.9%-0.9%n/a2.6%
Olin Corp. OLN$2.0 billionn/a-13.1%-1.9%-0.7%1.754.5%
Minerals Technologies Inc. MTX$1.9 billionn/a-4.3%-1.6%4.8%0.610.8%
Huntsman Corp. HUN$1.7 billionn/a-6.7%-0.5%0.6%0.785.3%
CVR Partners, LP UAN$1.3 billion8.37n/a28.1%17.5%n/an/a
REX American Resources Corp. REX$1.3 billion10.7517.9%n/a1.3%0.00n/a
Ecovyst Inc. ECVT$1.1 billionn/a-10.4%9.4%39.8%0.84n/a
Green Plains Inc. GPRE$990 million8.8814.2%7.4%-23.7%0.56n/a
FMC Corp. FMC$964 millionn/an/a-97.0%-22.0%n/a29.4%
Flotek Industries Inc. FTK$918 million25.6029.4%12.8%36.8%0.39n/a
Kronos Worldwide Inc. KRO$863 millionn/a-14.6%-1.7%2.7%0.762.7%
LSB Industries, Inc. LXU$830 million18.598.2%11.2%13.0%0.79n/a
Westlake Chemical Partners LP WLKP$757 millionn/an/a28.8%12.1%n/an/a
PureCycle Technologies, Inc. PCT$676 millionn/a-1,437.3%-1,316.8%326.1%7.93n/a
Tronox Holdings plc TROX$575 millionn/a-47.3%-7.2%3.7%2.789.7%
Luxfer Holdings plc LXFR$461 millionn/an/an/an/a0.26n/a
AdvanSix Inc. ASIX$414 millionn/a-2.2%n/a3.0%0.354.2%
Valhi Inc. VHI$400 millionn/a-4.9%3.6%3.4%0.562.3%
NLI Holdings, Inc. NL$347 millionn/a-7.0%9.2%6.0%0.008.0%
Orion S.A. OEC$316 millionn/a-25.3%-0.2%-1.0%2.651.8%
Gevo, Inc. GEVO$312 millionn/a-77.9%-102.8%121.4%0.61n/a
Alto Ingredients, Inc. ALTO$283 million5.4520.0%3.8%1.1%0.25n/a
ASP Isotopes Inc. ASPI$263 millionn/a-44.3%-321.1%573.4%0.99n/a
FutureFuel Corp. FF$249 millionn/a-20.0%-20.8%-7.6%0.00n/a
Lightbridge Corp. LTBR$191 millionn/an/an/an/a0.00n/a
Ascent Industries Co. ACNT$126 millionn/an/an/an/a0.010.0%
Codexis, Inc. CDXS$110 millionn/a-93.2%-35.6%35.9%1.24n/a
Comstock Inc. LODE$107 millionn/a-44.4%-5,846.1%-69.1%0.08n/a
Aemetis, Inc. AMTX$91 millionn/an/a-5.3%-1.7%n/an/a
Flexible Solutions International Inc. FSI$79 millionn/a-8.4%-2.6%-4.7%0.16n/a
Arq, Inc. ARQ$76 millionn/a-31.2%-43.0%4.9%0.18n/a
7 companies share its SEC industry code (Miscellaneous Chemical Products); the rest are the names nearest in size in its wider industry, Chemicals, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-Q30 June 202614 August 2026EDGAR
10-Q31 March 202620 May 2026EDGAR
10-K/A31 December 202530 April 2026EDGAR
10-K31 December 202510 April 2026EDGAR
10-Q30 September 202519 November 2025EDGAR
10-Q30 June 202514 August 2025EDGAR
10-Q31 March 202520 May 2025EDGAR
10-K/A31 December 202430 April 2025EDGAR
10-K31 December 202431 March 2025EDGAR
10-Q30 September 202419 November 2024EDGAR