ASP Isotopes Inc. (ASPI) Financial Statements
Industry: Miscellaneous Chemical Products
In fiscal 2025, ASP Isotopes reported revenue of $23.8M, up 475.5% from $4.1M the year before. Net income was -$159.8M (a -670.2% net margin), or -$2.11 per diluted share. Gross margin was 14.3% and operating margin was -251.2%. Operating activities generated -$37.8M of cash, leaving -$47.4M of free cash flow. At fiscal year end, ASP Isotopes held $498.0M in total assets against $235.1M in total liabilities, including $285.6M of cash and equivalents.
Open the full interactive ASP Isotopes financials → Quarterly statements, key ratios, valuation history and price charts.
ASP Isotopes Key Stats
| Share Price | $2.28 |
|---|---|
| Market Cap | $279.8M |
| Revenue YoY Growth | +475.5% |
| 52-Week Range | $2.28 – $14.05 |
| Shares Outstanding | 122.7 million (basic, 2026 Q2) |
ASP Isotopes Income Statement
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Revenue | $0 | $433,026 | $4.1M | $23.8M |
| Cost of Goods Sold | — | $294,056 | $2.5M | $20.4M |
| Gross Profit | — | $138,970 | $1.6M | $3.4M |
| Operating Income | -$5.1M | -$16.0M | -$26.4M | -$59.9M |
| Pre-Tax Income | -$4.9M | -$16.3M | -$32.3M | -$159.6M |
| Income Tax | $0 | -$6,133 | $111,449 | $282,000 |
| Net Income | -$4.9M | -$16.3M | -$32.4M | -$159.8M |
| Diluted EPS | — | — | -$0.63 | -$2.11 |
ASP Isotopes Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $4.9M | $16.7M | $4.2M | $5.1M |
| Net Income | -$12.9M | -$63.3M | -$7.1M | -$34.0M |
| Diluted EPS | -$0.15 | -$0.76 | -$0.06 | -$0.27 |
ASP Isotopes Balance Sheet
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Cash & Equivalents | — | — | $61.9M | $285.6M |
| Current Assets | $3.3M | $10.5M | $65.7M | $399.9M |
| Total Assets | $12.5M | $27.5M | $94.3M | $498.0M |
| Current Liabilities | $1.9M | $5.7M | $7.1M | $32.7M |
| Total Long-Term Debt | $43,854 | $502,223 | $35.8M | $14.4M |
| Total Liabilities | $2.7M | $8.7M | $43.2M | $235.1M |
| Shareholders' Equity | $9.8M | $16.3M | $47.9M | $204.2M |
ASP Isotopes Cash Flow Statement
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Cash From Operations | -$2.9M | -$5.4M | -$16.7M | -$37.8M |
| Cash From Investing | -$4.5M | -$2.5M | -$11.4M | -$110.8M |
| Cash From Financing | $6.6M | $13.4M | $82.5M | $371.6M |
| Free Cash Flow | -$7.4M | -$7.7M | -$26.4M | -$47.4M |
Figures from ASP Isotopes' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full ASP Isotopes financials page for every line item.
ASP Isotopes Company Profile
| Ticker | ASPI |
|---|---|
| Exchange | Nasdaq |
| Industry | Miscellaneous Chemical Products |
| Headquarters | Dallas, Texas |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Emerging growth company |
| SEC CIK | 0001921865 |
Frequently Asked Questions
What was ASP Isotopes' revenue in fiscal 2025?
ASP Isotopes (ASPI) reported revenue of $23.8M for fiscal 2025.
What is ASP Isotopes' annual revenue history?
ASP Isotopes' annual revenue by fiscal year: 2022: $0; 2023: $433,026; 2024: $4.1M; 2025: $23.8M.
What was ASP Isotopes' net income in fiscal 2025?
ASP Isotopes reported net income of -$159.8M for fiscal 2025.
What was ASP Isotopes' earnings per share (EPS) in fiscal 2025?
ASP Isotopes' diluted EPS was -$2.11 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did ASP Isotopes generate in fiscal 2025?
ASP Isotopes generated -$47.4M of free cash flow in fiscal 2025.
What was ASP Isotopes' revenue last quarter?
In its most recent reported quarter (2026 Q2), ASP Isotopes reported revenue of $5.1M.
How much debt does ASP Isotopes have?
ASP Isotopes reported $14.4M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of ASP Isotopes are outstanding?
ASP Isotopes reported a weighted average of 122.7 million basic shares outstanding in 2026 Q2.
What is ASP Isotopes' market cap?
Based on its latest closing price, ASP Isotopes (ASPI) has a market capitalization of about $279.8M.
When does ASP Isotopes' fiscal year end?
ASP Isotopes' fiscal year end, as registered with the SEC, is December 31.
Where is ASP Isotopes headquartered?
ASP Isotopes lists its business address in Dallas, Texas in its SEC filings.