Advanced Energy Industries Inc income statement
In fiscal 2025, Advanced Energy Industries Inc reported revenue of $1.80bn, up 21.4% on the year before, operating income of $168m (a 9.3% margin) and net income of $148m, or $3.84 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 162 | 459 | 338 | 323 | 169 | 231 | 268 | 327 | 453 | 719 | 789 | 1,416 | 1,456 | 1,845 | 1,656 | 1,482 | 1,799 | 2,271 |
| Cost of revenue | 112 | 260 | 312 | 284 | 154 | 179 | 198 | 231 | 315 | 353 | 473 | 874 | 924 | 1,170 | 1,063 | 953 | 1,121 | 1,356 |
| Gross profit | 50 | 199 | 205 | 168 | 146 | 188 | 217 | 253 | 356 | 366 | 316 | 542 | 532 | 676 | 592 | 529 | 677 | 915 |
| Research and development | 41 | 57 | 65 | 58 | 35 | 37 | 40 | 44 | 58 | 76 | 102 | 144 | 162 | 191 | 202 | 212 | 232 | 255 |
| Selling, general and administrative | 38 | 75 | 80 | 69 | 57 | 59 | 66 | 78 | 93 | 108 | 143 | 189 | 192 | 218 | 221 | 225 | 242 | 269 |
| Operating income | −97 | 65 | 49 | 27 | 48 | 86 | 107 | 127 | 201 | 172 | 54 | 176 | 152 | 233 | 114 | 37 | 168 | 363 |
| Interest expense | — | — | — | — | 0 | — | — | — | 0 | 0 | 3 | 5 | 4 | 7 | 17 | 25 | 17 | 15 |
| Income before tax | −95 | 67 | 50 | 30 | 48 | 86 | 105 | 128 | 198 | 172 | 67 | 158 | 149 | 242 | 123 | 52 | 169 | 346 |
| Income tax | 7 | 14 | 14 | 10 | −11 | 17 | 22 | 11 | 62 | 25 | 11 | 23 | 14 | 40 | −8 | −4 | 19 | 56 |
| Net income | −103 | 71 | 36 | 21 | 32 | 47 | −158 | 127 | 138 | 147 | 65 | 135 | 135 | 200 | 128 | 54 | 148 | 289 |
| Diluted EPS | −$2.45 | $1.64 | $0.83 | $0.52 | $0.79 | $1.14 | −$3.89 | $3.18 | $3.43 | $3.74 | $1.69 | $3.50 | $3.51 | $5.29 | $3.40 | $1.43 | $3.84 | $6.96 |
| Diluted shares (average) | 42m | 43m | 44m | 39m | 41m | 41m | 41m | 40m | 40m | 39m | 38m | 39m | 38m | 38m | 38m | 38m | 39m | 41m |
| EBITDA | −88 | 76 | 64 | 45 | 55 | 97 | 115 | 135 | 210 | 185 | 81 | 224 | 205 | 293 | 180 | 105 | 230 | 428 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 415 | 405 | 442 | 463 | 489 | 511 | 574 | 696 |
| Cost of revenue | 261 | 254 | 278 | 289 | 300 | 310 | 338 | 407 |
| Gross profit | 155 | 151 | 163 | 174 | 189 | 201 | 236 | 289 |
| Research and development | 56 | 54 | 59 | 59 | 60 | 62 | 65 | 67 |
| Selling, general and administrative | 58 | 59 | 60 | 60 | 63 | 62 | 69 | 74 |
| Operating income | 34 | 31 | 32 | 49 | 57 | 68 | 95 | 143 |
| Interest expense | 5 | 4 | 4 | 4 | 4 | 4 | 3 | 3 |
| Income before tax | 41 | 30 | 29 | 52 | 57 | 70 | 67 | 152 |
| Income tax | −9 | 5 | 4 | 6 | 5 | 3 | 12 | 36 |
| Net income | 49 | 25 | 25 | 46 | 52 | 67 | 54 | 116 |
| Diluted EPS | $1.29 | $0.65 | $0.67 | $1.20 | $1.32 | $1.58 | $1.28 | $2.79 |
| EBITDA | 51 | 47 | 47 | 64 | 72 | 84 | 112 | 160 |
Compare with peers
- Littelfuse Inc income statement
- Belden Inc. income statement
- Vishay Intertechnology Inc income statement
- TTM Technologies Inc income statement
- Methode Electronics Inc income statement
Head to head: AEIS vs LFUSAEIS vs BDCAEIS vs VSH
More: Electronic Components stocks compared, Technology sector, rankings of US companies