AES Corporation income statement

In fiscal 2025, AES Corporation reported revenue of $12.23bn, down 0.4% on the year before and net income of $910m, or $1.26 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

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

AES Corporation: income statement, annual
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	LTMJun 2026
Revenue	13.1	15.4	16.1	17.2	15.9	16.1	11.3	10.3	10.5	10.7	10.2	9.7	11.1	12.6	12.7	12.3	12.2	13.1
Cost of revenue	—	—	—	—	—	—	—	7.9	8.1	8.2	7.8	7.0	8.4	10.1	10.2	10.0	10.0	10.4
Gross profit	3.4	3.8	4.0	3.6	3.2	3.0	2.7	2.4	2.5	2.6	2.3	2.7	2.7	2.5	2.5	2.3	2.2	2.6
General and administrative	0.3	0.4	0.3	0.3	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.3	0.3	0.2	0.2
Interest expense	1.5	1.4	1.5	1.5	1.5	1.5	1.1	1.1	1.2	1.1	1.1	1.0	0.9	1.1	1.3	1.5	1.4	1.4
Income before tax	2.3	1.9	2.3	0.2	1.0	0.6	0.5	−0.4	−0.5	−0.5	−0.3	−0.2	0.6	0.1	0.1	0.9	0.1	0.7
Income tax	0.6	0.6	0.7	0.7	0.3	0.4	0.4	0.0	1.0	0.7	0.4	0.2	−0.1	0.3	0.3	0.1	−0.2	−0.4
Net income	0.7	0.0	0.1	−0.9	0.1	0.8	0.3	−1.1	−1.2	1.2	0.3	0.0	−0.4	−0.5	0.2	1.7	0.9	1.9
Diluted EPS	$0.98	$0.01	$0.07	−$1.21	$0.15	$1.06	$0.44	−$1.72	−$1.76	$1.81	$0.45	$0.07	−$0.61	−$0.82	$0.35	$2.36	$1.26	$2.62
Diluted shares (average)	670m	774m	783m	755m	748m	724m	689m	660m	660m	665m	667m	668m	666m	668m	712m	713m	714m	715m

US$ millions unless shown otherwise. Fiscal quarters.

AES Corporation: income statement, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Revenue	3,289	2,962	2,926	2,855	3,351	3,101	3,180	3,422
Cost of revenue	2,567	2,542	2,485	2,402	2,616	2,519	2,540	2,730
Gross profit	722	420	441	453	735	582	640	692
General and administrative	57	90	77	49	46	69	55	62
Interest expense	379	360	342	352	348	365	353	368
Income before tax	334	168	−22	39	327	−269	242	449
Income tax	103	7	17	167	−226	−139	−41	28
Net income	504	467	46	−95	639	320	487	426
Diluted EPS	$0.71	$0.66	$0.07	−$0.15	$0.89	$0.45	$0.68	$0.60

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from AES Corporation's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to AES Corporation.