Advanced Energy Industries, Inc. (AEIS)

AEIS Income Statement

Revenue, expenses, and profitability analysis

AEIS Quarterly Income Statement (USD)

Quarterly Report	TTM	03/31/2026	12/31/2025	09/30/2025	06/30/2025	03/31/2025	12/31/2024	09/30/2024	06/30/2024
Revenue	1.905B	511.000M	489.400M	463.300M	441.500M	404.600M	415.403M	374.217M	364.900M
Cost of Goods Sold	1.168B	310.100M	296.400M	283.400M	278.100M	254.100M	260.698M	240.149M	237.200M
Gross Profit	737.200M	200.900M	193.000M	179.900M	163.400M	150.500M	154.705M	134.068M	127.700M
Gross Profit Margin	39.3%	39.3%	39.4%	38.8%	37.0%	37.2%	37.2%	35.8%	35.0%
Total Operating Expenses	521.400M	130.000M	128.900M	130.700M	131.800M	119.900M	120.695M	145.116M	114.800M
Research & Development	240.600M	62.400M	60.100M	59.100M	59.000M	54.200M	56.102M	53.561M	52.300M
Selling, General & Administrative	245.800M	62.300M	63.400M	59.900M	60.200M	59.000M	58.164M	56.237M	55.100M
Operating Income (EBIT)	215.800M	70.900M	64.100M	49.200M	31.600M	30.600M	34.010M	-11.048M	12.900M
Operating Margin	13.9%	13.9%	13.1%	10.6%	7.2%	7.6%	8.2%	-3.0%	3.5%
Income Before Tax (EBT)	208.800M	70.000M	57.200M	52.300M	29.300M	29.900M	40.581M	-14.547M	18.600M
Interest Income	25.500M	5.800M	6.500M	6.600M	6.600M	6.900M	7.078M	11.018M	12.100M
Interest Expense	15.300M	3.600M	4.100M	4.200M	3.400M	3.500M	4.644M	6.378M	6.100M
Other Income/Expense	-7.000M	-900K	-6.900M	3.100M	-2.300M	-700K	6.571M	-3.499M	5.700M
Net Income	190.500M	66.800M	52.300M	46.200M	25.200M	24.700M	48.874M	-14.905M	14.800M
Income Tax Expense	17.100M	2.700M	4.700M	5.900M	3.800M	5.000M	-8.481M	-400K	3.200M
Net Profit Margin	13.1%	13.1%	10.7%	10.0%	5.7%	6.1%	11.8%	-4.0%	4.1%
EBITDA	266.400M	89.400M	61.300M	67.400M	48.300M	49.500M	61.856M	9.755M	41.600M
EBITDA Margin	17.5%	17.5%	12.5%	14.5%	10.9%	12.2%	14.9%	2.6%	11.4%
Depreciation & Amortization	46.500M	15.800M	0.00	15.100M	15.600M	16.100M	16.631M	17.924M	16.900M
EPS Basic	5.06	1.77	1.39	1.23	0.67	0.66	1.30	-0.40	0.39
EPS Diluted	4.75	1.58	1.30	1.20	0.67	0.65	1.29	-0.40	0.39
Shares Outstanding	37.700M	37.700M	37.600M	38.182M	37.600M	37.600M	37.536M	37.532M	37.500M
Diluted Shares Outstanding	42.200M	42.200M	40.200M	38.500M	37.800M	38.100M	38.000M	37.532M	37.800M

AEIS Annual Income Statement (USD)

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	1.799B	1.482B	1.656B	1.845B	1.456B	1.416B	788.948M	718.892M
Cost of Goods Sold	1.129B	952.699M	1.063B	1.170B	923.632M	873.957M	473.296M	353.285M
Gross Profit	670.000M	529.343M	592.398M	675.506M	532.322M	541.869M	315.652M	365.607M
Gross Profit Margin	37.2%	35.7%	35.8%	36.6%	36.6%	38.3%	40.0%	50.9%
Total Operating Expenses	474.800M	492.736M	478.704M	442.411M	380.641M	365.846M	261.264M	189.815M
Research & Development	232.400M	211.834M	202.439M	191.020M	161.831M	143.961M	101.503M	76.008M
Selling, General & Administrative	242.400M	224.538M	221.034M	218.463M	191.998M	188.590M	142.555M	108.033M
Operating Income (EBIT)	195.200M	36.607M	113.694M	233.095M	151.681M	176.023M	54.388M	171.553M
Operating Margin	10.9%	2.5%	6.9%	12.6%	10.4%	12.4%	6.9%	23.9%
Income Before Tax (EBT)	168.700M	52.377M	122.461M	241.741M	148.711M	158.147M	67.194M	172.376M
Interest Income	26.600M	42.860M	27.092M	4.147M	454K	—	—	—
Interest Expense	16.700M	25.105M	16.566M	7.325M	3.576M	—	—	—
Other Income/Expense	-26.500M	15.770M	8.767M	8.646M	-2.970M	-17.876M	12.806M	823K
Net Income	148.400M	54.214M	128.284M	199.660M	134.736M	134.675M	64.941M	147.025M
Income Tax Expense	19.400M	-3.929M	-8.288M	39.850M	14.004M	22.996M	10.699M	25.227M
Net Profit Margin	8.2%	3.7%	7.7%	10.8%	9.3%	9.5%	8.2%	20.5%
EBITDA	247.400M	145.937M	205.560M	309.362M	205.180M	236.959M	85.573M	189.384M
EBITDA Margin	13.8%	9.8%	12.4%	16.8%	14.1%	16.7%	10.8%	26.3%
Depreciation & Amortization	62.000M	68.455M	66.533M	60.296M	52.893M	47.770M	26.147M	13.592M
EPS Basic	3.95	1.45	0.87	5.33	3.53	3.52	1.70	3.76
EPS Diluted	3.84	1.43	0.86	5.29	3.51	3.50	1.69	3.74
Shares Outstanding	37.600M	37.476M	37.575M	37.463M	38.143M	38.314M	38.281M	39.081M
Diluted Shares Outstanding	38.600M	37.839M	37.854M	37.721M	38.355M	38.542M	38.495M	39.352M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About Advanced Energy Industries, Inc.

Advanced Energy Industries, Inc. (AEIS) is a global leader in the design, production, sale, and support of sophisticated power conversion, measurement, and control systems. The company specializes in plasma power technologies, providing a range of solutions such as direct current (DC), pulsed DC, low-frequency alternating current (LF AC), high-voltage, and radio frequency (RF) power supplies, alongside RF matching networks, RF instrumentation products, and remote plasma sources engineered for reactive gas applications. AEIS also supplies power control modules and thermal instrumentation, which are crucial for processes including rapid thermal processing, chemical vapor deposition, epitaxy, crystal growing, chemical processing, and in the manufacturing of metal, carbon fiber, and glass, as well as various other industrial power requirements. Its portfolio encompasses high-voltage DC-DC products, essential for semiconductor wafer processing and metrology, electrostatic substrate clamping, scientific instrumentation, mass spectrometry, and X-ray systems utilized in industrial and analytical fields. Additionally, low-voltage DC-DC board-mounted solutions are provided, serving applications in healthcare, telecommunications, test and measurement, instrumentation, industrial equipment, and distributed power systems for servers and storage. The company further develops gas sensing and monitoring products for the energy sector, air quality surveillance, and automotive emission testing. It also offers embedded power solutions specifically designed for medical equipment or compliant with IEC 60950-1 standards for information technology devices. Beyond its product offerings, AEIS provides comprehensive services such as conversions, upgrades, refurbishments, and the sale of pre-owned equipment, alongside dedicated repair services to its clientele. Distribution of its products occurs through a multi-channel approach, including a direct sales team, independent sales representatives, channel partners, and a network of distributors. Established in 1981, Advanced Energy Industries, Inc. maintains its corporate headquarters in Denver, Colorado.

Denver, CO

10,000 employees

www.advancedenergy.com

Industrials / Electrical Equipment & Parts

Sector: Industrials
Industry: Electrical Equipment & Parts
CEO: Stephen D. Kelley

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