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The AES Corporation (AES)
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AES Income Statement

Revenue, expenses, and profitability analysis

AES Quarterly Income Statement (USD)

Quarterly ReportTTM
03/31/2026
12/31/2025
09/30/2025
06/30/2025
03/31/2025
12/31/2024
09/30/2024
06/30/2024
12.487B3.180B3.101B3.351B2.855B2.926B2.962B3.289B2.942B
Cost of Goods Sold
10.077B2.540B2.519B2.616B2.402B2.485B2.542B2.568B2.389B
2.411B640.000M582.000M735.000M454.000M440.000M420.000M721.000M553.000M
20.1%20.1%18.8%21.9%15.9%15.0%14.2%21.9%18.8%
Total Operating Expenses
354.000M55.000M69.000M181.000M49.000M77.000M90.000M57.000M66.000M
0.000.000.000.000.000.000.000.000.00
219.000M55.000M69.000M46.000M49.000M77.000M90.000M57.000M66.000M
2.057B585.000M513.000M554.000M405.000M363.000M330.000M664.000M487.000M
18.4%18.4%16.5%16.5%14.2%12.4%11.1%20.2%16.6%
762.000M234.000M-269.000M780.000M17.000M-56.000M256.000M320.000M118.000M
Interest Income
283.000M65.000M72.000M76.000M70.000M69.000M69.000M119.000M88.000M
1.420B353.000M373.000M348.000M346.000M326.000M360.000M376.000M358.000M
Other Income/Expense
-1.295B-351.000M-782.000M226.000M-388.000M-419.000M-74.000M-344.000M-369.000M
1.338B487.000M322.000M634.000M-105.000M46.000M560.000M509.000M282.000M
213.000M-41.000M-139.000M226.000M167.000M17.000M7.000M103.000M-35.000M
15.3%15.3%10.4%18.9%-3.7%1.6%18.9%15.5%9.6%
3.757B1.028B497.000M1.493B739.000M641.000M959.000M1.011B788.000M
32.3%32.3%16.0%44.6%25.9%21.9%32.4%30.7%26.8%
1.553B433.000M401.000M365.000M354.000M337.000M338.000M306.000M315.000M
1.880.680.460.89-0.150.070.790.710.40
1.880.680.460.89-0.150.070.790.710.40
715.000M715.000M714.000M714.000M711.000M711.000M708.861M711.000M707.407M
715.000M715.000M714.000M714.000M712.000M713.000M713.000M713.000M713.000M

AES 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
12.233B12.278B12.676B12.618B11.142B9.661B10.190B10.742B
Cost of Goods Sold
10.022B9.964B10.164B10.069B8.430B6.967B7.840B8.162B
2.211B2.316B2.515B2.548B2.713B2.694B2.362B2.582B
18.1%18.9%19.8%20.2%24.3%27.9%23.2%24.0%
Total Operating Expenses
241.000M288.000M255.000M207.000M166.000M165.000M196.000M192.000M
0.000.000.000.000.000.000.000.00
241.000M288.000M255.000M207.000M166.000M165.000M196.000M192.000M
1.970B2.028B2.260B2.341B2.547B2.529B2.166B2.390B
16.1%16.5%17.8%18.6%22.9%26.2%21.3%22.2%
20.000M868.000M72.000M-240.000M-1.088B365.000M829.000M2.057B
Interest Income
287.000M381.000M551.000M389.000M298.000M268.000M318.000M310.000M
1.415B1.517B1.302B1.059B826.000M978.000M1.024B1.007B
Other Income/Expense
-1.950B-1.160B-2.188B-2.581B-3.635B-2.164B-1.337B-333.000M
949.000M1.686B242.000M-546.000M-413.000M43.000M302.000M1.004B
-181.000M59.000M261.000M265.000M-133.000M216.000M352.000M708.000M
7.8%13.7%1.9%-4.3%-3.7%0.4%3.0%9.3%
2.939B3.675B2.534B1.943B818.000M2.534B3.070B4.028B
24.0%29.9%20.0%15.4%7.3%26.2%30.1%37.5%
1.457B1.264B1.128B1.053B1.056B1.068B1.045B1.003B
1.262.380.37-0.82-0.610.070.461.82
1.262.360.35-0.82-0.610.070.451.81
712.000M705.462M669.000M665.854M670.492M657.143M667.000M660.989M
712.000M713.000M712.000M668.000M666.000M668.000M667.000M665.000M

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

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

About The AES Corporation

The AES Corporation operates as an international enterprise primarily focused on electricity generation and distribution. Its activities involve both the ownership and management of power plants, producing and supplying electricity to a diverse clientele that includes other utility companies, large industrial consumers, and various intermediate purchasers. Beyond generation, AES also functions as a utility provider, managing infrastructure to either produce or acquire, then transmit, distribute, and ultimately sell power directly to end-users across residential, commercial, industrial, and governmental sectors. The company is also an active participant in the wholesale electricity market. For power production, AES utilizes a broad spectrum of energy sources and advanced technologies. This includes conventional fuels like coal and natural gas, as well as a significant commitment to renewables such as hydroelectric, wind, solar, and biomass. Its renewable portfolio further incorporates energy storage solutions and landfill gas. With an operational generation capacity of approximately 31,459 megawatts, the company maintains a substantial global presence, conducting business in the United States, Puerto Rico, various nations across Central and South America (including El Salvador, Chile, Colombia, Argentina, Brazil, Mexico), the Caribbean, Europe, and Asia. Founded in 1981, the company was initially named Applied Energy Services, Inc., before officially rebranding to The AES Corporation in April 2000. Its corporate headquarters are located in Arlington, Virginia.

Arlington, VA
9,100 employees
Utilities / Independent Power Producers
Sector
Utilities
Industry
Independent Power Producers
CEO
Andres Ricardo Gluski Weilert