Advanced Energy Industries revenue and financials
$302.77Change from previous close: +1.84%Absolute change: +$5.48
In the fiscal year ended December 2025, Advanced Energy Industries reported revenue of $1.8B (+21.38% year over year). Net income was $148.4M, a net margin of 8.2%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +21.38%
- 2025 vs 2024
- Net income growth
- +173.73%
- 2025 vs 2024
- Net margin
- 8.2%
- 2024: 3.7%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 1,799 | 1,482 | 1,656 | 1,845 | 1,456 | 1,416 | 789 | 719 | 453 | 327 |
| Cost of revenue | 1,121 | 953 | 1,063 | 1,170 | 924 | 874 | 473 | 353 | 315 | 231 |
| Gross profit | 677 | 529 | 592 | 676 | 532 | 542 | 316 | 366 | 356 | 253 |
| Selling, general and administrative | 240 | 225 | 221 | 218 | 191 | — | — | — | — | — |
| Research and development | 232 | 212 | 202 | 191 | 162 | 144 | 102 | 76.0 | 58.0 | 44.4 |
| Operating income | 168 | 36.6 | 114 | 233 | 152 | 176 | 54.4 | 172 | 201 | 127 |
| EBIT | 194 | 69.0 | 140 | 240 | 157 | — | — | — | — | — |
| EBITDA | 256 | 138 | 206 | 301 | 210 | — | — | — | — | — |
| Interest expense | 16.7 | 25.1 | 16.6 | 7.3 | 3.6 | — | — | 0.2 | 0.1 | — |
| Pre-tax income | 169 | 52.4 | 123 | 242 | 149 | — | — | — | — | — |
| Income tax | 19.4 | -3.9 | -8.3 | 39.9 | 14.0 | 23.0 | 10.7 | 25.2 | 62.1 | 11.1 |
| Net income | 148 | 54.2 | 128 | 200 | 135 | 135 | 64.9 | 147 | 138 | 127 |
| Net income to common shareholders | 148 | 54.2 | 128 | 200 | 135 | — | — | — | — | — |
| Basic EPS | 3.95 | 1.45 | 3.42 | 5.33 | 3.53 | 3.52 | 1.70 | 3.76 | 3.47 | 3.21 |
| Diluted EPS | 3.84 | 1.43 | 3.40 | 5.29 | 3.51 | 3.50 | 1.69 | 3.74 | 3.43 | 3.18 |
| Average shares (basic) | 37.6 | 37.5 | 37.5 | 37.5 | 38.1 | — | — | — | — | — |
| Average shares (diluted) | 38.6 | 37.8 | 37.8 | 37.7 | 38.4 | 38.5 | 38.5 | 39.4 | 40.2 | 40.0 |
| Dividend per share | 0.40 | 0.40 | 0.40 | 0.40 | 0.40 | — | — | — | — | — |
