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 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 85.0 | -6.0 | 80.5 | 78.7 | 45.2 | 28.9 | 82.6 | 34.2 | 6.7 | 7.3 | 84.0 | 72.5 |
| Depreciation and amortization | 16.5 | 15.8 | 15.2 | 15.1 | 15.6 | 16.1 | 16.7 | 17.9 | 16.9 | 17.0 | 16.8 | 16.8 |
| Capital expenditure | -49.5 | -36.6 | -37.5 | -27.9 | -28.1 | -13.9 | -12.8 | -12.6 | -14.8 | -16.6 | -14.2 | -13.2 |
| Investing cash flow | -49.5 | -38.0 | -37.9 | -28.3 | -28.5 | -15.1 | -13.1 | -12.9 | -28.9 | -18.7 | -14.5 | -13.5 |
| Financing cash flow | 662 | -44.9 | -9.1 | -4.2 | -29.4 | -13.4 | -2.6 | -351 | -9.1 | -14.1 | -8.5 | 473 |
| Dividends paid | -4.1 | -3.8 | -4.0 | -3.9 | -3.9 | -3.8 | -3.8 | -3.9 | -3.9 | -3.8 | -3.8 | -3.8 |
| Share repurchases | — | -0.5 | -6.5 | 0.0 | -23.2 | -0.5 | — | -1.8 | — | — | — | -40.0 |
| Debt issued | 1,129 | — | — | — | — | — | — | — | — | — | — | 575 |
| Debt repaid | — | — | -1.9 | 0.0 | 0.0 | 0.0 | — | -345 | -5.0 | -5.0 | 8.0 | -18.0 |
| Effect of exchange rates | -0.1 | -0.9 | -0.9 | -1.1 | 3.2 | 0.5 | -2.2 | 1.3 | -0.5 | -1.2 | -2.3 | -1.5 |
| Net change in cash | 697 | -89.8 | 32.6 | 45.1 | -9.5 | 0.9 | 64.7 | -329 | -31.8 | -26.7 | 58.6 | 531 |
| Free cash flow | 35.5 | -42.6 | 43.0 | 50.8 | 17.1 | 15.0 | 69.8 | 21.6 | -8.1 | -9.3 | 69.8 | 59.4 |
| Levered free cash flow | -7.5 | -57.0 | 52.0 | 47.1 | 7.6 | 13.7 | 80.4 | 29.6 | -13.2 | -9.3 | 68.5 | 51.1 |