Aes revenue and financials

AES · NYSE · USD

$14.91−0.07%−$0.01

Close · October 2, 2026

In the fiscal year ended December 2025, Aes reported revenue of $12.23B (−0.37% year over year). Net income was $910M, a net margin of 7.4%.

Annual revenue · 2025: $12.23B

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Amounts in millions of USD; per-share values in USD; shares in millions.

Income statement · Annual
Item	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Total revenue	12,233	12,278	12,668	12,617	11,141	9,660	10,189	10,736	10,530	10,281
Cost of revenue	10,022	9,964	10,164	10,069	8,430	6,967	7,840	8,163	8,065	7,898
Gross profit	2,211	2,314	2,504	2,548	2,711	2,693	2,349	2,573	2,465	2,383
Selling, general and administrative	241	288	255	207	—	—	—	—	—	—
Operating income	1,970	2,026	2,249	2,341	—	—	—	—	—	—
EBIT	2,018	2,016	2,237	2,346	2,566	—	—	—	—	—
EBITDA	3,475	3,280	3,384	3,418	3,622	—	—	—	—	—
Interest expense	1,407	1,485	1,319	1,117	911	1,038	1,050	1,056	1,170	1,134
Pre-tax income	20.0	868	72.0	-240	-1,088	—	—	—	—	—
Income tax	-181	59.0	261	265	-133	216	352	708	990	32.0
Net income	910	1,679	249	-546	-409	46.0	303	1,203	-1,161	-1,130
Net income to common shareholders	900	1,679	249	-546	-409	—	—	—	—	—
Basic EPS	1.26	2.38	0.37	-0.82	-0.61	0.07	0.46	1.82	-1.76	-1.72
Diluted EPS	1.26	2.36	0.35	-0.82	-0.61	0.07	0.45	1.81	-1.76	-1.72
Average shares (basic)	712	706	669	668	666	—	—	—	—	—
Average shares (diluted)	714	713	712	668	666	668	667	665	660	660
Dividend per share	0.70	0.69	0.67	0.64	0.61	—	—	—	—	—