Aes revenue and financials
$14.91Change from previous close: +0.09%Absolute change: +$0.01
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%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- −0.37%
- 2025 vs 2024
- Net income growth
- −45.80%
- 2025 vs 2024
- Net margin
- 7.4%
- 2024: 13.7%
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 54,238 | 52,819 | 51,768 | 50,783 | 48,542 | 48,615 | 47,406 | 50,079 | 47,738 | 47,045 | 44,799 | 43,161 |
| Current assets | 6,403 | 6,110 | 6,502 | 6,820 | 6,320 | 7,878 | 6,831 | 10,526 | 9,555 | 7,170 | 6,649 | 7,317 |
| Cash and equivalents | 1,800 | 1,600 | 1,382 | 1,758 | 1,350 | 1,753 | 1,524 | 1,919 | 1,773 | 1,994 | 1,426 | 1,765 |
| Short-term investments | 53.0 | 51.0 | 174 | — | — | 64.0 | 79.0 | 62.0 | 61.0 | 394 | 395 | 538 |
| Receivables | 1,934 | 1,651 | 1,683 | 1,790 | 1,865 | — | — | — | — | — | — | — |
| Inventory | 618 | 648 | 612 | 607 | 647 | — | — | — | — | — | — | — |
| Net property, plant and equipment | 40,657 | 39,290 | 38,187 | 36,511 | 34,727 | 33,995 | 33,538 | 32,354 | 30,732 | 31,906 | 30,338 | 27,535 |
| Goodwill | 342 | 342 | 342 | 345 | 345 | 345 | 345 | 348 | 348 | 348 | 348 | 362 |
| Other intangible assets | 2,033 | 2,019 | 2,040 | 2,016 | 2,050 | — | — | — | — | — | — | — |
| Long-term investments | 885 | 1,006 | 1,004 | 1,030 | 1,091 | — | — | — | — | — | — | — |
| Current liabilities | 8,578 | 8,374 | 8,492 | 9,434 | 7,679 | 9,344 | 8,571 | 12,375 | 9,823 | 9,211 | 9,731 | 8,819 |
| Accounts payable | 2,996 | 2,767 | 2,596 | 3,046 | 2,284 | — | — | — | — | — | — | — |
| Long-term debt | 28,655 | 27,799 | 26,786 | 26,463 | 26,554 | — | — | — | — | — | — | — |
| Total debt | 32,117 | 30,999 | 29,897 | 30,849 | 30,271 | — | — | — | — | — | — | — |
| Total liabilities | 41,414 | 40,568 | 39,839 | 40,253 | 38,680 | 39,991 | 38,764 | 41,535 | 39,808 | 39,263 | 37,350 | 36,482 |
| Total equity (incl. minority) | 12,824 | 12,251 | 11,929 | 10,530 | 9,862 | 8,624 | 8,642 | 8,544 | 7,930 | 7,782 | 7,449 | 6,679 |
| Retained earnings | 1,429 | 1,003 | 641 | 555 | -79.0 | 214 | 293 | -267 | -769 | -954 | -1,386 | -1,292 |
| Minority interest | 7,882 | 7,831 | 7,866 | 6,665 | 6,493 | 5,156 | 4,998 | 5,254 | 4,839 | 4,882 | 4,961 | 3,900 |