Aes revenue and financials
$14.93Change from previous close: +0.20%Absolute change: +$0.03
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 revenue | 3,422 | 3,180 | 3,101 | 3,351 | 2,855 | 2,926 | 2,962 | 3,289 | 2,942 | 3,085 | — | 3,434 |
| Cost of revenue | 2,730 | 2,540 | 2,519 | 2,616 | 2,402 | — | — | — | — | — | — | — |
| Gross profit | 692 | 640 | 582 | 735 | 453 | — | — | — | — | — | — | — |
| Selling, general and administrative | 62.0 | 55.0 | 69.0 | 46.0 | 49.0 | — | — | — | — | — | — | — |
| Operating income | 630 | 585 | 513 | 689 | 404 | — | — | — | — | — | — | — |
| EBIT | 639 | 596 | 514 | 687 | 400 | 412 | 327 | 663 | 484 | 544 | — | 852 |
| EBITDA | 1,073 | 1,029 | 915 | 1,052 | 754 | 749 | 646 | 975 | 799 | 862 | — | 1,138 |
| Interest expense | 368 | 353 | 365 | 348 | 352 | — | — | — | — | — | — | — |
| Pre-tax income | 415 | 234 | -269 | 328 | 17.0 | -56.0 | 163 | 325 | 118 | 262 | — | 400 |
| Income tax | 28.0 | -41.0 | -139 | -226 | 167 | 17.0 | 7.0 | 103 | -35.0 | -16.0 | — | 109 |
| Net income | 426 | 487 | 320 | 639 | -95.0 | 46.0 | 467 | 504 | 276 | 432 | — | 231 |
| Net income to common shareholders | 426 | 487 | 325 | 634 | -105 | 46.0 | 467 | 504 | 282 | 426 | — | 231 |
| Basic EPS | 0.60 | 0.68 | 0.46 | 0.89 | -0.15 | 0.06 | 0.65 | 0.71 | 0.40 | 0.62 | — | 0.34 |
| Diluted EPS | 0.60 | 0.68 | 0.45 | 0.89 | -0.15 | 0.06 | 0.65 | 0.71 | 0.39 | 0.60 | — | 0.32 |
| Average shares (basic) | 715 | 713 | 712 | 712 | 712 | 711 | 713 | 711 | 711 | 690 | — | 670 |
| Average shares (diluted) | 715 | 715 | 714 | 714 | 712 | 713 | 713 | 713 | 713 | 712 | — | 712 |
| Dividend per share | 0.18 | 0.18 | 0.18 | 0.18 | 0.18 | 0.18 | 0.18 | 0.17 | 0.17 | 0.17 | — | 0.17 |