What is Advanced Energy Industries Inc's earnings per share (EPS)?

Advanced Energy Industries Inc (AEIS) reported diluted earnings per share of $3.84 for fiscal year 2025. This represents a 168.5% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Advanced Energy Industries Inc (AEIS) Financials

AEIS

Trailing 12 months to June 30, 2026

Revenue $2.0B +24.6% YoY

Net Income $219.4M +161.5% YoY

EPS (Diluted) $5.38 +143.4% YoY

Free Cash Flow $86.7M -29.8% YoY

Market Cap $11.0B as of Oct 13, 2026

Price / Sales 5.4x on $2.0B revenue, trailing 12 months to June 30, 2026

Price / Earnings 50.3x on $219.4M net income, trailing 12 months to June 30, 2026

Price / Book 7.6x on $1.5B equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 13, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 3, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 3, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the AEIS SEC filings page.

Advanced Energy Industries Inc (AEIS) reported $2.0B in revenue over the twelve months to Jun 30, 2026, up 24.6% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI AEIS FY2025 2026-10-03

FY2025 shows a cyclical rebound with operating leverage returning, but substantially more short-term obligations now sit behind the recovery.

The margin recovery coincided with operating cash flow of $233M versus net income of $148M, indicating accounting earnings converted into cash rather than relying solely on non-cash gains. That cash generation came alongside heavier reinvestment, so reported free cash flow reflects both improved operations and greater capital spending.

Gross margin moved from 35.7% in FY2024 to 37.7% in FY2025, a modest improvement that does not by itself explain the operating-margin rebound. Operating margin rose from 2.5% to 9.3%, so the larger change was below gross profit: operating expenses were absorbed more effectively as activity recovered.

The short-term funding profile changed sharply: the current ratio fell from 4.4x in FY2024 to 1.6x in FY2025, signaling a much thinner cushion against near-term obligations. Current liabilities reached $991M, while debt-to-equity was 0.4x, suggesting the balance-sheet shift is concentrated in near-term obligations rather than broad leverage.

Financial Health Signals

Financial Health Score 59/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Advanced Energy Industries Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Advanced Energy Industries Inc has an operating margin of 9.3%, meaning the company retains $9 of operating profit per $100 of revenue. This results in a moderate score of 58/100, indicating healthy but not exceptional operating efficiency. This is up from 2.5% the prior year.

Growth

Advanced Energy Industries Inc's revenue surged 21.4% year-over-year to $1.8B, reflecting rapid business expansion. This strong growth earns a score of 46/100.

Leverage

Advanced Energy Industries Inc carries a low D/E ratio of 0.42, meaning only $0.42 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 96/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Advanced Energy Industries Inc's current ratio of 1.59 indicates adequate short-term liquidity, earning a score of 45/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

Advanced Energy Industries Inc has a free cash flow margin of 7.0%, earning a moderate score of 53/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns

Advanced Energy Industries Inc's ROE of 10.9% shows moderate profitability relative to equity, earning a score of 54/100. This is up from 4.5% the prior year.

Altman Z-Score Safe

7.46

Advanced Energy Industries Inc scores 7.46, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($11.0B) relative to total liabilities ($1.2B). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Strong

7/9

Advanced Energy Industries Inc passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

1.57x

For every $1 of reported earnings, Advanced Energy Industries Inc generates $1.57 in operating cash flow ($233.3M OCF vs $148.4M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Safe

10.06x

Advanced Energy Industries Inc earns $10.06 in operating income for every $1 of interest expense ($168.0M vs $16.7M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

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Earnings & Revenue

Revenue

$574.1M

YoY+30.0%

QoQ+12.3%

5Y CAGR+9.7%

10Y CAGR+17.1%

Advanced Energy Industries Inc generated $574.1M in revenue in Q2 2026. This represents an increase of 30.0% from the same quarter a year earlier. Against the prior quarter it is up 12.3%.

EBITDA

$111.6M

YoY+136.4%

QoQ+32.7%

5Y CAGR+15.6%

10Y CAGR+13.2%

Advanced Energy Industries Inc's EBITDA was $111.6M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 136.4% from the same quarter a year earlier. Against the prior quarter it is up 32.7%.

Net Income

$54.1M

YoY+114.7%

QoQ-19.0%

5Y CAGR+8.8%

10Y CAGR+5.9%

Advanced Energy Industries Inc reported $54.1M in net income in Q2 2026. This represents an increase of 114.7% from the same quarter a year earlier. Against the prior quarter it is down 19.0%.

EPS (Diluted)

$1.28

YoY+91.0%

QoQ-19.0%

5Y CAGR+6.8%

10Y CAGR+5.4%

Advanced Energy Industries Inc earned $1.28 per diluted share (EPS) in Q2 2026. This represents an increase of 91.0% from the same quarter a year earlier. Against the prior quarter it is down 19.0%.

Cash & Balance Sheet

Free Cash Flow

$35.5M

YoY+107.6%

QoQ+183.3%

5Y CAGR+4.7%

10Y CAGR+1.7%

Advanced Energy Industries Inc generated $35.5M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 107.6% from the same quarter a year earlier. Against the prior quarter it is up 183.3%.

Cash & Debt

$1.4B

YoY+95.7%

QoQ+99.6%

5Y CAGR+22.5%

10Y CAGR+20.9%

Advanced Energy Industries Inc held $1.4B in cash against $1.1B in long-term debt as of Q2 2026.

Dividends Per Share

$0.10

YoY0.0%

QoQ0.0%

Advanced Energy Industries Inc paid $0.10 per share in dividends in Q2 2026. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.

Shares Outstanding

40M

YoY+6.2%

QoQ+5.3%

5Y CAGR+0.9%

10Y CAGR+0.1%

Advanced Energy Industries Inc had 40M shares outstanding in Q2 2026. This represents an increase of 6.2% from the same quarter a year earlier. Against the prior quarter it is up 5.3%.

Margins & Returns

Gross Margin

41.1%

YoY+4.1pp

QoQ+1.8pp

5Y change+3.8pp

10Y change-11.1pp

Advanced Energy Industries Inc's gross margin was 41.1% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 4.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.8 percentage points.

Operating Margin

16.6%

YoY+9.4pp

QoQ+3.2pp

5Y change+5.2pp

10Y change-9.0pp

Advanced Energy Industries Inc's operating margin was 16.6% in Q2 2026, reflecting core business profitability. This is up 9.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 3.2 percentage points.

Net Margin

9.4%

YoY+3.7pp

QoQ-3.7pp

5Y change-0.4pp

10Y change-16.3pp

Advanced Energy Industries Inc's net profit margin was 9.4% in Q2 2026, showing the share of revenue converted to profit. This is up 3.7 percentage points from the same quarter a year earlier. Against the prior quarter it is down 3.7 percentage points.

Return on Equity

3.7%

YoY+1.7pp

QoQ-1.1pp

5Y change-0.3pp

10Y change-5.8pp

Advanced Energy Industries Inc's ROE was 3.7% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 1.7 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.1 percentage points.

Capital Allocation

R&D Spending

$65.0M

YoY+10.2%

QoQ+4.2%

5Y CAGR+10.1%

Advanced Energy Industries Inc invested $65.0M in research and development in Q2 2026. This represents an increase of 10.2% from the same quarter a year earlier. Against the prior quarter it is up 4.2%.

Share Buybacks

YoY-100.0%

QoQ-100.0%

Advanced Energy Industries Inc repurchased no shares in Q2 2026. This represents a decrease of 100.0% from the same quarter a year earlier. Against the prior quarter it is down 100.0%.

Capital Expenditures

$49.5M

YoY+76.2%

QoQ+35.2%

5Y CAGR+55.8%

10Y CAGR+41.6%

Advanced Energy Industries Inc invested $49.5M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 76.2% from the same quarter a year earlier. Against the prior quarter it is up 35.2%.

AEIS Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

AEIS quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$2.0B	$1.8B+21.4%	$1.5B-10.5%	$1.7B-10.3%	$1.8B+26.8%	$1.5B+2.8%	$1.4B+79.5%	$788.9M+9.7%	$718.9M+7.1%	$671.0M+38.7%	$483.7M+80.3%	$268.3M+16.2%	$230.8M+36.3%	$169.4M-47.5%	$322.8M-4.6%	$338.3M
Cost of Revenue	$1.2B	$1.1B+17.7%	$952.7M-10.4%	$1.1B-9.1%	$1.2B+26.7%	$923.6M+5.7%	$874.0M+84.7%	$473.3M+34.0%	$353.3M+12.3%	$314.6M+36.5%	$230.6M+16.5%	$197.9M+10.4%	$179.3M+16.6%	$153.8M-45.9%	$284.2M-8.8%	$311.6M
Gross Profit	$800.5M	$677.4M+28.0%	$529.3M-10.7%	$592.4M-12.3%	$675.5M+26.9%	$532.3M-1.8%	$541.9M+71.7%	$315.7M-13.7%	$365.6M+2.6%	$356.4M+40.8%	$253.1M+16.7%	$216.9M+15.3%	$188.1M+29.2%	$145.6M-13.2%	$167.7M-18.2%	$205.2M
R&D Expenses	$246.6M	$232.4M+9.7%	$211.8M+4.6%	$202.4M+6.0%	$191.0M+18.0%	$161.8M+12.4%	$144.0M+41.8%	$101.5M+33.5%	$76.0M+31.1%	$58.0M+30.5%	$44.4M+12.4%	$39.6M+7.1%	$36.9M+4.3%	$35.4M-39.1%	$58.1M-10.6%	$65.0M
SG&A Expenses	$254.9M	$242.4M+7.9%	$224.6M+1.6%	$221.0M+1.2%	$218.5M+13.8%	$192.0M+1.8%	$188.6M+32.3%	$142.6M+32.0%	$108.0M+15.8%	$93.3M+20.1%	$77.7M+17.5%	$66.1M+12.9%	$58.5M+2.1%	$57.3M-17.1%	$69.1M-13.3%	$79.7M
Operating Income	$269.2M	$168.0M+359.0%	$36.6M-67.8%	$113.7M-51.2%	$233.1M+53.7%	$151.7M-13.8%	$176.0M+223.6%	$54.4M-68.3%	$171.6M-14.6%	$200.8M+58.3%	$126.9M+18.9%	$106.7M+23.9%	$86.1M+79.9%	$47.8M+74.8%	$27.4M-44.4%	$49.3M
EBITDA	N/A	$230.0M+118.8%	$105.1M-41.7%	$180.2M-38.6%	$293.4M+43.4%	$204.6M-8.6%	$223.8M+177.9%	$80.5M-56.5%	$185.1M-11.9%	$210.2M+56.1%	$134.7M+16.6%	$115.5M+19.6%	$96.6M+76.1%	$54.8M+21.4%	$45.2M-29.2%	$63.8M
Interest Expense	$15.7M	$16.7M-33.5%	$25.1M+51.2%	$16.6M+126.6%	$7.3M+104.8%	$3.6M-29.6%	$5.1M+69.7%	$3.0M+1213.2%	$228K+245.5%	$66K	N/A	N/A	N/A	$320K	N/A	N/A
Income Tax	$25.4M	$19.4M+597.4%	-$3.9M+53.0%	-$8.3M-120.8%	$39.9M+184.6%	$14.0M-39.1%	$23.0M+114.9%	$10.7M-57.6%	$25.2M-59.4%	$62.1M+458.0%	$11.1M-49.3%	$22.0M+33.0%	$16.5M+245.0%	-$11.4M-218.3%	$9.6M-29.3%	$13.6M
Net Income	$219.4M	$148.4M+173.7%	$54.2M-57.7%	$128.3M-35.7%	$199.7M+48.2%	$134.7M0.0%	$134.7M+107.4%	$64.9M-55.8%	$147.0M+6.6%	$137.9M+8.2%	$127.5M+180.4%	-$158.5M-437.3%	$47.0M+46.4%	$32.1M+55.9%	$20.6M-43.3%	$36.3M
EPS (Basic)	N/A	$3.95+172.4%	$1.45-57.6%	$3.42-35.8%	$5.33+51.0%	$3.53+0.3%	$3.52+107.1%	$1.70-54.8%	$3.76+8.4%	$3.47+8.1%	$3.21+182.5%	-$3.89-435.3%	$1.16+43.2%	$0.81+52.8%	$0.53-36.9%	$0.84
EPS (Diluted)	$5.38	$3.84+168.5%	$1.43-57.9%	$3.40-35.7%	$5.29+50.7%	$3.51+0.3%	$3.50+107.1%	$1.69-54.8%	$3.74+9.0%	$3.43+7.9%	$3.18+181.7%	-$3.89-441.2%	$1.14+44.3%	$0.79+51.9%	$0.52-37.3%	$0.83
Diluted Shares (Avg)	N/A	39M+2.1%	38M0.0%	38M+0.2%	38M-1.7%	38M-0.5%	39M+0.1%	38M-2.2%	39M-2.1%	40M+0.4%	40M-2.5%	41M+0.1%	41M+0.9%	41M+3.1%	39M-10.3%	44M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$574.1M+30.0%	$511.0M+26.3%	$489.4M+17.8%	$463.3M+23.8%	$441.5M+21.0%	$404.6M+23.5%	$415.4M+2.5%	$374.2M-8.7%
Cost of Revenue	$338.0M+21.5%	$310.1M+22.0%	$300.3M+15.1%	$288.9M+20.3%	$278.1M+17.2%	$254.1M+18.4%	$260.8M-0.6%	$240.1M-8.6%
Gross Profit	$236.1M+44.5%	$200.9M+33.5%	$189.1M+22.3%	$174.4M+30.1%	$163.4M+28.0%	$150.5M+33.3%	$154.6M+8.2%	$134.1M-9.0%
R&D Expenses	$65.0M+10.2%	$62.4M+15.1%	$60.1M+7.1%	$59.1M+10.3%	$59.0M+12.8%	$54.2M+8.8%	$56.1M+14.5%	$53.6M+6.4%
SG&A Expenses	$69.4M+15.3%	$62.3M+5.6%	$63.4M+8.9%	$59.8M+6.4%	$60.2M+9.3%	$59.0M+7.1%	$58.2M+6.0%	$56.2M+1.9%
Operating Income	$95.1M+200.9%	$68.3M+123.2%	$56.6M+67.5%	$49.2M+547.3%	$31.6M+145.0%	$30.6M+3300.0%	$33.8M+145.4%	-$11.0M-136.6%
EBITDA	$111.6M+136.4%	$84.1M+80.1%	$71.8M+42.2%	$64.3M+831.9%	$47.2M+58.4%	$46.7M+160.9%	$50.5M+65.5%	$6.9M-85.3%
Interest Expense	$3.3M-21.4%	$4.1M-2.4%	$4.1M-10.9%	$4.2M-34.4%	$4.2M-40.0%	$4.2M-40.8%	$4.6M-36.4%	$6.4M+69.3%
Income Tax	$12.1M+218.4%	$2.7M-46.0%	$4.7M+155.3%	$5.9M+1575.0%	$3.8M+18.8%	$5.0M+177.8%	-$8.5M+60.8%	-$400K-145.8%
Net Income	$54.1M+114.7%	$66.8M+170.4%	$52.3M+6.9%	$46.2M+410.0%	$25.2M+70.3%	$24.7M+357.4%	$48.9M+30.4%	-$14.9M-145.6%
EPS (Basic)	$1.39+107.5%	$1.77+168.2%	$1.39+6.1%	$1.23+407.5%	$0.67+71.8%	$0.66+371.4%	$1.31+31.0%	-$0.40-146.0%
EPS (Diluted)	$1.28+91.0%	$1.58+143.1%	$1.32+2.3%	$1.20+400.0%	$0.67+71.8%	$0.65+364.3%	$1.29+29.0%	-$0.40-146.5%
Diluted Shares (Avg)	42M+11.9%	42M+10.8%	N/A	39M+2.7%	38M0.0%	38M+1.1%	N/A	38M-0.9%

AEIS Balance Sheet

AEIS quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$2.5B+12.6%	$2.3B-11.5%	$2.6B+28.3%	$2.0B+9.6%	$1.8B+10.3%	$1.6B+7.5%	$1.5B+87.7%	$816.5M+11.3%	$733.3M+28.3%	$571.5M+23.6%	$462.5M-32.4%	$684.6M+4.8%	$653.0M+21.5%	$537.2M+0.7%	$533.4M
Current Assets	$1.6B+13.3%	$1.4B-18.8%	$1.7B+44.0%	$1.2B+2.3%	$1.2B+18.6%	$980.2M+13.1%	$866.7M+52.5%	$568.4M-4.5%	$595.2M+35.8%	$438.3M+35.9%	$322.5M-14.4%	$376.8M-9.6%	$417.0M+12.3%	$371.1M-5.0%	$390.5M
Cash & Equivalents	$791.2M+9.6%	$722.1M-30.9%	$1.0B+127.7%	$458.8M-15.7%	$544.4M+13.3%	$480.4M+38.7%	$346.4M-0.8%	$349.3M-14.2%	$407.3M+44.5%	$282.0M+78.0%	$158.4M+30.5%	$121.4M-4.8%	$127.5M-13.0%	$146.6M+24.6%	$117.6M
Short-Term Investments	$0	$0	$0	$0-100.0%	$2.3M-13.5%	$2.7M+1.5%	$2.6M+5.8%	$2.5M-20.4%	$3.1M	$0	$0	$0	$0	$0	$0
Inventory	$411.2M+14.1%	$360.4M+7.2%	$336.1M-10.6%	$376.0M+11.1%	$338.4M+52.9%	$221.3M-3.8%	$230.0M+134.7%	$98.0M+24.9%	$78.5M+40.7%	$55.8M+6.1%	$52.6M+14.1%	$46.1M-58.0%	$109.8M+34.7%	$81.5M+1.5%	$80.3M
Accounts Receivable	$325.2M+22.6%	$265.3M-6.1%	$282.4M-6.1%	$300.7M	N/A	N/A	N/A	N/A	$87.4M+15.5%	$75.7M+37.7%	$55.0M-30.5%	$79.1M-37.2%	$125.8M+49.9%	$83.9M-36.7%	$132.5M
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$300.8M+1.6%	$296.0M+4.3%	$283.8M+0.8%	$281.4M+32.6%	$212.2M+1.1%	$210.0M+3.5%	$202.9M+99.1%	$101.9M+89.4%	$53.8M+27.7%	$42.1M-1.4%	$42.7M-2.6%	$43.9M+208.7%	$14.2M-76.5%	$60.4M+29.8%	$46.5M
Total Liabilities	$1.2B+11.4%	$1.1B-25.3%	$1.4B+52.6%	$925.9M-2.1%	$945.8M+13.6%	$832.3M-2.7%	$855.1M+308.8%	$209.2M-1.6%	$212.7M+18.5%	$179.5M-9.8%	$198.9M-5.1%	$209.6M+11.2%	$188.5M+27.7%	$147.6M+17.1%	$126.0M
Current Liabilities	$991.2M+215.4%	$314.3M-6.4%	$335.8M-14.6%	$393.0M+6.2%	$370.2M+24.9%	$296.4M-7.5%	$320.3M+190.4%	$110.3M+3.9%	$106.1M+11.7%	$95.0M-8.6%	$104.0M-7.6%	$112.6M-8.0%	$122.4M+42.7%	$85.7M-6.0%	$91.2M
Non-Current Liabilities	$184.0M-75.2%	$741.0M-31.2%	$1.1B+102.1%	$532.9M-7.4%	$575.6M+7.4%	$535.9M+0.2%	$534.8M+440.9%	$98.9M-7.2%	$106.5M+26.2%	$84.4M-11.1%	$95.0M-2.1%	$97.0M+46.7%	$66.2M+6.9%	$61.9M+77.9%	$34.8M
Long-Term Debt	$567.5M+0.5%	$564.7M-37.0%	$895.7M+153.5%	$353.3M-5.2%	$372.7M+22.4%	$304.5M-5.3%	$321.5M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$1.4B+13.3%	$1.2B+5.2%	$1.1B+7.3%	$1.1B+22.4%	$870.9M+6.9%	$814.7M+20.4%	$676.7M+11.5%	$606.8M+16.5%	$520.6M+32.8%	$392.1M+48.7%	$263.6M-44.5%	$475.0M+2.3%	$464.5M+19.2%	$389.6M-4.8%	$409.3M
Retained Earnings	$1.1B+9.9%	$1.0B+3.7%	$989.7M+8.1%	$915.3M+21.0%	$756.3M+6.2%	$712.3M+23.3%	$577.7M+12.7%	$512.8M+53.9%	$333.2M+70.6%	$195.4M+187.7%	$67.9M-70.0%	$226.4M+26.2%	$179.4M+21.8%	$147.3M+18.1%	$124.8M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$3.4B+44.0%	$2.6B+12.6%	$2.5B+12.6%	$2.4B+11.2%	$2.4B-6.4%	$2.3B-8.8%	$2.3B-11.5%	$2.2B-12.1%
Current Assets	$2.4B+65.2%	$1.6B+12.4%	$1.6B+13.3%	$1.5B+11.7%	$1.5B-13.0%	$1.4B-15.4%	$1.4B-18.8%	$1.3B-19.6%
Cash & Equivalents	$1.4B+95.7%	$699.5M-3.3%	$791.2M+9.6%	$758.6M+15.4%	$713.5M-27.6%	$723.0M-29.0%	$722.1M-30.9%	$657.3M-33.3%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$538.1M+35.2%	$458.7M+24.4%	$411.2M+14.1%	$399.7M+5.8%	$397.9M+3.9%	$368.8M+2.1%	$360.4M+7.2%	$377.7M+3.8%
Accounts Receivable	$403.6M+32.8%	$376.7M+36.1%	$325.2M+22.6%	$299.5M+15.5%	$304.0M+15.8%	$276.7M+11.8%	$265.3M-6.1%	$259.4M
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$299.8M-0.4%	$300.2M+1.0%	$300.8M+1.6%	$300.7M+0.6%	$300.9M+1.2%	$297.3M+5.9%	$296.0M+4.3%	$299.0M+6.1%
Total Liabilities	$1.9B+74.5%	$1.2B+11.5%	$1.2B+11.4%	$1.1B+9.3%	$1.1B-18.9%	$1.1B-22.7%	$1.1B-25.3%	$1.0B-26.2%
Current Liabilities	$636.1M+78.2%	$1.0B+213.5%	$991.2M+215.4%	$366.5M+25.7%	$356.9M+16.3%	$319.2M+7.1%	$314.3M-6.4%	$291.5M-7.4%
Non-Current Liabilities	$1.3B+72.8%	$189.7M-74.7%	$184.0M-75.2%	$757.5M+2.8%	$760.1M-29.0%	$748.6M-30.9%	$741.0M-31.2%	$737.0M-31.6%
Long-Term Debt	$1.1B+99.4%	$568.2M+0.5%	$567.5M+0.5%	$566.8M+0.5%	$566.1M-36.2%	$565.4M-36.6%	$564.7M-37.0%	$564.0M-37.3%
Total Equity	$1.5B+15.8%	$1.4B+12.5%	$1.4B+13.3%	$1.3B+12.3%	$1.3B+7.9%	$1.2B+7.6%	$1.2B+5.2%	$1.2B+5.8%
Retained Earnings	$1.2B+17.2%	$1.2B+12.6%	$1.1B+9.9%	$1.1B+10.8%	$1.0B+4.4%	$1.0B+5.6%	$1.0B+3.7%	$981.7M+2.7%

AEIS Cash Flow Statement

AEIS quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$238.2M	$233.3M+78.4%	$130.8M-37.4%	$208.9M+13.8%	$183.6M+30.9%	$140.2M-30.3%	$201.2M+315.8%	$48.4M-68.0%	$151.3M-17.2%	$182.7M+53.2%	$119.3M+13.9%	$104.7M+35.7%	$77.2M+118.5%	$35.3M-68.1%	$110.8M+190.8%	$38.1M
Depreciation & Amortization	N/A	$62.0M-9.5%	$68.5M+3.0%	$66.5M+10.3%	$60.3M+14.0%	$52.9M+10.7%	$47.8M+82.7%	$26.1M+92.4%	$13.6M+44.2%	$9.4M+20.6%	$7.8M-11.5%	$8.8M-15.6%	$10.5M+49.7%	$7.0M-60.7%	$17.8M+22.5%	$14.5M
Stock-Based Compensation	N/A	$55.7M+21.4%	$45.9M+48.1%	$31.0M+56.2%	$19.8M+26.1%	$15.7M+28.3%	$12.3M+67.5%	$7.3M-24.5%	$9.7M-22.7%	$12.5M+98.2%	$6.3M+125.3%	$2.8M-24.3%	$3.7M-62.3%	$9.8M-22.6%	$12.7M+1.5%	$12.5M
Capital Expenditures	$151.5M	$107.4M+89.1%	$56.8M-6.9%	$61.0M+3.6%	$58.9M+104.3%	$28.8M-20.8%	$36.4M+44.4%	$25.2M+23.9%	$20.3M+124.8%	$9.0M+32.6%	$6.8M+69.9%	$4.0M+16.4%	$3.4M+33.3%	$2.6M-74.7%	$10.2M-45.8%	$18.9M
Free Cash Flow	$86.7M	$125.9M+70.1%	$74.0M-50.0%	$147.9M+18.6%	$124.7M+11.9%	$111.4M-32.4%	$164.9M+610.5%	$23.2M-82.3%	$130.9M-24.6%	$173.7M+54.4%	$112.5M+11.7%	$100.7M+36.6%	$73.7M+125.2%	$32.7M-67.4%	$100.5M+423.4%	$19.2M
Investing Cash Flow	-$153.7M	-$109.8M-49.2%	-$73.6M-13.8%	-$64.7M+68.9%	-$208.3M-340.3%	-$47.3M-10.4%	-$42.8M+89.1%	-$393.8M-246.7%	-$113.6M-304.5%	-$28.1M-9460.7%	$300K+102.3%	-$13.3M+75.9%	-$55.0M+22.5%	-$70.9M-189.2%	-$24.5M+29.4%	-$34.7M
Financing Cash Flow	$603.5M	-$56.1M+85.1%	-$377.1M-184.6%	$445.7M+820.4%	-$61.9M-143.8%	-$25.4M+14.3%	-$29.6M-108.7%	$338.8M+448.8%	-$97.1M-210.3%	-$31.3M-1561.6%	$2.1M+104.7%	-$45.5M-33.7%	-$34.1M-229.4%	$26.3M+148.0%	-$54.9M-221.0%	-$17.1M
Dividends Paid	$15.8M	$15.6M+1.3%	$15.4M+1.3%	$15.2M0.0%	$15.2M-1.2%	$15.4M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$7.0M	$30.2M+1577.8%	$1.8M-95.5%	$40.0M+50.2%	$26.6M-65.9%	$78.1M+571.8%	$11.6M	N/A	$95.1M+217.2%	$30.0M	$0-100.0%	$50.0M+100.0%	$25.0M	$0-100.0%	$57.1M+219.2%	$17.9M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$85.0M+88.1%	-$6.0M-120.8%	$80.5M-2.5%	$78.7M+130.1%	$45.2M+574.6%	$28.9M+295.9%	$82.6M-1.6%	$34.2M-52.8%
Depreciation & Amortization	$16.5M+5.8%	$15.8M-1.9%	$15.2M-9.0%	$15.1M-15.6%	$15.6M-7.7%	$16.1M-5.3%	$16.7M-0.2%	$17.9M+6.6%
Stock-Based Compensation	$21.4M+57.4%	$18.1M+39.2%	N/A	$14.6M+22.7%	$13.6M+19.3%	$13.0M+18.2%	N/A	$11.9M+47.4%
Capital Expenditures	$49.5M+76.2%	$36.6M+163.3%	$37.5M+193.0%	$27.9M+121.4%	$28.1M+89.9%	$13.9M-16.3%	$12.8M-10.0%	$12.6M-4.2%
Free Cash Flow	$35.5M+107.6%	-$42.6M-384.0%	$43.0M-38.4%	$50.8M+135.2%	$17.1M+311.1%	$15.0M+261.3%	$69.8M+0.1%	$21.6M-63.6%
Investing Cash Flow	-$49.5M-73.7%	-$38.0M-151.7%	-$37.9M-189.3%	-$28.3M-119.4%	-$28.5M+1.4%	-$15.1M+19.3%	-$13.1M+9.5%	-$12.9M+4.3%
Financing Cash Flow	$661.7M+2350.7%	-$44.9M-235.1%	-$9.1M-250.0%	-$4.2M+98.8%	-$29.4M-223.1%	-$13.4M+5.0%	-$2.6M+69.4%	-$351.3M-174.2%
Dividends Paid	$4.1M+5.1%	$3.8M0.0%	$4.0M+5.3%	$3.9M0.0%	$3.9M0.0%	$3.8M0.0%	$3.8M+0.6%	$3.9M+1.8%
Share Buybacks	$0-100.0%	$500K0.0%	$6.5M	$0-100.0%	$23.2M	$500K	$0	$1.8M-95.6%

AEIS Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

AEIS quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	37.7%+1.9pp	35.7%-0.1pp	35.8%-0.8pp	36.6%0.0pp	36.6%-1.7pp	38.3%-1.7pp	40.0%-10.9pp	50.9%-2.2pp	53.1%+0.8pp	52.3%-28.5pp	80.8%-0.6pp	81.5%-4.5pp	86.0%+34.0pp	52.0%-8.7pp	60.6%
Operating Margin	9.3%+6.9pp	2.5%-4.4pp	6.9%-5.8pp	12.6%+2.2pp	10.4%-2.0pp	12.4%+5.5pp	6.9%-17.0pp	23.9%-6.1pp	29.9%+3.7pp	26.2%-13.5pp	39.8%+2.5pp	37.3%+9.0pp	28.2%+19.8pp	8.5%-6.1pp	14.6%
Net Margin	8.3%+4.6pp	3.7%-4.1pp	7.8%-3.1pp	10.8%+1.6pp	9.3%-0.3pp	9.5%+1.3pp	8.2%-12.2pp	20.4%-0.1pp	20.5%-5.8pp	26.4%+85.4pp	-59.1%-79.4pp	20.3%+1.4pp	18.9%+12.6pp	6.4%-4.4pp	10.7%
Return on Equity	10.9%+6.4pp	4.5%-6.7pp	11.2%-7.5pp	18.7%+3.3pp	15.5%-1.1pp	16.5%+6.9pp	9.6%-14.6pp	24.2%-2.2pp	26.5%-6.0pp	32.5%+92.6pp	-60.1%-70.0pp	9.9%+3.0pp	6.9%+1.6pp	5.3%-3.6pp	8.9%
Return on Assets	5.8%+3.4pp	2.4%-2.6pp	5.0%-5.0pp	10.0%+2.6pp	7.4%-0.8pp	8.2%+3.9pp	4.2%-13.8pp	18.0%-0.8pp	18.8%-3.5pp	22.3%+56.6pp	-34.3%-41.1pp	6.9%+1.9pp	4.9%+1.1pp	3.8%-3.0pp	6.8%
Current Ratio	1.59-2.8x	4.42-0.7x	5.10+2.1x	3.02-0.1x	3.14-0.2x	3.31+0.6x	2.71-2.4x	5.15-0.5x	5.61+1.0x	4.61+1.5x	3.10-0.2x	3.35-0.1x	3.41-0.9x	4.330.0x	4.28
Debt-to-Equity	0.42-0.1x	0.47-0.3x	0.78+0.5x	0.33-0.1x	0.43+0.1x	0.37-0.1x	0.48+0.1x	0.34-0.1x	0.410.0x	0.46-0.3x	0.75+0.3x	0.440.0x	0.410.0x	0.38+0.1x	0.31
Asset Turnover	0.71+0.1x	0.660.0x	0.65-0.3x	0.93+0.1x	0.80-0.1x	0.86+0.3x	0.51-0.4x	0.880.0x	0.92+0.1x	0.85+0.3x	0.58+0.2x	0.34+0.1x	0.26-0.3x	0.600.0x	0.63
FCF Margin	7.0%+2.0pp	5.0%-3.9pp	8.9%+2.2pp	6.8%-0.9pp	7.6%-4.0pp	11.6%+8.7pp	2.9%-15.3pp	18.2%-7.7pp	25.9%+2.6pp	23.3%-14.3pp	37.5%+5.6pp	31.9%+12.6pp	19.3%-11.8pp	31.1%+25.5pp	5.7%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Gross Margin	41.1%+4.1pp	39.3%+2.1pp	38.6%+1.4pp	37.6%+1.8pp	37.0%+2.0pp	37.2%+2.7pp	37.2%+2.0pp	35.8%-0.1pp
Operating Margin	16.6%+9.4pp	13.4%+5.8pp	11.6%+3.4pp	10.6%+13.6pp	7.2%+3.6pp	7.6%+7.3pp	8.1%+4.7pp	-2.9%-10.3pp
Net Margin	9.4%+3.7pp	13.1%+7.0pp	10.7%-1.1pp	10.0%+14.0pp	5.7%+1.7pp	6.1%+4.5pp	11.8%+2.5pp	-4.0%-12.0pp
Return on Equity	3.7%+1.7pp	4.8%+2.8pp	3.8%-0.2pp	3.5%+4.8pp	2.0%+0.7pp	2.0%+1.5pp	4.1%+0.8pp	-1.3%-4.3pp
Return on Assets	1.6%+0.5pp	2.6%+1.5pp	2.1%-0.1pp	1.9%+2.6pp	1.1%+0.5pp	1.1%+0.9pp	2.2%+0.7pp	-0.7%-2.0pp
Current Ratio	3.79-0.3x	1.59-2.8x	1.59-2.8x	4.10-0.5x	4.09-1.4x	4.43-1.2x	4.42-0.7x	4.62-0.7x
Debt-to-Equity	0.78+0.3x	0.410.0x	0.42-0.1x	0.43-0.1x	0.45-0.3x	0.46-0.3x	0.47-0.3x	0.48-0.3x
Asset Turnover	0.170.0x	0.200.0x	0.190.0x	0.190.0x	0.190.0x	0.180.0x	0.180.0x	0.170.0x
FCF Margin	6.2%+2.3pp	-8.3%-12.0pp	8.8%-8.0pp	11.0%+5.2pp	3.9%+6.1pp	3.7%+6.6pp	16.8%-0.4pp	5.8%-8.7pp

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Advanced Energy Industries Inc AEIS	FY2025	$1.8B	$148.4M	8.3%	$11.0B	59/100
EnerSys, Inc. ENS	FY2026	$3.8B	$293.6M	7.8%	$6.5B	61/100
Powell Industries Inc POWL	FY2025	$1.1B	$180.7M	16.4%	$7.0B	72/100
Hayward Holdings, Inc. HAYW	FY2025	$1.1B	$151.6M	13.5%	$2.4B	67/100
Atkore Inc. ATKR	FY2025	$2.9B	-$15.2M	-0.5%	$3.2B	55/100
Eos Energy Enterprises, Inc. EOSE	FY2025	$114.2M	-$969.6M	N/A	$917.7M	43/100

Where Advanced Energy Industries Inc Ranks

Frequently Asked Questions

What is Advanced Energy Industries Inc's annual revenue?

Advanced Energy Industries Inc (AEIS) reported $1.8B in total revenue for fiscal year 2025. This represents a 21.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Advanced Energy Industries Inc's revenue growing?

Advanced Energy Industries Inc (AEIS) revenue grew by 21.4% year-over-year, from $1.5B to $1.8B in fiscal year 2025.

Is Advanced Energy Industries Inc profitable?

Yes, Advanced Energy Industries Inc (AEIS) reported a net income of $148.4M in fiscal year 2025, with a net profit margin of 8.3%.

What is Advanced Energy Industries Inc's EBITDA?

Advanced Energy Industries Inc (AEIS) had EBITDA of $230.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Advanced Energy Industries Inc have?

As of fiscal year 2025, Advanced Energy Industries Inc (AEIS) had $791.2M in cash and equivalents against $567.5M in long-term debt.

What is Advanced Energy Industries Inc's gross margin?

Advanced Energy Industries Inc (AEIS) had a gross margin of 37.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Advanced Energy Industries Inc's operating margin?

Advanced Energy Industries Inc (AEIS) had an operating margin of 9.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Advanced Energy Industries Inc's net profit margin?

Advanced Energy Industries Inc (AEIS) had a net profit margin of 8.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Advanced Energy Industries Inc pay dividends?

Yes, Advanced Energy Industries Inc (AEIS) paid $0.10 per share in dividends during fiscal year 2025.

What is Advanced Energy Industries Inc's return on equity (ROE)?

Advanced Energy Industries Inc (AEIS) has a return on equity of 10.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Advanced Energy Industries Inc's free cash flow?

Advanced Energy Industries Inc (AEIS) generated $125.9M in free cash flow during fiscal year 2025. This represents a 70.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Advanced Energy Industries Inc's operating cash flow?

Advanced Energy Industries Inc (AEIS) generated $233.3M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Advanced Energy Industries Inc's total assets?

Advanced Energy Industries Inc (AEIS) had $2.5B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Advanced Energy Industries Inc's capital expenditures?

Advanced Energy Industries Inc (AEIS) invested $107.4M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does Advanced Energy Industries Inc spend on research and development?

Advanced Energy Industries Inc (AEIS) invested $232.4M in research and development during fiscal year 2025.

Does Advanced Energy Industries Inc buy back shares?

Yes, Advanced Energy Industries Inc (AEIS) spent $30.2M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Advanced Energy Industries Inc have outstanding?

Advanced Energy Industries Inc (AEIS) had 38M shares outstanding as of fiscal year 2025.

What is Advanced Energy Industries Inc's current ratio?

Advanced Energy Industries Inc (AEIS) had a current ratio of 1.59 as of fiscal year 2025, which is generally considered healthy.

What is Advanced Energy Industries Inc's debt-to-equity ratio?

Advanced Energy Industries Inc (AEIS) had a debt-to-equity ratio of 0.42 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Advanced Energy Industries Inc's return on assets (ROA)?

Advanced Energy Industries Inc (AEIS) had a return on assets of 5.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Advanced Energy Industries Inc's P/E ratio?

Advanced Energy Industries Inc (AEIS) trades at 50.3x earnings, its market capitalization divided by net income of $219.4M net income, trailing 12 months to June 30, 2026. The market capitalization is $11.0B as of Oct 13, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Advanced Energy Industries Inc's price-to-sales ratio?

Advanced Energy Industries Inc (AEIS) trades at 5.4x sales, its market capitalization divided by revenue of $2.0B revenue, trailing 12 months to June 30, 2026. The market capitalization is $11.0B as of Oct 13, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Advanced Energy Industries Inc's Altman Z-Score?

Advanced Energy Industries Inc (AEIS) has an Altman Z-Score of 7.46, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Advanced Energy Industries Inc's Piotroski F-Score?

Advanced Energy Industries Inc (AEIS) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Advanced Energy Industries Inc's earnings high quality?

Advanced Energy Industries Inc (AEIS) has an earnings quality ratio of 1.57x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Advanced Energy Industries Inc cover its interest payments?

Advanced Energy Industries Inc (AEIS) has an interest coverage ratio of 10.06x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Advanced Energy Industries Inc?

Advanced Energy Industries Inc (AEIS) scores 59 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.