Advanced Energy Industries Inc
AEIS- Exchange
- Nasdaq
- Industry
- Electronic Components, NEC
- SEC CIK
- 0000927003
In the last 90 days, Advanced Energy Industries Inc insiders filed 0 open-market purchases and 8 sales; 686 institutions reported holding it in 13F filings for Q2 2026, worth $15.0B in total; Maverick Capital is the only superinvestor holding it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Nov 3, 2026, 1:10 AM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 10, 2026 | Feb 12, 2025 | Feb 6, 2024 | Feb 8, 2023 | Feb 9, 2022 |
| Revenue | $1.80B | $1.48B | $1.66B | $1.85B | $1.46B |
| Cost of revenue | $1.12B | $952.7M | $1.06B | $1.17B | $923.6M |
| Gross profit | $677.4M | $529.3M | $592.4M | $675.5M | $532.3M |
| Operating expenses | $509.4M | $492.7M | $478.7M | $442.4M | $380.6M |
| Research and development | $232.4M | $211.8M | $202.4M | $191.0M | $161.8M |
| Selling, general and administrative | $242.4M | $224.5M | $221.0M | $218.5M | $192.0M |
| Operating income | $168.0M | $36.6M | $113.7M | $233.1M | $151.7M |
| Interest expense | $16.7M | $25.1M | $16.6M | $6.61M | $3.97M |
| Income tax | $19.4M | -$3.93M | -$8.29M | $39.9M | $14.0M |
| Net income | $148.4M | $54.2M | $128.3M | $199.7M | $134.7M |
| EPS, basic | $3.95 | $1.45 | $3.42 | $5.33 | $3.53 |
| EPS, diluted | $3.84 | $1.43 | $3.40 | $5.29 | $3.51 |
| Weighted shares, basic | 37.6M | 37.5M | 37.5M | 37.5M | 38.1M |
| Weighted shares, diluted | 38.6M | 37.8M | 37.8M | 37.7M | 38.4M |
| Margins and growth | |||||
| Gross margin | 37.7% | 35.7% | 35.8% | 36.6% | 36.6% |
| Operating margin | 9.3% | 2.5% | 6.9% | 12.6% | 10.4% |
| Net margin | 8.2% | 3.7% | 7.7% | 10.8% | 9.3% |
| Revenue growth, year over year | +21.4% | −10.5% | −10.3% | +26.8% | +2.8% |
| Net income growth, year over year | +173.7% | −57.7% | −35.7% | +48.2% | 0.0% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 10, 2026 | Feb 12, 2025 | Feb 6, 2024 | Feb 8, 2023 | Feb 9, 2022 |
| Cash and equivalents | $791.2M | $722.1M | $1.04B | $458.8M | $544.4M |
| Short-term investments | – | – | – | – | $2.30M |
| Accounts receivable | $325.2M | $265.3M | $282.4M | – | – |
| Inventory | $411.2M | $360.4M | $336.1M | $376.0M | $338.4M |
| Total current assets | $1.57B | $1.39B | $1.71B | $1.19B | $1.16B |
| Property, plant and equipment | $272.8M | $185.6M | $167.7M | $148.5M | $114.8M |
| Goodwill | $300.8M | $296.0M | $283.8M | $281.4M | $212.2M |
| Intangible assets | $117.7M | $139.4M | $161.5M | $189.5M | $159.4M |
| Total assets | $2.55B | $2.26B | $2.56B | $1.99B | $1.82B |
| Accounts payable | $224.1M | $143.5M | $141.8M | $170.5M | $193.7M |
| Short-term debt | $567.5M | – | $20.0M | $20.0M | $20.0M |
| Total current liabilities | $991.2M | $314.2M | $335.8M | $393.0M | $370.2M |
| Long-term debt | $567.5M | $564.7M | $895.7M | $353.3M | $372.7M |
| Total liabilities | $1.18B | $1.06B | $1.41B | $925.9M | $945.8M |
| Shareholders' equity | $1.36B | $1.20B | $1.14B | $1.07B | $871.5M |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 10, 2026 | Feb 12, 2025 | Feb 6, 2024 | Feb 8, 2023 | Feb 9, 2022 |
| Operating cash flow | $233.3M | $130.7M | $208.9M | $183.6M | $140.2M |
| Capital expenditures | $107.4M | $56.8M | $61.0M | $58.9M | $31.9M |
| Free cash flow | $125.9M | $74.0M | $147.9M | $124.7M | $108.4M |
| Depreciation and amortization | $62.0M | $68.5M | $66.5M | $60.3M | $52.9M |
| Stock-based compensation | $55.7M | $45.9M | $31.0M | $19.8M | $15.7M |
| Dividends paid | $15.6M | $15.4M | $15.2M | $15.2M | $15.4M |
| Share buybacks | $30.2M | $1.77M | $40.0M | $26.6M | $78.1M |
| Investing cash flow | -$109.8M | -$73.5M | -$64.8M | -$208.3M | -$47.3M |
| Financing cash flow | -$56.1M | -$377.1M | $445.7M | -$61.9M | -$25.4M |
| Net change in cash | $69.1M | -$322.5M | $585.7M | -$85.6M | $64.0M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 3.1% | 3.1% | 1.9% | 1.1% | 1.1% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Oct 28, 2026 | 40.5M | +7.2% | SEC |
| Jul 29, 2026 | 40.1M | +6.2% | SEC |
| Apr 29, 2026 | 38.0M | +1.0% | SEC |
| Feb 4, 2026 | 37.8M | +0.1% | SEC |
| Oct 31, 2025 | 37.7M | +0.2% | SEC |
| Jul 31, 2025 | 37.7M | +0.1% | SEC |
| Apr 29, 2025 | 37.7M | +0.6% | SEC |
| Feb 6, 2025 | 37.7M | +1.1% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.