Advanced Energy Industries financials
$283.30+1.97%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.80B | $1.48B | $1.66B | $1.85B | $1.46B | $1.42B | $788.9M | $718.9M | $671.0M | $483.7M |
| Gross profit | $677.4M | $529.3M | $592.4M | $675.5M | $532.3M | $541.9M | $315.7M | $365.6M | $356.4M | $253.1M |
| Gross margin | 37.7% | 35.7% | 35.8% | 36.6% | 36.6% | 38.3% | 40.0% | 50.9% | 53.1% | 52.3% |
| Operating income | $168.0M | $36.6M | $113.7M | $233.1M | $151.7M | $176.0M | $54.4M | $171.6M | $200.8M | $126.9M |
| Net income | $148.4M | $54.2M | $128.3M | $199.7M | $134.7M | $134.7M | $64.9M | $147.0M | $137.9M | $127.5M |
| Net margin | 8.2% | 3.7% | 7.7% | 10.8% | 9.3% | 9.5% | 8.2% | 20.5% | 20.5% | 26.3% |
| Diluted EPS | $3.84 | $1.43 | $3.40 | $5.29 | $3.51 | $3.50 | $1.69 | $3.74 | $3.43 | $3.18 |
| EBITDA | $242.5M | $135.4M | $207.2M | $300.2M | $209.3M | $237.0M | $85.6M | $189.4M | $210.2M | $134.7M |
| Operating cash flow | $233.3M | $130.8M | $208.9M | $183.6M | $140.2M | $200.2M | $44.1M | $151.3M | $182.7M | $119.3M |
| Free cash flow | $125.9M | $74.0M | $147.9M | $124.7M | $111.4M | $163.9M | $18.9M | $130.9M | $173.7M | $112.5M |
| Diluted shares | 38.6M | 37.8M | 37.8M | 37.7M | 38.4M | 38.5M | 38.5M | 39.4M | 40.2M | 40.0M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $791.2M | $722.1M | $1.04B | $458.8M | $544.4M | $480.4M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | $2.7M |
| Total debt | $567.5M | $576.2M | $915.7M | $373.3M | $392.7M | $322.0M |
| Total assets | $2.55B | $2.26B | $2.56B | $1.99B | $1.82B | $1.65B |
| Total liabilities | $1.18B | $1.06B | $1.41B | $925.9M | $945.8M | $832.3M |
| Shareholders' equity | $1.37B | $1.20B | $1.14B | $1.07B | $871.5M | $815.3M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology