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Nasdaq · Technology

ADVANCED ENERGY INDUSTRIES INC (AEIS)

As-reported financials and SEC filings for ADVANCED ENERGY INDUSTRIES INC. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About ADVANCED ENERGY INDUSTRIES INC

Advanced Energy Industries Inc designs, manufactures, and services precision power conversion, measurement, and control products. Its products transform raw electrical power into controllable power used in semiconductor equipment, data center computing, industrial and medical devices, and telecom and networking markets. The company serves global original equipment manufacturers, distributors, and end customers with solutions that improve energy efficiency and process control.

Snapshot

Revenue
$1.80B
Revenue growth (YoY)
21.4%
Net income
$148.4M
Diluted EPS
$3.84
Gross margin
37.7%
Operating margin
9.3%
Net margin
8.2%
FCF margin
7.0%
ROE
10.9%
net income / fiscal-year-end equity
P/E
50.2×
trailing when available, otherwise FY EPS
Market cap
$10.93B
Long-term debt / equity
0.42×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Advanced Energy Industries

  • Revenue grew 21.4% to $1.8B in FY2025, after a 10.5% decline the year before.
  • Operating margin is 9.3% in FY2025, -1.1 pp against 10.4% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $574M, up 30.0% from Q2 FY2025.
  • Free cash flow was $126M in FY2025, 7.0% of revenue.
  • Net income rose 173.8% to $148M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Advanced Energy Industries’s fundamentals sit among the 625 Technology companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin37.7%
35th percentile of 509
Operating margin9.3%
66th percentile of 563
Net margin8.2%
66th percentile of 577
FCF margin7.0%
42nd percentile of 544
Revenue growth (YoY)+21.4%
74th percentile of 616
ROE10.9%
65th percentile of 540
P/E50.2×
74th percentile of 330
Long-term debt / equity0.42×
55th percentile of 278
Short interest2.61d
41st percentile of 622

No reported insider purchases (code P) in the last 90 days; 22 insider sales totaling $8.9M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 5 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
5
+6 quant / multi-strat
Initiated / added
9
4 new, 5 added
Reduced / exited
4
2 trimmed, 2 exited
Combined position
$785.7M
reported long value
InvestorAs ofPosition valueSharesChange
D. E. ShawquantQ2 2026$218.3M585.6KAdded
AQR Capital ManagementquantQ2 2026$177.9M478.8KAdded
Citadel AdvisorsquantQ2 2026$144.6M387.9KNew
Millennium ManagementquantQ2 2026$142.3M381.7KAdded
Renaissance TechnologiesquantQ2 2026$36.8M98.6KAdded
First Eagle Investment ManagementQ2 2026$34.1M91.5KAdded
Two Sigma InvestmentsquantQ2 2026$27.6M74.1KNew
Gotham Asset ManagementQ2 2026$2.4M6.4KReduced
Maverick CapitalQ2 2026$595,8461.6KNew
Polen Capital ManagementQ2 2026$560,4241.5KNew
Bridgewater AssociatesQ2 2026$461,9861.2KReduced

No longer held by: Point72 Asset Management (as of Q2 2026), Whale Rock Capital Management (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
22
$8.9M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-27
Vonne Elizabeth KarpinskiEVP, General CounselSell907$290.05$263K
2026-08-18
filed 2026-08-20
Acebedo Eduardo BernalEVP and COOSell5.1K$313.82$1.6M
2026-08-18
filed 2026-08-20
Acebedo Eduardo BernalEVP and COOSell4.0K$312.65$1.2M
2026-08-18
filed 2026-08-20
Acebedo Eduardo BernalEVP and COOSell3.1K$314.92$977K
2026-08-18
filed 2026-08-20
Acebedo Eduardo BernalEVP and COOSell3.0K$311.80$920K
2026-08-18
filed 2026-08-20
Acebedo Eduardo BernalEVP and COOSell2.2K$315.66$688K
2026-08-18
filed 2026-08-20
Acebedo Eduardo BernalEVP and COOSell1.4K$319.41$448K
2026-08-18
filed 2026-08-20
Acebedo Eduardo BernalEVP and COOSell1.3K$316.92$406K
2026-08-18
filed 2026-08-19
Vonne Elizabeth KarpinskiEVP, General CounselSell908$332.68$302K
2026-08-18
filed 2026-08-20
Acebedo Eduardo BernalEVP and COOSell720$320.81$231K
2026-08-18
filed 2026-08-20
Acebedo Eduardo BernalEVP and COOSell637$322.64$206K
2026-08-18
filed 2026-08-20
Acebedo Eduardo BernalEVP and COOSell568$310.75$177K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
1.7M
settled 2026-08-14
Change vs prior
-8.0%
vs previous settlement
Days to cover
2.61
at avg daily volume
Avg daily volume
662.3K
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-141.7M-8.0%2.61
2026-07-311.9M+5.2%2.51
2026-07-151.8M+19.3%2.82
2026-06-301.5M-42.7%1.15
2026-06-152.6M+15.0%3.01
2026-05-292.3M-15.9%2.01
2026-05-152.7M+14.6%2.59
2026-04-302.4M-5.1%3.80

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$1.80B$1.48B$1.66B$1.85B$1.46B
Gross profit$677.4M$529.3M$592.4M$675.5M$532.3M
Operating income$168.0M$36.6M$113.7M$233.1M$151.7M
Net income$148.4M$54.2M$128.3M$199.7M$134.8M
Diluted EPS$3.84$1.43$3.40$5.29$3.51

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$233.3M$130.8M$208.9M$183.6M$140.2M
Capital expenditure$107.4M$56.8M$61.0M$58.9M$28.8M
Free cash flow$125.9M$74.0M$147.9M$124.7M$111.4M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$574.1M30.0%$54.1M$1.28
Q1 FY2026$511.0M26.3%$66.8M$1.58
Q4 FY2025$489.4M17.8%$52.3M$1.30
Q3 FY2025$463.3M23.8%$46.2M$1.20
Q2 FY2025$441.5M21.0%$25.2M$0.67
Q1 FY2025$404.6M23.5%$24.7M$0.65
Q4 FY2024$415.4M2.5%$48.9M$1.29
Q3 FY2024$374.2M-8.7%$-14.9M$-0.40

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorTechnology
SIC industryElectronic Components, NEC
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2012
SEC CIK927003

Selected SEC filings

10-Q2026-08-03
View on EDGAR →
10-Q2026-05-04
View on EDGAR →
8-K2026-08-03
View on EDGAR →
8-K2026-06-12
View on EDGAR →
8-K2026-05-18
View on EDGAR →
8-K2026-05-14
View on EDGAR →

Largest Technology peers

All Technology companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.