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ADVANCED ENERGY INDUSTRIES INC

CIK: 927003 SIC: 3679
$1.80B
Revenue
$148.40M
Net Income
37.66%
Gross Margin
9.34%
Op. Margin
$173.00M
Free Cash Flow
Financial Statements Quarterly (10-Q)
Showing 14 of 43 quarterly reports available
Breakdown Q4 2025
(Dec 31, 2025)
Q3 2025
(Sep 30, 2025)
Q2 2025
(Jun 30, 2025)
Q1 2025
(Mar 31, 2025)
Q4 2024
(Dec 31, 2024)
Q3 2024
(Sep 30, 2024)
Q2 2024
(Jun 30, 2024)
Q1 2024
(Mar 31, 2024)
Q4 2023
(Dec 31, 2023)
Q3 2023
(Sep 30, 2023)
Q2 2023
(Jun 30, 2023)
Q1 2023
(Mar 31, 2023)
Q4 2022
(Dec 31, 2022)
Q3 2022
(Sep 30, 2022)
+ Total Revenue $489.40M $463.30M $441.50M $404.60M $415.40M $374.22M $364.95M $327.48M $405.27M $409.99M $415.51M $425.04M $490.74M $516.27M
Revenue Growth % (YoY) 17.8% 23.8% 21.0% 23.6% 2.5% -8.7% -12.2% -23.0% -17.4% -20.6% nan% nan% nan% nan%
Cost of Revenue $300.30M $288.90M $278.10M $254.10M $260.80M $240.15M $237.21M $214.65M $262.40M $262.65M $268.43M $269.93M $312.93M $325.06M
+ Gross Profit $189.10M $174.40M $163.40M $150.50M $154.60M $134.07M $127.74M $112.83M $142.87M $147.34M $147.08M $155.11M $177.81M $191.22M
Gross Margin % 38.6% 37.6% 37.0% 37.2% 37.2% 35.8% 35.0% 34.5% 35.3% 35.9% 35.4% 36.5% 36.2% 37.0%
Operating Expenses $132.50M $125.20M $131.80M $119.90M $120.80M $145.12M $114.77M $112.15M $129.10M $117.28M $117.25M $115.07M $119.71M $113.65M
Research & Development $60.10M $59.10M $59.00M $54.20M $56.10M $53.56M $52.34M $49.84M $49.02M $50.39M $51.41M $51.61M $49.64M $49.76M
Selling General & Admin $63.40M $59.80M $60.20M $59.00M $58.20M $56.24M $55.01M $55.12M $54.93M $55.13M $55.61M $55.36M $57.41M $56.72M
+ Operating Income $56.60M $49.20M $31.60M $30.60M $33.80M $-11.05M $12.97M $677.00K $13.77M $30.06M $29.82M $40.04M $58.10M $77.57M
Operating Margin % 11.6% 10.6% 7.2% 7.6% 8.1% -3.0% 3.6% 0.2% 3.4% 7.3% 7.2% 9.4% 11.8% 15.0%
Interest Expense $4.10M $4.20M $4.20M $4.20M $4.60M $6.38M $6.96M $7.13M $7.20M $8.06M $5.29M $2.59M $4.36M $2.96M
Interest Income $6.50M $6.60M $6.60M $6.90M $7.20M $11.02M $12.12M $12.64M $12.81M - - - - -
Other Income/Expense $-1.80M $700.00K $-4.70M $-3.40M $4.10M $-8.14M $638.00K $1.38M $-8.10M $4.46M $2.42M $-550.00K $477.00K $8.94M
Income Before Tax $57.20M $52.30M $29.30M $29.90M $40.50M $-14.55M $18.77M $7.57M $16.20M $34.52M $32.25M $39.49M $55.40M $86.51M
Income Tax Expense $4.70M $5.90M $3.80M $5.00M $-8.50M $-400.00K $3.17M $1.79M $-21.69M $874.00K $4.79M $7.74M $10.05M $11.64M
+ Net Income $52.30M $46.20M $25.20M $24.70M $48.87M $-14.90M $15.03M $5.22M $37.50M $32.72M $27.14M $30.92M $43.74M $74.17M
Net Margin % 10.7% 10.0% 5.7% 6.1% 11.8% -4.0% 4.1% 1.6% 9.3% 8.0% 6.5% 7.3% 8.9% 14.4%
Basic EPS 1.39 1.23 0.67 0.66 1.31 -0.40 0.40 0.14 1.00 0.87 0.72 0.83 1.17 1.98
Diluted EPS 1.32 1.20 0.67 0.65 1.29 -0.40 0.40 0.14 1.00 0.86 0.72 0.82 1.16 1.97
Basic Shares Outstanding - 37.6M 37.6M 37.6M -24K 37.5M 37.5M 37.4M -61K 37.6M 37.6M 37.5M -19K 37.4M
Diluted Shares Outstanding - 38.5M 37.8M 38.1M 39K 37.5M 37.8M 37.7M -92K 37.9M 37.8M 37.8M -4K 37.6M
Breakdown Q4 2025
(Dec 31, 2025)
Q3 2025
(Sep 30, 2025)
Q2 2025
(Jun 30, 2025)
Q1 2025
(Mar 31, 2025)
Q4 2024
(Dec 31, 2024)
Q3 2024
(Sep 30, 2024)
Q2 2024
(Jun 30, 2024)
Q1 2024
(Mar 31, 2024)
Q4 2023
(Dec 31, 2023)
Q3 2023
(Sep 30, 2023)
Q2 2023
(Jun 30, 2023)
Q1 2023
(Mar 31, 2023)
Q4 2022
(Dec 31, 2022)
Q3 2022
(Sep 30, 2022)
Cash & Cash Equivalents $791.20M $758.60M $713.50M $723.00M $722.10M $657.29M $986.15M $1.02B $1.04B $985.93M $455.25M $461.67M $458.82M $409.05M
Accounts Receivable $325.20M $299.50M $304.00M $276.70M $265.30M $259.40M $262.42M $247.51M $282.43M - - - $300.68M -
Inventory $411.20M $399.70M $397.90M $368.80M $360.40M $377.74M $383.14M $361.34M $336.14M $364.00M $392.35M $401.53M $376.01M $409.42M
Other Current Assets $46.30M $44.90M $44.10M $45.70M $41.50M $51.28M $46.13M $44.99M $48.77M $53.19M $46.85M $55.49M $53.00M $56.29M
Total Current Assets $1.57B $1.50B $1.46B $1.41B $1.39B $1.35B $1.68B $1.67B $1.71B $1.67B $1.15B $1.21B $1.19B $1.18B
Property Plant & Equipment $272.80M $239.80M $218.40M $193.80M $185.60M $181.88M $180.62M $175.45M $167.66M $161.67M $159.03M $152.76M $148.46M $136.50M
Goodwill $300.80M $300.70M $300.90M $297.30M $296.00M $299.04M $297.33M $280.83M $283.84M $281.71M $282.69M $282.56M $281.43M $279.23M
Intangible Assets $117.70M $123.10M $128.70M $134.00M $139.40M $145.29M $151.76M $154.39M $161.48M $168.21M $175.49M $182.59M $189.53M $195.81M
Total Assets $2.55B $2.44B $2.38B $2.30B $2.26B $2.19B $2.54B $2.52B $2.56B $2.49B $1.95B $2.01B $1.99B $1.97B
Accounts Payable $224.10M $194.70M $191.60M $156.70M $143.50M $133.01M $157.52M $137.93M $141.85M $140.32M $149.26M $185.84M $170.47M $219.77M
Total Current Liabilities $991.20M $366.50M $356.90M $319.20M $314.30M $291.51M $306.84M $297.99M $335.85M $314.81M $303.43M $384.26M $393.04M $432.95M
Long-term Debt $567.50M $566.80M $566.10M $565.40M $564.70M $564.00M $887.31M $891.50M $895.68M $899.85M $343.52M $348.39M $353.26M $358.13M
Deferred Tax Liabilities - - - - - - - - - - - - - $9.19M
Other Non-current Liabilities $38.90M $38.70M $37.40M $35.10M $37.50M $42.32M $37.54M $43.30M $42.58M $44.08M $44.38M $43.97M $41.10M $31.04M
Total Liabilities $1.18B $1.12B $1.12B $1.07B $1.06B $1.03B $1.38B $1.38B $1.41B $1.39B $824.63M $912.79M $925.90M $984.11M
Retained Earnings $1.13B $1.09B $1.05B $1.05B $1.03B $981.74M $1.00B $991.06M $989.73M $956.16M $965.74M $942.38M $915.27M $875.97M
Total Stockholders Equity $1.36B $1.31B $1.26B $1.23B $1.20B $1.16B $1.17B $1.14B $1.14B $1.10B $1.13B $1.10B $1.07B $989.29M
Total Liabilities & Equity $2.55B $2.44B $2.38B $2.30B $2.26B $2.19B $2.54B $2.52B $2.56B $2.49B $1.95B $2.01B $1.99B $1.97B
Breakdown Q4 2025
(Dec 31, 2025)
Q3 2025
(Sep 30, 2025)
Q2 2025
(Jun 30, 2025)
Q1 2025
(Mar 31, 2025)
Q4 2024
(Dec 31, 2024)
Q3 2024
(Sep 30, 2024)
Q2 2024
(Jun 30, 2024)
Q1 2024
(Mar 31, 2024)
Q4 2023
(Dec 31, 2023)
Q3 2023
(Sep 30, 2023)
Q2 2023
(Jun 30, 2023)
Q1 2023
(Mar 31, 2023)
Q4 2022
(Dec 31, 2022)
Q3 2022
(Sep 30, 2022)
Net Income $52.30M $46.20M $25.20M $24.70M $48.87M $-14.90M $20.25M $5.22M $37.50M $32.72M $27.14M $30.92M $43.74M $74.17M
Depreciation & Amortization $15.20M $46.80M $31.70M $16.10M $16.70M $51.82M $33.92M $16.95M $16.77M $49.76M $32.97M $16.52M $15.86M $44.43M
Stock-based Compensation $14.50M $14.60M $13.60M $13.00M $11.70M $34.30M $22.39M $11.01M $8.19M $22.81M $14.74M $6.80M $4.84M $15.01M
Deferred Income Tax - - - - $-20.80M $305.00K $-42.00K $-9.00K $-32.94M - - - - -
Change in Receivables $26.20M $31.20M $34.90M $10.70M $9.00M $-23.60M $-18.39M $-33.44M $11.85M $-35.13M $-46.04M $-13.59M $-8.96M $68.59M
Change in Inventory $12.00M $35.40M $32.60M $7.30M $-13.30M $41.19M $49.26M $26.79M $-30.27M $-9.03M $17.69M $25.70M $-38.16M $70.41M
Change in Payables $28.80M $50.50M $49.70M $15.40M $8.20M $-8.78M $14.33M $-3.00M $123.00K $-26.20M $-17.45M $16.77M $-50.33M $21.63M
Operating Cash Flow $80.50M $152.80M $74.10M $28.90M $82.60M $48.06M $14.00M $7.28M $84.00M $124.93M $52.41M $29.81M $70.69M $112.90M
Capital Expenditure $37.50M $69.90M $42.00M $13.90M $12.80M $44.05M $31.41M $16.63M $14.22M $46.78M $33.62M $16.21M $19.38M $39.51M
Acquisitions - - - - - $13.76M $13.76M - - - - - $3.61M $145.78M
Purchases of Investments - - - - - - - - - $3.45M $3.13M - - -
Investing Cash Flow $-37.90M $-71.90M $-43.60M $-15.10M $-13.10M $-60.51M $-47.57M $-18.72M $-14.52M $-50.23M $-36.75M $-16.21M $-22.99M $-185.29M
Stock Repurchased $6.50M $23.70M $23.70M $500.00K - $1.77M - - - $40.00M - - $680.00K $25.95M
Dividends Paid $4.00M $11.60M $7.70M $3.80M $3.80M $11.53M $7.66M $3.81M $3.80M $11.42M $7.59M $3.81M $3.80M $11.41M
Financing Cash Flow $-9.10M $-47.00M $-42.80M $-13.40M $-2.60M $-374.43M $-23.16M $-14.14M $-8.52M $454.20M $-18.98M $-10.80M $-8.09M $-53.77M
Net Change in Cash $32.60M $36.50M $-8.60M $900.00K $64.70M $-387.27M $-58.41M $-26.78M $58.62M $527.11M $-3.57M $2.85M $49.77M $-135.32M
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $463.30M - $1.31B -
Cost of Revenue $288.90M - $821.10M -
Gross Profit $174.40M - $488.30M -
Operating Expenses $125.20M - $376.90M -
Research & Development $59.10M - $172.30M -
Selling General & Admin $59.80M - $179.00M -
Operating Income $49.20M - $111.40M -
Interest Expense $4.20M - $12.60M -
Interest Income $6.60M - $20.10M -
Other Income/Expense $700.00K - $-7.40M -
Income Before Tax $52.30M - $111.50M -
Income Tax Expense $5.90M - $14.70M -
Net Income $46.20M $14.80M $96.10M -
Basic EPS 1.23 - 2.56 -
Diluted EPS 1.20 - 2.52 -
Basic Shares Outstanding $37.60M - $37.60M -
Diluted Shares Outstanding $38.50M - $38.10M -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $758.60M $722.10M
Accounts Receivable $299.50M $265.30M
Inventory $399.70M $360.40M
Other Current Assets $44.90M $41.50M
Total Current Assets $1.50B $1.39B
Property Plant & Equipment $239.80M $185.60M
Goodwill $300.70M $296.00M
Intangible Assets $123.10M $139.40M
Total Assets $2.44B $2.26B
Accounts Payable $194.70M $143.50M
Total Current Liabilities $366.50M $314.30M
Long-term Debt $566.80M $564.70M
Other Non-current Liabilities $38.70M $37.50M
Total Liabilities $1.12B $1.06B
Retained Earnings $1.09B $1.03B
Total Stockholders Equity $1.31B $1.20B
Total Liabilities & Equity $2.44B $2.26B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $46.20M $14.80M $96.10M -
Depreciation & Amortization - - $46.80M -
Stock-based Compensation $14.60M - $41.20M -
Change in Receivables - - $31.20M -
Change in Inventory - - $35.40M -
Change in Payables - - $50.50M -
Operating Cash Flow - - $152.80M -
Capital Expenditure - - $69.90M -
Investing Cash Flow - - $-71.90M -
Stock Repurchased - - $23.70M -
Dividends Paid - - $11.60M -
Financing Cash Flow - - $-47.00M -
Net Change in Cash - - $36.50M -

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-Q filings.

Quarterly data represents single quarter results (Q1-Q4). Some items may show year-to-date values if quarterly breakdown is unavailable.

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