MARKETS / NASDAQ / AEIS

NASDAQ · ELECTRONIC COMPONENTS, NEC · LARGE CAP

Advanced Energy Industries Inc. AEIS

17 fiscal years on record · USD · FY2025 reported · SEC filings only

Revenue

$1.8B

▲ 21.4% YoY

Net income

$148.4M

▲ 173.8% YoY

Free cash flow

$125.9M

▲ 70.1% YoY

In brief

What this company does

Advanced Energy provides highly engineered, critical, precision power conversion, measurement, and control solutions to its global customers. The company designs, manufactures, sells and services precision power products that transform, refine, and modify raw electrical power into various types of controllable, usable power for a wide range of complex equipment. During the year ended December 31, 2025, three customers accounted for 23%, 19%, and 12% of the company's total revenue, respectively. The company manufactures its products primarily in factories in the Philippines, Malaysia, and Mexico. The company has approximately 13,000 employees, located in the Asia-Pacific region, Europe, and North America. The company is organized on a global, functional basis and operates as a single segment of power electronics conversion products, with products sold in the Semiconductor Equipment, Data Center Computing, Industrial and Medical, and Telecom and Networking markets. The company incorporated in Colorado in 1981 and reincorporated in Delaware in 1995.

Written from the business description in ADVANCED ENERGY INDUSTRIES INC's annual report to the U.S. Securities and Exchange Commission, filed 13 February 2026. Every sentence was checked against that document before publication.

Growth

USD 1.8B

Revenue, FY2025 · full 17-year series below

Revenue $B Net income $B

FY2025 · Revenue 1.8 · Net income 0.1

Compound annual growth

Revenue

−0.8%

+4.9%

+15.8%

+9.5%

EPS, diluted

−10.1%

+1.9%

Dividend / share

+0.0%

Returned to shareholders

+3.1%

+31.5%

+0.1%

3 yrs

5 yrs

10 yrs

15 yrs

Revenue compounded at +4.9% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

8 cents

of every revenue dollar became profit

Operating margin Net margin

FY2025 · Operating 9.3% · Net 8.2%

ROE

FY2025 · ROE 11.6%

Gross margin37.7%

Operating margin9.3%

Net margin8.2%

Return on assets6.2%

EBITDAUSD 230.0M

Each USD of equity produced 12 cents of profit this year.

Cash & shareholders

USD 45.8M

returned in FY2025 · dividends + net buybacks

Free cash flow $M

FY2025 · FCF 125.9

Net buybacks $M Dividends $M

FY2025 · Dividends 15.6 · Net buybacks 30.2

Dividends paidUSD 15.6M

Net buybacksUSD 30.2M

Share of profit30.9%

Consecutive raises—

USD 15.6M in dividends and USD 30.2M in buybacks — 31% of the year's profit went back to shareholders.

Total assetsUSD 2.5B

EquityUSD 1.4B

CashUSD 791.2M

Gross debtUSD 1.1B

Net debtUSD 343.8M

Current ratio1.59×

Net debt stands at 25% of equity.

The 17-year record

17 fiscal years

Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Revenue $B	1.8	1.5	1.7	1.8	1.5	1.4	0.8	0.7	0.7	0.5	0.4	0.4	0.3	0.5	0.5	0.5	0.2
Operating income $B	0.2	0.0	0.1	0.2	0.2	0.2	0.1	0.2	0.2	0.1	0.1	0.1	0.0	0.0	0.0	0.1	−0.1
EBITDA $B	0.2	0.1	0.2	0.3	0.2	0.2	0.1	0.2	0.2	0.1	0.1	0.1	0.1	0.0	0.1	0.1	−0.1
Income tax $B	0.0	−0.0	−0.0	0.0	0.0	0.0	0.0	0.0	0.1	0.0	0.0	0.0	−0.0	0.0	0.0	0.0	0.0
Net income $B	0.1	0.1	0.1	0.2	0.1	0.1	0.1	0.1	0.1	0.1	−0.2	0.0	0.0	0.0	0.0	0.1	−0.1
Free cash flow $B	0.1	0.1	0.1	0.1	0.1	0.2	0.0	0.1	0.2	0.1	0.1	0.1	0.0	0.1	0.0	−0.0	0.0
EPS, diluted $	3.84	1.43	3.40	5.29	3.51	3.50	1.69	3.74	3.43	3.18	−3.89	1.14	0.79	0.52	0.83	1.64	−2.45
Dividend / sh $	0.10	0.10	0.10	0.10	0.10	·	·	·	·	·	·	·	·	·	·	·	·
Payout %	11	28	12	8	11	·	·	·	·	·	·	·	·	·	·	·	·
ROE %	11.6	4.6	11.6	20.6	16.0	18.1	10.1	26.1	30.2	38.9	−42.9	10.0	7.5	5.2	9.3	21.8	−36.9
Shares out B	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.00	0.04	·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance

Company facts, as filed

How we verify · 0 failures in 83 reconciliationsAUDITED

Reconciled in 17 of 19 fiscal years. 12 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures

ActivityElectronic Components, NEC

Listed onNASDAQ

Incorporated inDelaware

Fiscal year endsDecember 31

Data on record since2009