Advanced Energy Industries, Inc. (AEIS) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 511M | 489.4M | 463.3M | 441.5M | 404.6M | 415.4M | 374.22M | 364.9M | 327.5M | 405.27M | 409.99M | 415.51M | 425.04M | 490.74M | 516.27M | 440.95M | 397.46M | 396.93M | 346.09M | 361.31M |
| Revenue Growth % | 26.3% | 17.81% | 23.81% | 20.99% | 23.54% | 2.5% | -8.73% | -12.18% | -22.95% | -17.42% | -20.59% | -5.77% | 6.94% | 23.63% | 49.17% | 22.04% | 13.04% | 7% | -11.15% | 6.31% |
| Cost of Goods Sold | 310.1M | 296.4M | 283.4M | 278.1M | 254.1M | 260.7M | 240.15M | 237.2M | 214.6M | 262.4M | 262.65M | 268.43M | 269.93M | 312.93M | 325.06M | 278.79M | 253.14M | 257.18M | 226.05M | 226.28M |
| COGS % of Revenue | 60.68% | 60.56% | 61.17% | 62.99% | 62.8% | 62.76% | 64.17% | 65% | 65.53% | 64.75% | 64.06% | 64.6% | 63.51% | 63.77% | 62.96% | 63.23% | 63.69% | 64.79% | 65.32% | 62.63% |
| Gross Profit | 200.9M | 193M | 179.9M | 163.4M | 150.5M | 154.71M | 134.07M | 127.7M | 112.9M | 142.87M | 147.34M | 147.08M | 155.11M | 177.81M | 191.22M | 162.16M | 144.32M | 139.75M | 120.04M | 135.03M |
| Gross Margin % | 39.32% | 39.44% | 38.83% | 37.01% | 37.2% | 37.24% | 35.83% | 35% | 34.47% | 35.25% | 35.94% | 35.4% | 36.49% | 36.23% | 37.04% | 36.77% | 36.31% | 35.21% | 34.68% | 37.37% |
| Gross Profit Growth % | 33.49% | 24.75% | 34.19% | 27.96% | 33.3% | 8.29% | -9.01% | -13.18% | -27.21% | -19.65% | -22.95% | -9.3% | 7.48% | 27.24% | 59.3% | 20.09% | 4.95% | -3.99% | -21.94% | 3.63% |
| Operating Expenses | 132.6M | 128.9M | 130.7M | 131.8M | 119.9M | 120.69M | 145.12M | 114.8M | 112M | 129.1M | 117.28M | 117.25M | 115.07M | 119.71M | 113.65M | 109.39M | 99.66M | 97.54M | 95.83M | 93.95M |
| OpEx % of Revenue | 25.95% | 26.34% | 28.21% | 29.85% | 29.63% | 29.05% | 38.78% | 31.46% | 34.2% | 31.85% | 28.61% | 28.22% | 27.07% | 24.39% | 22.01% | 24.81% | 25.07% | 24.57% | 27.69% | 26% |
| Selling, General & Admin | 62.3M | 63.4M | 59.9M | 60.2M | 59M | 58.16M | 56.24M | 55.1M | 55.1M | 54.93M | 55.13M | 55.61M | 55.36M | 57.41M | 56.72M | 55.02M | 49.32M | 48.78M | 48.37M | 48.11M |
| SG&A % of Revenue | 12.19% | 12.95% | 12.93% | 13.64% | 14.58% | 14% | 15.03% | 15.1% | 16.82% | 13.55% | 13.45% | 13.38% | 13.02% | 11.7% | 10.99% | 12.48% | 12.41% | 12.29% | 13.98% | 13.32% |
| Research & Development | 62.4M | 60.1M | 59.1M | 59M | 54.2M | 56.1M | 53.56M | 52.3M | 49.8M | 49.02M | 50.39M | 51.41M | 51.61M | 49.64M | 49.76M | 48.01M | 43.61M | 40.97M | 40.58M | 40.12M |
| R&D % of Revenue | 12.21% | 12.28% | 12.76% | 13.36% | 13.4% | 13.51% | 14.31% | 14.33% | 15.21% | 12.1% | 12.29% | 12.37% | 12.14% | 10.11% | 9.64% | 10.89% | 10.97% | 10.32% | 11.72% | 11.1% |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 68.3M | 64.1M | 49.2M | 31.6M | 30.6M | 34.01M | -11.05M | 12.9M | 900K | 13.77M | 30.06M | 29.82M | 40.04M | 58.1M | 77.57M | 52.77M | 44.66M | 42.21M | 24.21M | 41.08M |
| Operating Margin % | 13.37% | 13.1% | 10.62% | 7.16% | 7.56% | 8.19% | -2.95% | 3.54% | 0.27% | 3.4% | 7.33% | 7.18% | 9.42% | 11.84% | 15.03% | 11.97% | 11.24% | 10.63% | 6.99% | 11.37% |
| Operating Income Growth % | 123.2% | 88.47% | 545.33% | 144.96% | 3300% | 146.99% | -136.75% | -56.75% | -97.75% | -76.3% | -61.25% | -43.48% | -10.34% | 37.65% | 220.43% | 28.44% | 1.08% | -24.33% | -58.94% | 15.8% |
| EBITDA | 68.3M | 64.1M | 64.3M | 47.2M | 46.7M | 50.64M | 6.88M | 29.8M | 17.9M | 30.54M | 46.86M | 46.27M | 56.56M | 73.96M | 93.13M | 67.75M | 58.55M | 55.88M | 37.69M | 54.1M |
| EBITDA Margin % | 13.37% | 13.1% | 13.88% | 10.69% | 11.54% | 12.19% | 1.84% | 8.17% | 5.47% | 7.54% | 11.43% | 11.14% | 13.31% | 15.07% | 18.04% | 15.37% | 14.73% | 14.08% | 10.89% | 14.97% |
| EBITDA Growth % | 46.25% | 26.58% | 835.14% | 58.39% | 160.89% | 65.82% | -85.33% | -35.59% | -68.35% | -58.71% | -49.68% | -31.71% | -3.39% | 32.37% | 147.09% | 25.23% | 2.89% | -17.97% | -47.06% | 14.98% |
| D&A (Non-Cash Add-back) | 0 | 0 | 15.1M | 15.6M | 16.1M | 16.63M | 17.92M | 16.9M | 17M | 16.77M | 16.8M | 16.44M | 16.52M | 15.86M | 15.56M | 14.99M | 13.89M | 13.67M | 13.48M | 13.02M |
| EBIT | 0 | 64.1M | 52.3M | 32.7M | 33.4M | 45.23M | -8.17M | 24.7M | 14.1M | 30.2M | 38.3M | 35.11M | 42.22M | 63.74M | 77.69M | 52.6M | 45.88M | 44.44M | 25.48M | 41.29M |
| Net Interest Income | 0 | 2.4M | 2.4M | 3.2M | 3.4M | 2.43M | 4.64M | 6M | 8.3M | 0 | 2.62M | 1.44M | 855K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 5.8M | 6.5M | 6.6M | 6.6M | 6.9M | 7.08M | 11.02M | 12.1M | 12.64M | 0 | 6.4M | 4.3M | 3.58M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | -4.1M | 4.1M | 4.2M | 3.4M | 3.5M | 4.64M | 6.38M | 6.1M | 4.34M | 0 | 3.78M | 2.86M | 2.73M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 1.7M | -6.9M | 3.1M | -2.3M | -700K | 6.57M | -3.5M | 5.7M | 6.9M | 2.43M | 4.46M | 2.42M | -550K | -2.7M | 8.94M | 3.25M | -842K | 704K | 495K | -3.66M |
| Pretax Income | 70M | 57.2M | 52.3M | 29.3M | 29.9M | 40.58M | -14.55M | 18.6M | 7.8M | 16.2M | 34.52M | 32.25M | 39.49M | 55.4M | 86.51M | 56.01M | 43.81M | 42.91M | 24.7M | 37.42M |
| Pretax Margin % | 13.7% | 11.69% | 11.29% | 6.64% | 7.39% | 9.77% | -3.89% | 5.1% | 2.38% | 4% | 8.42% | 7.76% | 9.29% | 11.29% | 16.76% | 12.7% | 11.02% | 10.81% | 7.14% | 10.36% |
| Income Tax | 2.7M | 4.7M | 5.9M | 3.8M | 5M | -8.48M | -400K | 3.2M | 1.8M | -21.69M | 874K | 4.79M | 7.74M | 10.05M | 11.64M | 11.2M | 6.95M | 3.19M | 3.66M | 1.88M |
| Effective Tax Rate % | 3.86% | 8.22% | 11.28% | 12.97% | 16.72% | -20.9% | 2.75% | 17.2% | 23.08% | -133.92% | 2.53% | 14.87% | 19.59% | 18.15% | 13.45% | 20% | 15.87% | 7.43% | 14.8% | 5.01% |
| Net Income | 66.8M | 52.3M | 46.2M | 25.2M | 24.7M | 48.87M | -14.9M | 14.8M | 5.4M | 37.5M | 32.72M | 27.14M | 30.92M | 43.74M | 74.17M | 44.97M | 36.78M | 39.66M | 21M | 35.41M |
| Net Margin % | 13.07% | 10.69% | 9.97% | 5.71% | 6.1% | 11.77% | -3.98% | 4.06% | 1.65% | 9.25% | 7.98% | 6.53% | 7.27% | 8.91% | 14.37% | 10.2% | 9.25% | 9.99% | 6.07% | 9.8% |
| Net Income Growth % | 170.45% | 7.01% | 409.96% | 70.27% | 357.41% | 30.32% | -145.55% | -45.47% | -82.54% | -14.27% | -55.88% | -39.65% | -15.93% | 10.31% | 253.11% | 27% | -4.89% | -5.22% | -53.97% | 21.5% |
| Net Income (Continuing) | 66.8M | 52.5M | 46.4M | 25.5M | 24.9M | 49.06M | -14.15M | 15.4M | 6M | 37.89M | 33.65M | 27.45M | 31.75M | 45.34M | 74.87M | 44.81M | 36.86M | 39.73M | 21.05M | 35.54M |
| Discontinued Operations | 0 | -200K | -200K | -300K | -200K | -188K | -758K | -600K | -600K | -389K | -930K | -315K | -831K | -1000K | -697K | 180K | -98K | -98K | -37K | -102K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 661K | 652K | 631K | 645K | 671K | 665K |
| EPS (Diluted) | 1.58 | 1.30 | 1.20 | 0.67 | 0.65 | 1.29 | -0.40 | 0.39 | 0.14 | 1.00 | 0.86 | 0.72 | 0.82 | 1.16 | 1.97 | 1.19 | 0.97 | 1.05 | 0.55 | 0.92 |
| EPS Growth % | 143.08% | 0.78% | 400% | 71.79% | 364.29% | 29% | -146.51% | -45.83% | -82.93% | -13.79% | -56.35% | -39.5% | -15.46% | 10.48% | 258.18% | 29.35% | -3% | -3.67% | -53.78% | 21.05% |
| EPS (Basic) | 1.77 | 1.39 | 1.23 | 0.67 | 0.66 | 1.30 | -0.40 | 0.39 | 0.14 | 1.01 | 0.87 | 0.72 | 0.83 | 1.17 | 1.98 | 1.20 | 0.98 | 1.05 | 0.55 | 0.92 |
| Diluted Shares Outstanding | 42.2M | 40.2M | 38.5M | 37.8M | 38.1M | 38M | 37.53M | 37.8M | 37.7M | 37.59M | 37.85M | 37.8M | 37.76M | 37.68M | 37.63M | 37.71M | 37.77M | 37.87M | 38.36M | 38.59M |
| Basic Shares Outstanding | 37.7M | 37.6M | 38.18M | 37.6M | 37.6M | 37.54M | 37.53M | 37.5M | 37.4M | 37.3M | 37.58M | 37.57M | 37.48M | 37.41M | 37.38M | 37.52M | 37.55M | 37.67M | 38.18M | 38.39M |
| Dividend Payout Ratio | 5.69% | 7.65% | 8.44% | 15.48% | 15.38% | 7.86% | - | 26.35% | 70.37% | 10.13% | 11.71% | 13.92% | 12.33% | 8.68% | 5.14% | 8.46% | 10.3% | 9.58% | 18.36% | 10.94% |