Advanced Energy Industries Inc
NASDAQ: AEIS · INDUSTRIALS · ELECTRICAL EQUIPMENT & PARTS
Updated 2026-06-05
Advanced Energy Industries Inc (AEIS) Financial statements
SEC filings — annual and quarterly data.
Margin trends — annual
| Year | Revenue | Net income | Gross margin | Op. margin | Profit margin |
|---|---|---|---|---|---|
| 2006 | $410.74M | $88.32M | 42.66% | 16.41% | 21.50% |
| 2007 | $384.70M | $34.36M | 42.32% | 11.94% | 8.93% |
| 2008 | $328.92M | $-1.78M | 37.94% | 3.99% | -0.54% |
| 2009 | $186.40M | $-102.70M | 29.17% | -52.91% | -55.10% |
| 2010 | $459.41M | $71.19M | 43.36% | 14.19% | 15.50% |
| 2011 | $516.80M | $36.31M | 39.70% | 9.53% | 7.03% |
| 2012 | $451.93M | $20.58M | 37.12% | 6.06% | 4.55% |
| 2013 | $547.00M | $32.09M | 38.42% | 2.67% | 5.87% |
| 2014 | $583.10M | $46.98M | 33.28% | 6.93% | 8.06% |
| 2015 | $414.81M | $-158.49M | 52.28% | 25.71% | -38.21% |
| 2016 | $483.70M | $127.45M | 52.34% | 26.23% | 26.35% |
| 2017 | $671.01M | $137.86M | 53.11% | 29.92% | 20.55% |
| 2018 | $718.89M | $147.03M | 50.86% | 23.86% | 20.45% |
| 2019 | $788.95M | $64.94M | 40.01% | 6.89% | 8.23% |
| 2020 | $1.42B | $134.68M | 38.27% | 12.43% | 9.51% |
| 2021 | $1.46B | $134.74M | 36.56% | 10.42% | 9.25% |
| 2022 | $1.85B | $199.66M | 36.60% | 12.63% | 10.82% |
| 2023 | $1.66B | $128.28M | 35.78% | 6.87% | 7.75% |
| 2024 | $1.48B | $54.21M | 35.72% | 2.47% | 3.66% |
| 2025 | $1.80B | $148.40M | 37.25% | 10.85% | 8.25% |
Frequently asked questions
What is Advanced Energy Industries Inc's revenue?
Advanced Energy Industries Inc's trailing twelve-month revenue is $1.91B, and consensus projects about $5.40B by 2030. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is AEIS?
In its most recent fiscal year, AEIS ran a gross margin of 37.25%, an operating margin of 10.85%, and a net margin of 8.25%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does AEIS generate?
AEIS produced $125.90M in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is AEIS's balance sheet healthy?
AEIS holds $791.20M in cash and equivalents against — in long-term debt, on $1.36B of shareholder equity. That debt is best read against the cash flow the business throws off each year.