Earnings summary

Advanced Energy Industries Inc Q4 2025 results

Reported 2026-02-10Full transcript →

Snapshot

Advanced Energy Industries Inc reported $489M of revenue in Q4 2025, up 17.8% year over year, with diluted EPS of $1.30 and an operating margin of 11.6%.

Revenue
$489M
YoY growth
+17.8%
Diluted EPS
$1.30
Operating margin
11.6%
$489M
Revenue
+17.8%
YoY growth
$1.30
Diluted EPS
11.6%
Operating margin
01 Key takeaways

What management said

  • You can find today's press release and earnings presentation on our website at ir.advancedenergy.com.
  • Any targets beyond the current quarter presented today should not be interpreted as guidance.
  • Revenue of nearly $490 million was at the high end of our guidance.
  • Strengthening demand in the semiconductor, industrial, and medical markets drove the outperformance.
  • Gross margin came in just shy of 40%, our best performance in five years.
  • For 2025, we grew total revenue over 20%, increased earnings per share by over 70%, and significantly improved our gross and operating margins.
  • We deploy our best-in-class technologies across multiple high-value markets, allowing us to deliver healthy revenue, profitability, and cash flow through market cycles.
  • In 2025, we grew revenue in two of our three target markets.
  • Data center computing revenue more than doubled year-on-year and increased sequentially in every quarter of 2025.
  • Semiconductor revenue grew 6% year-on-year to the second-highest level in company history.
  • New products began contributing incremental revenue in 2025 as some of our design wins moved into early production.
  • Although industrial medical revenue declined year-on-year, we were encouraged by three-quarters of sequential revenue growth after reaching a bottom in the first quarter.
Read the full Q4 2025 transcript
SourcesCompany financials · earnings call Last updated

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