NASDAQ$AEIS

Advanced Energy Industries Inc · Q1 2026 earnings

Q1 2026 earnings · · After market close · Investor relations

Briefing

Advanced Energy reported Q1 2026 revenue of $511.0M and net income of $66.8M, with diluted EPS of $1.59.

Advanced Energy Industries posted Q1 2026 revenue of $511.0 million (+26% YoY) with gross profit of $200.9 million. Operating income was $68.3 million versus $30.6 million; net income reached $66.8 million, or $1.59 diluted EPS, compared with $24.7 million and $0.65. Semiconductor and industrial power-conversion demand drove the year-over-year improvement.

  • Revenue $511.0M (+26% YoY); gross profit $200.9M.
  • Operating income $68.3M; net income $66.8M.
  • Diluted EPS $1.59 vs. $0.65.
  • R&D spend $62.4M supports product roadmap.
  • 2025 restructuring plan costs noted in MD&A.

Headline financials

Total Revenue

$511M

Previous: $405M+26.3%
EPS (adj)

$1.59

Previous: $0.65+144.6%
Capital Expenditures

-$36.6M

Previous: -$13.9M-163.3%
Net Income

$66.8M

Previous: $24.7M+170.4%
Operating Income

$68.3M

Previous: $30.6M+123.2%
Gross Profit

$201M

Previous: $151M+33.5%

Revenue & EPS history

Advanced Energy · Revenue · Quarterly

$511M

Q1 2026+26.3%vs Q1 2025
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Revenue by segment

Advanced Energy · $410M total across 4 segments · Q3 2023

  • Semiconductor Equipment
    $185M-30.6%
  • Industrial and Medical
    $115M-3.6%
  • Data Center Computing
    $68.3M-22.0%
  • Telecom and Networking
    $41.4M-2.6%

Forward guidance

The filing discusses end-market demand, tariffs, and manufacturing footprint consolidation without formal FY EPS guidance.

Tailwinds

  • Strong revenue and earnings growth across power platforms.
  • Operating leverage on higher volumes.

Headwinds

  • Exposure to semiconductor capex cycles.
  • Restructuring and integration costs may persist near term.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+0.0%

Avg return

Earnings day

+0.7%

Avg return

5 days after

+2.2%

Avg return

30 days after

50%

32 / 64 earnings

Positive

+15.8%

Q3 2025

Best reaction

-12.7%

Q1 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+6.3%-7.7%-17.1%
Q4 2025+10.7%+12.6%+8.2%
Q3 2025+15.8%+12.4%+12.5%
Q1 2025+11.2%+10.1%+17.8%
Q4 2024+11.1%+14.0%-4.5%
Q3 2024-1.7%+0.8%+2.9%
Q2 2024+5.7%-7.7%-2.8%
Q1 2024-0.6%-3.9%-6.0%
Q4 2023-2.5%-7.4%-1.5%
Q3 2023-2.3%+6.0%+9.8%
Q2 2023-8.3%-6.6%-4.1%
Q1 2023-3.9%-1.3%+13.5%
Q4 2022-4.7%-2.1%-5.2%
Q3 2022+2.0%+5.5%+18.4%
Q2 2022+4.5%+4.9%-3.9%
Q1 2022+1.2%-4.3%+2.6%
Q4 2021+9.1%+7.3%-10.6%
Q3 2021-2.6%-4.0%-2.1%
Q2 2021-10.5%-9.6%-13.4%
Q1 2021-12.4%-17.2%-0.4%
Q4 2020-2.5%+7.2%+6.9%
Q3 2020+9.7%+10.9%+32.6%
Q2 2020+2.5%+6.6%-7.7%
Q1 2020+9.4%+15.0%+33.2%
Q4 2019+0.2%+3.3%-25.8%
Q3 2019+1.3%+4.0%+9.9%
Q2 2019-9.7%-10.6%-1.3%
Q1 2019-12.7%-13.6%-11.4%
Q4 2018-0.7%-1.4%-6.6%
Q3 2018-6.3%+6.0%+6.1%
Q2 2018+2.1%+0.8%-1.7%
Q1 2018-1.2%+2.6%+9.2%
Q4 2017-0.3%+2.4%+7.5%
Q3 2017-12.5%-11.1%-19.9%
Q2 2017+0.3%-4.0%+1.2%
Q1 2017+0.3%+1.0%+4.2%
Q4 2016+2.3%+2.5%+7.8%
Q3 2016+1.4%-0.5%+16.6%
Q2 2016+2.6%+4.1%+11.9%
Q1 2016-1.8%
Q4 2015+1.4%
Q3 2015-0.4%
Q2 2015-2.0%
Q1 2015+1.6%
Q4 2014+0.4%
Q3 2014-2.6%
Q2 2014+0.9%
Q1 2014+8.1%
Q4 2013+2.1%
Q3 2013+2.5%
Q2 2013-2.8%
Q1 2013-1.1%
Q4 2012+3.3%
Q3 2012-0.5%
Q2 2012-0.3%
Q1 2012+2.2%
Q4 2011-3.4%
Q3 2011-2.1%
Q2 2011-3.4%
Q1 2011+1.3%
Q4 2010+5.6%
Q3 2010-4.6%
Q2 2010-5.3%
Q1 2010-12.3%

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