Advanced Energy Q4 revenue rises to $489 million; full-year revenue up 21%
Advanced Energy reported fourth-quarter 2025 revenue of $489 million, up from $415 million a year earlier, and full-year 2025 revenue of $1.80 billion, up 21%. Q4 diluted GAAP EPS from continuing operations was $1.31 versus $1.29 a year earlier, and non-GAAP EPS was $1.94 versus $1.30, while the company guided first-quarter 2026 revenue to $500 million plus or minus $20 million.
Key points
- Q4 2025 revenue was $489 million, compared with $463 million in Q3 2025 and $415 million in Q4 2024.
- Q4 2025 GAAP diluted EPS from continuing operations was $1.31; non-GAAP diluted EPS was $1.94. Q4 2024 GAAP results included a one-time, net tax benefit of $15 million.
- Full-year 2025 cash flow from continuing operations was $235 million, and the company repurchased $30 million of common stock.
- Q1 2026 guidance: revenue of $500 million plus or minus $20 million; GAAP EPS of $1.44 plus or minus $0.25; non-GAAP EPS of $1.94 plus or minus $0.25.
The filing
Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 10, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.