Advanced Energy Q1 revenue up 26% to $511 million; diluted EPS $1.59 vs. $0.65
Advanced Energy reported first-quarter 2026 revenue of $511 million, up 26% from a year earlier, and GAAP diluted earnings per share from continuing operations of $1.59, up from $0.65. The company guided second-quarter 2026 revenue to $540 million, plus or minus $20 million, above the first-quarter level. Operating cash flow was an outflow of $6 million, reflecting a $48 million inventory increase.
Key points
- Q1 2026 revenue was $511 million, versus $405 million in Q1 2025 and $489 million in Q4 2025.
- GAAP diluted EPS from continuing operations was $1.59; non-GAAP diluted EPS was $2.09, versus $1.23 a year earlier.
- Data Center Computing revenue was $194.2 million, more than double the $96.2 million reported a year earlier.
- Q2 2026 guidance: revenue $540 million plus or minus $20 million; GAAP EPS $1.54 plus or minus $0.23; non-GAAP EPS $2.18 plus or minus $0.25.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:17 AM ET, from the text of the filing and its press-release exhibits 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 May 04, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.