Advanced Energy revenue rises 30% to $574 million, tops guidance in Q2 2026
Advanced Energy reported second-quarter 2026 revenue of $574 million, up 30% from a year earlier and above the high end of its guidance. Non-GAAP EPS was $2.74, versus $1.50 a year earlier, while GAAP EPS from continuing operations was $1.29, including $31.8 million of inducement costs tied to partial conversion of its 2028 convertible notes. The company also guided third-quarter 2026 revenue to $640 million, plus or minus $20 million.
Key points
- Q2 2026 revenue was $574 million, up from $442 million a year earlier and $511 million in Q1 2026
- Non-GAAP EPS was $2.74 versus $1.50 in Q2 2025; GAAP EPS from continuing operations was $1.29 versus $0.67
- GAAP EPS included $31.8 million, or $0.75 per diluted share, of inducement costs on the 2028 convertible notes
- Q3 2026 guidance: revenue $640 million plus or minus $20 million; non-GAAP EPS $3.00 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 August 03, 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.