Every material Form 8-K Advanced Energy filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Advanced Energy reported third quarter 2026 results with revenue of $696 million, up 50% from a year earlier and above the high end of its guidance. GAAP diluted EPS from continuing operations was $2.80, up from $1.21, and non-GAAP EPS was $3.65, also above the high end of guidance. The company guided fourth quarter 2026 revenue to $735 million plus or minus $25 million.
Q3 2026 revenue was $696 million, versus $463 million in Q3 2025 and $574 million in Q2 2026.
GAAP diluted EPS from continuing operations was $2.80 versus $1.21 a year earlier; non-GAAP EPS was $3.65 versus $1.74.
Q2 2026 GAAP results included $32 million of inducement costs tied to partial conversion of the 2028 convertible notes.
Q4 2026 guidance: revenue $735 million plus or minus $25 million; GAAP EPS $3.30 plus or minus $0.30; non-GAAP EPS $3.90 plus or minus $0.30.
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.
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
Advanced Energy Industries completed a private offering of $1.15 billion in 0% convertible senior notes maturing May 15, 2031, and used part of the net proceeds of about $1,128.1 million to buy back $438.3 million of its 2.50% convertible notes due 2028 in exchange for cash and shares. The filing says capped call transactions are expected to reduce potential dilution to shareholders from conversions, up to a cap.
$1.15 billion of 0% convertible senior notes due May 15, 2031, including the full $150.0 million option exercised by the initial purchasers
Net proceeds of about $1,128.1 million; $69.0 million paid for capped call confirmations and about $442.4 million in cash plus about 1.98 million common shares used to exchange $438.3 million of 2028 notes
Initial conversion price of about $508.78 per share; $136.7 million of 2028 notes remain outstanding; notes cannot be redeemed before May 21, 2029, except in a cleanup redemption
At its May 7, 2026 annual meeting, Advanced Energy stockholders approved an amendment that raises the share pool under its 2023 Omnibus Incentive Plan from 2,400,000 to 4,900,000 shares and extends the plan to May 7, 2036. They also approved doubling authorized common stock from 70,000,000 to 140,000,000 shares, effective the same day, and elected all ten director nominees. The filing does not state the number of new shares that will be issued under these changes.
Equity plan share authorization rises from 2,400,000 to 4,900,000 shares; termination date extended from April 27, 2033 to May 7, 2036
Authorized common stock increases from 70,000,000 to 140,000,000 shares, effective upon filing May 7, 2026
Equity plan approved with 26,784,160 votes for and 7,379,970 against
All ten director nominees elected, with individual votes for ranging from 33,037,148 to 34,150,102
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.
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.
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.
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.
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.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Advanced Energy filing is on SEC EDGAR ↗. 8-K briefs of other companies →