Advanced Energy Reports First Quarter 2026 Results
Advanced Energy reported Q1 2026 revenue of $511 million, up 26% year-over-year and exceeding the midpoint of guidance, driven by a doubling of Data Center Computing revenue. GAAP EPS was $1.59 and non-GAAP EPS was $2.09, both above guidance midpoints, with non-GAAP gross margin exceeding 40% for the first time.
Key figures
- Eps
- 1.59
- Revenue
- $511 million
- Guidance
- Q2 2026 Revenue $540 million +/- $20 million; GAAP EPS $1.54 +/- $0.23; Non-GAAP EPS $2.18 +/- $0.25
- Revenue Yoy
- 26%
- Non gaap eps
- 2.09
- Gaap gross margin
- 39.3%
- Non gaap gross margin
- 40.1%
AI analysis
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