ADVANCED ENERGY INDUSTRIES INC (AEIS) Form 10-Q — Nov 2, 2026
Advanced Energy reported Q3 2026 revenue of $696.4 million, up 50.3% year over year, with net income of $115.6 million and diluted EPS of $2.79 versus $1.20 a year earlier. Growth was driven by Semiconductor Equipment revenue (+63.9% to $322.2M) and Data Center Computing revenue (+49.3% to $256.2M) on AI-related demand. Gross margin expanded to 41.5% from 37.6%, and non-GAAP diluted EPS was $3.65 versus $1.74 in the prior-year quarter, as mix improvement and higher volumes flowed through operating leverage.
Key figures
- Eps
- 2.79
- Revenue
- 696.4
- Guidance
- No quantitative guidance; management expects semiconductor, data center, industrial/medical, and telecom/networking demand trends to continue for the remainder of 2026.
- Net Income
- 115.6
- Revenue Yoy
- 50.3%
- Shares Outstanding
- 40481991
- Gross margin q3
- 41.5%
- Non gaap eps q3
- 3.65
- Dividend per share
- $0.10 quarterly
- Revolver available
- 600
- Operating income q3
- 143.2
- Nine month net income
- 236.5
- Convertible 2031 notes
- 1150
- Non gaap operating margin q3
- 24.4%
- Remaining buyback authorization
- 166.6
- Convertible 2028 notes remaining
- 136.4
- Data center computing revenue q3
- 256.2
- Semiconductor equipment revenue q3
- 322.2
- Loss on induced conversion nine months
- 31.8
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