Advanced Energy beats Q4 revenue and EPS estimates

Advanced Energy Industries

10/02/2026 21:10

Overview

Precision power solutions firm's Q4 revenue and adjusted EPS beat analyst expectations

Company's 2025 revenue grew 21%, driven by semiconductor market demand

Data Center Computing revenue grew 107% to a record level in 2025

Outlook

Advanced Energy expects Q1 2026 revenue between $480 mln and $520 mln

Company anticipates Q1 2026 GAAP EPS between $1.19 and $1.69

Advanced Energy projects Q1 2026 non-GAAP EPS between $1.69 and $2.19

Result Drivers

SEMICONDUCTOR DEMAND - Increased demand in the semiconductor market drove Q4 results, according to CEO Steve Kelley

DIVERSIFICATION STRATEGY - Improved gross and operating margins attributed to diversification strategy and operational initiatives

DATA CENTER GROWTH - Data Center Computing revenue grew 107% to a record level, contributing to overall revenue growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Beat
$489.40 mln
$473.89 mln (10 Analysts)
Q4 Adjusted EPS
Beat
$1.94
$1.76 (10 Analysts)
Q4 EPS
$1.31
Q4 Adjusted Net Income
Beat
$75 mln
$66.73 mln (10 Analysts)
Q4 Net Income
$52.30 mln
Q4 Gross Margin
38.60%
Q4 Gross Profit
$189.10 mln
Q4 Operating Income
$56.60 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the electrical components & equipment peer group is "buy"

Wall Street's median 12-month price target for Advanced Energy Industries Inc is $290.00, about 3.9% above its February 9 closing price of $279.17

The stock recently traded at 36 times the next 12-month earnings vs. a P/E of 31 three months ago

Press Release: ID:nBw1h7cxZa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)