Company Analysis

AES Corporation (AES)

NYSE: AES · Cogeneration Services & Small Power Producers · Arlington, VA · filing with the SEC since 1996
Grade4.8
◀ Past 2.5● Present 6.0▶ Future 5.0
The companyfiscal 2025, as filed
Revenue$12.23B-0.4%
Net income$910M-45.8%
Earnings per share$1.26-46.6%
Operating cash flow$4.31B+56.5%
Cash$1.38B-9.3%
Debtn/a
Shareholders’ equity$4.06B+11.5%
Shares, diluted714.0M+0.1%
Return on equity22.4%
The recordfrom its filings
Filings in 202669
Newest filingNov 3 · 10-Q
Annual reportMar 2, 2026
Quarterly reportNov 3, 2026
Next report due10-K by Mar 1
Insider sales, 12 months$0.00
Insider buys, 12 months$0.00
Patents granted53
Filer categoryLarge accelerated filer
Trailing twelve months to Sep 2026Revenue $13.57BNet income $1.79BCash from operations $4.93Bthe four newest filed quarters added
Left: the newest annual report, with the change on the year before. Right: counted from the company's own filings with the SEC.
Revenue and net income by fiscal yearRevenueNet income
16171819202122232425
As filed, in USD. Nothing here is a forecast.

The company now

The AES Corporation agreed on 1 March 2026 to be acquired by a group led by funds managed by Global Infrastructure Management and the EQT Infrastructure VI fund, which would take the company private 313.

Stockholders approved the merger on 26 June 2026, with 479,072,642 shares voting for it and 10,131,991 against 6.

The European Commission approved the deal without conditions on 15 October, and on 19 October the New York Public Service Commission ruled that it needs no further review 4. Ohio's utility regulator approved it on 17 September 5.

Other approvals remain, and the company has said it expects to close in late 2026 or early 2027 43.

Second-quarter 2026 revenue was $3,422 million, up $567 million, or 20 percent, from a year earlier 2.

Net income was $387 million, against a net loss of $150 million a year before, helped by energy derivatives and by fees for development services in the U.S. 2.

As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.

News

Nov 3, 2026 · SEC EDGAR · Form 10-Q
Quarterly report
Open the filing on sec.gov
Oct 28, 2026 · SEC EDGAR · Form 8-K
Current report
Open the filing on sec.gov
Oct 19, 2026 · SEC EDGAR · Form 8-K
Current report
Open the filing on sec.gov
Sep 17, 2026 · SEC EDGAR · Form 8-K
Current report
Open the filing on sec.gov
Sep 16, 2026 · SEC EDGAR · Form 8-K
Current report
Open the filing on sec.gov
Aug 27, 2026 · SEC EDGAR · Form 8-K
Current report
Open the filing on sec.gov
Aug 5, 2026 · SEC EDGAR · Form 8-K
Current report
Open the filing on sec.gov
Aug 4, 2026 · SEC EDGAR · Form 10-Q
Quarterly report
Open the filing on sec.gov
Jul 27, 2026 · SEC EDGAR · Form 8-K
Current report
Open the filing on sec.gov
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SI Assistanton AES · research, not advice