Advanced Energy Reports Third Quarter 2026 Results
Business Wire•02/11/2026•16:01 ET
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Key Highlights
- ➤Q3 revenue $696 million, up 50% year-over-year and above guidance high end
- ➤Non-GAAP EPS $3.65, above guidance high end
- ➤Semiconductor Equipment revenue $322.2 million, up 64% year-over-year
- ➤Data Center Computing revenue $256.2 million, up 49% year-over-year
- ➤Q4 revenue guidance $735 million +/- $25 million; non-GAAP EPS $3.90 +/- $0.30
Expert Statements
Steve Kelley, President and CEO of Advanced Energy Industries
“We delivered record financial results again in the third quarter, with revenue in each of our markets growing sequentially and year-over-year”
Steve Kelley, President and CEO of Advanced Energy Industries
“Our strategic investments and solid execution are enabling us to meet strengthening customer demand and deliver higher gross margin.”
Steve Kelley, President and CEO of Advanced Energy Industries
“With our Thailand factory ramp on track and growing revenue contribution from new products expected in 2027, we are confident in our ability to gain share and outgrow our markets.”
* Revenue was $696 million, up 50% year-over-year and above the high end of guidance
* Semiconductor and Data Center Computing revenue reached record levels, growing 64% and 49% year-over-year, respectively
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