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AES AES Net Income

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Other financials

Income statement

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Revenue$3.2B+8.7%
Gross profit$640.0M+45.1%
Net income$487.0M+959%
EPS (diluted)$0.68+871%

Balance sheet

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Cash & equivalents$2.3B-9.6%
Total debt$1.2B+17.8%
Total equity$4.4B+27.5%
Total assets$52.8B+8.6%

Cash flow

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Operating cash flow$1.2B+120%
CapEx$1.8B+40.8%
Free cash flow-$565.0M+20.3%

Valuation

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Market cap$10.49B+14.7%
P/E7.8×-2.2×
P/S0.8×+0.1×

Profitability

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Gross margin19.3%+1.7pp
Net margin10.8%+0.2pp
FCF margin-11.8%-4.4pp

Returns & leverage

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Return on equity34.3%-6.4pp
Debt / equity0.3×0.0×
Current ratio0.7×-0.1×

Where this comes from

Reported directly by AES in its filing.

Tagged under the XBRL concept us-gaap:ProfitLoss.

The source filing: AES’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:06 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000874761-26-000120
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE TAXES AND EQUITY IN EARNINGS OF AFFILIATES242(22)
Income tax benefit (expense)41(17)
Net equity in losses of affiliates(8)(34)
NET INCOME (LOSS)275(73)
Less: Net loss attributable to noncontrolling interests and redeemable stock of subsidiaries212119
NET INCOME ATTRIBUTABLE TO THE AES CORPORATION$487$46
BASIC EARNINGS PER SHARE:
NET INCOME ATTRIBUTABLE TO THE AES CORPORATION COMMON STOCKHOLDERS$0.68$0.07

Item 1. FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is AES's net income?
AES (AES) reported net income of $275M in Q1 2026.
How has AES's net income changed year-over-year?
AES's net income increased by 476.7% year-over-year, from -$73M to $275M.
What is the long-term trend for AES's net income?
Over 4 years (2021 to 2025), AES's net income has grown at a -10.4% compound annual growth rate (CAGR), from -$951M to $614M.
What does net income mean?
Net income as the starting point for the indirect method operating cash flow reconciliation.

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