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AES AES Business Segments

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Total Revenue by Business
Corporate Other And Other Eliminations-$32M+53.6%-$54M-31.7%-$49M-40.0%-$69M-72.5%
Energy Infrastructure$1.26B-4.8%$1.29B-15.0%$1.48B-8.1%$1.31B-10.7%$1.32B-18.0%
New Energy Technologies$0$1M$0-100%$0$0
Utilities$1.14B+12.6%$1.05B+20.0%$1.11B+15.0%$954M+6.5%$1.01B+15.6%
Total Revenue by Product
Electric Transmission$1.11B+13.1%$1.04B+20.7%$1.08B+15.5%$933M+7.0%$985M+15.5%
Electricity, Generation$2.07B+6.4%$2.06B-1.9%$2.27B-3.5%$1.92B-7.1%$1.94B-13.0%
Non-regulated revenue$2.07B+6.4%$2.06B-1.9%$2.27B-3.5%$1.92B-7.1%$1.94B-13.0%
Regulated Revenue$1.11B+13.1%$1.04B+20.7%$1.08B+15.5%$933M+7.0%$985M+15.5%

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Questions, answered.

How does AES break its business down?
AES (AES) reports total revenue by business across 4 parts — Corporate Other And Other Eliminations, Energy Infrastructure, New Energy Technologies and Utilities. Each is extracted from the segment footnotes and tracked over time.
Where does AES's segment data come from?
Segment breakdowns are pulled from the segment footnotes in AES's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.