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Advanced Energy Industries Inc. (AEIS) Fundamental Analysis & AI Grade 2026

AEIS Nasdaq Electronic Components, NEC DE CIK: 0000927003
Update Pending • Analysis: May 6, 2026 • SEC Data: 2026-03-31
Combined AI Grade
A
70% Confidence
AGREEMENT
B
62% Conf
A
77% Conf

📊 AEIS Key Takeaways

Revenue: $511.0M
Net Margin: 13.1%
Free Cash Flow: $-42.6M
Current Ratio: 1.59x
Debt/Equity: 0.41x
EPS: $1.58
AI Grade: B with 62% confidence
Advanced Energy Industries Inc. (AEIS) receives a A fundamental grade with 70% confidence from our AI analysis based on SEC 10-K filings. With revenue of $511.0M, net profit margin of 13.1%, and return on equity (ROE) of 4.8%, Advanced Energy Industries Inc. demonstrates strong fundamentals in the Technology sector. Below is our complete AEIS stock analysis for 2026.

Is Advanced Energy Industries Inc. (AEIS) a Good Investment?

Claude

Advanced Energy Industries demonstrates strong top-line growth (21.4% YoY) and exceptional net income expansion (173.7% YoY) with solid profitability margins (13.1% net margin). However, the company faces a critical cash flow concern: negative operating cash flow (-$6.0M) and negative free cash flow (-$42.6M) indicate a significant disconnect between accounting profits and actual cash generation, raising quality-of-earnings questions despite a fortress balance sheet with $699.5M in cash.

ChatGPT

Advanced Energy Industries shows a strong fundamental rebound, with double-digit revenue growth and sharply improved net income and EPS, while maintaining positive free cash flow and solid liquidity. Its cash-rich balance sheet, manageable leverage, and healthy interest coverage support financial resilience, though margin durability and the quality of earnings improvement should continue to be monitored.

Advanced Energy Industries Inc. Key Strengths (AEIS)

Claude
  • + Strong revenue growth of 21.4% YoY with net income expansion of 173.7% YoY
  • + Robust balance sheet with $699.5M cash, low leverage (0.41x Debt/Equity), and excellent interest coverage of 16.7x
  • + Healthy profitability margins: 39.3% gross margin, 13.4% operating margin, 13.1% net margin
ChatGPT
  • + Revenue growth of 21.4% YoY with net income growth of 173.7% indicates strong operating recovery
  • + Solid financial position with $791.2M in cash, current ratio of 1.59x, and debt/equity of 0.42x
  • + Positive operating cash flow of $233.3M and free cash flow of $125.9M support flexibility for investment and balance sheet stability

AEIS Stock Risks: Advanced Energy Industries Inc. Investment Risks

Claude
  • ! Critical red flag: negative operating cash flow (-$6.0M) and free cash flow (-$42.6M) despite $66.8M net income, indicating potential working capital issues or earnings quality concerns
  • ! Poor capital efficiency with very low ROE (4.8%) and ROA (2.6%), suggesting assets are not generating adequate returns
  • ! Significant disconnect between reported profitability and cash generation requires investigation into working capital changes and potential one-time items
ChatGPT
  • ! Operating margin of 9.3% and FCF margin of 7.0% suggest profitability is improved but not yet especially strong
  • ! Large earnings growth may partly reflect recovery from a weak prior period, making sustainability a key question
  • ! Capital intensity remains meaningful, with $107.4M of capex consuming a notable share of operating cash flow

Key Metrics to Watch

Claude
  • * Operating Cash Flow trend - must turn positive to validate profitability quality
  • * Free Cash Flow and working capital components (receivables, inventory, payables) to identify source of cash conversion issues
  • * Return on Equity and Return on Assets improvement as company scales and achieves operational efficiency
ChatGPT
  • * Operating margin and free cash flow margin
  • * Revenue growth consistency versus net income growth quality

Advanced Energy Industries Inc. (AEIS) Financial Metrics & Key Ratios

Revenue
$511.0M
Net Income
$66.8M
EPS (Diluted)
$1.58
Free Cash Flow
$-42.6M
Total Assets
$2.6B
Cash Position
$699.5M

💡 AI Analyst Insight

Advanced Energy Industries Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

AEIS Profit Margin, ROE & Profitability Analysis

Gross Margin 39.3%
Operating Margin 13.4%
Net Margin 13.1%
ROE 4.8%
ROA 2.6%
FCF Margin -8.3%

AEIS vs Technology Sector: How Advanced Energy Industries Inc. Compares

How Advanced Energy Industries Inc. compares to Technology sector averages

Net Margin
AEIS 13.1%
vs
Sector Avg 18.0%
AEIS Sector
ROE
AEIS 4.8%
vs
Sector Avg 22.0%
AEIS Sector
Current Ratio
AEIS 1.6x
vs
Sector Avg 2.5x
AEIS Sector
Debt/Equity
AEIS 0.4x
vs
Sector Avg 0.5x
AEIS Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Advanced Energy Industries Inc. Stock Overvalued? AEIS Valuation Analysis 2026

Based on fundamental analysis, Advanced Energy Industries Inc. has mixed fundamental signals relative to the Technology sector in 2026.

Return on Equity
4.8%
Sector avg: 22%
Net Profit Margin
13.1%
Sector avg: 18%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.41x
Sector avg: 0.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Advanced Energy Industries Inc. Balance Sheet: AEIS Debt, Cash & Liquidity

Current Ratio
1.59x
Quick Ratio
1.13x
Debt/Equity
0.41x
Debt/Assets
45.9%
Interest Coverage
16.66x
Long-term Debt
$568.2M

AEIS Revenue & Earnings Growth: 5-Year Financial Trend

AEIS 5-year financial data: Year 2021: Revenue $1.5B, Net Income $64.9M, EPS $1.69. Year 2022: Revenue $1.8B, Net Income $134.7M, EPS $3.50. Year 2023: Revenue $1.8B, Net Income $134.7M, EPS $3.51. Year 2024: Revenue $1.8B, Net Income $199.7M, EPS $5.29. Year 2025: Revenue $1.8B, Net Income N/A, EPS $3.40.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Advanced Energy Industries Inc.'s revenue has grown significantly by 24% over the 5-year period, indicating strong business expansion. The most recent EPS of $3.40 reflects profitable operations.

AEIS Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-8.3%
Free cash flow / Revenue

AEIS Quarterly Earnings & Performance

Quarterly financial performance data for Advanced Energy Industries Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $404.6M N/A $0.65
Q3 2025 $374.2M N/A $0.14
Q2 2025 $364.9M $14.8M $0.39
Q1 2025 $327.5M $5.4M $0.14
Q3 2024 $374.2M $5.3M $0.14
Q2 2024 $364.9M $15.0M $0.40
Q1 2024 $327.5M N/A $0.14
Q3 2023 $410.0M $32.7M $0.86

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Advanced Energy Industries Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$6.0M
Cash generated from operations
Stock Buybacks
$500.0K
Shares repurchased (TTM)
Capital Expenditures
$36.6M
Investment in assets
Dividends Paid
$3.8M
Returned to shareholders

AEIS SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Advanced Energy Industries Inc. (CIK: 0000927003)

📋 Recent SEC Filings

Date Form Document Action
May 18, 2026 8-K tm2612734d5_8k.htm View →
May 14, 2026 8-K aeis-20260513x8k.htm View →
May 13, 2026 8-K aeis-20260513x8k.htm View →
May 8, 2026 8-K tm2612734d2_8k.htm View →
May 8, 2026 4 xslF345X06/ownership.xml View →

Frequently Asked Questions about AEIS

What is the AI rating for AEIS?

Advanced Energy Industries Inc. (AEIS) has a Combined AI Grade of A from Claude (B) and ChatGPT (A) with 70% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are AEIS's key strengths?

Claude: Strong revenue growth of 21.4% YoY with net income expansion of 173.7% YoY. Robust balance sheet with $699.5M cash, low leverage (0.41x Debt/Equity), and excellent interest coverage of 16.7x. ChatGPT: Revenue growth of 21.4% YoY with net income growth of 173.7% indicates strong operating recovery. Solid financial position with $791.2M in cash, current ratio of 1.59x, and debt/equity of 0.42x.

What are the risks of investing in AEIS?

Claude: Critical red flag: negative operating cash flow (-$6.0M) and free cash flow (-$42.6M) despite $66.8M net income, indicating potential working capital issues or earnings quality concerns. Poor capital efficiency with very low ROE (4.8%) and ROA (2.6%), suggesting assets are not generating adequate returns. ChatGPT: Operating margin of 9.3% and FCF margin of 7.0% suggest profitability is improved but not yet especially strong. Large earnings growth may partly reflect recovery from a weak prior period, making sustainability a key question.

What is AEIS's revenue and growth?

Advanced Energy Industries Inc. reported revenue of $511.0M.

Does AEIS pay dividends?

Advanced Energy Industries Inc. pays dividends, with $3.8M distributed to shareholders in the trailing twelve months.

Where can I find AEIS SEC filings?

Official SEC filings for Advanced Energy Industries Inc. (CIK: 0000927003) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is AEIS's EPS?

Advanced Energy Industries Inc. has a diluted EPS of $1.58.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is AEIS's fundamental grade?

Based on our AI fundamental analysis in June 2026, Advanced Energy Industries Inc. has a A grade with 70% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is AEIS stock overvalued or undervalued?

Valuation metrics for AEIS: ROE of 4.8% (sector avg: 22%), net margin of 13.1% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.

What is AEIS's AI grade for 2026?

Our dual AI analysis gives Advanced Energy Industries Inc. a combined A grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is AEIS's free cash flow?

Advanced Energy Industries Inc.'s operating cash flow is $-6.0M, with capital expenditures of $36.6M. FCF margin is -8.3%.

How does AEIS compare to other Technology stocks?

Vs Technology sector averages: Net margin 13.1% (avg: 18%), ROE 4.8% (avg: 22%), current ratio 1.59 (avg: 2.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 6, 2026 | Data as of: 2026-03-31 | Powered by Claude AI