The financials
AES Corporation by the numbers
AES Corporation (AES) reported revenue of $3.42B in Q2 2026 (quarter ended Jun 30, 2026), up 20% from the same quarter a year earlier. That came with a gross margin of 20% and net income of $426M (12% of revenue). For the full year FY2025, revenue was $12.2B (−0.4% year on year) and net income $910M. Its largest segment in Q2 2026 was Energy Infrastructure at $1.50B, 43% of the disclosed total, ahead of Utilities at 29%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $3.42B | $2.85B | +20% |
| Gross profit | $692M | $453M | +53% |
| Net income | $426M | −$95M | to a profit |
| Diluted EPS | $0.60 | −$0.15 | to a profit |
| Operating | Revenue | Share |
|---|---|---|
| Energy Infrastructure | $1.50B | 43% |
| Utilities | $1.02B | 29% |
| Renewables | $939M | 27% |
| Corporate Other And Other | $39M | 1.1% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q2 2026Total $3.46B (+7.9%)
Renewables grew +46% year on yearCorporate Other And Other -9.3% year on year
Segment Latestquarter on quarteryear on year
- Energy Infrastructure$1.50B$1.50BQoQ +19%year on year +15%+19%+15%
- Utilities$1.02B$1.02BQoQ -10%year on year +6.7%-10%+6.7%
- Renewables$939.0M$939.0MQoQ +15%year on year +46%+15%+46%
- Corporate Other And Other$39.0M$39.0MQoQ +34%year on year -9.3%+34%-9.3%
- New Energy Technologies$0.00$0.00QoQ -year on year ---
- Corporate Other And Other Eliminations−$31.0M−$31.0MQoQ -year on year ---