AES (AES) financial statements

−5.7%since 2009
FY2025 revenue
$12.2B▼ −0.4%
FY2025 net income
$910M▼ −45.8%
FY2025 diluted EPS
$1.26▼ −46.6%
FY2025 free cash flow
−$1.6B

AES income statement

AES income statement
USD millionsFY2025FY2024FY2023
Period ended31 Dec 202531 Dec 202431 Dec 2023
Revenue12,23312,27812,668
Gross profit2,2112,3142,504
Pretax income75894104
Net income9101,679249
Diluted earnings per share1.262.360.35

AES balance sheet

AES balance sheet
USD millionsFY2025FY2024FY2023
Period ended31 Dec 202531 Dec 202431 Dec 2023
Cash and cash equivalents1,3822,0391,990
Total assets51,76847,40644,799
Total liabilities (derived)39,83938,76437,350
Total equity9,1057,7045,985

AES cash flow statement

AES cash flow statement
USD millionsFY2025FY2024FY2023
Period ended31 Dec 202531 Dec 202431 Dec 2023
Operating cash flow4,3062,7523,034
Capital expenditure-5,929-7,392-7,724
Free cash flow (derived)-1,623-4,640-4,690
Dividends paid-501-483-444

Quarterly highlights

Quarterly highlights
USD millionsQ3 FY2026Q2 FY2026Q1 FY2026Q4 FY2025
Period ended30 Sep 202630 Jun 202631 Mar 202631 Dec 2025
Revenue (derived)3,8723,4223,1803,101
Net income (derived)553426487320
Diluted earnings per share0.760.600.68n/a
Operating cash flow (derived)1,2001,0461,2011,488
Total assets56,04754,23852,81951,768

AES major shareholders

AES major shareholders
HolderShare of classSharesFiled
Vanguard Capital Management7.4%52,416,48530 April 2026
STATE STREET CORPORATION6.1%43,744,63511 August 2025
BlackRock, Inc.5.9%42,148,44817 April 2025

AES 10-K and SEC filings

AES 10-K and SEC filings
FiledFormTypeDescription
3 November 202610-QQuarterly reportQuarterly report
28 October 20268-KCurrent reportCurrent report
19 October 20268-KCurrent reportCurrent report
17 September 20268-KCurrent reportCurrent report
16 September 20268-KCurrent reportCurrent report
27 August 20268-KCurrent reportCurrent report
5 August 20268-KCurrent reportFORM 8-K
4 August 202610-QQuarterly reportQuarterly report

Common questions

What was AES's revenue in fiscal 2025?

AES reported $12.2 billion in revenue for fiscal 2025, the year ended 31 December 2025, down 0.4% from fiscal 2024.

What was AES's net income in fiscal 2025?

AES reported net income of $910 million for fiscal 2025, the year ended 31 December 2025, down 45.8% from fiscal 2024. Diluted earnings per share were $1.26.

What was AES's free cash flow in fiscal 2025?

AES had negative free cash flow of $1.6 billion in fiscal 2025. Operating cash flow was $4.3 billion and capital expenditure was $5.9 billion.

What were AES's total assets at the end of fiscal 2025?

AES reported total assets of $51.8 billion at the end of fiscal 2025, the year ended 31 December 2025.

How much AES history do I get?

Every account gets the full history, annual and quarterly, with first reported values and as of dates.