AEIS

ADVANCED ENERGY INDUSTRIES INC

Ticker: AEISTechnologyElectronic Equipment
HQ DENVER, COCIK 927003FY end 12-31Book / share $34.42Shares 42M
Revenue (FY)
$1.80B+21.37%
TTM $2.04B
Op. margin
9.34%+6.87%
TTM 13.21%
Net income
$149.30M+165.16%
TTM $220.70M
Operating cash
$233.30M+78.44%
TTM $238.20M
Free cash flow
$125.90M+70.23%
TTM $86.70M
Return on equity
11.70%+4.49%
TTM 15.07%
Debt / equity
0.43-0.05%
TTM 0.87
Shares outstanding
38.6M+2.01%
TTM 42.3M

The business

Advanced Energy Industries, Inc. (NASDAQ: AEIS) is a global provider of highly engineered precision power conversion, measurement, and control solutions. The company designs, manufactures, sells, and services power products that transform and refine electrical power from utility or facility sources into highly controllable, customizable power for complex equipment across multiple industries. Advanced Energy's website is www.advancedenergy.com.

The company operates as a single segment focused on power electronics conversion products, serving four primary end markets: Semiconductor Equipment, Data Center Computing, Industrial and Medical, and Telecom and Networking. In the Semiconductor Equipment market, Advanced Energy supplies plasma power, high-voltage power, system power, and sensing solutions used in etch, deposition, ion implant, inspection, metrology, thermal, epitaxy, and packaging applications. The Data Center Computing market benefits from the company's high-efficiency, high-density power solutions designed for next-generation AI-based server racks and storage systems. The Industrial and Medical market receives precision power conversion products for manufacturing processes, medical devices, life science equipment, robotics, aerospace, and defense applications. The Telecom and Networking market utilizes the company's application-specific power conversion products for wireless infrastructure and computer networking equipment.

Advanced Energy maintains a globally diverse workforce of approximately 13,000 employees located across the Asia-Pacific region, Europe, and North America. The company manufactures primarily in the Philippines, Malaysia, and Mexico, with specialty manufacturing in the United States, United Kingdom, and Europe. The company is executing a manufacturing consolidation plan that includes facility optimization and the construction of a new factory in Thailand.

The company serves original equipment manufacturers, distributors, and end customers worldwide. During 2025, three customers accounted for 23%, 19%, and 12% of total revenue respectively. Advanced Energy invests significantly in research and development, with R&D expenses representing approximately 12.2% to 14.3% of total revenue in recent years. The company holds numerous U.S. and foreign patents and maintains multiple patent applications pending across key markets.

Sector
Technology
Industry
Electronic Equipment
HQ
DENVER, CO
FY end
12-31
CIK
927003
SIC
3679
Financial performance · annual
20132025
$-203.78M$407.56M$1.02B$1.63B$2.24B2013201420152016201720182019202020212022202320242025TTMTTMTTM

Ownership

Who holds ADVANCED ENERGY INDUSTRIES INC — across funds, superinvestors and bonds · N-PORT 2026Q2 · 13F 2026-06-30

534
funds hold it
1 of 35
superinvestors hold it
$6.69B
fund-held value
46.6%
of shares held by funds
2
bond issues held by funds

Top fund holders

Fund% of fundValue
iShares Core S&P Mid-Cap ETF
IJH · iShares Trust
0.39%$485.31M
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.02%$449.85M
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.17%$325.08M
Columbia Seligman Technology and Information Fund
SLMCX · Columbia Funds Series Trust II
0.75%$210.06M
VANGUARD SMALL-CAP GROWTH INDEX FUND
VBK · VANGUARD INDEX FUNDS
0.40%$187.58M

Superinvestors in ADVANCED ENERGY INDUSTRIES INC

Polen CapitalNEW
Polen Capital Management
<0.1%

Share of each manager's reported 13F portfolio.

Bonds held by funds

Funds report holding 2 issues of ADVANCED ENERGY INDUSTRIES INC's debt, $373.69M at fund-held market value — what funds hold, not the company's debt outstanding. Weighted-average coupon 2.50%, maturing 20282031.

IssueCouponMaturesFundsFund-held
AEIS 2.5 09/15/282.500%2028-09-1523$279.45M
AEIS 0 05/15/310.000%None2031-05-1550$94.23M

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

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15 years of ADVANCED ENERGY INDUSTRIES INC's financials

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