Advanced Energy Q3 revenue beats on record semiconductor and data center computing sales
AEIS•Advanced Energy reported Q3 revenue of $696.4 million, up 50% year over year and above analyst expectations, and adjusted EPS of $3.65, also a beat. It expects Q4 2026 revenue of $735 million, plus or minus $25 million.
1. Quarterly results
Q3 revenue rose 50% year over year to $696.4 million, beating the $644.86 million analyst consensus. Adjusted EPS was $3.65, versus the $3.04 consensus. Record semiconductor equipment revenue rose 64% year over year, while data center computing revenue rose 49% to a record.
2. Fourth-quarter outlook
Advanced Energy expects Q4 2026 revenue of $735 million, plus or minus $25 million. It forecasts GAAP EPS from continuing operations of $3.30, plus or minus $0.30, and non-GAAP EPS of $3.90, plus or minus $0.30.
