AEIS ADVANCED ENERGY INDUSTRIES INC

FY2025 10-K
Filed: Feb 13, 2026
Information Technology
Electronic Components, NECSEC EDGAR

ADVANCED ENERGY INDUSTRIES INC (AEIS) filed its fiscal year 2025 10-K annual report with the SEC on Feb 13, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Core business: precision power conversion, measurement, and control solutions for Semiconductor Equipment, Data Center, Industrial, Medical, Telecom markets
  • New credit agreement entered May 8, 2025, replacing prior 2019 agreement with senior unsecured term loan and revolving facility maturing 2030
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Management Discussion & Analysis

  • Revenue concentration: top 3 customers accounted for 54% in 2025 vs 37% in 2024
  • Largest customer revenue concentration increased, raising customer concentration risk
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Risk Factors

  • U.S. tariffs and export controls risk with potential material impact on demand, costs, or sales from future trade policy changes or retaliatory measures
  • Manufacturing consolidation risk from Zhongshan site closure in Q2 2025, finalizing in 2026, impacting operational footprint and costs
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Financial Summary
XBRL

Revenue

$1.8B

Net Income

$148M

Gross Margin

37.7%

Operating Margin

9.3%

Net Margin

8.2%

ROE

10.9%

Total Assets

$2.5B

EPS (Diluted)

$3.84

Operating Cash Flow

$233M

Source: XBRL data from ADVANCED ENERGY INDUSTRIES INC FY2025 10-K filing on SEC EDGAR. All figures in USD.

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