Advanced Energy Industries reported second quarter 2026 financial results on August 3, 2026. Revenue reached $574 million, a 30% year-over-year increase and above the high end of guidance. GAAP diluted EPS from continuing operations was $1.29, while non-GAAP diluted EPS was $2.74, also exceeding guidance. The company generated record cash flow from continuing operations of $86 million. Management provided third quarter 2026 revenue guidance of $640 million plus or minus $20 million and non-GAAP EPS guidance of $3.00 plus or minus $0.25. Advanced Energy Industries is a global leader in the design and manufacture of precision power conversion, measurement, and control solutions for semiconductor equipment, data centers, industrial, medical, and telecommunications applications.

On June 12, 2026, Advanced Energy Industries, Inc. issued a notice to redeem all $136,709,000 of its outstanding 2.50% Convertible Senior Notes due 2028. The redemption is scheduled for September 23, 2026. The company designs and manufactures precision power conversion, measurement, and control solutions for semiconductor, medical, and industrial markets.