The AES Corporation
AES Utilities Utilities Diversified
The AES Corporation’s revenue for fiscal 2025 (year ended December 2025) was $12.2 billion, roughly unchanged from fiscal 2024.
- Revenue
- +15.6%
- EPS
- −17.0%
- Free cash flow
- +39.9%
- Total debt
- +7.83%
Quarter to September 2026, against a year earlier
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The AES Corporation 10-Q filed Aug 1, 2025
What changed
Part I, Item 2, Management’s Discussion and Analysis, against the 10-Q filed May 1, 2025: 100 added · 32 removed · 122 modified; 26 with only figures updated
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Removed · Executive Summary
Compared with last year, first quarter net income decreased $351 million, from net income of $278 million to a net loss of $73 million. This decrease is the result of higher prior year revenues from the monetization of the Warrior Run coal plant PPA, one-time costs due to organizational restructuring, and a gain in the prior year on dilution of our interest in Uplight; partially offset by higher contributions from the Utilities and Renewables SBUs.