Earnings Release

Advanced Energy Industries Inc.'s latest earnings press release, filed Aug 3, 2026, scored line by line for tone, guidance and what changed since the prior release.

New outlook issued18 lines scoredFiled Aug 3, 2026SEC 8-K · Exhibit 99

Release Tone

UPBEAT

GuidanceNew outlook issuedWhat this release does to the company's outlook

Tone change▼ 2.7pointsvs the prior release (May 4, 2026)

Hedging language0.64per 100 words▲ 0.26 vs prior

New this quarter9of 18 linesWording that was not in the prior release

The lines that matter most

Ranked by how material, how strongly worded and how new each sentence is.

1
Record Semiconductor revenue grew 33% year-over-year
New this quarter
2
Revenue was $574 million, up 30% year-over-year and above the high end of guidance
3
“In the second quarter, we delivered record results , with both revenue and earnings per share exceeding the high end of our guidance,” said Steve Kelley, president and CEO of Advanced Energy.
New this quarter
4
Revenue was $574 million in the second quarter of 2026, compared with $511 million in the first quarter of 2026 and $442 million in the second quarter of 2025.
5
GAAP net income from continuing operations was $55 million or $1.29 per diluted share in the quarter, compared with $67 million or $1.59 per diluted share in the prior quarter, and $26 million or $0.67 per diluted share a year ago .
6
GAAP EPS from continuing operations was $1.29; non-GAAP EPS was $2.74, above the high end of guidance
Negative tone
7
Advanced Energy generated a record $86 million in cash flow from continuing operations during the quarter and paid $4.1 million in quarterly dividends.
New this quarter
8
Cash flow from continuing operations was a record $86 million

Release by release

Tone and guidance for the last 2 earnings releases.

Aug 3, 2026New outlook issued67.5-2.7
May 4, 2026New outlook issued70.2

Bar length: tone on a 50–76 scale.

The release, annotated

1Highlight rankPositive toneNeutralNegative toneDimmed text: low materiality

Results

2Revenue was $574 million, up 30% year-over-year and above the high end of guidance

1Record Semiconductor revenue grew 33% year-over-year

GAAP gross margin was 41.1%; non-GAAP gross margin was 41.9%

6GAAP EPS from continuing operations was $1.29; non-GAAP EPS was $2.74, above the high end of guidance

8Cash flow from continuing operations was a record $86 million

DENVER, Colo., August 3, 2026 - Advanced Energy Industries, Inc. (Nasdaq: AEIS), a global leader in highly engineered, precision power conversion, measurement, and control solutions, announced financial results for the second quarter ended June 30, 2026.

Management commentary

3“In the second quarter, we delivered record results , with both revenue and earnings per share exceeding the high end of our guidance,” said Steve Kelley, president and CEO of Advanced Energy.

“Demand continues to strengthen across all of our markets, and we believe that our solid execution and strategic investments will enable profitable growth into 2027.

With strong new product momentum, we expect to gain share and outgrow our markets in the years ahead.”

Results

Quarter Results

4Revenue was $574 million in the second quarter of 2026, compared with $511 million in the first quarter of 2026 and $442 million in the second quarter of 2025.

5GAAP net income from continuing operations was $55 million or $1.29 per diluted share in the quarter, compared with $67 million or $1.59 per diluted share in the prior quarter, and $26 million or $0.67 per diluted share a year ago .

GAAP net income included $31.8 million or $0.75 per diluted share of inducement costs related to the partial conversion of the 2028 convertible senior notes.

Non-GAAP net income was $112 million or $2.74 per diluted share in the second quarter of 2026.

This compares with $83 million or $2.09 per diluted share in the prior quarter, and $57 million or $1.50 per diluted share in the second quarter of 2025.

7Advanced Energy generated a record $86 million in cash flow from continuing operations during the quarter and paid $4.1 million in quarterly dividends.

Outlook

Third Quarter 2026 Guidance

Based on the Company’s current view, beliefs, and assumptions, guidance is within the following ranges:

52 boilerplate lines (safe-harbor disclaimer, contacts, call details) are set aside.

How this is scored

Source: the press release Advanced Energy Industries Inc. filed with the SEC as Exhibit 99 to Form 8-K (Item 2.02). Financial statements and boilerplate are set aside.
Tone: a financial sentiment model scores each sentence 0 to 100; the release score weights sentences by how material they are.
Materiality and guidance: a classifier judges whether each sentence is specific information, and what the release does to the outlook.
New this quarter: wording that does not appear in the prior release.
Hedging: uncertainty words (may, could, approximately, headwinds and similar) per 100 words of narrative.

These scores describe the release's language. They are not a forecast or a recommendation. Read the original filing

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