Advanced Energy non-GAAP EPS climbs 31% year-over-year to $2.74; revenue rises 30% to $574 million in FY26 Q2
Reuters2026/08/03 20:03- Advanced Energy Q2 2026 revenue rose 30% year-over-year to $574 million, topping the high end of guidance.
- GAAP EPS from continuing operations increased to $1.29 from $0.67 a year earlier; GAAP net income from continuing operations climbed to $55 million.
- Non-GAAP EPS rose to $2.74 from $1.5 a year earlier; GAAP gross margin widened 4.1 percentage points to 41.1%.
- Semiconductor Equipment revenue grew 33% year-over-year to a record $278.3 million; cash flow from continuing operations hit a record $86 million.
- Forecasts Q3 2026 revenue of $640 million ± $20 million; guides to GAAP EPS from continuing operations of $2.38 ± $0.25.
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