The Aes (AES) earnings history
Most recent quarter
- Fiscal period
- Q4 2025
- Period end
- Dec 31, 2025
- EPS actual
- $0.81
- EPS estimate
- $0.62
- EPS surprise
- +30.90%
- Revenue surprise
- +0.16%
- Revenue
- $3.1B
- Revenue estimate
- $3.1B
- Reported
- Mar 2, 2026
AES reported Q4 2025 results on March 2, 2026. Earnings per share came in at $0.81, ahead of the $0.62 estimate by 30.9%. Revenue was $3.1 billion, in line with the $3.1 billion consensus. Compared with Q4 2024, EPS rose 50% from $0.54, and revenue edged up from $3.0 billion. The $0.81 result is the highest quarterly EPS in the table.
The longer record shows earnings rising while sales held roughly level. Annual EPS grew every year, from $1.54 in 2021 to $1.67 in 2022, $1.76 in 2023, $2.13 in 2024 and $2.34 in 2025. That is a gain of about 52% over four years, including about 10% in 2025. Annual revenue moved in a narrow band, from $11.1 billion in 2021 to a peak of $12.7 billion in 2022 and $12.3 billion in 2025. Results against estimates were uneven. Over the last 20 quarters, AES beat the EPS estimate 14 times, with its largest beat at 56.11% in Q4 2024, but missed by 21.88% in Q1 2025.
The table ends with Q4 2025. In past years AES reported Q1 in early May and Q2 in early August, so later 2026 quarters are not yet reflected here.
Earnings history
| Period | Reported | EPS estimate | EPS actual | Surprise | Revenue | Filing |
|---|---|---|---|---|---|---|
| Q4 2025 | Mar 2, 2026 | $0.62 | $0.81 | +30.90% | $3.1B | SEC |
| Q3 2025 | Nov 4, 2025 | $0.77 | $0.75 | −2.08% | $3.4B | SEC |
| Q2 2025 | Aug 1, 2025 | $0.40 | $0.51 | +28.24% | $2.9B | SEC |
| Q1 2025 | May 1, 2025 | $0.35 | $0.27 | −21.88% | $2.9B | SEC |
| Q4 2024 | Feb 28, 2025 | $0.35 | $0.54 | +56.11% | $3.0B | SEC |
| Q3 2024 | Oct 31, 2024 | $0.60 | $0.71 | +19.31% | $3.3B | SEC |
| Q2 2024 | Aug 1, 2024 | $0.36 | $0.38 | +4.22% | $2.9B | SEC |
| Q1 2024 | May 2, 2024 | $0.34 | $0.50 | +46.50% | $3.1B | SEC |
| Q4 2023 | Feb 26, 2024 | $0.67 | $0.73 | +9.12% | $3.0B | SEC |
| Q3 2023 | Nov 2, 2023 | $0.54 | $0.60 | +11.13% | $3.4B | SEC |
| Q2 2023 | Aug 3, 2023 | $0.22 | $0.21 | −3.45% | $3.0B | SEC |
| Q1 2023 | May 4, 2023 | $0.22 | $0.22 | −1.70% | $3.2B | SEC |
| Q4 2022 | Feb 27, 2023 | $0.46 | $0.49 | +5.49% | $3.1B | SEC |
| Q3 2022 | Nov 4, 2022 | $0.54 | $0.63 | +16.28% | $3.6B | SEC |
| Q2 2022 | Aug 4, 2022 | $0.31 | $0.34 | +11.37% | $3.1B | SEC |
| Q1 2022 | May 5, 2022 | $0.26 | $0.21 | −20.72% | $2.9B | SEC |
| Q4 2021 | Feb 25, 2022 | $0.43 | $0.45 | +5.34% | $2.8B | SEC |
| Q3 2021 | Nov 3, 2021 | $0.44 | $0.50 | +13.64% | $3.0B | SEC |
| Q2 2021 | Aug 4, 2021 | $0.29 | $0.31 | +7.34% | $2.7B | SEC |
| Q1 2021 | May 6, 2021 | $0.30 | $0.28 | −7.10% | $2.6B | SEC |
Quarterly revenue
Frequently asked questions
When did The Aes (AES) last report earnings?
The Aes last reported on Mar 2, 2026, covering fiscal Q4 2025.
Did AES beat earnings estimates?
Yes. The Aes reported EPS of $0.81 for Q4 2025 against a $0.62 estimate — a 30.90% beat.
How much revenue did AES report last quarter?
The Aes reported $3.1B in revenue for Q4 2025, against a consensus estimate of $3.1B.
Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.
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