AES Corp.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $12.23B | $12.28B | $12.67B | $12.62B | $11.14B | $9.66B | $10.19B |
| US SBU (13-17) | — | — | — | — | — | — | — | — |
| Andes SBU (13-17) | — | — | — | — | — | — | — | — |
| Brazil SBU (13-17) | — | — | — | — | — | — | — | — |
| Europe SBU (13-16) | — | — | — | — | — | — | — | — |
| Asia SBU (13-16) | — | — | — | — | — | — | — | — |
| MCAC (13-22) | — | — | — | — | $2.87B | $2.16B | $1.77B | $1.88B |
| Eurasia (17-22) | — | — | — | — | $1.22B | $1.12B | $828.0M | $1.05B |
| US and Utilities SBU (18-22) | — | — | — | — | $5.01B | $4.34B | $3.92B | $4.06B |
| South America (18-22) | — | — | — | — | $3.54B | $3.54B | $3.16B | $3.21B |
| Renewables (23-25) | — | $2.91B | $2.51B | $2.34B | — | — | — | — |
| Utilities (23-25) | — | $4.12B | $3.61B | $3.50B | — | — | — | — |
| Energy Infrastructure (23-25) | — | $5.40B | $6.24B | $6.84B | — | — | — | — |
| New Energy Technologies (23-25) | — | $1.0M | $1.0M | $76.0M | — | — | — | — |
| Corporate and Other | — | $149.0M | $162.0M | $138.0M | $-20.0M | $-15.0M | $-11.0M | $-6.0M |
| Intersegment Eliminations | — | $-354.0M | $-241.0M | $-216.0M | — | — | — | — |
| Cost of Revenue | — | $10.02B | $9.96B | $10.16B | $10.07B | $8.43B | $6.97B | $7.84B |
| Gross Profit | — | $2.21B | $2.31B | $2.50B | $2.55B | $2.71B | $2.69B | $2.35B |
| Gross Margin | — | 18.1% | 18.8% | 19.8% | 20.2% | 24.3% | 27.9% | 23.1% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | $241.0M | $288.0M | $255.0M | $207.0M | $166.0M | $165.0M | $196.0M |
| Operating Income | — | $1.48B | $2.38B | $1.42B | $1.21B | $1.56B | $846.0M | $773.0M |
| Operating Margin | — | 12.1% | 19.4% | 11.2% | 9.6% | 14.0% | 8.8% | 7.6% |
| Interest Expense | — | $1.41B | $1.49B | $1.32B | $1.12B | $911.0M | $1.04B | $1.05B |
| Pretax Income | — | $75.0M | $894.0M | $104.0M | $96.0M | $644.0M | $-192.0M | $-277.0M |
| Income Tax Expense | — | $-181.0M | $59.0M | $261.0M | $265.0M | $-133.0M | $216.0M | $352.0M |
| Net Income | — | $910.0M | $1.68B | $249.0M | $-546.0M | $-409.0M | $46.0M | $303.0M |
| Net Margin | — | 7.4% | 13.7% | 2.0% | -4.3% | -3.7% | 0.5% | 3.0% |
| EPS (Basic) | — | $1.26 | $2.38 | $0.37 | $-0.82 | $-0.61 | $0.07 | $0.46 |
| EPS (Diluted) | — | $1.26 | $2.36 | $0.35 | $-0.82 | $-0.61 | $0.07 | $0.45 |
| Shares Outstanding (Basic) | 712.6M | 712.0M | 706.0M | 669.0M | 668.0M | 666.0M | 665.0M | 664.0M |
| Shares Outstanding (Diluted) | 712.6M | 714.0M | 713.0M | 712.0M | 668.0M | 666.0M | 668.0M | 667.0M |
| Dividends Per Share | — | $0.70 | $0.69 | $0.67 | $0.64 | $0.61 | $0.58 | $0.55 |