AES Q3 FY2026: revenue up 15.6%, EPS down, cash flow negative
AES posted a strong revenue and gross-margin quarter, but weak cash flow and heavy leverage keep the view mixed. Revenue rose 15.6% to $3.87 billion and gross margin reached 25.4%, while diluted EPS fell to $0.76 and free cash flow was negative $307 million. Read the scorecard against the prior-year quarter, then check the balance sheet: debt is large and the input flags payables and equity data mismatches.
1 · Expected vs. Actual
Free preview belowDiluted EPS was $0.76, down from $0.89 in the prior-year quarter, and nine-month EPS was $2.04 versus $0.81. The quarter included a $91 million asset impairment charge and a $10 million tax benefit, and the input gives no non-GAAP EPS, so the clean earnings picture is incomplete.
Revenue rose 15.6% to $3.87 billion from $3.35 billion, with non-regulated revenue at $2.65 billion and regulated at $1.22 billion. Gross margin jumped to 25.4% from 21.9%, the best of the eight quarters shown, so the top line came with better cost leverage.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-11-03
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