AES Q2 net income swings to profit at $387 million; revenue rises 20% to $3.42 billion vs FY25

Reuters2026/08/04 21:39

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AES swung to net income of $387 million in Q2, from a net loss of $150 million a year earlier.
Revenue rose 20% to $3.42 billion, driven by gains at Renewables and Energy Infrastructure.
Operating margin climbed 53% to $692 million, on higher Renewables margins and stronger spot-market results in Energy Infrastructure.
Adjusted EBITDA (non-GAAP) increased 32% to $898 million, reflecting higher development services in the U.S. and improved retail margin at AES Ohio.
A proposed merger with Horizon Parent remained pending; general and administrative expenses rose 27% to $62 million, including $11 million of merger-related costs.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The AES Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000874761-26-000144), on August 04, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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AES Q2 net income swings to profit at $387 million; revenue rises 20% to $3.42 billion vs FY25

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