AES CORP (AES) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	13.6B	12.2B	12.3B	12.7B	12.6B
Cost of Revenue	7.8B	10.0B	10.0B	10.2B	10.1B
Gross Profit	1.9B	2.2B	2.3B	2.5B	2.5B
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	254.0M	241.0M	288.0M	255.0M	207.0M
General & Admin Expense	254.0M	241.0M	288.0M	255.0M	207.0M
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	—	—	—	—	—
Total Operating Expenses	254.0M	241.0M	288.0M	255.0M	207.0M
Cost and Expenses	8.0B	10.3B	10.3B	10.4B	10.3B
Operating Income (EBIT)	2.3B	2.0B	2.0B	2.3B	2.3B
Non-Operating
Interest Income	273.0M	287.0M	381.0M	551.0M	389.0M
Interest Expense	733.0M	1.4B	1.5B	1.3B	1.1B
Net Interest Income	(892.0M)	(1.1B)	(1.1B)	(751.0M)	(670.0M)
Other Non-Op Income/Expense	(1.3B)	(1.9B)	(1.2B)	(2.2B)	(2.6B)
Non-Operating Income (excl Interest)	529.0M	488.0M	(383.0M)	854.0M	1.5B
EBT (Pre-Tax Income)	919.0M	20.0M	868.0M	72.0M	(240.0M)
Income Tax Expense	(205.0M)	(181.0M)	59.0M	261.0M	265.0M
Bottom Line
Net Income	1.8B	949.0M	1.7B	242.0M	(546.0M)
Earnings from Cont. Ops	571.0M	201.0M	809.0M	(189.0M)	(505.0M)
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	1.3B	939.0M	1.7B	243.0M	(546.0M)
Per Share
Basic EPS	$1.74	$1.26	$2.38	$0.37	($0.82)
Diluted EPS	$1.74	$1.26	$2.36	$0.35	($0.82)
Revenue Per Share	—	$17.18	$17.40	$18.95	$18.95
Shares
Basic Shares Outstanding	—	712.0M	705.5M	669.0M	665.9M
Diluted Shares Outstanding	—	712.0M	713.0M	712.0M	668.0M
Profitability Metrics
EBITDA	3.0B	2.9B	3.7B	2.5B	1.9B
D&A	1.3B	1.5B	1.3B	1.1B	1.1B
EBIT	1.2B	1.5B	2.4B	1.4B	890.0M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026