The AES Corporation (AES)

Revenue Breakdown

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015
Non-Regulated Revenue	8.32B	8.20B	8.76B
Non-Regulated Revenue Growth	1.52%	-6.41%	-5.29%
Regulated Revenue	4.17B	4.04B	3.52B
Regulated Revenue Growth	3.19%	14.65%	2.89%
Revenue (Total)	12.49B	12.23B	12.28B
Revenue (Total) Growth	2.08%	-0.37%	-3.08%

Revenue Breakdown 2

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015
Renewables SBU Revenue	3.07B	2.91B	2.62B
Renewables SBU Revenue Growth	5.29%	11.31%	8.32%
Utilities SBU Revenue	4.25B	4.12B	3.61B
Utilities SBU Revenue Growth	3.08%	14.25%	3.23%
Energy and Infrastructure SBU Revenue	5.34B	5.40B	6.21B
Energy and Infrastructure SBU Revenue Growth	-1.19%	-12.97%	-8.79%
New Energy Technologies SBU Revenue	-	1.00M	1.00M
New Energy Technologies SBU Revenue Growth	-	-	-98.68%
Corporate & Other Revenue	142.00M	149.00M	162.00M
Corporate & Other Revenue Growth	-4.70%	-8.03%	17.39%
Eliminations from Revenue	-310.00M	-354.00M	-317.00M
Revenue (Total)	12.49B	12.23B	12.28B
Revenue (Total) Growth	2.08%	-0.37%	-3.08%

Adjusted EBITDA

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015
Renewables SBU Adjusted EBITDA	1.04B	932.00M	612.00M
Renewables SBU Adjusted EBITDA Growth	11.59%	52.29%	-12.20%
Utilities SBU Adjusted EBITDA	909.00M	863.00M	792.00M
Utilities SBU Adjusted EBITDA Growth	5.33%	8.96%	16.81%
Energy and Infrastructure SBU Adjusted EBITDA	1.18B	1.13B	1.31B
Energy and Infrastructure SBU Adjusted EBITDA Growth	4.60%	-13.48%	-12.64%
New Energy Technologies SBU Adjusted EBITDA	-31.00M	-35.00M	-38.00M
Corporate & Other Adjusted EBITDA	-6.00M	-29.00M	11.00M
Corporate & Other Adjusted EBITDA Growth	-	-	-50.00%
Eliminations from Adjusted EBITDA	13.00M	10.00M	-44.00M
Eliminations from Adjusted EBITDA Growth	30.00%	-	-
Operating Income (Other)	-916.00M	-901.00M	-613.00M
Operating Income (Total)	2.19B	1.97B	2.03B
Operating Income (Total) Growth	11.22%	-2.76%	-9.92%

Data Source: Fiscal.ai Last updated: May 5, 2026

Financial data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jul 13, 2026

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