Advanced Energy (NASDAQ:AEIS) Surpasses Expectations with 17.8% Q4 Revenue Growth

Advanced Energy (NASDAQ:AEIS) reported Q4 CY2025 results exceeding expectations, with sales up 17.8% YoY to $489.4M and non-GAAP EPS of $1.94, 8.8% above consensus. Next quarter guidance of $500M at the midpoint is 5.3% above analyst estimates. The semiconductor segment accounted for 43.2% of revenue, contributing 6.8% YoY growth, while industrial and medical equipment growth was 21.8% over the same period. Q4 operating margin expanded 3.4 ppts to 11.6%, and adjusted OI beat estimates. Sell-side analysts project 11.8% YoY revenue growth and 25.3% EPS expansion over the next 12 months. The stock rose 1.7% to $284.00 in after-hours trading. Over the past five years, sales CAGR was 4.9%, EPS CAGR 4.1%, and operating margin averaged 8.5%. While Q4 performance was strong, long-term growth and valuation remain key considerations for investors.