Advanced Energy Industries (AEIS) Investor presentation summary

Business overview and market position

• Global leader in precision power conversion, measurement, and control solutions for mission-critical applications, with 2025 revenue of $1.8B and over 1,000 patents issued.

• Major end markets: 47% semiconductor equipment, 33% data center computing, 15% industrial & medical, 5% telecom & networking.

• Over 70% of products are proprietary designs, supported by a technical team of 1,500+ engineers.

• Holds #1 market share in plasma power for semiconductors and #2 in medical power.

Strategic growth drivers

• Focus on high-value, sole-sourced proprietary designs and diversification across multiple markets to reduce cyclicality.

• Accelerating new product launches and expanding design wins in industrial, medical, and data center markets.

• Leveraging AI, electrification, energy efficiency, and industrial automation as macro growth drivers.

• Inorganic growth through strategic acquisitions, targeting synergistic and accretive businesses.

Financial performance and targets

• 2025 revenue reached $1.8B, up 21% YoY, with non-GAAP EPS of $6.41, up 73% YoY.

• Q2 2026 revenue hit a record $574M, up 30% YoY, with non-GAAP EPS of $2.74, up 83% YoY.

• Non-GAAP gross margin improved to 38.7% in 2025 and is targeted to reach ~43% by 2030.

• 2030 long-term model targets $3B revenue, 43.3% gross margin, and $15.00 non-GAAP EPS.