The AES (AES) 10-K Summary — Year Ended Dec 31, 2025
The company's annual filing shows nearly flat revenue with positive net income and operating cash flow. The filing does not provide detailed business or risk descriptions.
Key takeaway
Year ended Dec 31, 2025 · FY2025 10-K
The company's annual filing shows nearly flat revenue with positive net income and operating cash flow. The filing does not provide detailed business or risk descriptions.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$12.2B
Revenue reported for the fiscal year.
Operating income
n/a
Income from operations reported for the year.
Net income
$910M
Net income reported for the year.
Operating cash flow
$4.3B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2024 | $6B | -52.4% |
| Sep 30, 2024 | $9.3B | +54.6% |
| Dec 31, 2024 | $12.3B | +31.8% |
| Dec 31, 2025 | $12.2B | -0.4% |
Business overview
The filing does not contain a business description in the supplied sections.
Financial performance
Revenue remained essentially unchanged from the previous period. The company reported net income and positive operating cash flow.
Material risks
No specific risk factors are described in the supplied filing context.
Liquidity and capital
The filing does not provide details on liquidity or capital allocation.
What to watch
Monitor the next filing for changes in revenue trends.