AES | 10-Q: FY2025 Q2 Revenue Beats Estimate at USD 5.781 B

Revenue: As of FY2025 Q2, the actual value is USD 5.781 B, beating the estimate of USD 3.012 B.

EPS: As of FY2025 Q2, the actual value is USD -0.08.

EBIT: As of FY2025 Q2, the actual value is USD 17 M.

Segment Revenue

• Non-Regulated Revenue: $1,922 million for Q2 2025, $2,070 million for Q2 2024, $3,863 million for H1 2025, $4,302 million for H1 2024.
• Regulated Revenue: $933 million for Q2 2025, $872 million for Q2 2024, $1,918 million for H1 2025, $1,725 million for H1 2024.

Operational Metrics

• Operating Margin: $453 million for Q2 2025, $553 million for Q2 2024, $894 million for H1 2025, $1,172 million for H1 2024.
• Net Income (Loss): -$150 million for Q2 2025, $153 million for Q2 2024, -$223 million for H1 2025, $431 million for H1 2024.
• Net Income (Loss) Attributable to The AES Corporation: -$95 million for Q2 2025, $276 million for Q2 2024, -$49 million for H1 2025, $708 million for H1 2024.

Cash Flow

• Net Cash Provided by Operating Activities: $1,521 million for H1 2025, $679 million for H1 2024.
• Net Cash Used in Investing Activities: -$2,882 million for H1 2025, -$4,224 million for H1 2024.
• Net Cash Provided by Financing Activities: $1,462 million for H1 2025, $3,759 million for H1 2024.

Unique Metrics

• Impairment Expense (Reversals): $154 million for Q2 2025, -$38 million for Q2 2024, $105 million for H1 2025, -$84 million for H1 2024.
• Foreign Currency Transaction Gains (Losses): -$28 million for Q2 2025, $38 million for Q2 2024, -$38 million for H1 2025, $30 million for H1 2024.

Future Outlook and Strategy

• Core Business Focus: The AES Corporation plans to continue its focus on renewable energy projects, including solar and battery storage systems, to enhance its portfolio and meet growing energy demands.
• Non-Core Business: The company is actively managing its non-core assets, including the sale of certain business interests and restructuring of debt to optimize its financial position.