Revenue for AES (AES)
According to AES's latest reported financial statements, the company's current revenue (TTM) is $12.23B USD. Revenue is the total income from selling goods or services before any expenses. Unlike net income (earnings), revenue does not subtract operating costs, taxes, or other charges. Figures are in USD; chart and tables below use historical filings (not a live revenue-per-second estimate).
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

AES
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TTM (last 4 quarters)
$12.23B
YoY change
-0.4%
5Y CAGR
+4.8%
Peak year (2012)
$18.13B
Cumulative revenue
$326.00B
Revenue history chart for AES (AES) from 1990 to 2025
Revenue history table for AES (AES) from 1990 to 2025
| Fiscal year | Period ended | Reported | Revenue | YoY |
|---|---|---|---|---|
| 2025 | $12.23B | -0.4% | ||
| 2024 | $12.28B | -3.1% | ||
| 2023 | $12.68B | +0.5% | ||
| 2022 | $12.62B | +13.2% | ||
| 2021 | $11.14B | +15.3% | ||
| 2020 | $9.66B | -5.2% | ||
| 2019 | $10.19B | -5.1% | ||
| 2018 | $10.74B | +2.3% | ||
| 2017 | $10.51B | +3.3% | ||
| 2016 | $10.17B | -27.9% | ||
| 2015 | $14.11B | -17.5% | ||
| 2014 | $17.11B | +7.7% | ||
| 2013 | $15.88B | -12.4% | ||
| 2012 | $18.13B | +4.5% | ||
| 2011 | $17.34B | +4.7% | ||
| 2010 | $16.57B | +18.9% | ||
| 2009 | $13.93B | -13.3% | ||
| 2008 | $16.07B | +18.3% | ||
| 2007 | $13.59B | +17.4% | ||
| 2006 | $11.58B | +13.0% | ||
| 2005 | $10.25B | +9.1% | ||
| 2004 | $9.39B | 0.0% | ||
| 2003 | $9.39B | +27.3% | ||
| 2002 | $7.38B | +17.2% | ||
| 2001 | $6.30B | +1.5% | ||
| 2000 | $6.21B | +90.8% | ||
| 1999 | $3.25B | +35.7% | ||
| 1998 | $2.40B | +70.0% | ||
| 1997 | $1.41B | +69.0% | ||
| 1996 | $835.00M | +23.0% | ||
| 1995 | $679.00M | +27.4% | ||
| 1994 | $533.00M | +2.8% | ||
| 1993 | $518.70M | +29.4% | ||
| 1992 | $401.00M | +20.2% | ||
| 1991 | $333.50M | +75.3% | ||
| 1990 | $190.20M | — |
Revenue values are taken from AES's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, AES (AES) reported revenue of $12.23B – edged down 0.4% year-over-year.
AES revenue has recorded the values shown across consecutive periods, with a +4.8% compound annual growth rate over 2020–2025 (5 years).
AES revenue peaked at $18.13B in 2012; the latest annual figure is $12.23B in 2025 (32.5% below peak).
Across the available history, revenue reached its high of $18.13B in 2012 and its low of $190.20M in 1990.
AES (AES) sits 9th of 8 Utilities peers we track on this metric, against a peer median of $26.50B.
AES Revenue by Year
AES Revenue 2025: $12.23B
AES revenue in 2025 was $12.23B, edged down 0.4% below 2024.
AES Revenue 2024: $12.28B
AES revenue in 2024 was $12.28B, edged down 3.1% below 2023.
AES Revenue 2023: $12.68B
AES revenue in 2023 was $12.68B, edged up 0.5% from 2022.
AES Revenue 2022: $12.62B
AES revenue in 2022 was $12.62B, grew 13.2% from 2021.
AES Revenue 2021: $11.14B
AES revenue in 2021 was $11.14B.
See more financial history for AES (AES).
Sector peers — Revenue
Companies in the same sector as AES, ranked by their latest revenue.
| Company | Revenue | Sector |
|---|---|---|
| GE Vernova Inc. (GEV) | $38.07B | Utilities |
| Duke Energy Corporation (DUK) | $32.24B | Utilities |
| The Southern Company (SO) | $29.55B | Utilities |
| NextEra Energy, Inc. (NEE) | $27.48B | Utilities |
| Constellation Energy Corporation (CEG) | $25.53B | Utilities |
| American Electric Power Company, Inc. (AEP) | $21.78B | Utilities |
| Dominion Energy, Inc. (D) | $16.51B | Utilities |
| Sempra (SRE) | $13.71B | Utilities |
Frequently asked questions
What is AES's revenue?
- Latest reported revenue for AES (AES) is $12.23B (period ending December 31, 2025).
How has AES revenue changed year-over-year?
- AES (AES) revenue changed -0.4% year-over-year on the latest annual filing.
What is the long-term growth rate of AES revenue?
- AES (AES) revenue compound annual growth rate is +4.8% over the most recent 5 years available.
When did AES revenue hit its highest annual value?
- AES revenue reached its highest annual value of $18.13B in 2012.
What was AES revenue in 2024?
- AES (AES) revenue in 2024 was $12.28B.
What was AES revenue in 2025?
- AES (AES) revenue in 2025 was $12.23B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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