Advanced Energy forecasts Q4 revenue of $735M ± $25M while targeting >$5B capacity by end of 2028

What happened: Advanced Energy Industries (AEIS) reported record Q3 2026 results above the high end of guidance and guided Q4 revenue to approximately $735 million, plus or minus $25 million. Key numbers: Q3 revenue $696 million, gross margin 42.1%, EPS $3.65. Q4 gross margin guided to 42% to 42.5%, Q4 non-GAAP EPS $3.90 plus or minus $0.30. Why it matters: Management raised its 2026 growth outlook and cited strong demand across target markets, with new products expected to drive market share gains and a line of sight to over 43% gross margin. Market: -2.2% today ($217.19), -2.1% YTD, 1.3x vol — as of 23:46 UTC Verified: Q3_2026 (Nov 2) EPS $3.65 vs $3.04 est, +19.9% beat; next print ~Feb 1 Coverage: 3 outlets in 24h

Advanced Energy Industries (AEIS) reported record Q3 2026 results above the high end of guidance and guided Q4 revenue to approximately $735 million, plus or minus $25 million.

Management raised its 2026 growth outlook and cited strong demand across target markets, with new products expected to drive market share gains and a line of sight to over 43% gross margin. Market: -2.2% today ($217.19), -2.1% YTD, 1.3x vol — as of 23:46 UTC Verified: Q3_2026 (Nov 2) EPS $3.65 vs $3.04 est, +19.9% beat; next print ~Feb 1