# ADVANCED ENERGY INDUSTRIES INC

Summary updated: 2026-10-02T12:59:12.39166Z
Canonical: https://finbar.com/research/companies/advanced-energy-industries-inc

## Overview

Advanced Energy Industries, Inc. designs, manufactures, sells, and services precision power-conversion, measurement, and control solutions for complex equipment. Its products include plasma-power systems used in semiconductor and thin-film manufacturing, as well as power, sensing, control, and instrumentation products serving semiconductor equipment, data-center computing, industrial, medical, aerospace and defense, networking, and telecommunications markets. The company describes its mission as enabling customer innovation through highly engineered, applications-critical precision power and control solutions. [1](https://app.finbar.com/go?id=P42822268)[2](https://app.finbar.com/go?id=P41150579)[3](https://www.advancedenergy.com/en-us/about/)

Advanced Energy generated $1.8 billion in revenue in 2025 and reported more than 10,000 employees worldwide as of December 31, 2025. It operates across Asia-Pacific, Europe, and North America, with manufacturing concentrated mainly in Asia-Pacific; customers outside the United States accounted for 70% of 2025 revenue. [4](https://app.finbar.com/go?id=T2610150)[5](https://www.advancedenergy.com/getattachment/4909c2d4-4f06-4778-91f0-0701bc6fc758/Slavery-and-Human-Trafficking-Statement-2026.pdf)[6](https://app.finbar.com/go?id=P49136192)
[1](https://app.finbar.com/go?id=P42822268)[2](https://app.finbar.com/go?id=P41150579)[3](https://www.advancedenergy.com/en-us/about/)[4](https://app.finbar.com/go?id=T2610150)[5](https://www.advancedenergy.com/getattachment/4909c2d4-4f06-4778-91f0-0701bc6fc758/Slavery-and-Human-Trafficking-Statement-2026.pdf)[6](https://app.finbar.com/go?id=P49136192)[3](https://www.advancedenergy.com/en-us/about/)[5](https://www.advancedenergy.com/getattachment/4909c2d4-4f06-4778-91f0-0701bc6fc758/Slavery-and-Human-Trafficking-Statement-2026.pdf)

## Products & services

Advanced Energy Industries supplies precision power-conversion, measurement and control products, including plasma power, high- and low-voltage power, system power, and sensing, controls and instrumentation. Its products support semiconductor processes such as etch, deposition, ion implantation, inspection and metrology, as well as data-center computing, industrial production, medical equipment, aerospace and telecommunications. [1](https://app.finbar.com/go?id=P42822268)[7](https://app.finbar.com/go?id=P63584437)[2](https://app.finbar.com/go?id=P41150579)

Named products include Paramount RF generators, specified for 2–60 MHz, and Paramount Plus generators, specified for 1–60 MHz and 1.5–15 kW; the product pages identify uses including etch, PECVD, PVD, chamber clean and PEALD. The eVerest RF generator supports configurable multi-level pulsing, while the Ascent AP is a pulsed-DC power system. [8](https://www.advancedenergy.com/en-us/products/plasma-power-products/rf-plasma-generators/paramount/)[9](https://www.advancedenergy.com/en-us/products/plasma-power-products/rf-plasma-generators/paramount-plus/)[10](https://www.advancedenergy.com/en-us/products/plasma-power-products/rf-plasma-generators/everest/)[11](https://www.advancedenergy.com/en-us/products/plasma-power-products/pulsed-and-dc-power-systems/ascent-ap/)

For computing, the Artesyn CRPS family includes power supplies rated from 550 to 2,400 W, with stated power density up to 75 W/in³; the broader data-center range includes AC-DC and DC-DC front-end supplies and rack systems. Medical and industrial offerings include configurable modular supplies rated across 0.9–1,000 V and up to 30 kW; named families include Excelsys Ultimod (600–1,200 W) and Artesyn iMP (750–1,500 W). [12](https://www.advancedenergy.com/en-us/products/ac-dc-power-supply-units/ac-dc-front-end-psus/crps-series/)[13](https://www.advancedenergy.com/en-us/applications/datacenter-computing/)[14](https://www.advancedenergy.com/en-us/products/ac-dc-power-supply-units/configurable-modular-psus/medical/)[15](https://www.advancedenergy.com/en-us/products/ac-dc-power-supply-units/configurable-modular-psus/product-families/)

Services include repair, calibration, conversion, upgrades, refurbishment and used equipment; repair services use company-qualified parts and testing intended to restore products to original-equipment specifications. In the six months ended June 30, 2026, sales by end market were 45.9% Semiconductor Equipment, 35.5% Data Center Computing, 14.0% Industrial and Medical, and 4.6% Telecom and Networking; these are end-market shares, not sales shares for individual product families. [16](https://app.finbar.com/go?id=P60767907)[17](https://www.advancedenergy.com/en-us/services/)[18](https://www.advancedenergy.com/en-us/services/repair/)[19](https://app.finbar.com/go?id=T16672437)
[1](https://app.finbar.com/go?id=P42822268)[7](https://app.finbar.com/go?id=P63584437)[2](https://app.finbar.com/go?id=P41150579)[16](https://app.finbar.com/go?id=P60767907)[19](https://app.finbar.com/go?id=T16672437)[19](https://app.finbar.com/go?id=T16672437)[19](https://app.finbar.com/go?id=T16672437)[19](https://app.finbar.com/go?id=T16672437)[8](https://www.advancedenergy.com/en-us/products/plasma-power-products/rf-plasma-generators/paramount/)[9](https://www.advancedenergy.com/en-us/products/plasma-power-products/rf-plasma-generators/paramount-plus/)[10](https://www.advancedenergy.com/en-us/products/plasma-power-products/rf-plasma-generators/everest/)[11](https://www.advancedenergy.com/en-us/products/plasma-power-products/pulsed-and-dc-power-systems/ascent-ap/)[12](https://www.advancedenergy.com/en-us/products/ac-dc-power-supply-units/ac-dc-front-end-psus/crps-series/)[13](https://www.advancedenergy.com/en-us/applications/datacenter-computing/)[14](https://www.advancedenergy.com/en-us/products/ac-dc-power-supply-units/configurable-modular-psus/medical/)[15](https://www.advancedenergy.com/en-us/products/ac-dc-power-supply-units/configurable-modular-psus/product-families/)[17](https://www.advancedenergy.com/en-us/services/)[18](https://www.advancedenergy.com/en-us/services/repair/)

## Geographic presence

Advanced Energy Industries is headquartered in Denver, Colorado, and its 2025 annual report lists facilities across North America, Europe and Asia, including U.S. locations in Fort Collins, Lockport, Milpitas, Vancouver and Wilmington; sites in the U.K., Mexico, Malaysia, the Philippines, Singapore, South Korea and Taiwan; and locations in Hong Kong and mainland China. Singapore is identified as its global operations headquarters. [20](https://www.sec.gov/Archives/edgar/data/927003/000110465926014731/aeis-20251231x10k.htm) Manufacturing was primarily located in the Philippines, Malaysia and Mexico, with limited specialty manufacturing in the U.S., U.K. and Europe. The company reported that manufacturing in Zhongshan, China, ceased in the second quarter of 2025, while it was expanding capacity in the Philippines and Mexicali and developing a Thailand factory. [21](https://app.finbar.com/go?id=P96852496)

For 2025, customers outside the U.S. accounted for 70% of revenue; the company did not disclose a further country- or region-level revenue breakdown. [6](https://app.finbar.com/go?id=P49136192) Employees were located in Asia-Pacific, Europe and North America; the company reported approximately 13,000 employees but no regional headcount split. [22](https://app.finbar.com/go?id=P67801260)
[21](https://app.finbar.com/go?id=P96852496)[6](https://app.finbar.com/go?id=P49136192)[22](https://app.finbar.com/go?id=P67801260)[20](https://www.sec.gov/Archives/edgar/data/927003/000110465926014731/aeis-20251231x10k.htm)

## Business segments

Advanced Energy Industries reports one operating and reportable segment: power electronics conversion products. Its four revenue categories—Semiconductor Equipment, Data Center Computing, Industrial and Medical, and Telecom and Networking—are end markets, not separate reportable segments. [23](https://app.finbar.com/go?id=P88229088)[24](https://app.finbar.com/go?id=P145688312)

In FY2025, Semiconductor Equipment accounted for 46.7% of revenue ($839.9 million); products support semiconductor processes such as etch, deposition, inspection and testing. [4](https://app.finbar.com/go?id=T2610150)[25](https://app.finbar.com/go?id=P112783417)[26](https://app.finbar.com/go?id=P145688328) Data Center Computing contributed 32.6% ($587.3 million), with power solutions for server and storage systems, including custom racks and power shelves. [4](https://app.finbar.com/go?id=T2610150)[27](https://app.finbar.com/go?id=P16694350)[28](https://app.finbar.com/go?id=P145688332) Industrial and Medical contributed 15.7% ($282.3 million); offerings include precision power conversion, sensing, control and instrumentation for applications such as medical and life-science equipment, robotics, industrial production, defense and aerospace. [4](https://app.finbar.com/go?id=T2610150)[29](https://app.finbar.com/go?id=P145688338) Telecom and Networking contributed 5.0% ($89.3 million), serving wireless-infrastructure and networking OEM applications with power-conversion products. [4](https://app.finbar.com/go?id=T2610150)[30](https://app.finbar.com/go?id=P145688343) In the first half of 2026, the respective revenue shares were 45.9%, 35.5%, 14.0% and 4.6%. [19](https://app.finbar.com/go?id=T16672437)
[23](https://app.finbar.com/go?id=P88229088)[24](https://app.finbar.com/go?id=P145688312)[4](https://app.finbar.com/go?id=T2610150)[25](https://app.finbar.com/go?id=P112783417)[26](https://app.finbar.com/go?id=P145688328)[27](https://app.finbar.com/go?id=P16694350)[28](https://app.finbar.com/go?id=P145688332)[29](https://app.finbar.com/go?id=P145688338)[30](https://app.finbar.com/go?id=P145688343)[19](https://app.finbar.com/go?id=T16672437)

## Company history

Advanced Energy Industries was incorporated in Colorado in 1981 and reincorporated in Delaware before becoming a public company in 1995. Co-founder Douglas S. Schatz later served on its board. [31](https://app.finbar.com/go?id=P19480303)[32](https://ir.advancedenergy.com/news/advanced-energy-co-founder-retiring/1adc2af7-0804-4caf-bb19-7f3b2d9af117)[33](https://ir.advancedenergy.com/investor-faqs)

The company expanded into solar inverters with its 2013 acquisition of REFUsol, but in 2015 announced it would wind down that business and refocus on precision power. Between 2014 and 2019, acquisitions including HiTek Power, UltraVolt, Excelsys, Trek and Artesyn Embedded Power broadened its offerings in high-voltage, specialty and embedded power. [34](https://ir.advancedenergy.com/news/advanced-energy-increases-growth-opportunities-with-acquisition-of-three-phase-string-inverter-product-line/ea7db155-3270-4dad-b08f-26c015c23a64)[35](https://ir.advancedenergy.com/news/advanced-energy-to-wind-down-solar-inverter-business-to-focus-on-precision-power-business/354227bb-e654-4da6-ab95-8c6b7556816e)[36](https://ir.advancedenergy.com/news/advanced-energy-expands-thin-film-product-offerings-with-acquisition-of-high-voltage-power-supplies-manufacturer/40c37baf-4427-4615-be86-9448ccac2a29)[37](https://ir.advancedenergy.com/news/advanced-energy-adds-ultravolt-high-voltage-products-to-its-expanding-product-portfolio/a5b9ef77-564b-40f7-9cc6-9195f4186ed5)[38](https://ir.advancedenergy.com/news/advanced-energy-acquires-excelsys-technologies-strengthening-its-specialty-power-portfolio/cd178ffa-231f-4cf3-8f62-92b52321d2f1)[39](https://ir.advancedenergy.com/news/advanced-energy-acquires-high-voltage-power-company/9052b3c1-a18a-498d-91f8-b5b7895c35bb)[40](https://ir.advancedenergy.com/news/advanced-energy-completes-the-acquisition-of-artesyn-embedded-power/d1cff10e-daa3-4ab6-8947-53939b3fee30)

Yuval Wasserman became CEO in 2014, followed by Stephen D. Kelley in 2021. In 2024, Advanced Energy acquired Airity Technologies, adding GaN-based high-voltage power-conversion and pulsing technology. [41](https://ir.advancedenergy.com/news/advanced-energy-industries-announces-ceo-transition/d114bc35-3d12-4f93-a278-8a12bc6e2702)[42](https://ir.advancedenergy.com/news/advanced-energy-announces-retirement-of-president-amp-ceo-yuval-wasserman-and-appoints-stephen-d-kelley/d22faf93-3473-43ab-8945-53c3e4001b8e)[43](https://ir.advancedenergy.com/news/advanced-energy-acquires-airity-technologies/d40bcc84-1510-4275-a763-a645e2b8a16b)
[31](https://app.finbar.com/go?id=P19480303)[32](https://ir.advancedenergy.com/news/advanced-energy-co-founder-retiring/1adc2af7-0804-4caf-bb19-7f3b2d9af117)[33](https://ir.advancedenergy.com/investor-faqs)[34](https://ir.advancedenergy.com/news/advanced-energy-increases-growth-opportunities-with-acquisition-of-three-phase-string-inverter-product-line/ea7db155-3270-4dad-b08f-26c015c23a64)[35](https://ir.advancedenergy.com/news/advanced-energy-to-wind-down-solar-inverter-business-to-focus-on-precision-power-business/354227bb-e654-4da6-ab95-8c6b7556816e)[36](https://ir.advancedenergy.com/news/advanced-energy-expands-thin-film-product-offerings-with-acquisition-of-high-voltage-power-supplies-manufacturer/40c37baf-4427-4615-be86-9448ccac2a29)[37](https://ir.advancedenergy.com/news/advanced-energy-adds-ultravolt-high-voltage-products-to-its-expanding-product-portfolio/a5b9ef77-564b-40f7-9cc6-9195f4186ed5)[38](https://ir.advancedenergy.com/news/advanced-energy-acquires-excelsys-technologies-strengthening-its-specialty-power-portfolio/cd178ffa-231f-4cf3-8f62-92b52321d2f1)[39](https://ir.advancedenergy.com/news/advanced-energy-acquires-high-voltage-power-company/9052b3c1-a18a-498d-91f8-b5b7895c35bb)[40](https://ir.advancedenergy.com/news/advanced-energy-completes-the-acquisition-of-artesyn-embedded-power/d1cff10e-daa3-4ab6-8947-53939b3fee30)[41](https://ir.advancedenergy.com/news/advanced-energy-industries-announces-ceo-transition/d114bc35-3d12-4f93-a278-8a12bc6e2702)[42](https://ir.advancedenergy.com/news/advanced-energy-announces-retirement-of-president-amp-ceo-yuval-wasserman-and-appoints-stephen-d-kelley/d22faf93-3473-43ab-8945-53c3e4001b8e)[43](https://ir.advancedenergy.com/news/advanced-energy-acquires-airity-technologies/d40bcc84-1510-4275-a763-a645e2b8a16b)[32](https://ir.advancedenergy.com/news/advanced-energy-co-founder-retiring/1adc2af7-0804-4caf-bb19-7f3b2d9af117)[33](https://ir.advancedenergy.com/investor-faqs)[34](https://ir.advancedenergy.com/news/advanced-energy-increases-growth-opportunities-with-acquisition-of-three-phase-string-inverter-product-line/ea7db155-3270-4dad-b08f-26c015c23a64)[35](https://ir.advancedenergy.com/news/advanced-energy-to-wind-down-solar-inverter-business-to-focus-on-precision-power-business/354227bb-e654-4da6-ab95-8c6b7556816e)[36](https://ir.advancedenergy.com/news/advanced-energy-expands-thin-film-product-offerings-with-acquisition-of-high-voltage-power-supplies-manufacturer/40c37baf-4427-4615-be86-9448ccac2a29)[37](https://ir.advancedenergy.com/news/advanced-energy-adds-ultravolt-high-voltage-products-to-its-expanding-product-portfolio/a5b9ef77-564b-40f7-9cc6-9195f4186ed5)[38](https://ir.advancedenergy.com/news/advanced-energy-acquires-excelsys-technologies-strengthening-its-specialty-power-portfolio/cd178ffa-231f-4cf3-8f62-92b52321d2f1)[39](https://ir.advancedenergy.com/news/advanced-energy-acquires-high-voltage-power-company/9052b3c1-a18a-498d-91f8-b5b7895c35bb)[40](https://ir.advancedenergy.com/news/advanced-energy-completes-the-acquisition-of-artesyn-embedded-power/d1cff10e-daa3-4ab6-8947-53939b3fee30)[41](https://ir.advancedenergy.com/news/advanced-energy-industries-announces-ceo-transition/d114bc35-3d12-4f93-a278-8a12bc6e2702)[42](https://ir.advancedenergy.com/news/advanced-energy-announces-retirement-of-president-amp-ceo-yuval-wasserman-and-appoints-stephen-d-kelley/d22faf93-3473-43ab-8945-53c3e4001b8e)[43](https://ir.advancedenergy.com/news/advanced-energy-acquires-airity-technologies/d40bcc84-1510-4275-a763-a645e2b8a16b)

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1. [ADVANCED ENERGY INDUSTRIES INC — Full financial report (2025 Y)](https://app.finbar.com/go?id=P42822268)
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43. [ir.advancedenergy.com](https://ir.advancedenergy.com/news/advanced-energy-acquires-airity-technologies/d40bcc84-1510-4275-a763-a645e2b8a16b)

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