AES Corporation Reports Third-Quarter 2026 Financial Results

AES Corporation reported third-quarter 2026 revenue of $3.872 billion, up 15.5%, and adjusted EPS of $0.87, above the $0.73 analyst consensus and up from $0.75 a year earlier. Net income fell to $544 million from $634 million. Strong spot-market sales and LNG margins offset lower contracted sales after the Bulgaria Maritza power purchase agreement expired; AES cited its 10.9 GW PPA backlog as a growth driver. Management identified hydrology, policy changes, and execution of its pending merger as ongoing uncertainties.