Advanced Energy

Q2 FY2026 EarningsQ2 FY26 results significantly exceeded consensus, with revenue of $574M beating the $544M estimate and non-GAAP EPS of $2.74 surpasing the $2.21 mean. Performance was driven by record Semiconductor revenue (+33% YoY) and strong Data Center demand (+35% YoY). Q3 FY26 revenue guidance of $640M (±$20M) and non-GAAP EPS of $3.00 (±$0.25) are both well above market expectations, signaling accelerating growth momentum into the second half of the year.