---
schema_version: "secwatch.filing_event.v1"
accession: "0000874761-25-000037"
form_type: "8-K"
ticker: "AES"
cik: "0000874761"
company_name: "AES CORP"
filed_at: "2025-05-01T23:59:59+00:00"
generated_at: "2026-05-23T01:35:08.029239+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# AES Q1 net loss $73M, adj EPS $0.27; reaffirms 2025 guidance

## Summary
- Q1 2025 net loss $73M vs net income $278M in Q1 2024; diluted EPS $0.07 vs $0.60.
- Adjusted EBITDA $591M (-$49M YoY); adjusted EPS $0.27 (-$0.23 YoY).
- Reaffirms 2025 guidance: Adjusted EBITDA $2.65-$2.85B, Adjusted EPS $2.10-$2.26.
- PPA backlog 11.7 GW (5.3 GW under construction); added 643 MW solar/storage in Q1.
- Sold minority stake in AGIC for $450M, achieving full-year asset sale target.

## SEC filing metadata
- accession: 0000874761-25-000037
- form_type: 8-K
- ticker: AES
- cik: 0000874761
- company_name: AES CORP
- filed_at: 2025-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/874761/000087476125000037/0000874761-25-000037-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/874761/000087476125000037/aes-20250501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000874761-25-000037
- JSON: https://secwatch.observer/filing/0000874761-25-000037.json
- Plain text: https://secwatch.observer/filing/0000874761-25-000037.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.