---
schema_version: "secwatch.filing_event.v1"
accession: "0000874761-25-000086"
form_type: "8-K"
ticker: "AES"
cik: "0000874761"
company_name: "AES CORP"
filed_at: "2025-11-04T23:59:59+00:00"
generated_at: "2026-05-17T00:47:23.235781+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# AES Q3 net income $517M, EPS $0.94; reaffirms 2025 guidance and 5-7% EBITDA growth target

## Summary
- Q3 GAAP net income $517M (vs $215M in Q3 2024); diluted EPS $0.94 (vs $0.72); adjusted EPS $0.75 (vs $0.71).
- Adjusted EBITDA $830M (vs $698M); Adjusted EBITDA with Tax Attributes $1,256M (vs $1,174M).
- On track to add 3.2 GW of new projects in 2025; 2.9 GW completed YTD; 2.2 GW PPAs signed YTD, including 1.6 GW from data centers.
- PPA backlog of 11.1 GW (5 GW under construction); AES Ohio and AES Indiana filed rate review settlements.
- 2025 guidance reaffirmed: Adj. EBITDA $2,650-2,850M, Adj. EPS $2.10-2.26; dividend maintained at $0.17595/quarter.

## SEC filing metadata
- accession: 0000874761-25-000086
- form_type: 8-K
- ticker: AES
- cik: 0000874761
- company_name: AES CORP
- filed_at: 2025-11-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/874761/000087476125000086/0000874761-25-000086-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/874761/000087476125000086/aes-20251104.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000874761-25-000086
- JSON: https://secwatch.observer/filing/0000874761-25-000086.json
- Plain text: https://secwatch.observer/filing/0000874761-25-000086.txt

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