AES CORP

For the period ended Sep 30, 2026. Filed Nov 3, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2026 · Filed Nov 3, 2026

AES$14.90+0.2%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Condensed Consolidated Balance Sheets

	September 30, 2026	December 31, 2025
(in millions, except share and per share amounts)
ASSETS
CURRENT ASSETS
Cash and cash equivalents	$1,972	$1,382
Restricted cash	591	691
Short-term investments	54	174
Accounts receivable, net of allowance of $36 and $39, respectively	1,872	1,683
Inventory	617	612
Prepaid expenses	147	192
Other current assets, net of allowance of $2 and $2, respectively	1,442	1,723
Current held-for-sale assets	18	45
Total current assets	6,713	6,502
NONCURRENT ASSETS
Property, plant, and equipment, net of accumulated depreciation of $9,917 and $9,796, respectively	41,850	37,818
Investments in and advances to affiliates	891	1,004
Debt service reserves and other deposits	124	89
Goodwill	342	342
Other intangible assets, net of accumulated amortization of $533 and $479, respectively	2,021	2,040
Deferred income taxes	388	397
Loan receivable, net of allowance of $17 and $19, respectively	690	755
Other noncurrent assets, net of allowance of $27 and $24, respectively	3,028	2,821
Total noncurrent assets	49,334	45,266
TOTAL ASSETS	$56,047	$51,768
LIABILITIES, REDEEMABLE STOCK OF SUBSIDIARIES, AND EQUITY
CURRENT LIABILITIES
Accounts payable	$2,197	$1,980
Accrued interest	358	268
Accrued non-income taxes	346	294
Supplier financing arrangements	461	616
Accrued and other liabilities	1,448	2,223
Recourse debt	—	879
Non-recourse debt	2,950	2,232
Current held-for-sale liabilities	6	—
Total current liabilities	7,766	8,492
NONCURRENT LIABILITIES
Recourse debt	6,361	5,105
Non-recourse debt	23,953	21,681
Deferred income taxes	1,756	1,581
Other noncurrent liabilities	2,328	2,980
Total noncurrent liabilities	34,398	31,347
Commitments and Contingencies (see Note 9)
Redeemable stock of subsidiaries	3,100	2,824
EQUITY
THE AES CORPORATION STOCKHOLDERS’ EQUITY
Common stock ($0.01 par value, 1,200,000,000 shares authorized; 860,118,596 issued and 713,564,658 outstanding at September 30, 2026 and 859,836,539 issued and 712,201,777 outstanding at December 31, 2025)	9	9
Additional paid-in capital	5,891	5,904
Retained earnings	1,847	641
Accumulated other comprehensive loss	(255)	(698)
Treasury stock, at cost (146,553,938 and 147,634,762 shares at September 30, 2026 and December 31, 2025, respectively)	(1,780)	(1,793)
Total AES Corporation stockholders’ equity	5,712	4,063
NONCONTROLLING INTERESTS	5,071	5,042
Total equity	10,783	9,105
TOTAL LIABILITIES, REDEEMABLE STOCK OF SUBSIDIARIES, AND EQUITY	$56,047	$51,768

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.