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Side-by-side financial comparison of ADVANCED ENERGY INDUSTRIES INC (AEIS) and Planet Fitness, Inc. (PLNT). Click either name above to swap in a different company.

ADVANCED ENERGY INDUSTRIES INC is the larger business by last-quarter revenue ($489.4M vs $376.3M, roughly 1.3× Planet Fitness, Inc.). Planet Fitness, Inc. runs the higher net margin — 16.0% vs 10.7%, a 5.4% gap on every dollar of revenue. On growth, ADVANCED ENERGY INDUSTRIES INC posted the faster year-over-year revenue change (17.8% vs 10.5%). Planet Fitness, Inc. produced more free cash flow last quarter ($59.0M vs $43.0M). Over the past eight quarters, Planet Fitness, Inc.'s revenue compounded faster (23.2% CAGR vs 22.2%).

Advanced Energy Industries, Inc. is an American multinational technology company headquartered in Denver, Colorado that develops precision power conversion, measurement and control technologies for the manufacture of semiconductors, flat panel displays, data storage products, telecommunications network equipment, industrial coatings, medical devices, solar cells and architectural glass.

Planet Fitness, Inc. is an American franchisor and operator of fitness centers based in Hampton, New Hampshire. The company has around 2,715 clubs, making it one of the largest fitness club franchises by number of members and locations. The franchise has locations in the United States, Canada, Panama, Mexico, Spain and Australia. It markets itself as a "Judgement Free Zone" open to all levels of gym users.

AEIS vs PLNT — Head-to-Head

Bigger by revenue
AEIS
AEIS
1.3× larger
AEIS
$489.4M
$376.3M
PLNT
Growing faster (revenue YoY)
AEIS
AEIS
+7.3% gap
AEIS
17.8%
10.5%
PLNT
Higher net margin
PLNT
PLNT
5.4% more per $
PLNT
16.0%
10.7%
AEIS
More free cash flow
PLNT
PLNT
$16.0M more FCF
PLNT
$59.0M
$43.0M
AEIS
Faster 2-yr revenue CAGR
PLNT
PLNT
Annualised
PLNT
23.2%
22.2%
AEIS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AEIS
AEIS
PLNT
PLNT
Revenue
$489.4M
$376.3M
Net Profit
$52.3M
$60.4M
Gross Margin
38.6%
76.0%
Operating Margin
11.6%
28.2%
Net Margin
10.7%
16.0%
Revenue YoY
17.8%
10.5%
Net Profit YoY
7.4%
28.3%
EPS (diluted)
$1.32

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AEIS
AEIS
PLNT
PLNT
Q4 25
$489.4M
$376.3M
Q3 25
$463.3M
$330.3M
Q2 25
$441.5M
$340.9M
Q1 25
$404.6M
$276.7M
Q4 24
$415.4M
$340.4M
Q3 24
$374.2M
$292.2M
Q2 24
$364.9M
$300.9M
Q1 24
$327.5M
$248.0M
Net Profit
AEIS
AEIS
PLNT
PLNT
Q4 25
$52.3M
$60.4M
Q3 25
$46.2M
$58.8M
Q2 25
$25.2M
$58.0M
Q1 25
$24.7M
$41.9M
Q4 24
$48.7M
$47.1M
Q3 24
$-14.9M
$42.0M
Q2 24
$15.0M
$48.6M
Q1 24
$5.4M
$34.3M
Gross Margin
AEIS
AEIS
PLNT
PLNT
Q4 25
38.6%
76.0%
Q3 25
37.6%
82.4%
Q2 25
37.0%
82.6%
Q1 25
37.2%
91.9%
Q4 24
37.2%
76.4%
Q3 24
35.8%
84.4%
Q2 24
35.0%
82.7%
Q1 24
34.5%
92.3%
Operating Margin
AEIS
AEIS
PLNT
PLNT
Q4 25
11.6%
28.2%
Q3 25
10.6%
32.4%
Q2 25
7.2%
30.0%
Q1 25
7.6%
28.6%
Q4 24
8.2%
26.4%
Q3 24
-3.0%
27.8%
Q2 24
3.6%
29.0%
Q1 24
0.2%
26.5%
Net Margin
AEIS
AEIS
PLNT
PLNT
Q4 25
10.7%
16.0%
Q3 25
10.0%
17.8%
Q2 25
5.7%
17.0%
Q1 25
6.1%
15.1%
Q4 24
11.7%
13.8%
Q3 24
-4.0%
14.4%
Q2 24
4.1%
16.2%
Q1 24
1.6%
13.8%
EPS (diluted)
AEIS
AEIS
PLNT
PLNT
Q4 25
$1.32
Q3 25
$1.20
Q2 25
$0.67
Q1 25
$0.65
Q4 24
$1.29
Q3 24
$-0.40
Q2 24
$0.40
Q1 24
$0.14

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AEIS
AEIS
PLNT
PLNT
Cash + ST InvestmentsLiquidity on hand
$791.2M
$452.4M
Total DebtLower is stronger
$567.5M
$2.5B
Stockholders' EquityBook value
$1.4B
$-482.8M
Total Assets
$2.5B
$3.1B
Debt / EquityLower = less leverage
0.42×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AEIS
AEIS
PLNT
PLNT
Q4 25
$791.2M
$452.4M
Q3 25
$758.6M
$443.4M
Q2 25
$713.5M
$442.7M
Q1 25
$723.0M
$453.6M
Q4 24
$722.1M
$407.3M
Q3 24
$657.3M
$407.4M
Q2 24
$986.1M
$350.2M
Q1 24
$1.0B
$395.1M
Total Debt
AEIS
AEIS
PLNT
PLNT
Q4 25
$567.5M
$2.5B
Q3 25
$2.2B
Q2 25
$2.2B
Q1 25
$2.2B
Q4 24
$564.7M
$2.2B
Q3 24
$564.0M
$2.2B
Q2 24
$907.3M
$2.2B
Q1 24
$911.5M
$2.0B
Stockholders' Equity
AEIS
AEIS
PLNT
PLNT
Q4 25
$1.4B
$-482.8M
Q3 25
$1.3B
$-194.8M
Q2 25
$1.3B
$-158.7M
Q1 25
$1.2B
$-219.9M
Q4 24
$1.2B
$-215.4M
Q3 24
$1.2B
$-266.1M
Q2 24
$1.2B
$-317.7M
Q1 24
$1.1B
$-96.4M
Total Assets
AEIS
AEIS
PLNT
PLNT
Q4 25
$2.5B
$3.1B
Q3 25
$2.4B
$3.1B
Q2 25
$2.4B
$3.1B
Q1 25
$2.3B
$3.1B
Q4 24
$2.3B
$3.1B
Q3 24
$2.2B
$3.0B
Q2 24
$2.5B
$3.0B
Q1 24
$2.5B
$3.0B
Debt / Equity
AEIS
AEIS
PLNT
PLNT
Q4 25
0.42×
Q3 25
Q2 25
Q1 25
Q4 24
0.47×
Q3 24
0.48×
Q2 24
0.78×
Q1 24
0.80×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AEIS
AEIS
PLNT
PLNT
Operating Cash FlowLast quarter
$80.5M
$109.1M
Free Cash FlowOCF − Capex
$43.0M
$59.0M
FCF MarginFCF / Revenue
8.8%
15.7%
Capex IntensityCapex / Revenue
7.7%
13.3%
Cash ConversionOCF / Net Profit
1.54×
1.81×
TTM Free Cash FlowTrailing 4 quarters
$125.9M
$254.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AEIS
AEIS
PLNT
PLNT
Q4 25
$80.5M
$109.1M
Q3 25
$78.7M
$131.5M
Q2 25
$45.2M
$44.0M
Q1 25
$28.9M
$133.9M
Q4 24
$82.7M
$49.1M
Q3 24
$34.1M
$126.8M
Q2 24
$6.7M
$78.2M
Q1 24
$7.3M
$89.7M
Free Cash Flow
AEIS
AEIS
PLNT
PLNT
Q4 25
$43.0M
$59.0M
Q3 25
$50.8M
$76.7M
Q2 25
$17.1M
$8.2M
Q1 25
$15.0M
$110.9M
Q4 24
$69.9M
$7.0M
Q3 24
$21.4M
$78.2M
Q2 24
$-8.1M
$40.2M
Q1 24
$-9.3M
$63.4M
FCF Margin
AEIS
AEIS
PLNT
PLNT
Q4 25
8.8%
15.7%
Q3 25
11.0%
23.2%
Q2 25
3.9%
2.4%
Q1 25
3.7%
40.1%
Q4 24
16.8%
2.1%
Q3 24
5.7%
26.7%
Q2 24
-2.2%
13.4%
Q1 24
-2.9%
25.6%
Capex Intensity
AEIS
AEIS
PLNT
PLNT
Q4 25
7.7%
13.3%
Q3 25
6.0%
16.6%
Q2 25
6.4%
10.5%
Q1 25
3.4%
8.3%
Q4 24
3.1%
12.4%
Q3 24
3.4%
16.6%
Q2 24
4.0%
12.6%
Q1 24
5.1%
10.6%
Cash Conversion
AEIS
AEIS
PLNT
PLNT
Q4 25
1.54×
1.81×
Q3 25
1.70×
2.23×
Q2 25
1.79×
0.76×
Q1 25
1.17×
3.20×
Q4 24
1.70×
1.04×
Q3 24
3.02×
Q2 24
0.45×
1.61×
Q1 24
1.35×
2.62×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AEIS
AEIS

Semiconductor Equipment$211.6M43%
Data Center Computing$177.9M36%
Industrial And Medical$78.2M16%
Telecom And Networking$21.7M4%

PLNT
PLNT

Corporate Owned Club Segment$135.6M36%
Equipment Revenue$121.2M32%
Franchise$98.6M26%
Advertising$20.8M6%
Related Party$4.3M1%

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