What was APPLIED ENERGETICS, INC.'s revenue in fiscal 2025?

APPLIED ENERGETICS, INC. reported revenue of $0.00B for fiscal 2025, down 81.0% from fiscal 2024.

What is APPLIED ENERGETICS, INC.'s net margin?

Operating margin was -3233.6% and net margin was -3221.1%, against a median net margin of 12.8% across S&P 500 members for the same fiscal year.

Are APPLIED ENERGETICS, INC. insiders buying or selling shares?

Over the past 12 months, insiders reported 19 open-market sales totalling $280.2K on Form 4.

Which institutions hold APPLIED ENERGETICS, INC. stock?

1 institution reported holding APPLIED ENERGETICS, INC. shares in 13F filings for the quarter ended June 30, 2026; the largest reported position was Game Plan Financial Advisors, LLC's.

Overview

APPLIED ENERGETICS, INC.

AERGOTCIndustrialsSearch, Detection, Navigation, Guidance, Aeronautical SysCIK 0000879911

Latest 10-K: FY2025, filed Mar 30, 2026 · Open the 10-K (Inline XBRL) ↗

Ask about AERG in Workspace

Revenue: $0.00B; 81.0%YoYdown from FY2024; TotalRevenue
Gross profit: $0.00B; 73.7%YoYdown from FY2024; GrossProfit
Operating income: -$0.01B; n/mYoY; OperatingIncome
Net income: -$0.01B; n/mYoY; NetIncome
Diluted EPS: -$0.07; n/mYoY; EPSDiluted
Diluted shares: 224.0M; 5.2%YoYup from FY2024; WeightedAvgSharesDiluted

At a glance

Growth

APPLIED ENERGETICS, INC. reported revenue of $0.00B for fiscal 2025, down 81.0% from fiscal 2024.
Revenue grew faster than the median S&P 500 member in 1 of the last 3 fiscal years.

Profitability

Operating margin was -3233.6% and net margin was -3221.1%, against a median net margin of 12.8% across S&P 500 members for the same fiscal year.

Per share

Diluted EPS was -$0.07.

Insiders & holders

Over the past 12 months, insiders reported 19 open-market sales totalling $280.2K on Form 4.
1 institution reported holding APPLIED ENERGETICS, INC. shares in 13F filings for the quarter ended June 30, 2026; the largest reported position was Game Plan Financial Advisors, LLC's.

Written from the filed figures on this page by fixed rules — no AI.

Data as of Oct 25, 2026 · Sources: SEC EDGAR 10-K, Form 4, 13F

Quick answers

What was APPLIED ENERGETICS, INC.'s revenue in fiscal 2025?: APPLIED ENERGETICS, INC. reported revenue of $0.00B for fiscal 2025, down 81.0% from fiscal 2024.
What is APPLIED ENERGETICS, INC.'s net margin?: Operating margin was -3233.6% and net margin was -3221.1%, against a median net margin of 12.8% across S&P 500 members for the same fiscal year.
What is APPLIED ENERGETICS, INC.'s diluted EPS?: Diluted EPS was -$0.07.
Are APPLIED ENERGETICS, INC. insiders buying or selling shares?: Over the past 12 months, insiders reported 19 open-market sales totalling $280.2K on Form 4.
Which institutions hold APPLIED ENERGETICS, INC. stock?: 1 institution reported holding APPLIED ENERGETICS, INC. shares in 13F filings for the quarter ended June 30, 2026; the largest reported position was Game Plan Financial Advisors, LLC's.

Data as of Oct 25, 2026 · Sources: SEC EDGAR 10-K

Financial statements

Annual figures from the 10-K, most recent fiscal year first.

Income Statement

5 annual periods

Chip: YoY change.

Income Statement, annual, newest fiscal year first. 4Y CAGR: compound annual growth from the oldest to the newest year shown. Muted line: S&P 500 median change. Line under a label: how many S&P 500 companies its median rests on.
Line item	FY2025	FY2024	FY2023	FY2022	FY2021	4Y CAGR
Revenue	$0.46M81.0%down S&P 500 6.4%	$2.43M7.8%down S&P 500 4.5%	$2.63M101.2%up S&P 500 4.8%	$1.31M S&P 500 10.3%	—	— S&P 500 6.6%
Gross Profit Median of 315 / 498	$0.25M73.7%down S&P 500 6.8%	$0.95M52.5%down S&P 500 5.5%	$1.99M99.0%up S&P 500 5.2%	$1.00M S&P 500 8.3%	—	— S&P 500 6.2%
Operating Income Median of 373 / 498	negative: -$14.93Mn/m S&P 500 7.3%	negative: -$9.18Mn/m S&P 500 7.4%	negative: -$7.40Mn/m S&P 500 4.9%	negative: -$5.77Mn/m S&P 500 7.5%	negative: -$5.50Mn/m S&P 500 23.5%	n/m S&P 500 7.2%
Net Income	negative: -$14.87Mn/m S&P 500 4.8%	negative: -$9.17Mn/m S&P 500 5.7%	negative: -$7.35Mn/m S&P 500 1.9%	negative: -$5.77Mn/m S&P 500 1.3%	negative: -$5.43Mn/m S&P 500 33.9%	n/m S&P 500 4.1%
EPS (Diluted)	negative: -$0.07n/m S&P 500 6.2%	negative: -$0.04n/m S&P 500 7.9%	negative: -$0.03n/m S&P 500 1.9%	negative: -$0.03n/m S&P 500 1.5%	negative: -$0.03 S&P 500 34.8%	n/m S&P 500 5.6%

Balance Sheet

5 annual periods

Chip: YoY change.

Balance Sheet, annual, newest fiscal year first. 4Y CAGR: compound annual growth from the oldest to the newest year shown. Muted line: S&P 500 median change. Line under a label: how many S&P 500 companies its median rests on.
Line item	FY2025	FY2024	FY2023	FY2022	FY2021	4Y CAGR
Total Assets	$9.06M337.7%up S&P 500 5.6%	$2.07M41.5%down S&P 500 3.4%	$3.54M47.4%down S&P 500 4.1%	$6.73M37.6%up S&P 500 2.2%	$4.89M5.5%up S&P 500 6.7%	16.7% S&P 500 4.7%
Total Liabilities Median of 357 / 498	$1.50M10.3%down S&P 500 6.4%	$1.68M12.7%down S&P 500 1.9%	$1.92M67.1%up S&P 500 2.9%	$1.15M40.2%down S&P 500 2.0%	$1.92M34.4%down S&P 500 5.2%	-5.9% S&P 500 4.4%
Stockholders' Equity	$7.56M1824.8%up S&P 500 6.8%	$0.39M75.8%down S&P 500 5.4%	$1.62M71.0%down S&P 500 7.3%	$5.58M87.9%up S&P 500 2.5%	$2.97M74.4%up S&P 500 9.0%	26.3% S&P 500 6.1%
Cash & Equivalents	$6.44M3805.1%up S&P 500 5.2%	$0.16M87.5%down S&P 500 1.9%	$1.32M76.6%down S&P 500 6.7%	$5.64M54.0%up S&P 500 -8.6%	$3.66M10.2%up S&P 500 -2.9%	15.1% S&P 500 2.0%
Total Debt Median of 393 / 498	—	—	—	—	—	— S&P 500 3.7%

Cash Flow Statement

5 annual periods

Chip: YoY change.

Cash Flow Statement, annual, newest fiscal year first. 4Y CAGR: compound annual growth from the oldest to the newest year shown. Muted line: S&P 500 median change. Line under a label: how many S&P 500 companies its median rests on.
Line item	FY2025	FY2024	FY2023	FY2022	FY2021	4Y CAGR
Operating Cash Flow	negative: -$9.24Mn/m S&P 500 6.3%	negative: -$5.09Mn/m S&P 500 4.8%	negative: -$3.45Mn/m S&P 500 9.9%	negative: -$3.93Mn/m S&P 500 -0.7%	negative: -$3.21Mn/m S&P 500 10.7%	n/m S&P 500 7.0%
Capital Expenditures	$1.23M1149.1%up S&P 500 5.4%	$0.10M73.2%down S&P 500 2.8%	$0.37M397.8%up S&P 500 11.3%	$0.07M64.2%down S&P 500 14.0%	$0.21M S&P 500 8.1%	56.2% S&P 500 9.0%
Free Cash Flow Median of 378 / 498	negative: -$10.47Mn/m S&P 500 7.3%	negative: -$5.19Mn/m S&P 500 6.1%	negative: -$3.82Mn/m S&P 500 8.8%	negative: -$4.00Mn/m S&P 500 -11.3%	negative: -$3.42M S&P 500 10.2%	n/m S&P 500 4.9%

n/m: not meaningful — the base (the prior year, or the first year for the CAGR) was zero or negative, or a per-share figure’s share basis changed (stock split). “—” means the figure is not available.

S&P 500 median = median of the companies in the index on Dec 31 of each fiscal year, from their own 10-K filings; a change counts only companies whose prior year was positive. Each median uses every member that reports the line item; where fewer than 80% do (banks and insurers file no gross profit), the row names how many. Published where at least 250 companies report it. Updated 2026-10-20. This compares reported figures, not share-price returns. Methodology

Ratios & valuation

FY2025

Every ratio read two ways: Wall Street’s popular formula and the value investor’s stricter one. Same question, same unit. Pick a ratio.

Valuation · Earnings yield

What a dollar of market value earned

n/m

Wall Street

on net earnings

FY2024 n/m

negative: −2.6%

Value investor

on free cash flow

FY2024 negative: −3.8%

How it’s calculated

Wall Street · on net earnings

Diluted EPS ÷ fiscal-year-end share price (1 ÷ P/E)

pe_ratio (ratio table)

P/E n/m

Value investor · on free cash flow

(Operating cash flow − capital expenditures) ÷ market capitalisation (fiscal-year-end close × weighted-average diluted shares)

free cash flow ÷ market cap

Each ratio measures one thing two ways, in the same unit: the popular formula, then a stricter one, so a lower figure is the stricter reading. Gap = value-investor figure minus Wall Street figure, from the figures shown.

Price-based ratios use the fiscal-year-end closing price. Free cash flow = operating cash flow − capital expenditures (we compute it; filings rarely report it). n/m = not meaningful (denominator ≤ 0); “—” = not reported. Each ratio’s formulas are under “How it’s calculated”.

Cash & capital allocation

Where the cash went in FY2025, from the 10-K cash flow statement.

Operating cash flow: -$9.24M
Capex: $1.23M
Free cash flow: -$10.47M
R&D: $1.67M
Buybacks: —
Dividends: —
Debt repaid: $159.32K
Debt issued: $160.00K
Net debt change: $675.00

Uses of operating cash flow, FY2025

The uses split was not reported for this year.

Each use is shown against operating cash flow on its own; the uses overlap.

Free cash flow by year

FY21-$3.42M
FY22-$4.00M
FY23-$3.82M
FY24-$5.19M
FY25-$10.47M

Buybacks by year

FY21—
FY22—
FY23—
FY24—
FY25—

Smart money

Who is trading and holding APPLIED ENERGETICS, INC., from Form 4, 13F and 13D/13G filings.

Insiders

Insider activity · past 12 months

Open-market trades reported on Form 4 in the past 365 days.

Buys: 0; none reported
Sales: 19; 4 insiders
Value sold: $280.2K
Shares sold: 166,600
Net shares: -166,600; bought minus sold
Last trade: Jun 8, 2026

Purchases 0% of valueSales 100% of value

Latest open-market insider trades from Form 4
Insider	Type	Date	Shares	Price	Value	Filing
Adamczyk Bradford ThomasDirector	Sell	Jun 8, 2026	10,000	$1.50	$15,000	View filing on SEC EDGAR
Donaghey Christopher WaynePresident & CEO	Sell	Jun 1, 2026	10,000	$1.50	$15,000	View filing on SEC EDGAR
Adamczyk Bradford ThomasDirector	Sell	May 11, 2026	10,000	$1.50	$15,000	View filing on SEC EDGAR

See plans

Open-market purchases (code P) and sales (code S) only. Grants, option exercises and tax withholding are excluded. Sales may be made under pre-arranged Rule 10b5-1 plans.

Ownership

Largest institutional holders

13F

Quarter ended Jun 30, 2026; change versus Mar 31, 2026.

Institutions reporting: 1
Top 1 hold: 0.0%; of 223.99M diluted shares, FY2025 10-K

Top 1 holders, share of diluted sharesof 100%

Game Plan Financial Advisors, LLC0.0%
100 sh · $134Unchanged13F-HR · Jun 30, 2026 on SEC EDGAR

Bars: share of diluted shares on a shared scale; the tick marks 5%. 13F filings are due 45 days after quarter end, so this is the latest fully reported quarter. Amended filings are counted once.

Blockholders, 5% and over

13D/G

SC 13D / 13G, latest filing per filer.

Filers at 5%+: 2
Combined: 16.5%; sum of latest filings
Activist (13D): 0

5%+ filers, share of the class as filedof 100%

S)8.8%
Passive · 13GLast filed 2 yrs agoSC 13G/A · Mar 27, 2024 on SEC EDGAR
INGALLS & SNYDER LLC7.7%
Passive · 13GSC 13G · Apr 23, 2026 on SEC EDGAR

No filer switched from a passive 13G to an activist 13D in the last 365 days.

Percent of the class as each filer last reported it; filings older than a year may no longer reflect the stake. Latest filing per filer within three years; a later filing reporting 0% removes the filer.

Full history, every insider and 13F filer, 13D/G activist stakes, and webhooks are on Institutional.

See Institutional

Smart money

Showing the most recent 5 annual periods. Get longer history on the Pro plan, or the full history (1993–present) plus the smart-money dataset and webhooks on Institutional.

Restatement Radar

6 numbers APPLIED ENERGETICS, INC. later changed — same XBRL tag, both filings linked.

numbers changed: 6
restating filings: 4
came with an amendment or a non-reliance notice: 0

Apr 1, 2019 · 10-K
changed 1 number
No amendment filed
Open filing
- Deferred tax assets NOLAs of Dec 31, 2017$59M restated to $8M−86.4%
  As reported · Apr 17, 2018us-gaap:DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
Aug 11, 2023 · 10-Q
changed 2 numbers
No amendment filed
Open filing
- Operating cash flowQ2 2022-$2.2M restated to -$2.2M−0.7%
  As reported · Aug 10, 2022us-gaap:NetCashProvidedByUsedInOperatingActivities
- Investing cash flowQ2 2022-$41K restated to -$26.4K+35.5%
  As reported · Aug 10, 2022us-gaap:NetCashProvidedByUsedInInvestingActivities
Mar 26, 2024 · 10-K
changed 2 numbers
No amendment filed
Open filing
- Interest payableAs of Apr 12, 2023$17.3K restated to $155.5K+800.0%
  As reported · Nov 13, 2023us-gaap:InterestPayableCurrentAndNoncurrent
- Notes payable currentAs of Dec 31, 2022$100K restated to $400K+300.0%
  As reported · Mar 29, 2023us-gaap:NotesPayableCurrent
May 14, 2025 · 10-Q
changed 1 number
No amendment filed
Open filing
- Accounts payable changeQ1 2024-$63.3K restated to -$169.6K−167.7%
  As reported · May 13, 2024us-gaap:IncreaseDecreaseInAccountsPayable

AERG is not the only one.

See every restatement we've found across the market — or get an alert the next time AERG revises a number.

Restatement Radar Alert me

Restatements are detected by comparing every vintage of a fact across all of APPLIED ENERGETICS, INC.'s filings back to 1993. A revision is not by itself a sign of wrongdoing — companies re-file for many legitimate reasons. This list is not exhaustive: it shows AERG's most significant revisions, and a figure absent from it has not been certified as unrevised.

Peers, filings & research

Sector Peers

Uber Technologies, Inc

HONEYWELL INTERNATIONAL INC

Recent SEC filings

The six newest, periodic reports and 8-Ks together. Dates are SEC filing dates.

All filings on EDGAR

Six most recent SEC filings, newest first
Form	Filing	Filed	Document
8-K	Current report (material events) · Event dated Oct 16, 2026 0001213900-26-111694 · accepted 20:05 UTC	Oct 22, 2026	Open	Filed Oct 22, 2026 · 0001213900-26-111694
8-K	Current report (material events) · Event dated Oct 8, 2026 0001213900-26-108233 · accepted 12:30 UTC	Oct 9, 2026	Open	Filed Oct 9, 2026 · 0001213900-26-108233
10-Q	Quarterly report · Quarter ended Jun 30, 2026 0001213900-26-089178 · accepted 20:42 UTC	Aug 13, 2026	Open	Filed Aug 13, 2026 · 0001213900-26-089178
10-K	Annual report · Fiscal year ended Dec 31, 2025 0001213900-26-036517 · accepted 21:57 UTC	Mar 30, 2026	Open	Filed Mar 30, 2026 · 0001213900-26-036517
10-Q/A	Quarterly report amendment · Quarter ended Jun 30, 2019 0001213900-19-019827 · accepted 10:03 UTC	Oct 7, 2019	Open	Filed Oct 7, 2019 · 0001213900-19-019827
10-K/A	Annual report amendment · Fiscal year ended Dec 31, 2018 0001213900-19-019825 · accepted 10:02 UTC	Oct 7, 2019	Open	Filed Oct 7, 2019 · 0001213900-19-019825

“Open” goes to the Inline XBRL viewer when the filing has one, else the primary document. The accession opens the EDGAR index.

Research Reports

No published research on AERG yet.

Reports appear here as analysts publish research on this company — built with Valuein's agentic workflows on data pinned to its SEC filing. Be the first: run equity_research_brief on AERG and publish the result to your public profile.

Browse the research catalog Generate one with your agent

The data behind this page

27 tables, history 1993–present. Every figure above is a row you can query.

Fundamentals

Standardized financial facts, ratios and filings.

fact: 120.5Mrows
ratio: 5.3Mrows
filing: 2.35Mrows
entity: 19,888rows

292 standard concepts.

Built from these SEC forms

10-K
10-K/A
10-K405
10-KT
10-Q
10-Q/A
10-QT
20-F
20-F/A
40-F
40-F/A
8-K
8-K/A
6-K
6-K/A
S-1
S-3
S-4
S-11
F-1
F-3
F-4
POS AM
10-KSBsoon
10-QSBsoon
DEF 14Asoon
DEF 14Csoon
DEFA14Asoon
PRE 14Asoon
DEFM14Asoon
425soon
SC TO-Tsoon
SC TO-Isoon
SC 14D9soon
SC 13E3soon
CORRESPsoon
NT 10-Ksoon
NT 10-Qsoon
NT 20-Fsoon
N-PORT-Psoon

Smart money

Insider and institutional filings.

institutional_holding: 59.5Mrows
insider_transaction: 11.4Mrows
insider_filing: 5.2Mrows
insider_ownership: 1.33Mrows

78M+ smart-money rows in all.

Built from these SEC forms

Form 3
Form 3/A
Form 4
Form 4/A
Form 5
Form 5/A
13F-HR
13F-HR/A
13F-NT
13F-NT/A
SC 13D
SC 13D/A
SC 13G
SC 13G/A
Form 144
Form 144/A

One real fact row for APPLIED ENERGETICS, INC.

Fact receiptOperatingCashFlow

Operating cash flow · FY2025

-$0.01B

-9,237,951 USD

APPLIED ENERGETICS, INC. reported Operating cash flow of -$9.2M for fiscal year 2025 in its 10-K filed Mar 30, 2026.

Fiscal period: 2025 FY
Period end: 2025-12-31
Form: 10-K
Filed: Mar 30, 2026
Entity (CIK): 0000879911

Provenance trail

Filed with the SEC
Form 10-K, filed Mar 30, 2026.
Accession 0001213900-26-036517
Open in the Inline XBRL viewer for 0001213900-26-036517
Reported in the filing
Operating cash flow for fiscal year 2025, the period ended 2025-12-31, in USD. Valuein maps the filed line to the standard concept OperatingCashFlow.
Stored as one fact row
Every channel returns this row with the same id.
fact_id 55f5a1c47e899617531911b873693af951de12731f133f9e977179a42c8ed9a3
Shown on this page
The same -$0.01B appears in the Cash Flow Statement and in Cash & capital allocation.

fact rowjson

{  "entity_id": "0000879911",  "standard_concept": "OperatingCashFlow",  "fiscal_year": 2025,  "fiscal_period": "FY",  "period_end": "2025-12-31",  "numeric_value": -9237951,  "unit": "USD",  "accession": "0001213900-26-036517",  "fact_id": "55f5a1c47e899617531911b873693af951de12731f133f9e977179a42c8ed9a3"}

Get the same data

Get your free API key

bash

# Fact-level Parquet over HTTPS, every row traced to its filingcurl -H "Authorization: Bearer $VALUEIN_API_KEY" \  https://data.valuein.biz/v1/pro/fact/0000879911.parquet \  -o aerg.parquet

Read the API docs

Terminalbash

# The same tables in your notebooks and backtests; the free sample needs no token$ pip install valuein-sdk

Python

from valuein_sdk import ValueinClient with ValueinClient() as client:    sql = """        SELECT fiscal_year, numeric_value FROM fact        WHERE entity_id = '0000879911'          AND standard_concept = 'TotalRevenue'          AND fiscal_period = 'FY'    """    print(client.run_query(sql))

Install the SDK

bash

# Connect Claude or ChatGPT to the same facts, each with a fact_idhttps://mcp.valuein.biz/mcp Ask your agent:get_company_fundamentals AERG   # CIK 0000879911

Connect the MCP server

bash

# Ask in plain English; every figure comes back cited to its filingTell me about AERG: a quick, cited overview I can dig into.

Open AERG in Workspace

One token unlocks every channel. SDK docs · MCP docs

Cite this page

Data as of Oct 25, 2026. Canonical address: https://valuein.biz/data/AERG

APA-style text

Valuein. (2026, October 25). APPLIED ENERGETICS, INC. (AERG) financial statements, earnings power and smart-money summary [Data set]. Source: SEC EDGAR filings. https://valuein.biz/data/AERG

BibTeX

@misc{valuein_aerg_2026,
  author = {{Valuein}},
  title = {APPLIED ENERGETICS, INC. (AERG) financial statements, earnings power and smart-money summary},
  year = {2026},
  howpublished = {\url{https://valuein.biz/data/AERG}},
  note = {Data as of 2026-10-25; source: SEC EDGAR filings}
}

Open 10-K in SEC Inline XBRL viewer

10-K filed Mar 30, 2026 · accession 0001213900-26-036517

Agents: every figure Valuein's tools return carries a fact_id that traces to its SEC filing.

point-in-time · survivorship-free · every number traceable to its SEC filing

View AERG filings on SEC EDGAR

At a glance

Growth

Profitability

Per share

Insiders & holders

02Financial statements

Income Statement

Balance Sheet

Cash Flow Statement

Ratios & valuation

03Cash & capital allocation

Uses of operating cash flow, FY2025

Free cash flow by year

Buybacks by year

04Smart money

Insiders

Insider activity · past 12 months

Ownership

Largest institutional holders

Blockholders, 5% and over

Smart money

Apr 1, 2019 · 10-K

Aug 11, 2023 · 10-Q

Mar 26, 2024 · 10-K

May 14, 2025 · 10-Q

06Peers, filings & research

Sector Peers

Recent SEC filings

Research Reports

07The data behind this page

Fundamentals

Built from these SEC forms

Smart money

Built from these SEC forms

One real fact row for APPLIED ENERGETICS, INC.

Provenance trail

Get the same data

08Cite this page

Insiders & holders

03Cash & capital allocation

Uses of operating cash flow, FY2025

Free cash flow by year

Buybacks by year

04Smart money

Insiders

Insider activity · past 12 months

Ownership

Largest institutional holders

Blockholders, 5% and over

Apr 1, 2019 · 10-K

Aug 11, 2023 · 10-Q

Mar 26, 2024 · 10-K

May 14, 2025 · 10-Q

Sector Peers

Recent SEC filings

07The data behind this page

Fundamentals

Built from these SEC forms

Smart money

Built from these SEC forms

One real fact row for APPLIED ENERGETICS, INC.

Provenance trail

Get the same data

Financial statements

Cash & capital allocation

Smart money

Peers, filings & research

The data behind this page

Cite this page

Cash & capital allocation

Smart money

The data behind this page