# Applied Energetics, Inc.: overview

AERG · OTC · CIK 879911 · [Technology](/sectors/technology.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/aerg.md) · [Financials](/companies/aerg/financials.md) · [Filings](/companies/aerg/filings.md) · [Insiders](/companies/aerg/insiders.md)

Latest reported revenue: [$62.0k](/filings/0001213900-26-089178.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 13, 2026 (XBRL us-gaap:Revenues, accession 0001213900-26-089178).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $k | [748](/filings/0001213900-25-109366.md) | [764 d](/filings/0001213900-26-036517.md) | [210](/filings/0001213900-26-056008.md) | [70.3](/filings/0001213900-26-089178.md) | [109](/filings/0001213900-25-109366.md) | [72.7 d](/filings/0001213900-26-036517.md) | not reported | [62.0](/filings/0001213900-26-089178.md) |
| Gross margin | % | [32.0%](/filings/0001213900-25-109366.md) | [59.1% d](/filings/0001213900-26-036517.md) | [69.5%](/filings/0001213900-26-056008.md) | [32.5%](/filings/0001213900-26-089178.md) | [51.0%](/filings/0001213900-25-109366.md) | [34.2% d](/filings/0001213900-26-036517.md) | not reported | [65.2%](/filings/0001213900-26-089178.md) |
| Operating margin | % | [(317.6%)](/filings/0001213900-25-109366.md) | [(278.5%) d](/filings/0001213900-26-036517.md) | [(1480.6%)](/filings/0001213900-26-056008.md) | [(5382.5%)](/filings/0001213900-26-089178.md) | [(3643.8%)](/filings/0001213900-25-109366.md) | [(5598.6%) d](/filings/0001213900-26-036517.md) | not reported | [(6934.9%)](/filings/0001213900-26-089178.md) |
| Net margin | % | [(317.6%)](/filings/0001213900-25-109366.md) | [(278.5%) d](/filings/0001213900-26-036517.md) | [(1480.6%)](/filings/0001213900-26-089178.md) | [(5382.5%)](/filings/0001213900-26-089178.md) | [(3643.8%)](/filings/0001213900-25-109366.md) | [(5519.5%) d](/filings/0001213900-26-036517.md) | not reported | [(6901.2%)](/filings/0001213900-26-089178.md) |
| Diluted EPS | $ per share | [(0.01)](/filings/0001213900-25-109366.md) | not reported | [(0.01)](/filings/0001213900-26-056008.md) | [(0.02)](/filings/0001213900-26-089178.md) | [(0.02)](/filings/0001213900-25-109366.md) | not reported | [(0.02)](/filings/0001213900-26-056008.md) | [(0.02)](/filings/0001213900-26-089178.md) |
| Free cash flow | $k | [(1,064) d](/filings/0001213900-25-109366.md) | [(1,402) d](/filings/0001213900-26-036517.md) | [(1,846)](/filings/0001213900-26-056008.md) | [(3,433) d](/filings/0001213900-26-089178.md) | [(2,520) d](/filings/0001213900-25-109366.md) | [(2,673) d](/filings/0001213900-26-036517.md) | [(2,340)](/filings/0001213900-26-056008.md) | [(2,865) d](/filings/0001213900-26-089178.md) |

- Revenue. XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | not reported | [1.3](/filings/0001213900-24-026107.md) | [2.6](/filings/0001013762-25-003924.md) | [2.4](/filings/0001213900-26-036517.md) | [0.5](/filings/0001213900-26-036517.md) |
| Gross margin | % | not reported | [76.6%](/filings/0001213900-24-026107.md) | [75.8%](/filings/0001013762-25-003924.md) | [39.0%](/filings/0001213900-26-036517.md) | [54.0%](/filings/0001213900-26-036517.md) |
| Operating margin | % | not reported | [(441.2%)](/filings/0001213900-24-026107.md) | [(281.1%)](/filings/0001013762-25-003924.md) | [(378.2%)](/filings/0001213900-26-036517.md) | [(3233.6%)](/filings/0001213900-26-036517.md) |
| Net margin | % | not reported | [(441.3%)](/filings/0001213900-24-026107.md) | [(279.3%)](/filings/0001013762-25-003924.md) | [(378.1%)](/filings/0001213900-26-036517.md) | [(3221.1%)](/filings/0001213900-26-036517.md) |
| Diluted EPS | $ per share | [(0.03)](/filings/0001213900-23-024192.md) | [(0.03)](/filings/0001213900-24-026107.md) | [(0.03)](/filings/0001013762-25-003924.md) | [(0.04)](/filings/0001213900-26-036517.md) | [(0.07)](/filings/0001213900-26-036517.md) |
| Free cash flow | $m | [(3.4)](/filings/0001213900-23-024192.md) | [(4.0)](/filings/0001213900-24-026107.md) | [(3.8)](/filings/0001013762-25-003924.md) | [(5.2)](/filings/0001213900-26-036517.md) | [(10.5)](/filings/0001213900-26-036517.md) |

- Revenue. XBRL Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/aerg/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [Game Plan Financial Advisors, LLC](/funds/1802952.md) | 2026-06-30 | $134 | 100 |  | Unchanged |

## Recent filings

[All 470 filings](/companies/aerg/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-22 | 20:05 ET | [8-K](/filings/0001213900-26-111694.md) | 5.08 Item not in the standard list; 8.01 Other events | 0001213900-26-111694 |
| 2026-10-09 | 12:30 ET | [8-K](/filings/0001213900-26-108233.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001213900-26-108233 |
| 2026-08-13 | 20:42 ET | [10-Q](/filings/0001213900-26-089178.md) | Quarterly report, period 2026-06-30 | 0001213900-26-089178 |
| 2026-05-14 | 21:28 ET | [8-K](/filings/0001213900-26-056864.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001213900-26-056864 |
| 2026-05-14 | 22:10 ET | [10-Q](/filings/0001213900-26-056008.md) | Quarterly report, period 2026-03-31 | 0001213900-26-056008 |
| 2026-04-29 | 20:43 ET | [8-K](/filings/0001213900-26-049351.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001213900-26-049351 |
| 2026-03-30 | 21:57 ET | [10-K](/filings/0001213900-26-036517.md) | Annual report, period 2025-12-31 | 0001213900-26-036517 |
| 2026-02-03 | 21:05 ET | [8-K](/filings/0001213900-26-011444.md) | 1.01 Entry into a material agreement; 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001213900-26-011444 |
| 2025-11-12 | 22:20 ET | [10-Q](/filings/0001213900-25-109366.md) | Quarterly report, period 2025-09-30 | 0001213900-25-109366 |
| 2025-10-09 | 21:25 ET | [8-K](/filings/0001213900-25-097866.md) | 3.02 Unregistered sale of equity; 9.01 Financial statements and exhibits | 0001213900-25-097866 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001213900-26-036517.md), filed Mar 30, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/1268ed1b-d7c5-4efe-b5ba-2cfd6848cf30)

## About the filer

- CIK: 879911
- Tickers: AERG, AERGP
- Exchange: OTC
- SIC code: 3812 Search, Detection, Navigation, Guidance, Aeronautical Sys
- State of incorporation: DE
- Filer category: Non-accelerated filer<br>Smaller reporting company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:26 ET. No prices; not investment advice.
