Ameresco, Inc. (AMRC)AMRCAmeresco, Inc.

Financials

Quarterly Income Statement (USD)

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Quarterly Report	TTM	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024	Quarter ended Jun 2024
Revenue	1.98B	401.46M	581.03M	525.99M	472.28M	352.83M	532.67M	500.87M	437.98M
Cost of Goods Sold	1.67B	345.00M	486.62M	441.66M	398.93M	300.91M	465.88M	423.73M	372.81M
Gross Profit	308.56M	56.46M	94.41M	84.33M	73.36M	51.92M	66.79M	77.14M	65.17M
Gross Profit Margin	15.6%	14.1%	16.2%	16.0%	15.5%	14.7%	12.5%	15.4%	14.9%
Total Operating Expenses	183.28M	46.31M	47.86M	43.37M	45.73M	38.49M	22.15M	41.98M	44.22M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	186.36M	46.31M	50.94M	43.37M	45.73M	38.49M	47.84M	42.14M	44.23M
Operating Income (EBIT)	125.27M	10.15M	46.54M	40.96M	27.62M	13.43M	44.64M	35.16M	20.95M
Operating Margin	6.3%	2.5%	8.0%	7.8%	5.8%	3.8%	8.4%	7.0%	4.8%
Income Before Tax (EBT)	31.82M	-17.57M	18.61M	18.16M	12.62M	-4.42M	21.23M	13.69M	5.19M
Interest Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	93.22M	25.19M	24.69M	22.06M	21.29M	19.91M	19.26M	20.18M	16.15M
Other Income/Expense	-93.45M	-27.72M	-27.93M	-22.80M	-15.01M	-17.85M	-23.41M	-21.47M	-15.76M
Net Income	31.48M	-18.28M	18.37M	18.53M	12.86M	-5.48M	37.09M	17.60M	5.01M
Income Tax Expense	-16.07M	-3.18M	-6.31M	-3.68M	-2.90M	1.19M	-16.68M	-3.32M	0.00
Net Profit Margin	1.6%	-4.6%	3.2%	3.5%	2.7%	-1.6%	7.0%	3.5%	1.1%
EBITDA	234.87M	39.41M	74.44M	68.19M	52.82M	37.37M	71.19M	58.61M	41.33M
EBITDA Margin	11.9%	9.8%	12.8%	13.0%	11.2%	10.6%	13.4%	11.7%	9.4%
Depreciation & Amortization	109.59M	29.26M	27.89M	27.23M	25.20M	23.94M	26.55M	23.45M	20.38M
EPS Basic	0.59	-0.35	0.35	0.35	0.24	-0.10	0.71	0.34	0.10
EPS Diluted	0.58	-0.35	0.34	0.35	0.24	-0.10	0.70	0.33	0.09
Shares Outstanding	52.89M	52.89M	52.78M	52.95M	52.64M	52.54M	52.46M	52.41M	52.35M
Diluted Shares Outstanding	52.89M	52.89M	53.95M	53.37M	52.82M	52.54M	53.26M	53.24M	53.11M

Annual Income Statement (USD)

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Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	1.93B	1.77B	1.37B	1.82B	1.22B	1.03B	866.93M	787.14M
Cost of Goods Sold	1.63B	1.51B	1.13B	1.53B	985.34M	844.73M	698.82M	613.53M
Gross Profit	304.01M	256.09M	246.43M	290.83M	230.36M	187.55M	168.12M	173.61M
Gross Profit Margin	15.7%	14.5%	17.9%	15.9%	18.9%	18.2%	19.4%	22.1%
Total Operating Expenses	175.46M	147.35M	164.21M	157.84M	134.92M	116.05M	116.50M	114.51M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	47K
Selling, General & Administrative	178.54M	173.76M	162.14M	159.49M	132.90M	116.05M	116.50M	114.51M
Operating Income (EBIT)	128.56M	108.75M	82.22M	132.99M	95.43M	71.50M	51.61M	59.10M
Operating Margin	6.7%	6.1%	6.0%	7.3%	7.9%	6.9%	6.0%	7.5%
Income Before Tax (EBT)	44.98M	33.94M	38.27M	105.72M	78.14M	56.43M	36.55M	42.39M
Interest Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	87.94M	71.65M	46.21M	30.63M	17.21M	18.11M	16.07M	15.03M
Other Income/Expense	-83.58M	-74.81M	-43.95M	-27.27M	-17.29M	-15.07M	-15.06M	-16.71M
Net Income	44.28M	56.76M	62.47M	94.93M	70.46M	54.05M	44.44M	37.98M
Income Tax Expense	-11.70M	-20.00M	-25.64M	7.17M	-2.05M	-494K	-3.75M	4.81M
Net Profit Margin	2.3%	3.2%	4.5%	5.2%	5.8%	5.2%	5.1%	4.8%
EBITDA	232.83M	197.96M	148.13M	187.27M	142.01M	113.54M	91.05M	89.63M
EBITDA Margin	12.1%	11.2%	10.8%	10.3%	11.7%	11.0%	10.5%	11.4%
Depreciation & Amortization	104.27M	89.21M	65.91M	54.28M	46.58M	42.04M	39.44M	30.53M
EPS Basic	0.84	1.08	1.20	1.83	1.38	1.13	0.95	0.83
EPS Diluted	0.83	1.07	1.17	1.78	1.35	1.10	0.93	0.81
Shares Outstanding	52.68M	52.38M	52.14M	51.84M	50.85M	47.70M	46.59M	45.73M
Diluted Shares Outstanding	53.29M	53.14M	53.23M	53.28M	52.27M	49.01M	47.77M	46.83M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About Ameresco, Inc.

Ameresco, Inc. operates as a clean technology integrator, offering a broad spectrum of solutions focused on energy efficiency and sustainable energy generation across the United States, Canada, and global markets. The company serves diverse businesses and organizations by implementing strategies for enhanced energy efficiency, critical infrastructure improvements, bolstered energy security and resilience, improved asset longevity, and the deployment of renewable energy systems. Its operations are structured into distinct segments: U.S. Regions, U.S. Federal, Canada, and Non-Solar Distributed Generation. Ameresco specializes in the conceptualization, development, engineering, and installation of projects specifically designed to lower energy consumption and decrease operational and maintenance (O&M) expenses for client facilities. These projects typically involve tailored interventions aimed at optimizing the performance of critical building infrastructure, including heating, ventilation, cooling, and lighting systems. Additionally, Ameresco delivers comprehensive renewable energy services. This encompasses building small-scale power generation facilities, either owned directly by the company or constructed for clients, to produce electricity, gas, heat, or cooling from sustainable sources. They also provide ongoing operations and maintenance for these plants and market the generated renewable electricity, processed gas fuel, or thermal energy. Beyond this, the company distributes photovoltaic (PV) solar products and integrated systems, offers specialized consulting, and provides enterprise-level energy management solutions. Notably, Ameresco also owns and manages a wind power facility situated in Ireland. Its broad client base includes federal, state, and local governmental bodies, healthcare organizations, educational establishments, airports, public housing entities, universities, and a wide spectrum of commercial and industrial clients. By the close of 2021, specifically December 31st, Ameresco's portfolio featured 147 wholly-owned and operated small-scale renewable energy facilities and solar photovoltaic installations. Founded in 2000, Ameresco, Inc. maintains its corporate headquarters in Framingham, Massachusetts.

Framingham, MA

1,500 employees

www.ameresco.com

Industrials / Engineering & Construction

Sector: Industrials
Industry: Engineering & Construction
CEO: George Sakellaris

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