Ameresco, Inc. reported results for the 2026 quarter with revenue rising to $515.46M from $472.28M a year earlier while net income attributable to common shareholders fell to $9.72M, or $0.18 per diluted share, versus $12.86M, or $0.24 per share in the prior-year quarter.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$515.46M$472.28M9.1% | Net income²$9.72M$12.86M(24.5%) | Diluted EPS³$0.18$0.24(25%) |
¹ Reported as “Revenues”. ² Reported as “Net income (loss) attributable to common shareholders”. ³ Reported as “Net income (loss) per share attributable to common shareholders”.
Business Highlights
- Revenue growth of 11.1% year-to-date was driven by project work, energy asset sales and operations & maintenance (O&M), with strength in U.S. Federal and Europe segments.
- The company is shifting its mix toward energy assets and O&M, expanding its operating asset portfolio and increasing data-center development activity.
- Closed the Neogenyx Fuels joint venture in May 2026, contributing biogas operations and a consolidated JV that unlocked $400M in strategic capital.
- Federal policies (including IRA/OBBB) and climate-focused demand supported the project pipeline and backlog, which expanded to $6.7B.
- Execution was affected by supply disruptions and seasonality, causing project delays and higher costs.
Original SEC Filing:
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