Ameresco financials
$21.03+3.49%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.93B | $1.77B | $1.37B | $1.82B | $1.22B | $1.03B | $866.9M | $787.1M | $717.2M | $651.2M |
| Gross profit | $304.0M | $256.1M | $246.4M | $290.8M | $230.4M | $187.5M | $168.1M | $173.6M | $144.2M | $134.3M |
| Gross margin | 15.7% | 14.5% | 17.9% | 15.9% | 18.9% | 18.2% | 19.4% | 22.1% | 20.1% | 20.6% |
| Operating income | $121.7M | $69.9M | $80.5M | $131.3M | $95.6M | $71.5M | $51.6M | $59.1M | $36.6M | $23.8M |
| Net income | $44.3M | $56.8M | $62.5M | $94.9M | $70.5M | $54.1M | $44.4M | $38.0M | $37.5M | $12.0M |
| Net margin | 2.3% | 3.2% | 4.5% | 5.2% | 5.8% | 5.2% | 5.1% | 4.8% | 5.2% | 1.8% |
| Diluted EPS | $0.83 | $1.07 | $1.17 | $1.78 | $1.35 | $1.10 | $0.93 | $0.81 | $0.82 | $0.26 |
| EBITDA | $229.7M | $171.5M | $150.2M | $185.6M | $144.0M | $113.5M | $91.1M | $89.6M | $62.1M | $48.5M |
| Operating cash flow | -$80.4M | $117.6M | -$70.0M | -$338.3M | -$172.3M | -$102.6M | -$196.3M | -$53.2M | -$135.6M | -$52.6M |
| Free cash flow | -$436.4M | -$320.7M | -$621.8M | -$666.2M | -$356.1M | -$285.3M | -$337.7M | -$182.8M | -$224.0M | -$128.7M |
| Diluted shares | 53.3M | 53.1M | 53.2M | 53.3M | 52.3M | 49.0M | 47.8M | 46.8M | 45.7M | 46.5M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $71.8M | $108.5M | $79.3M | $115.5M | $50.5M | $66.4M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $1.88B | $1.63B | $1.49B | $900.1M | $456.1M | $381.0M |
| Total assets | $4.54B | $4.16B | $3.71B | $2.88B | $2.22B | $1.75B |
| Total liabilities | $3.41B | $3.11B | $2.74B | $1.96B | $1.47B | $1.22B |
| Shareholders' equity | $1.12B | $1.05B | $925.9M | $873.0M | $704.3M | $492.8M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology