AMRC · XBRL financial data

Ameresco financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (AMRC's year ends in late December)

In millions of dollars	FY 2019Dec 31, 2019	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024
Revenue from contracts with customers	867	1,032	1,216	1,824	1,375	1,770
Cost of goods and services sold	699	845	985	1,534	1,128	1,514
Gross profit	168	188	230	291	246	256
Selling, general and administrative	117	116	135	158	162	174
General and administrative	117	—	—	—	—	—
Operating income (loss)	52	71	95	133	82	109
Interest expense	13	13	15	18	27	—
Income tax expense (benefit)	(4)	(0)	(2)	7	(26)	(20)
Net income (loss)	44	54	70	95	62	57
Earnings per share, basic USD per share	0.95	1.13	1.38	1.83	1.20	1.08
Earnings per share, diluted USD per share	0.93	1.10	1.35	1.78	1.17	1.07
Weighted average shares, basic millions of shares	47	48	51	52	52	52
Weighted average shares, diluted millions of shares	48	49	52	53	53	53

Fiscal years (AMRC's year ends in late December)

In millions of dollars	FY 2019Dec 31, 2019	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024
Cash and cash equivalents	33	66	50	116	79	109
Inventory	9	9	9	14	14	12
Prepaid and other current assets	—	—	—	39	123	146
Total current assets	425	491	639	1,001	1,128	1,301
Property and equipment, net	10	9	13	16	17	11
Right-of-use asset	33	39	42	38	59	80
Goodwill	58	59	71	71	76	66
Total assets	1,374	1,750	2,225	2,877	3,714	4,159
Accounts payable	202	231	309	349	403	529
Accrued liabilities	31	42	43	89	109	107
Current portion of long-term debt	70	69	79	331	322	149
Total current liabilities	337	383	474	812	901	889
Long-term debt	266	—	—	—	—	—
Lease liability, non-current	29	35	35	32	42	59
Retained earnings	314	368	439	534	596	653
Total stockholders' equity	429	493	704	824	902	1,013
Total liabilities and equity	1,374	1,750	2,225	2,877	3,714	4,159

Fiscal years (AMRC's year ends in late December)

In millions of dollars	FY 2019Dec 31, 2019	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024
Net income (loss)	44	54	70	95	62	57
Stock-based compensation	2	2	9	15	10	14
Depreciation and amortization	38	40	45	52	64	89
Net cash from operating activities	(196)	(103)	(172)	(338)	(70)	118
Purchases of property and equipment	7	2	5	5	6	4
Net cash from investing activities	(142)	(181)	(205)	(328)	(567)	(387)
Proceeds from issuing common stock	0	0	120	0	0	—
Share repurchases	0	0	0	0	—	—
Proceeds from long-term debt	44	116	186	468	843	—
Repayments of long-term debt	28	74	98	162	303	—
Net cash from financing activities	317	305	365	730	641	314
Net change in cash	(21)	22	(12)	63	4	45

SIC 1700 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 1700 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Ameresco	138	515	(107)*	not reported	1.3 quarters	Q2 FY26 10-QJun 30, 2026
Argan	364	384	97*	14.0M	—	Q2 FY27 10-QJul 31, 2026
Sunrun	1,136	870	(186)*	240.8M	6.1 quarters	Q2 FY26 10-QJun 30, 2026
Limbach Holdings	29	230	20*	11.7M	—	Q3 FY26 10-QSep 30, 2026
Legence	292	1,262	74*	not reported	—	Q2 FY26 10-QJun 30, 2026
QXO Insulation	269	1,446	161	28.1M	—	Q1 FY26 10-QMar 31, 2026
Matrix Service	223	245*	(8.8)*	28.3M	25.3 quarters	Q4 FY26 10-KJun 30, 2026
Concrete Pumping Holdings	43	107	24*	50.4M	—	Q3 FY26 10-QJul 31, 2026

Not investment advice. Not affiliated with the U.S. SEC.