Quarterly ResultMay 5, 2026, 08:47 AM
Ameresco Q1 Net Loss Widens to $(18.28)M; Revenue Up 13.8%
AI Summary
Ameresco reported a net loss attributable to common shareholders of $(18.28) million for Q1 2026, a significant increase from $(5.48) million in Q1 2025. Despite this, total revenues grew by 13.8% to $401.46 million. The company also saw a substantial improvement in cash flows from operating activities, turning positive at $35.40 million compared to a negative $28.30 million in the prior year. Operating income, however, decreased by 25.3%.
Key Highlights
- Net loss attributable to common shareholders widened to $(18.28) million in Q1 2026 from $(5.48) million in Q1 2025.
- Total revenues increased by 13.8% to $401.46 million in Q1 2026 from $352.83 million year-over-year.
- Basic and diluted net loss per share was $(0.35), compared to $(0.10) in the prior year quarter.
- Cash flows from operating activities improved significantly to $35.40 million from $(28.30) million.
- Operating income decreased by 25.3% to $10.25 million in Q1 2026 from $13.69 million.
- Total contracted backlog stood at $4.04 billion as of March 31, 2026.
- Europe segment revenue grew 31.7% to $127.30 million in Q1 2026.
- U.S. Federal segment revenue surged 118.9% to $55.26 million.
Price Impact
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