AMRC Q3 2024 Earnings — Ameresco, Inc. Revenue & Financial Results | Market Cap Arena

AMRCAmeresco, Inc.

$1B

Q3 2024 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$501M+49.4% YoY

Gross Profit

$77M15.4% margin

Operating Income

$35M7.0% margin

Net Income

$18M3.5% margin

EPS (Diluted)

$0.33

QoQ Revenue Growth

+14.4%

Cash Flow

Operating Cash Flow

$25M

Free Cash Flow

-$93M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$4.0B

Total Liabilities

$3.0B

Stockholders' Equity

$937M

Cash & Equivalents

$185M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$501M	$335M	+49.4%
Gross Profit	$77M	$64M	+21.2%
Operating Income	$35M	$21M	+64.1%
Net Income	$18M	$21M	-17.2%

Revenue Segments

Project Revenue

$385M77%

Energy Assets Revenue

$59M12%

Operations And Maintenance Revenue

$28M6%

Other Revenue

$28M6%

Geographic Segments

UNITED STATES

$432M86%

Europe

$53M11%

CANADA

$16M3%