AQN Q1 2023 Earnings — Algonquin Power & Utilities Corp. Revenue & Financial Results | Market Cap Arena

AQNAlgonquin Power & Utilities Corp.

$5B

Q1 2023 Earnings

Utilities Renewable Utilities

Income Statement

Revenue

$779M+6.2% YoY

Gross Profit

$504M64.7% margin

Operating Income

$142M18.3% margin

Net Income

$270M34.7% margin

EPS (Diluted)

$0.39

QoQ Revenue Growth

+5.4%

Cash Flow

Operating Cash Flow

$34M

Free Cash Flow

-$136M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$17.9B

Total Liabilities

$10.6B

Stockholders' Equity

$5.5B

Cash & Equivalents

$61M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$779M	$733M	+6.2%
Gross Profit	$504M	$486M	+3.7%
Operating Income	$142M	$137M	+3.8%
Net Income	$270M	$91M	+197.0%