AQN Q2 2023 Earnings — Algonquin Power & Utilities Corp. Revenue & Financial Results | Market Cap Arena

AQNAlgonquin Power & Utilities Corp.

$5B

Q2 2023 Earnings

Utilities Renewable Utilities

Income Statement

Revenue

$628M+1.4% YoY

Gross Profit

$486M77.4% margin

Operating Income

$94M14.9% margin

Net Income

-$253M-40.3% margin

EPS (Diluted)

$-0.37

QoQ Revenue Growth

-19.4%

Cash Flow

Operating Cash Flow

$265M

Free Cash Flow

$16M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$18.0B

Total Liabilities

$10.8B

Stockholders' Equity

$5.2B

Cash & Equivalents

$100M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$628M	$619M	+1.4%
Gross Profit	$486M	$450M	+7.8%
Operating Income	$94M	$107M	-12.4%
Net Income	-$253M	-$33M	-658.5%

Revenue Segments

Regulated Electricity

$327M52%

Regulated Gas

$110M17%

Regulated Water

$96M15%

Non-Regulated Energy

$72M11%

Other Revenue

$24M4%

Geographic Segments

UNITED STATES

$504M80%

International, Excluding Canada

$86M14%

CANADA

$38M6%