Filing Flows › Ameresco (AMRC) › How it makes money
How Ameresco (AMRC) makes money
Ameresco (AMRC) made $515M of revenue in the second quarter 2026 (Q2 2026), +9% from a year earlier. North America Regions brought in $197M (38%); Europe brought in $156M (30%); U.S. Federal brought in $92.6M (18%). Of every dollar of revenue, 18¢ was left as gross profit, 9¢ was left as operating profit, 2¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q2 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| North America Regions | $197M | 38.2% | +19% | -7% |
| Europe | $156M | 30.2% | +22% | +10% |
| U.S. Federal | $92.6M | 18.0% | +68% | +55% |
| Renewable Fuels | $54.2M | 10.5% | +38% | +27% |
| All Other | $15.8M | 3.1% | +16% | -6% |
Where each dollar of revenue goes
| Line | Q2 2026 | % of revenue |
|---|---|---|
| Revenue | $515M | 100.0% |
| Cost of revenue | $424M | 82.3% |
| Gross profit | $91.3M | 17.7% |
| Operating expenses | $47.2M | 9.1% |
| Operating profit | $44.1M | 8.6% |
| Income tax | $137K | 0.0% |
| Net earnings | $9.7M | 1.9% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q2 2026 | $515M | +9% |
| Q1 2026 | $401M | +14% |
| Q3 2025 | $526M | +5% |
| Q2 2025 | $472M | +8% |
| Q1 2025 | $353M | +18% |
| Q4 2024 | $533M | +21% |
From Ameresco's 10-Q filed Aug 4, 2026 (on EDGAR).
Questions
How does Ameresco make money?
Ameresco (AMRC) made $515M of revenue in the second quarter 2026 (Q2 2026), +9% from a year earlier. North America Regions brought in $197M (38%); Europe brought in $156M (30%); U.S. Federal brought in $92.6M (18%). Of every dollar of revenue, 18¢ was left as gross profit, 9¢ was left as operating profit, 2¢ was left as net earnings.
What is Ameresco's biggest business?
North America Regions: $197M in the second quarter 2026, 38% of revenue, -7% from a year earlier.
What is Ameresco's profit margin?
Net earnings were $9.7M, 1.9% of revenue, in the second quarter 2026; the operating margin was 8.6%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.