Ameresco, Inc. (AMRC)
NYSE:AMRC
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Earnings Data
Report Date
Aug 03, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.19Last Year’s EPS
0.27Same Quarter Last Year
Moderate Buy
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a majority of positive operational and strategic developments: double-digit revenue growth (14%), strong backlog expansion (awarded backlog +20% to $2.8B and total backlog $5.3B), robust O&M growth (+22%), and a transformational $400M JV with HASI creating Neogenix Fuels that unlocks liquidity ($100M to Ameresco) and growth capital ($300M). Near-term challenges include weather-related operational disruptions, a GAAP net loss ($18.3M) and increased operating costs driven by investment spending, plus accounting/reporting complexity from the JV consolidation. Overall, the upbeat growth metrics, liquidity improvement, and strategic JV outweigh the quarter-specific headwinds and near-term expenses.Company Guidance
Revenue Growth
Total revenue grew 14% year-over-year (Q1 2026 vs. prior year), representing a solid start to 2026 despite adverse weather impacts.
Project Revenue and Backlog Expansion
Project revenue increased 16% to $291 million; awarded project backlog grew 20% to $2.8 billion with over $500 million of new awards in the quarter, and total project backlog reached $5.3 billion.
O&M and Long-Term Contract Momentum
O&M revenue rose 22% year-over-year, and long-term O&M backlog now exceeds $1.5 billion, enhancing revenue predictability and durability.
Energy Asset Platform Growth
Energy asset revenue grew 7% to $61 million; operating energy asset base stands at 838 MW with an additional 568 MW in development and construction; company expects to place ~100–120 MW in service in 2026, including two RNG plants.
Neogenix Fuels Joint Venture and Capital Injection
Signed transformational agreement with HASI for a $400 million commitment to create Neogenix Fuels (Ameresco 70% / HASI 30%), implying a post-money enterprise value of ~ $1.8 billion; $300 million invested into Neogenix to drive growth and $100 million paid to Ameresco for existing business to fund strategic initiatives, working capital, and deleveraging.
Cash Generation and Liquidity
Ended the quarter with $104 million of unrestricted cash; adjusted cash flows from operations approximately $62 million for the quarter and an eight-quarter rolling average of ~$57 million.
Adjusted EBITDA and Financial Flexibility
Adjusted EBITDA was $40.5 million (in line with expectations); senior secured lenders increased the term loan by $45 million; corporate leverage at 3.2x remains below the 3.5x covenant.
Strategic Leadership and Organizational Strengthening
Promoted experienced leaders to co-presidents and a new COO to sharpen operational focus across energy infrastructure and building efficiency, positioning management to scale growth opportunities.
AMRC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AMRC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 04, 2026 | $31.48 | $30.77 | -2.26% |
Mar 02, 2026 | $30.95 | $27.90 | -9.85% |
Sep 30, 2025 | $33.58 | $37.54 | +11.79% |
Aug 04, 2025 | $16.70 | $24.88 | +48.98% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Ameresco, Inc. (AMRC) report earnings?
Ameresco, Inc. (AMRC) is schdueled to report earning on Aug 03, 2026, Before Open (Confirmed).
What is Ameresco, Inc. (AMRC) earnings time?
Ameresco, Inc. (AMRC) earnings time is at Aug 03, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AMRC EPS forecast?
AMRC EPS forecast for the fiscal quarter 2026 (Q2) is 0.19.