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Adjusted EBITDA by Segment
Shows profitability from each business unit after removing non-operational factors, providing clarity on core operational efficiency and cash flow generation.Energy Assets have become the steadier growth engine, backed by asset placements and a deep development pipeline, while Projects remain lumpy—big quarter-to-quarter swings driven by project timing despite a growing awarded backlog. O&M is the durable, predictable base. The massive 'Other' spike reflects the Neogenix Fuels JV consolidation and is largely accounting/attribution noise (30% to HASI), meaning Ameresco‑attributable EBITDA will look smaller going forward; prioritize cash generation, placed‑MW guidance and backlog quality over headline EBITDA volatility.
Date | Projects | Energy Assets | Operations and Maintenance | Other |
|---|---|---|---|---|
Jun 30, 2026 | $17.50M | $34.83M | $9.79M | $683.00K |
Mar 31, 2026 | $5.84M | $30.01M | $2.59M | $2.03M |
Dec 31, 2025 | $27.52M | $37.76M | $2.80M | $1.94M |
Sep 30, 2025 | $24.48M | $41.12M | $2.63M | $2.17M |
Jun 30, 2025 | $16.30M | $33.80M | $3.40M | $2.60M |
Mar 31, 2025 | $8.74M | $30.11M | $1.66M | $130.00K |
Dec 31, 2024 | $13.71M | $31.05M | $2.61M | $39.81M |
Sep 30, 2024 | $20.60M | $33.30M | $5.10M | $3.10M |
Jun 30, 2024 | $7.10M | $31.20M | $3.90M | $2.90M |
Mar 31, 2024 | $3.20M | $21.20M | $4.80M | $1.60M |