Ameresco (AMRC) Cost of Revenue (2010 - 2025)

Ameresco (AMRC) has reported Cost of Revenue for 16 consecutive years, with $441.7 million the latest figure, recorded in Q3 2025.

• In Q3 2025, Cost of Revenue rose 4.23% year-over-year to $441.7 million; the TTM figure through Sep 2025 stood at $1.6 billion (up 13.58% YoY), while the FY2024 annual figure was $1.5 billion, up 34.18% from the prior year.
• Cost of Revenue rose to $441.7 million in Q3 2025 per AMRC's latest filing, from $398.9 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $496.1 million in Q2 2022 and bottomed at $205.3 million in Q1 2021.
• Historically, Cost of Revenue has averaged $331.7 million across 5 years, with a median of $344.6 million in 2021.
• Annual changes were most pronounced in 2022 — Cost of Revenue jumped 124.89% — and 2023, when it tumbled 45.89%.
• Ameresco's Cost of Revenue stood at $344.6 million in 2021, then fell by 21.61% to $270.1 million in 2022, then surged by 35.93% to $367.2 million in 2023, then gained by 26.88% to $465.9 million in 2024, then dropped by 5.2% to $441.7 million in 2025.
• Business Quant data shows AMRC's Cost of Revenue at $441.7 million in Q3 2025, $398.9 million in Q2 2025, and $300.9 million in Q1 2025.