Ameresco (AMRC) Cost of Revenue (2011 - 2025)
Ameresco's (AMRC) quarterly Cost of Revenue came in at $441.7 million in Q3 2025, up 4.23% year-over-year from $423.7 million in Q3 2024, and up 10.71% quarter-over-quarter from $398.9 million in Q2 2025.
Analysis
Ameresco (AMRC) Cost of Revenue (2011 - 2025) Analysis & Trends
Ameresco (AMRC) has reported Cost of Revenue for 15 consecutive years, with $441.7 million the latest figure, recorded in Q3 2025.
- On a quarterly basis, Cost of Revenue rose 4.23% year-over-year to $441.7 million in Q3 2025; TTM through Sep 2025 was $1.6 billion, a 13.58% increase from a year earlier, with the FY2024 full-year figure at $1.5 billion, up 34.18% from the prior year.
- Cost of Revenue was $441.7 million for Q3 2025 at Ameresco, up from $398.9 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $496.1 million in Q2 2022 and troughed at $205.3 million in Q1 2021.
- A 5-year average of $331.7 million and a median of $344.6 million in 2021 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue soared 124.89% in 2022 and plunged 45.89% in 2023, its largest moves.
- Over 5 years, Cost of Revenue stood at $344.6 million in 2021, then dropped by 21.61% to $270.1 million in 2022, then soared by 35.93% to $367.2 million in 2023, then increased by 26.88% to $465.9 million in 2024, then decreased by 5.2% to $441.7 million in 2025.
- The last three Cost of Revenue figures came in at $441.7 million (Q3 2025), $398.9 million (Q2 2025), and $300.9 million (Q1 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Ferrovial | 40.46 Bn | 37.11 Bn | - | - |
| 2 | Emcor | 34.53 Bn | 33.61 Bn | 1.02 Bn | 4.13 Bn |
| 3 | Jacobs Solutions | 16.62 Bn | 15.43 Bn | 810.70 Mn | 3.27 Bn |
| 4 | Sterling Infrastructure | 15.68 Bn | 15.25 Bn | 289.96 Mn | 878.22 Mn |
| 5 | Aecom | 8.18 Bn | 7.37 Bn | -34.04 Mn | 3.62 Bn |
| 6 | Stantec | 7.95 Bn | 7.95 Bn | 1.36 Bn | 1.15 Bn |
| 7 | Fluor | 7.35 Bn | 4.40 Bn | 179.00 Mn | 4.15 Bn |
| 8 | Argan | 5.81 Bn | 5.26 Bn | 74.22 Mn | 309.76 Mn |
| 9 | Installed Building Products | 5.43 Bn | 5.03 Bn | 258.90 Mn | 518.90 Mn |
| 10 | Ameresco | 1.25 Bn | 1.20 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 441.66 Mn |
| Jun 30, 2025 | 398.93 Mn |
| Mar 31, 2025 | 300.91 Mn |
| Dec 31, 2024 | 465.88 Mn |
| Sep 30, 2024 | 423.73 Mn |
| Jun 30, 2024 | 372.81 Mn |
| Mar 31, 2024 | 251.41 Mn |
| Dec 31, 2023 | 367.19 Mn |
| Sep 30, 2023 | 271.49 Mn |
| Jun 30, 2023 | 268.43 Mn |
| Mar 31, 2023 | 221.09 Mn |
| Dec 31, 2022 | 270.13 Mn |
| Sep 30, 2022 | 361.74 Mn |
| Jun 30, 2022 | 496.09 Mn |
| Mar 31, 2022 | 405.62 Mn |
| Dec 31, 2021 | 344.58 Mn |
| Sep 30, 2021 | 214.87 Mn |
| Jun 30, 2021 | 220.60 Mn |
| Mar 31, 2021 | 205.29 Mn |
| Dec 31, 2020 | 256.10 Mn |