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

Ameresco has disclosed Cost of Revenue across 16 years of filings, most recently posting $441.7 million for 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 improved to $441.7 million in Q3 2025, from $398.9 million in the prior quarter.
• Over the last five years, Cost of Revenue for AMRC reached as high as $496.1 million in Q2 2022 and fell as low as $205.3 million in Q1 2021.
• The 5-year median for Cost of Revenue is $344.6 million (2021), against an average of $331.7 million.
• Annual changes were most pronounced in 2022 — Cost of Revenue jumped 124.89% — and 2023, when it sank 45.89%.
• A 5-year view of Cost of Revenue shows it stood at $344.6 million in 2021, then declined by 21.61% to $270.1 million in 2022, then jumped by 35.93% to $367.2 million in 2023, then rose by 26.88% to $465.9 million in 2024, then slipped by 5.2% to $441.7 million in 2025.
• According to Business Quant data, Cost of Revenue over the past three periods registered $441.7 million, $398.9 million, and $300.9 million for Q3 2025, Q2 2025, and Q1 2025 respectively.