Ameresco (AMRC) Operating Expenses (2010 - 2025)
Ameresco (AMRC) reported Operating Expenses of $43.4 million for Q3 2025, up 2.93% year-over-year from $42.1 million in Q3 2024, and down 5.16% quarter-over-quarter from $45.7 million in Q2 2025.
Ameresco (AMRC) Operating Expenses (2010 - 2025) Analysis & Trends
Ameresco (AMRC) has 16 years of Operating Expenses data on file, last reported at $43.4 million in Q3 2025.
- Operating Expenses for Q3 2025 came in at $43.4 million, up 2.93% year-over-year; the trailing twelve-month figure through Dec 2025 was $127.6 million (down 26.57% YoY), and the FY2024 annual result was $173.8 million, up 7.17% from the prior year.
- Operating Expenses eased to $43.4 million in Q3 2025 per AMRC's latest filing, from $45.7 million in the prior quarter.
- Over five years, Operating Expenses peaked at $47.8 million in Q4 2024 and troughed at $28.6 million in Q1 2021.
- A 5-year average of $39.8 million and a median of $40.3 million in 2022 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses jumped 41.01% in 2022, then dropped 7.05% in 2023.
- A 5-year view of Operating Expenses shows it stood at $37.3 million in 2021, then gained by 5.9% to $39.5 million in 2022, then dropped by 7.05% to $36.7 million in 2023, then surged by 30.46% to $47.8 million in 2024, then slipped by 9.34% to $43.4 million in 2025.
- Business Quant data shows AMRC's Operating Expenses at $43.4 million in Q3 2025, $45.7 million in Q2 2025, and $38.5 million in Q1 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 103.91 Bn | 103.65 Bn | 1.11 Bn | 620.73 Mn |
| 2 | Comfort Systems Usa | 65.18 Bn | 64.13 Bn | 754.41 Mn | 269.00 Mn |
| 3 | Emcor | 36.65 Bn | 35.73 Bn | 863.95 Mn | 460.11 Mn |
| 4 | Mastec | 28.10 Bn | 27.94 Bn | 477.90 Mn | 297.49 Mn |
| 5 | Sterling Infrastructure | 27.31 Bn | 26.80 Bn | 194.30 Mn | 49.26 Mn |
| 6 | APi | 18.18 Bn | 17.54 Bn | 620.00 Mn | 517.00 Mn |
| 7 | IES Holdings | 14.63 Bn | 14.37 Bn | 254.79 Mn | 142.57 Mn |
| 8 | Jacobs Solutions | 14.18 Bn | 12.80 Bn | 794.89 Mn | 876.07 Mn |
| 9 | Dycom Industries | 13.76 Bn | 13.05 Bn | - | - |
| 10 | Ameresco | 967.58 Mn | 938.46 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 43.37 Mn |
| Jun 30, 2025 | 45.73 Mn |
| Mar 31, 2025 | 38.49 Mn |
| Dec 31, 2024 | 47.84 Mn |
| Sep 30, 2024 | 42.14 Mn |
| Jun 30, 2024 | 44.23 Mn |
| Mar 31, 2024 | 39.56 Mn |
| Dec 31, 2023 | 36.67 Mn |
| Sep 30, 2023 | 42.75 Mn |
| Jun 30, 2023 | 41.41 Mn |
| Mar 31, 2023 | 41.30 Mn |
| Dec 31, 2022 | 39.45 Mn |
| Sep 30, 2022 | 41.11 Mn |
| Jun 30, 2022 | 38.60 Mn |
| Mar 31, 2022 | 40.33 Mn |
| Dec 31, 2021 | 37.25 Mn |
| Sep 30, 2021 | 35.17 Mn |
| Jun 30, 2021 | 31.88 Mn |
| Mar 31, 2021 | 28.60 Mn |
| Dec 31, 2020 | 33.65 Mn |