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
DateValue
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