Ameresco (AMRC) Operating Expenses (2010 - 2025)
Ameresco's (AMRC) quarterly Operating Expenses came in at $43.4 million in 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.
Analysis
Ameresco (AMRC) Operating Expenses (2010 - 2025) Analysis & Trends
Ameresco (AMRC) has reported Operating Expenses for 16 consecutive years, with $43.4 million the latest figure, recorded in Q3 2025.
- On a quarterly basis, Operating Expenses rose 2.93% year-over-year to $43.4 million in Q3 2025; TTM through Sep 2025 was $175.4 million, a 7.9% increase from a year earlier, with the FY2024 full-year figure at $173.8 million, up 7.17% from the prior year.
- Operating Expenses was $43.4 million for Q3 2025 at Ameresco, down 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.
- Across the five-year window, Operating Expenses soared 41.01% in 2022 and slipped 7.05% in 2023, its largest moves.
- Over 5 years, Operating Expenses stood at $37.3 million in 2021, then rose by 5.9% to $39.5 million in 2022, then slipped by 7.05% to $36.7 million in 2023, then jumped by 30.46% to $47.8 million in 2024, then decreased by 9.34% to $43.4 million in 2025.
- The last three Operating Expenses figures came in at $43.4 million (Q3 2025), $45.7 million (Q2 2025), and $38.5 million (Q1 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Ferrovial | 40.46 Bn | 37.11 Bn | - | - |
| 2 | Emcor | 34.53 Bn | 33.61 Bn | 1.02 Bn | 475.04 Mn |
| 3 | Jacobs Solutions | 16.62 Bn | 15.43 Bn | 810.70 Mn | 524.00 Mn |
| 4 | Sterling Infrastructure | 15.68 Bn | 15.25 Bn | 289.96 Mn | 65.66 Mn |
| 5 | Aecom | 8.18 Bn | 7.37 Bn | -34.04 Mn | 46.45 Mn |
| 6 | Stantec | 7.95 Bn | 7.95 Bn | 1.36 Bn | 963.15 Mn |
| 7 | Fluor | 7.35 Bn | 4.40 Bn | 179.00 Mn | 41.00 Mn |
| 8 | Argan | 5.81 Bn | 5.26 Bn | 74.22 Mn | 17.41 Mn |
| 9 | Installed Building Products | 5.43 Bn | 5.03 Bn | 258.90 Mn | 164.30 Mn |
| 10 | Ameresco | 1.25 Bn | 1.20 Bn | - | - |
Historic Data
Download Data
Historic 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 |