Ameresco (AMRC) Operating Expenses (2010 - 2025)

Ameresco has disclosed Operating Expenses across 16 years of filings, most recently posting $43.4 million for Q3 2025.

• In Q3 2025, Operating Expenses rose 2.93% year-over-year to $43.4 million; the TTM figure through Dec 2025 stood at $127.6 million (down 26.57% YoY), while the FY2024 annual figure was $173.8 million, up 7.17% from the prior year.
• Operating Expenses fell to $43.4 million in Q3 2025, from $45.7 million in the prior quarter.
• Over the last five years, Operating Expenses for AMRC reached as high as $47.8 million in Q4 2024 and fell as low as $28.6 million in Q1 2021.
• The 5-year median for Operating Expenses is $40.3 million (2022), against an average of $39.8 million.
• Annual changes were most pronounced in 2022 — Operating Expenses jumped 41.01% — and 2023, when it dropped 7.05%.
• 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.
• According to Business Quant data, Operating Expenses over the past three periods registered $43.4 million, $45.7 million, and $38.5 million for Q3 2025, Q2 2025, and Q1 2025 respectively.