Ameresco (AMRC) Operating Expenses (2010 - 2025)

Ameresco (AMRC) has reported Operating Expenses for 16 consecutive years, with $43.4 million the latest figure, recorded in 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 retreated to $43.4 million in Q3 2025 per AMRC's latest filing, from $45.7 million in the prior quarter.
• Across five years, Operating Expenses topped out at $47.8 million in Q4 2024 and bottomed at $28.6 million in Q1 2021.
• Historically, Operating Expenses has averaged $39.8 million across 5 years, with a median of $40.3 million in 2022.
• Annual changes were most pronounced in 2022 — Operating Expenses jumped 41.01% — and 2023, when it dropped 7.05%.
• Ameresco's Operating Expenses stood at $37.3 million in 2021, then advanced by 5.9% to $39.5 million in 2022, then declined by 7.05% to $36.7 million in 2023, then soared by 30.46% to $47.8 million in 2024, then dropped 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.