Algonquin Power & Utilities (AQN) Gross Margin (2018 - 2026)
Algonquin Power & Utilities' (AQN) quarterly Gross Margin came in at 24.18% in Q1 2026, down 530.0% YoY from 5.62% in Q1 2025, and up 169.4% on a QoQ basis from 34.83% in Q4 2025.
Algonquin Power & Utilities (AQN) Gross Margin (2018 - 2026) Analysis & Trends
Algonquin Power & Utilities (AQN) has 9 years of Gross Margin data on file, last reported at 24.18% in Q1 2026.
- Quarterly Gross Margin fell 530.0% year-over-year to 24.18% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 7.98% (up 483.0% YoY) and the FY2025 annual result came in at 64.23%, up 189.0% from the prior year.
- Gross Margin improved to 24.18% in Q1 2026, from 34.83% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 66.69% in Q2 2022 to a low of 272.66% in Q2 2023.
- A 5-year average of 1.65% and a median of 29.47% in 2025 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2023 — Gross Margin slumped 33935 bps — and 2024, when it surged 33111 bps.
- Tracing AQN's Gross Margin over 5 years: stood at 66.69% in 2022, then slumped by 509 bps to 272.66% in 2023, then surged by 83 bps to 46.58% in 2024, then grew by 25 bps to 34.83% in 2025, then soared by 169 bps to 24.18% in 2026.
- The last three Gross Margin figures came in at 24.18% (Q1 2026), 34.83% (Q4 2025), and 10.71% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Aes | 10.53 Bn | 8.67 Bn | 692.00 Mn | 20.22% |
| 2 | Brookfield Infrastructure Partners | 7.90 Bn | 4.39 Bn | 1.59 Bn | 24.53% |
| 3 | Algonquin Power & Utilities | 4.48 Bn | 4.41 Bn | 325.50 Mn | 59.85% |
| 4 | Avista | 3.18 Bn | 2.99 Bn | - | - |
| 5 | Unitil | 970.86 Mn | 961.66 Mn | 93.20 Mn | 79.66% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 59.85% |
| Mar 31, 2026 | 24.18% |
| Dec 31, 2025 | -34.83% |
| Sep 30, 2025 | 10.71% |
| Jun 30, 2025 | 58.81% |
| Mar 31, 2025 | 29.47% |
| Dec 31, 2024 | -46.58% |
| Sep 30, 2024 | 40.45% |
| Jun 30, 2024 | 58.45% |
| Mar 31, 2024 | 47.13% |
| Jun 30, 2023 | -272.66% |
| Jun 30, 2022 | 66.69% |
| Jun 30, 2021 | -119.65% |
| Jun 30, 2020 | 64.22% |
| Jun 30, 2019 | 65.02% |
| Jun 30, 2018 | 67.15% |