Algonquin Power & Utilities Corp. (AQN) Operating Income (2009 - 2026)

On a TTM basis, Algonquin Power & Utilities' Operating Income came in at $525.4 million as of Jun 30, 2026, up 20.4% year-over-year; for the year ended Dec 31, 2025, it was $504.7 million, down 23.5% from the prior year.

• Annual Operating Income has a five-year compound annual growth rate of -3.4% (years ended Dec 2020 to Dec 2025).
• Across earlier years, Operating Income came in at $660 million in the year ended Dec 31, 2024 (+41.2%), $467.29 million in the year ended Dec 31, 2023 (-45.9%), $864.1 million in the year ended Dec 31, 2022 (+14.0%) and $757.9 million in the year ended Dec 31, 2021 (+26.3%).
• Quarterly Operating Income has ranged from $64.8 million in the quarter ended Jun 30, 2025 to $258.4 million in the quarter ended Dec 31, 2022 over the past five years.
• On a year-over-year basis, Operating Income has increased for four consecutive quarters, with an average decline of 1.0% over the last eight quarters.
• Peak year-over-year performance for Operating Income in the last five years was growth of 111.1% in the quarter ended Jun 30, 2022, against a decline of 46.1% in the quarter ended Dec 31, 2024 at the low end.
• Per Business Quant, the preceding three quarters came in at $180.8 million (quarter ended Mar 31, 2026), $111.3 million (quarter ended Dec 31, 2025) and $149.7 million (quarter ended Sep 30, 2025).