North America Regions was Ameresco’s largest segment in fiscal 2024, bringing in $878.83M of $1.77B (50%).
| Segment | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America Regions | — | $1.17B | $616.43M | $878.83M | |||||||||||
| U.S. Regions | $551.12M | — | — | — | |||||||||||
| Other U.S Regions | — | — | — | — | |||||||||||
| U.S. Federal | $392.95M | $391.89M | $402.88M | $372.54M | |||||||||||
| U.S Federal | — | — | — | — | |||||||||||
| Renewable Fuels | — | $114.46M | $117.08M | $173.34M | |||||||||||
| Europe | $46.16M | $58.41M | $149.35M | $250.57M | |||||||||||
| Central U.S Region | — | — | — | — | |||||||||||
| Alternative Fuels | $111.22M | — | — | — | |||||||||||
| All Other | $64.76M | $86.38M | $88.89M | $94.65M | |||||||||||
| Other | — | — | — | — | |||||||||||
| Non-Solar Dg | — | — | — | — | |||||||||||
| Small-Scale Infrastructure | — | — | — | — | |||||||||||
| Canada | $49.48M | — | — | — | |||||||||||
| Total | $1.22B | $1.82B | $1.37B | $1.77B |
Ameresco brought in $1.77B from its five segments in fiscal 2024, the year ended December 31, 2024. That was up 28.8% from $1.37B in fiscal 2023. North America Regions was the largest at $878.83M (49.7%), ahead of U.S. Federal at $372.54M (21.0%) and Europe at $250.57M (14.2%). The other two segments brought in $267.99M combined.
Compared with fiscal 2023, Europe grew fastest, up 67.8% to $250.57M, while U.S. Federal fell the most, down 7.5% to $372.54M.
Ameresco began breaking out North America Regions in fiscal 2022 and Renewable Fuels in fiscal 2022. Ameresco stopped reporting U.S. Regions ($551.12M in fiscal 2021), Alternative Fuels ($111.22M in fiscal 2021) and Canada ($49.48M in fiscal 2021) as separate segments.
Project Revenue was Ameresco’s largest product and service line in fiscal 2024, bringing in $1.34B of $1.77B (76%).
| Product and Service | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Project Revenue | $903.96M | $1.48B | $1.00B | $1.34B | |||||||||
| Project | — | — | — | — | |||||||||
| Projects | — | — | — | — | |||||||||
| Energy Assets | $151.25M | $162.09M | $178.89M | $213.34M | |||||||||
| Om Revenue | $78.61M | $84.97M | $92.48M | $106.47M | |||||||||
| Other | $40.67M | $96.10M | $101.96M | $111.43M | |||||||||
| O&M | — | — | — | — | |||||||||
| Operations & Maintenance | — | — | — | — | |||||||||
| Operating Assets | — | — | — | — | |||||||||
| Generating Assets | — | — | — | — | |||||||||
| Integrated Pv | $41.20M | — | — | — | |||||||||
| Integrated-Pv | — | — | — | — | |||||||||
| Integrated-Pv Solar Products & Systems | — | — | — | — | |||||||||
| Other Services | — | — | — | — | |||||||||
| All Other | — | — | — | — | |||||||||
| Total | $1.22B | $1.82B | $1.37B | $1.77B |
Ameresco brought in $1.77B from its four product and service lines in fiscal 2024, the year ended December 31, 2024. That was up 28.8% from $1.37B in fiscal 2023. Project Revenue was the largest at $1.34B (75.6%), ahead of Energy Assets at $213.34M (12.1%) and Other at $111.43M (6.3%). The remaining line, Om Revenue, brought in $106.47M.
Compared with fiscal 2023, Project Revenue grew fastest, up 33.7% to $1.34B. Every line above 2% of revenue grew.
Ameresco stopped reporting Integrated Pv as a separate line after fiscal 2021, when it brought in $41.20M.
United States was Ameresco’s largest region in fiscal 2024, bringing in $1.45B of $1.77B (82%).
| Geography | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | $1.13B | $1.71B | $1.16B | $1.45B | |||||||||||
| Europe | $43.77M | $58.64M | $149.49M | $250.68M | |||||||||||
| Canada | $45.78M | $53.46M | $63.37M | $72.37M | |||||||||||
| Other | — | — | — | — | |||||||||||
| Other Countries | — | — | — | — | |||||||||||
| Total | $1.22B | $1.82B | $1.37B | $1.77B |
Ameresco brought in $1.77B from its three regions in fiscal 2024, the year ended December 31, 2024. That was up 28.8% from $1.37B in fiscal 2023. United States was the largest at $1.45B (81.7%), ahead of Europe at $250.68M (14.2%) and Canada at $72.37M (4.1%).
Compared with fiscal 2023, Europe grew fastest, up 67.7% to $250.68M. Every region above 2% of revenue grew. From fiscal 2021 to 2024, combined revenue from these regions grew from $1.22B to $1.77B, a compound annual growth rate of 13.3%. United States' share of the total fell from 92.6% to 81.7%.
Ameresco (AMRC) reports its revenue by segment, by product and service and by geography. In fiscal 2024, North America Regions was its largest segment, bringing in $878.83M (49.7% of the total), followed by U.S. Federal at $372.54M (21.0%).
North America Regions was Ameresco's largest segment in fiscal 2024, bringing in $878.83M, or 49.7% of the $1.77B total across its five segments.
Project Revenue was Ameresco's largest product and service line in fiscal 2024, bringing in $1.34B, or 75.6% of the $1.77B total across its four product and service lines.
United States was Ameresco's largest region in fiscal 2024, bringing in $1.45B, or 81.7% of the $1.77B total across its three regions.
Among Ameresco's segments that make up at least 2% of revenue, Europe grew fastest in fiscal 2024, up 67.8% from $149.35M to $250.57M.
Every figure comes from Ameresco's annual financial filings, as reported. Each line keeps the name Ameresco gives it, and years follow its fiscal calendar.
Ameresco's revenue by segment goes back to fiscal 2010, with figures through fiscal 2024. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.