United States was Ameresco’s largest region in fiscal 2024, bringing in $1.45B of $1.77B (82%).
| Geography | 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%.
Project was Ameresco’s largest revenue line in fiscal 2017, bringing in $506.55M of $777.73M (65%).
| Products and Services | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 |
|---|---|---|---|---|---|---|
| Project | $386.82M | $434.38M | $454.20M | $506.55M | ||
| Projects | — | — | — | — | ||
| Operations & Maintenance | $59.42M | $59.12M | $63.08M | $60.57M | ||
| O&Amp;M | — | — | — | $60.57M | ||
| Energy Assets | — | $55.13M | $64.88M | $69.24M | ||
| Operating Assets | $51.76M | — | — | — | ||
| Generating Assets | — | — | — | — | ||
| Integrated-Pv | $51.20M | $40.07M | $29.33M | $38.80M | ||
| Integrated-Pv Solar Products & Systems | — | — | — | — | ||
| Other Services | $44.05M | $42.14M | $39.74M | $41.99M | ||
| All Other | — | — | — | — | ||
| Total | $593.24M | $630.83M | $651.23M | $777.73M |
Ameresco brought in $777.73M from its six revenue lines in fiscal 2017, the year ended December 31, 2017. Ameresco regrouped these revenue lines after fiscal 2016, so the total does not compare directly with that year's $651.23M. Project was the largest at $506.55M (65.1%), ahead of Energy Assets at $69.24M (8.9%) and Operations & Maintenance at $60.57M (7.8%). The other three revenue lines brought in $141.36M combined.
Compared with fiscal 2016, Integrated-Pv grew fastest, up 32.3% to $38.80M, while Operations & Maintenance fell the most, down 4.0% to $60.57M.
Ameresco began breaking out O&Amp;M in fiscal 2017 and Energy Assets in fiscal 2015. Ameresco stopped reporting Operating Assets as a separate revenue line after fiscal 2014, when it brought in $51.76M.
U.S. Regions was Ameresco’s largest segment in fiscal 2017, bringing in $290.20M of $717.15M (40%).
| Statement Business Segments | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 |
|---|---|---|---|---|---|---|---|
| U.S. Regions | $263.45M | $306.09M | $276.77M | $290.20M | |||
| Other U.S Regions | — | — | — | — | |||
| U.S. Federal | $106.19M | $127.62M | $178.01M | $229.15M | |||
| U.S Federal | — | — | — | — | |||
| Central U.S Region | — | — | — | — | |||
| Other | $94.82M | $86.27M | $71.61M | $74.79M | |||
| All Other | — | — | — | — | |||
| Non-Solar Dg | — | $61.63M | $74.40M | $79.22M | |||
| Small-Scale Infrastructure | $58.29M | — | — | — | |||
| Canada | $70.49M | $49.24M | $50.45M | $43.80M | |||
| Total | $593.24M | $630.83M | $651.23M | $717.15M |
Ameresco brought in $717.15M from its five segments in fiscal 2017, the year ended December 31, 2017. That is less than the $777.73M it reports by products and services, so these segments do not cover all of its revenue. U.S. Regions was the largest at $290.20M (40.5%), ahead of U.S. Federal at $229.15M (32.0%) and Non-Solar Dg at $79.22M (11.0%). The other two segments brought in $118.59M combined.
Compared with fiscal 2016, U.S. Federal grew fastest, up 28.7% to $229.15M, while Canada fell the most, down 13.2% to $43.80M.
Ameresco began breaking out Non-Solar Dg in fiscal 2015, when it brought in $61.63M. Ameresco stopped reporting Small-Scale Infrastructure as a separate segment after fiscal 2014, when it brought in $58.29M.
Ameresco (AMRC) reports its revenue by geography, by products and services and by statement business segments. In fiscal 2024, United States was its largest region, bringing in $1.45B (81.7% of the total), followed by Europe at $250.68M (14.2%).
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.
Project was Ameresco's largest revenue line in fiscal 2017, bringing in $506.55M, or 65.1% of the $777.73M total across its six revenue lines.
U.S. Regions was Ameresco's largest segment in fiscal 2017, bringing in $290.20M, or 40.5% of the $717.15M total across its five segments.
Among Ameresco's regions that make up at least 2% of revenue, Europe grew fastest in fiscal 2024, up 67.7% from $149.49M to $250.68M.
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 geography goes back to fiscal 2011, 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.