Ameresco, Inc. (AMRC) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
Loading revenue history...
AMRC Revenue Growth
Revenue Breakdown (FY 2024)
AMRC's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
AMRC Revenue Analysis (2014–2025)
As of May 8, 2026, Ameresco, Inc. (AMRC) generated trailing twelve-month (TTM) revenue of $1.98 billion, reflecting strong growth of +13.8% year-over-year. The most recent quarter (Q1 2026) recorded $401.5 million in revenue, down 30.9% sequentially.
Looking at the longer-term picture, AMRC's 5-year compound annual growth rate (CAGR) stands at +13.4%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $1.93 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows AMRC's business is primarily driven by Project Revenue (76%), Energy Assets Revenue (12%), and Other Revenue (6%). With over half of revenue concentrated in Project Revenue, the company maintains significant focus in this area while developing other growth vectors.
When compared to Industrials sector peers including TPVG, AEYE (+14.5% YoY), and PESI (-0.9% YoY), AMRC has underperformed the peer group in terms of revenue growth. Compare AMRC vs TPVG →
AMRC Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| AMRCCurrent | $2.0B | +13.8% | +13.4% | 6.5% | |
 TPVG | $97M | - | - | 77.9% | |
 AEYE | $40M | +14.5% | +14.5% | -7.9% | |
 PESI | $62M | -0.9% | -10.2% | -19.0% | |
 MYRG | $3.7B | +13.1% | +10.2% | 4.4% | |
 TTEK | $5.4B | +7.9% | +18.3% | 11.1% |
AMRC Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $1.93B | +9.2% | $304.0M | 15.7% | $125.5M | 6.5% |
| 2024 | $1.77B | +28.8% | $256.1M | 14.5% | $108.7M | 6.1% |
| 2023 | $1.37B | -24.7% | $246.4M | 17.9% | $82.2M | 6.0% |
| 2022 | $1.82B | +50.1% | $290.8M | 15.9% | $133.0M | 7.3% |
| 2021 | $1.22B | +17.8% | $230.4M | 18.9% | $95.4M | 7.9% |
| 2020 | $1.03B | +19.1% | $187.5M | 18.2% | $71.5M | 6.9% |
| 2019 | $866.9M | +10.1% | $168.1M | 19.4% | $51.6M | 6.0% |
| 2018 | $787.1M | +9.8% | $173.6M | 22.1% | $59.1M | 7.5% |
| 2017 | $717.2M | +10.1% | $144.2M | 20.1% | $36.6M | 5.1% |
| 2016 | $651.2M | +3.2% | $134.3M | 20.6% | $23.8M | 3.7% |
See AMRC's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs AMRC Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare AMRC vs SPIR
Side-by-side business, growth, and profitability comparison vs Spire Global, Inc..
Start ComparisonAMRC — Frequently Asked Questions
Quick answers to the most common questions about buying AMRC stock.
Is AMRC's revenue growth accelerating or slowing?
AMRC maintains +13.8% revenue growth, in line with its 5-year CAGR of +13.4%. TTM revenue stands at $2.0B. Growth rate remains consistent with historical average.
What is AMRC's long-term revenue growth rate?
Ameresco, Inc.'s 5-year revenue CAGR of +13.4% reflects the sustained expansion pattern. Current YoY growth of +13.8% is near this long-term average.
How is AMRC's revenue distributed by segment?
AMRC reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.