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Ameresco AMRC U.S. Federal — Cost of revenues

Other segment segments

North America Regions
$137.72M-11.3%
Europe
$115.44M+31.4%
Renewable Fuels
$33.93M+13.6%
All Other
$9.46M-7.2%

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MMSU.S. Services — Cost of revenue (as a percent)
75.8%+1.1pp

Other financials

Income statement

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Revenue$401.5M+13.8%
Gross profit$56.5M+8.8%
Operating income$10.2M-25.2%
Net income-$18.3M-233%
EPS (diluted)-$0.35-250%

Balance sheet

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Cash & equivalents$252.5M+51.4%
Total debt$2.1B+14.7%
Total equity$1.1B+5.2%
Total assets$4.6B+11.3%

Cash flow

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Operating cash flow$35.4M+225%
CapEx$542.0K+28.4%
Free cash flow$34.9M+221%

Valuation

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Market cap$1.47B+85.8%
Enterprise value$3.28B+35.4%
P/E192.1×-62.5×
P/S0.8×-0.2×

Profitability

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Gross margin14.7%-1.0pp
Operating margin6.8%+1.0pp
Net margin3.3%+0.2pp
FCF margin-0.8%-3.0pp

Returns & leverage

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Return on equity6.3%+0.4pp
Debt / equity1.9×+0.2×
Current ratio1.5×-0.1×

Where this comes from

Reported directly by Ameresco in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The official record: Ameresco’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ameresco's U.S. federal — cost of revenues?
Ameresco (AMRC) reported U.S. federal — cost of revenues of $48.44M in Q1 2026.
How has Ameresco's U.S. federal — cost of revenues changed year-over-year?
Ameresco's U.S. federal — cost of revenues increased by 172.1% year-over-year, from $17.8M to $48.44M.
What is the long-term trend for Ameresco's U.S. federal — cost of revenues?
Over 2 years (2022 to 2024), Ameresco's U.S. federal — cost of revenues has grown at a -2.5% compound annual growth rate (CAGR), from $329.53M to $313.41M.
What does U.S. federal — cost of revenues mean?
Includes all direct costs associated with delivering energy efficiency projects and services to federal clients, such as labor, materials, and subcontracting. Monitoring this metric is essential for assessing the direct cost efficiency of federal contract execution.