Ameresco — Third Quarter 2026 Earnings Summary

Ameresco reported third-quarter 2026 revenues of $580.3 million, representing a 10% increase from the prior year, driven by growth across its Projects, Energy Assets, and O&M business lines. The company achieved a record total project backlog of $7.2 billion, supported by $875 million in new project awards and $737 million converted from awarded to contracted status. Net income attributable to common shareholders reached $31.9 million, while adjusted EBITDA rose 24% to $91.7 million following the adoption of new joint venture accounting methodologies. Ameresco updated its full-year 2026 guidance to reflect these accounting changes, projecting revenue between $2.13 billion and $2.15 billion and non-GAAP EPS between $1.85 and $1.95.