Ameresco Q3 Revenue Rises 10% to $580.3 Million; Backlog Reaches Record $7.2 Billion
Ameresco reported Q3 2026 revenue of $580.3M, up 10% YoY, with net income of $31.9M. Adjusted EBITDA rose 24% to $91.7M, and non-GAAP EPS was $0.88. The company's backlog reached a record $7.2B. Revenue grew across all segments, with new project awards totaling $875M. Ameresco updated its full-year guidance due to accounting changes.
How this was made
The 30-second read
Why it matters
The earnings beat and record backlog could attract short‑term buying, but investors should watch guidance and contract execution.
Market read
Fresh earnings data for a mid‑cap clean‑energy services company, offering a trading opportunity based on revenue beat and backlog growth.
What to watch
Potential margin pressure from higher O&M costs or execution risk on large federal contracts.
Background
Ameresco is a U.S. provider of energy efficiency and renewable energy solutions. The Q3 filing updates its financial performance and backlog.
Ticker impact
Ameresco reported Q3 2026 revenue up 10% to $580.3M and record backlog, providing fresh earnings data.
likely modest upside as market prices in stronger revenue and backlog guidance
The company posted higher revenue, adjusted EBITDA up 24% and a record backlog, which typically supports a bullish reaction.
Market effects
Improves outlook for the renewable energy services sector as Ameresco's backlog signals continued demand.
Positive for U.S. clean‑energy infrastructure investors.
Limited to investors tracking U.S. energy‑service firms.
Counterpoint
If the market has already priced in the backlog, the earnings may not move the stock significantly.
Key entities
- companyAmeresco, Inc.
U.S. energy‑services firm reporting Q3 results.
