Ameresco Inc. (AMRC) Stock Rises on Q4 2025 Earnings

Ameresco Inc. (AMRC) reported fourth-quarter 2025 results with revenue of $581.0 million, topping the estimate of $567.2 million, and diluted earnings per share of $0.34, above the estimate of $0.32.

Revenue: $581.0 million (up 9.1% year-over-year).

Cost of sales: $486.6 million (up 4.4% year-over-year).

Gross profit: $94.4 million (up 41.4% year-over-year).

Operating profit: $39.4 million (up 499.6% year-over-year).

Net income attributable to common shareholders: $18.4 million (down 50.5% year-over-year).

Cash flow and balance sheet highlights:

Operating cash flow was an outflow of $42.9 million (down 333.4% year-over-year).

Purchases of property, plant and equipment: $55.8 million (down 30.2% year-over-year).

Cash and cash equivalents: $71.8 million (down 33.9% year-over-year).

Total liabilities: $3.41 billion (up 9.7% year-over-year).

The quarter showed a strong improvement in operating profit while net income and operating cash flow declined sharply. Shares moved modestly, rising 1.56% since market close.

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

Ameresco Inc. Insider Trading Activity

Ameresco Inc. insiders have traded $AMRC stock on the open market 16 times in the past 6 months. Of those trades, 0 have been purchases and 16 have been sales.

Here’s a breakdown of recent trading of $AMRC stock by insiders over the last 6 months:

MARK CHIPLOCK (EVP, CFO & CAO) has made 0 purchases and 9 sales selling 45,370 shares for an estimated $1,835,095.
NICKOLAS STAVROPOULOS has made 0 purchases and 5 sales selling 16,645 shares for an estimated $568,297.
DAVID J CORRSIN (EVP and General Counsel) has made 0 purchases and 2 sales selling 38 shares for an estimated $1,045.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

Ameresco Inc. Hedge Fund Activity

We have seen 86 institutional investors add shares of Ameresco Inc. stock to their portfolio, and 105 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

FIRST TRUST ADVISORS LP added 889,820 shares (+503.4%) to their portfolio in Q4 2025, for an estimated $26,062,827
GRANTHAM, MAYO, VAN OTTERLOO & CO. LLC removed 879,601 shares (-27.5%) from their portfolio in Q4 2025, for an estimated $25,763,513
WELLINGTON MANAGEMENT GROUP LLP removed 834,252 shares (-17.6%) from their portfolio in Q4 2025, for an estimated $24,435,241
AMERICAN CENTURY COMPANIES INC added 294,939 shares (+294.2%) to their portfolio in Q4 2025, for an estimated $8,638,763
DRIEHAUS CAPITAL MANAGEMENT LLC added 289,959 shares (+135.1%) to their portfolio in Q4 2025, for an estimated $8,492,899
ROYAL BANK OF CANADA removed 285,777 shares (-32.3%) from their portfolio in Q4 2025, for an estimated $8,370,408
SWEDBANK AB added 254,000 shares (+219.0%) to their portfolio in Q4 2025, for an estimated $7,439,660

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

Ameresco Inc. Government Contracts

We have seen $333,292,305 of award payments to $AMRC over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

ENERGY SAVINGS PERFORMANCE CONTRACT, NATIONAL DEEP ENERGY RETROFIT PROGRAM ROUND 7, REGION 5 FOR IMPLEMENTA...: $154,085,019
IMPLEMENTATION OF A DETAILED FEASIBILITY STUDY AT NAVAL RESEARCH LABORATORY: $48,000,000
IGF::OT::IGF ENERGY SAVINGS PERFORMANCE CONTRACT. INVOLVES THE INSTALLATION AND LONG TERM MEASUREMENT&VERI...: $34,872,022
VETERANS INTEGRATED SERVICE NETWORK (VISN) 7 ENERGY SAVINGS PERFORMANCE CONTRACT (ESPC): $22,724,003
IGF::OT::IGF PERFORMANCE PERIOD SERVICES: $7,994,494

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard.

Ameresco Inc. Analyst Ratings

Wall Street analysts have issued reports on $AMRC in the last several months. We have seen 4 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Stifel issued a "Buy" rating on 11/14/2025
Roth Capital issued a "Buy" rating on 11/03/2025
B. Riley Securities issued a "Buy" rating on 10/31/2025
Jefferies issued a "Buy" rating on 09/25/2025

To track analyst ratings and price targets for Ameresco Inc., check out Quiver Quantitative's $AMRC forecast page.

Ameresco Inc. Price Targets

Multiple analysts have issued price targets for $AMRC recently. We have seen 5 analysts offer price targets for $AMRC in the last 6 months, with a median target of $40.0.

Here are some recent targets:

Jon Windham from UBS set a target price of $40.0 on 12/03/2025
Stephen Gengaro from Stifel set a target price of $37.0 on 11/14/2025
Craig Irwin from Roth Capital set a target price of $45.0 on 11/03/2025
Christopher Souther from B. Riley Securities set a target price of $45.0 on 10/31/2025
Julien Dumoulin-Smith from Jefferies set a target price of $39.0 on 09/25/2025