Ameresco Inc (NYSE:AMRC) reported financial results for the second quarter of 2026 after the close on Monday. Here’s a rundown of the report.
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Ameresco Q2 Highlights
Ameresco reported second-quarter revenue of $515.46 million, beating analyst estimates of $462.95 million, according to Benzinga Pro. The energy infrastructure solutions provider reported adjusted earnings of 20 cents per share, beating estimates of 16 cents per share.
Total revenue increased 9% year-over-year and the company’s backlog grew 32% year-over-year to a record $6.73 billion. Ameresco noted that it experienced “tremendous momentum” in its Power Infrastructure segment, which grew 65%. During the quarter, the company received $1.8 billion of new awards, including $1.2 billion for data centers.
“The second quarter represented an important inflection point for Ameresco as our history of successful large-scale integrated power solution deployments made us a trusted partner for many high-profile customers in the data center industry. We are experts in behind the meter solutions, and those solutions are now becoming the go-to path for many data center projects which do not have access to grid power,” said George Sakellaris, CEO of Ameresco.
Ameresco reaffirmed its full-year 2026 revenue guidance of $2 billion to $2.2 billion versus estimates of $2.11 billion. The company raised its full-year 2026 adjusted earnings outlook from a range of $1.06 to $1.28 per share to a new range of $1.15 to $1.35 per share versus estimates of $1.05 per share.
Ameresco executives are currently discussing the quarter on an earnings call that kicked off at 4:30 p.m. ET.
AMRC Shares Soar After The Bell
AMRC Price Action: Ameresco shares were up 29.84% in after-hours Monday, trading at $29.50 at the time of publication, according to Benzinga Pro.
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