Ameresco Reports Strong Q3 2026 Growth with $7.2 Billion Total Project Backlog
Ameresco (AMRC) reported robust third-quarter 2026 financial results, highlighted by a 10% increase in total revenue to $580.3 million. The company saw significant momentum in its project pipeline, with the total project backlog reaching $7.2 billion—a 39% year-over-year increase. This growth was fueled by strong demand for energy efficiency and infrastructure solutions within federal and European markets. Profitability metrics showed improvement, with non-GAAP EPS reaching $0.88 due to the full consolidation of joint venture operating results. The company also reported a substantial expansion in its awarded project backlog, which rose over 70% year-over-year to $4.56 billion. Looking ahead, Ameresco maintained its full-year 2026 revenue guidance between $2.13 billion and $2.15 billion, supported by high contract conversion rates and expanding energy asset revenues.