Ameresco Reports Q2 Revenue of $515.5M, Shares Rise 20% Amid Data Center Growth
Ameresco Inc. exceeded revenue expectations in Q2 2026, reporting $515.5 million, which led to a 20% increase in shares. The company raised its adjusted EPS guidance for the year, reflecting strong demand for data center projects.
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Ameresco Inc. reported Q2 2026 results with revenue of $515.5 million, surpassing analyst estimates of $467.41 million. The company achieved adjusted EPS of $0.20, aligning with expectations, and raised its full-year EPS guidance to a range of $1.15 to $1.35.
Record project awards totaled $1.8 billion, with data center projects accounting for $1.2 billion. The backlog increased 32% YoY to $6.73 billion, with total awarded backlog rising 65% to $4.4 billion.
Revenue from Energy Assets grew 21% to $75.9 million, while O&M revenue jumped 29%. The demand for integrated energy solutions in data centers may drive further growth in the sector.
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