AMRC at a glance
Ameresco, Inc. (AMRC, SEC CIK 1488139) filed its latest 10-K annual report on March 3, 2026, a 10-Q quarterly report on August 4, 2026, an 8-K current report on September 10, 2026 and Form 4 insider filings as recently as September 17, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2024 (FY2024), Ameresco, Inc. (AMRC) reported revenue of $1.8 billion (up 28.8% from FY2023) and net income of $56.8 million. Diluted EPS was $1.07.
- As of June 30, 2026, 24 institutional investment managers tracked by SignalX reported holding Ameresco, Inc. (AMRC) shares worth $355.6 million in 13F-HR filings.
- The most recent insider open-market sale reported on Form 4 was by Maltezos Louis P on September 15, 2026 of 592 shares at $22.46 per share.
- In the last 90 days, AMRC insiders reported 13 open-market purchases ($1.9M) and 2 open-market sales ($24K) on Form 4, a net purchase of $1.9M.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2024
- $1.8B
- +28.8% vs prior year
- Insiders · 90 days
- 13 buys · 2 sells
- Net +$1.9M
- 13F holders
- 24 funds
- $355.6M · −1 vs prior quarter
- Latest 8-K
- Sep 10, 2026
- Item 5.02
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Business Overview
- Core business: Energy infrastructure solutions focused on energy efficiency, renewable energy plant development, and distributed energy resource operation
- New emphasis on Solar Modular Reactors (“SMR”) added to renewable energy generation portfolio
- Strategic growth via strategic acquisitions and joint ventures to broaden service offerings and expand geographic reach
- Employee count over 1,600 energy and business professionals across approximately 60 North America and Europe offices
- Project financing raised $7.0 billion with $18.1 billion in energy solutions delivered cumulatively since inception
Risk Factors
- Regulatory risk from OBBB Act affecting solar ITC Section 48 eligibility with construction deadline July 4, 2026, and energy storage ITC phase-out by 2036
- Geopolitical exposure to tariffs, Uyghur Forced Labor Protection Act, and U.S.-China tensions causing supply chain cost inflation and delays in electrical and BESS components
- Operational risk from Southern California Edison contract with $89M potential liquidated damages due to project delays and disputed force majeure claims
- Market disruption risk from growing demand increasing competition and complexity of larger projects amid rising utility rates and grid instability
- Financial risk from interest expense rising 25.3% YoY to $87.9M, pressuring operating income margin which expanded only to 6.4% from 6.1%
Management Discussion & Analysis
- Revenue $1.93B, up 9.2% YoY (+$162.2M) led by Europe project revenue growth of $278.4M (111.1%)
- Operating income increase led by North America Regions ($72.7M, +77.8%), Europe income +$24.6M (+3170.9%), U.S. Federal declined 18.4%
- Gross profit margin improved due to favorable mix of higher-margin projects but exact % not stated
- Net income EPS $0.83 diluted, down $0.24 from 2024; net income decrease attributed to higher non-controlling interests
- Operating cash flow negative $80.4M vs positive $117.6M prior year; investing cash outflows $256M; financing inflows $323.1M including $552.6M energy asset debt, net repayments of $417.5M
- Capital investments $355M in 2025; planned $300-350M in 2026; additional financings $250-300M planned in 2026 to fund renewable energy projects
- Key risks: inflationary pressures, supply chain challenges, political unrest impacting liquidity and capital deployment; management adopting prudent capital commitments
AI summary of the AMRC 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Risk Factors
- No risk-factors section provided; submitted text contains Items 2, 5, and 6 only
- Director trading risk: Jennifer Miller adopted a Rule 10b5-1 sale plan for 50,000 shares through May 31, 2027
- Transaction risk: May 2026 Neogenyx Fuels equity contribution and purchase agreement introduced a new joint-venture arrangement
- Capital allocation risk: $5.7 million remained available under the stock repurchase authorization as of June 30, 2026
AI summary of the AMRC 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 5.02: Departure/Appointment of Directors or Principal Officers
- CFO Mark Chiplock’s resignation takes effect September 25, 2026, creating near-term finance leadership uncertainty
- Julie Bradshaw designated interim principal financial officer during the CFO search
Item 5.02: Departure/Appointment of Directors or Principal Officers
- Mark A. Chiplock resigning as Executive Vice President, CFO and Chief Accounting Officer effective September 25, 2026
- Departure attributed to other professional opportunities, not disagreements over operations, policies or practices
Item EX-99.1: Item EX-99.1
- CFO Mark Chiplock resigns effective September 25, 2026, to join a private equity-owned company in another industry
- Chiplock remains CFO through September 25, supporting an orderly transition
Item 5.02: Departure/Appointment of Directors or Principal Officers
- David J. Corrsin resigned as Class II director and Executive Vice President, General Counsel, effective August 17, 2026
- Continued service as Special Legal Advisor preserves access to his legal and governance experience
AI summaries of AMRC 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for AMRC
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Maltezos Louis P | Sell | Sep 15, 2026 | 592 | $22.46 |
| Chiplock Mark | Sell | Sep 15, 2026 | 476 | $22.46 |
| Chiplock Mark | M | Sep 10, 2026 | 1,625 | - |
| Maltezos Louis P | M | Sep 10, 2026 | 2,125 | - |
| Christakis Peter | M | Sep 10, 2026 | 1,750 | - |
| Chiplock Mark | M | Sep 10, 2026 | 1,625 | - |
| Christakis Peter | M | Sep 10, 2026 | 1,750 | - |
| Bulgarino Nicole E | M | Sep 10, 2026 | 1,875 | - |
Financial SummaryXBRL
| Metric | FY2022 | FY2023 | FY2024 |
|---|---|---|---|
| Profitability | |||
| Revenue | - | $1.4B | $1.8B |
| Gross Profit | - | $246.4M | $256.1M |
| Operating Income | - | $82.2M | $108.7M |
| Net Income | - | $62.5M | $56.8M |
| Gross Margin | - | 17.9% | 14.5% |
| Op. Margin | - | 6.0% | 6.1% |
| Net Margin | - | 4.5% | 3.2% |
| Balance Sheet | |||
| Total Assets | $2.9B | $3.7B | $4.2B |
| Equity | $824.0M | $902.0M | $1.0B |
| ROE | - | 6.9% | 5.6% |
| Per Share | |||
| EPS | - | $1.17 | $1.07 |
| Cash Flow | |||
| Operating CF | - | -$70.0M | $117.6M |
| CapEx | - | $5.7M | $4.3M |
Source: XBRL data in Ameresco, Inc. (AMRC)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate AMRC share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 24 | $355.6M |
| Q1 2026 | 25 | $285.6M |
| Q4 2025 | 24 | $318.4M |
| Q3 2025 | 24 | $360.5M |
| Q2 2025 | 22 | $160.2M |
| Q1 2025 | 19 | $99.3M |
| Q4 2024 | 14 | $159.0M |
| Q3 2024 | 12 | $132.3M |
- Millennium Management+1.23M (+489%)
- State Street Corp+271.6K (+20%)
- BlackRock+194.8K (+8%)
- Dimensional Fund Advisors+161.7K (+11%)
- Vanguard Capital Management LLC+71.9K (+5%)
- Citadel Advisors LLC−147.7K (-69%)
- Goldman Sachs Group−134.8K (-52%)
- Bank of America Corp−30.4K (-24%)
- JPMorgan Chase & Co−25.5K (-45%)
- Morgan Stanley−22.6K (-3%)
- Two Sigma Investments−26.9K
Source: 13F-HR filings on SEC EDGAR (aggregated from 164 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
AMRC filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | Sep 17, 2026 | - | - | - |
| 4 | Sep 17, 2026 | - | - | - |
| 4 | Sep 14, 2026 | - | - | - |
| 4 | Sep 14, 2026 | - | - | - |
| 4 | Sep 14, 2026 | - | - | - |
| 4 | Sep 14, 2026 | - | - | - |
| 4 | Sep 14, 2026 | - | - | - |
| 8-K | Sep 10, 2026 | - | Analysis | - |
| 4 | Sep 1, 2026 | - | - | - |
| SC 13G | Aug 27, 2026 | - | - | |
| 4 | Aug 27, 2026 | - | - | - |
| 4 | Aug 26, 2026 | - | - | - |
| 4 | Aug 26, 2026 | - | - | - |
| 4 | Aug 26, 2026 | - | - | - |
| 4 | Aug 25, 2026 | - | - | - |
| 8-K | Aug 19, 2026 | - | Analysis | - |
| 4 | Aug 19, 2026 | - | - | - |
| 8-K | Aug 19, 2026 | - | Analysis | - |
| 4 | Aug 11, 2026 | - | - | - |
| 4 | Aug 11, 2026 | - | - | - |
| 10-Q | Aug 4, 2026 | Jun 30, 2026 | Analysis | |
| 4 | Aug 4, 2026 | - | - | - |
| 8-K | Aug 3, 2026 | - | Analysis | - |
| 8-K | Jul 27, 2026 | - | Analysis | - |
| SC 13G | Jul 22, 2026 | - | - |
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AMRC SEC filings: frequently asked questions
Are AMRC insiders buying or selling?
In the last 90 days, Ameresco, Inc. (AMRC) officers, directors and 10% owners reported 13 open-market purchases worth $1.9 million by 4 insiders and 2 open-market sales worth $23,987 by 2 insiders on Form 4, a net purchase of $1.9 million. Many insider sales are pre-planned or for taxes, so purchases usually carry more information.
Which institutions hold AMRC stock?
As of June 30, 2026, the largest Ameresco, Inc. (AMRC) holders among the 13F filers tracked by SignalX were BlackRock ($73.2 million), Dimensional Fund Advisors ($44.2 million), State Street Corp ($44.2 million), Millennium Management ($41.0 million), Vanguard Capital Management LLC ($39.5 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was AMRC's revenue in fiscal year 2024?
For the fiscal year ended December 31, 2024 (FY2024), Ameresco, Inc. (AMRC) reported revenue of $1.8 billion (up 28.8% from FY2023) and net income of $56.8 million. Diluted EPS was $1.07. The figures come from the XBRL data in the 10-K.
What are the main risks in AMRC's latest 10-K?
In the 10-K filed March 3, 2026, Ameresco, Inc. (AMRC) flagged: Regulatory risk from OBBB Act affecting solar ITC Section 48 eligibility with construction deadline July 4, 2026, and energy storage ITC phase-out by 2036. Geopolitical exposure to tariffs, Uyghur Forced Labor Protection Act, and U.S.-China tensions causing supply chain cost inflation and delays in electrical and BESS components. (AI summary of the Risk Factors section.)
What did AMRC report in its latest 8-K?
Ameresco, Inc. (AMRC) filed an 8-K on September 10, 2026 reporting Item 5.02 (Departure/Appointment of Directors or Principal Officers). CFO Mark Chiplock’s resignation takes effect September 25, 2026, creating near-term finance leadership uncertainty.
What are the latest AMRC SEC filings?
Ameresco, Inc. (AMRC) filed its latest 10-K annual report on March 3, 2026, a 10-Q quarterly report on August 4, 2026, an 8-K current report on September 10, 2026 and a Form 4 insider filing on September 17, 2026.
What is AMRC's SEC CIK number?
Ameresco, Inc. (AMRC)'s SEC Central Index Key (CIK) is 1488139. EDGAR lists every AMRC filing under that number.
Ask anything about AMRC
The research agent reads AMRC's filings, financials, insider trades and 13F holders, then answers with sources.