Algonquin Power & Utilities Corp.
Algonquin Power & Utilities Corp. (AQN) Financial Performance & Income Statement Overview
View comprehensive annual and quarterly summaries for Algonquin Power & Utilities Corp. (AQN), featuring income statements, balance sheets, and cash flow data.
Algonquin Power & Utilities Corp. (AQN) Income Statement & Financial Overview
Analyze Algonquin Power & Utilities Corp.’s AQN earnings with segmented quarterly and yearly financial statement figures.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $692.40M | $584.83M | $573.20M | $598.63M |
| Cost of Revenue | $205.00M | $166.40M | $121.00M | $109.63M |
| Gross Profit | $487.40M | $418.43M | $452.20M | $489.001M |
| Gross Profit Ratio | $0.70 | $0.72 | $0.79 | $0.82 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $0.00 | $0.00 | $0.00 | $3.98M |
| Operating Expenses | $308.50M | $312.54M | $341.13M | $141.20M |
| Total Costs & Expenses | $513.50M | $478.94M | $462.12M | $516.69M |
| Interest Income | $6.00M | $6.68M | $8.75M | $33.23M |
| Interest Expense | $77.80M | $95.77M | $99.41M | $110.20M |
| Depreciation & Amortization | $95.30M | $99.62M | $110.61M | $136.91M |
| EBITDA | $270.40M | $221.66M | $249.77M | $219.16M |
| EBITDA Ratio | $0.39 | $0.38 | $0.44 | $0.37 |
| Operating Income | $178.90M | $105.89M | $111.08M | $81.94M |
| Operating Income Ratio | $0.26 | $0.18 | $0.19 | $0.14 |
| Other Income/Expenses (Net) | -$81.60M | -$79.62M | -$71.32M | $71.88M |
| Income Before Tax | $97.30M | $26.27M | $39.76M | $153.81M |
| Income Before Tax Ratio | $0.14 | $0.04 | $0.07 | $0.26 |
| Income Tax Expense | $19.80M | $153.52M | $6.36M | -$5.23M |
| Net Income | $96.80M | -$186.44M | -$1.31B | $200.77M |
| Net Income Ratio | $0.14 | -$0.32 | -$2.28 | $0.34 |
| EPS | $0.12 | -$0.26 | -$1.82 | $0.28 |
| Diluted EPS | $0.12 | -$0.27 | -$1.86 | $0.28 |
| Weighted Avg Shares Outstanding | $767.67M | $703.95M | $703.95M | $703.95M |
| Weighted Avg Shares Outstanding (Diluted) | $770.62M | $703.95M | $703.95M | $703.95M |
Financial performance has remained strong, with revenue growing from $598.63M in Q2 2024 to $692.40M in Q1 2025. Gross profit continued to perform well, with margins at 70% in the latest quarter. Operating income reached $178.90M in Q1 2025, holding a steady 26% margin. While R&D and SG&A expenses fluctuated, EBITDA remained robust at $270.40M. Net income rose to $96.80M, keeping EPS at $0.12. With disciplined cost control and operational efficiency, the company supported consistent profitability, reflecting its ability to deliver stable shareholder value.
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