Algonquin Power & Utilities Corp. income statement

In fiscal 2025, Algonquin Power & Utilities Corp. reported revenue of $2.43bn, up 4.9% on the year before, operating income of $505m (a 20.7% margin) and net income of $181m, or $0.22 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Algonquin Power & Utilities Corp.: income statement, annual
Fiscal year	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	1,522	1,648	1,626	1,677	2,274	2,765	2,404	2,320	2,434
Cost of revenue	450	472	472	520	—	—	—	—	—
Gross profit	1,072	1,176	1,154	1,157	—	—	—	—	—
General and administrative	50	53	57	63	67	80	90	—	—
Operating income	377	378	367	384	413	402	467	446	505
Interest expense	156	152	181	182	210	279	308	364	283
Income before tax	175	132	555	792	142	−370	−62	177	211
Income tax	73	53	70	65	−43	−62	−37	187	65
Net income	149	185	531	782	265	−212	29	−1,381	181
Diluted EPS	$0.37	$0.38	$1.04	$1.37	$0.41	−$0.33	$0.03	−$1.90	$0.22
Diluted shares (average)	386m	466m	505m	564m	629m	678m	691m	734m	772m
EBITDA	629	639	651	698	816	858	821	842	905

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Algonquin Power & Utilities Corp.'s SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Algonquin Power & Utilities Corp.