Algonquin Power & Utilities Corp. revenue

Algonquin Power & Utilities Corp.'s revenue was $2.43bn in fiscal 2025, up 4.9% on the year before. Since fiscal 2017 ($1.52bn) it has grown at a compound 6.0% a year.

Revenue history

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

Algonquin Power & Utilities Corp.: revenue history, 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
Growth on the year before	—	+8.3%	−1.3%	+3.1%	+35.6%	+21.6%	−13.1%	−3.5%	+4.9%
Gross profit	1,072	1,176	1,154	1,157	—	—	—	—	—
Gross margin	70.4%	71.3%	71.0%	69.0%	—	—	—	—	—

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Revenue against peers

Electric Utilities: the closest covered companies by revenue. Last twelve months.

Company	Revenue	Growth	3-year growth a year
Algonquin Power & Utilities Corp.	$2.43bn	4.9%	—
Txnm Energy Inc	$2.32bn	10.0%	3.3%
Hawaiian Electric Industries Inc	$3.28bn	5.1%	-0.9%
OGE Energy Corp.	$3.37bn	2.4%	6.2%
Portland General Electric Co	$3.55bn	1.2%	7.2%
Alliant Energy	$4.43bn	6.8%	1.9%

Compare with peers

Head to head: AQN vs TXNM AQN vs HE AQN vs OGE

More: Electric Utilities stocks compared, Utilities sector, rankings of US companies

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.