Algonquin Power & Utilities Corp. (AQN) — Financial statements
Income statement, balance sheet, and cash flow for Algonquin Power & Utilities Corp. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 2,434↑4.9% | 2,320↓3.5% | 2,404↓13.1% | 2,765↑21.6% | 2,274 | |
| Cost of Revenue | 640↑7.7% | 594↓20.1% | 744↓14.2% | 866↑21.4% | 714 | |
| Gross Profit | 1,794↑4.0% | 1,725↑3.9% | 1,660↓12.5% | 1,899↑21.7% | 1,560 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00 | 0.00↓100.0% | 90↑12.6% | 80↑20.2% | 67 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 0.00 | 0.00↓100.0% | 90↑12.6% | 80↑20.2% | 67 | |
| Other Expenses | 1,271↓0.7% | 1,279↑16.0% | 1,103↓22.1% | 1,416↑31.1% | 1,080 | |
| Operating Expenses | 1,271↓0.7% | 1,279↑7.2% | 1,193↓20.3% | 1,497↑30.5% | 1,147 | |
| Total Costs & Expenses | 1,911↑2.0% | 1,873↓3.3% | 1,937↓18.0% | 2,363↑27.0% | 1,861 | |
| Operating Results | ||||||
| Operating Income | 523↑17.3% | 446↓4.5% | 467↑16.2% | 402↓2.7% | 413 | |
| Depreciation & Amortization | 400↓16.0% | 477↑2.1% | 467↑2.5% | 456↑13.0% | 403 | |
| EBITDA | 927↓11.1% | 1,043↑42.3% | 733↑93.1% | 380↓50.9% | 773 | |
| EBIT | 527↓7.0% | 567↑113.0% | 266↑450.3% | -76↓120.5% | 370 | |
| Interest & Other Income | ||||||
| Net Interest Income | -271↑20.6% | -341↓14.0% | -299↓10.4% | -271↓43.7% | -189 | |
| Interest Income | 45↑808.8% | 5↓82.9% | 29↑27.9% | 22↓42.3% | 39 | |
| Interest Expense | 316↓8.8% | 346↑5.5% | 328↑11.7% | 294↑29.0% | 228 | |
| Non-Operating Income | -4↑97.0% | -120↓159.8% | 201↓57.9% | 478↑1006.3% | 43 | |
| Other Income / Expenses | -312↓16.1% | -269↑49.2% | -529↑31.4% | -772↓184.9% | -271 | |
| Income Before Tax | 211↑19.1% | 177↑385.2% | -62↑83.2% | -370↓359.9% | 142 | |
| Income Tax Expense | 65↓65.2% | 187↑604.1% | -37↑39.8% | -62↓41.7% | -43 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 146↑1618.1% | -10↑61.6% | -25↑91.9% | -308↓266.0% | 186 | |
| Net Income from Discontinued Operations | -38↑97.5% | -1,506↓18169.0% | -8 | 0.00 | 0.00 | |
| Net Income | 181↑113.1% | -1,381↓4914.5% | 29↑113.5% | -212↓180.0% | 265 | |
| Bottom-Line Net Income | 170↑112.2% | -1,391↓6946.2% | 20↑109.2% | -221↓186.3% | 256 | |
| EPS (Basic) | 0.23↑112.7% | -1.81↓6133.3% | 0.03↑106.1% | -0.49↓219.5% | 0.41 | |
| EPS (Diluted) | 0.23↑112.7% | -1.81↓6133.3% | 0.03↑106.1% | -0.49↓219.5% | 0.41 | |
| Weighted Average Shares | 768↑5.0% | 732↑6.2% | 689↑9.5% | 629↑1.1% | 622 | |
| Weighted Average Diluted Shares | 772↑5.6% | 732↑5.9% | 691↑9.8% | 629↑0.0% | 629 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.