10q10k10q10k.net
ALGONQUIN POWER & UTILITIES CORP.

ALGONQUIN POWER & UTILITIES CORP.AQNEarnings & Financial Report

NYSE · Utilities · Electric Services

Algonquin Power & Utilities Corp. is a Canadian regulated utility company with assets across North America, Bermuda, and Chile. Algonquin provides water, wastewater, natural gas, and electricity services through its operating subsidiaries: Liberty Utilities, its regulated utility business; Bermuda Electric Light Company, and Suralis in Chile.

Q2 2025Q2 2024Q2 2023Q2 2022

AQN Q2 FY2025 Key Financial Metrics

Revenue

$527.8M

Gross Profit

$194.0M

Operating Profit

$64.8M

Net Profit

$24.1M

Gross Margin

36.8%

Operating Margin

12.3%

Net Margin

4.6%

YoY Growth

-11.8%

EPS

$0.02

ALGONQUIN POWER & UTILITIES CORP. Q2 FY2025 Financial Summary

ALGONQUIN POWER & UTILITIES CORP. reported revenue of $527.8M (down 11.8% YoY) for Q2 FY2025, with a net profit of $24.1M (down 88.0% YoY) (4.6% margin). Cost of goods sold was $333.8M, operating expenses totaled $129.2M.

Key Financial Metrics

Total Revenue$527.8M
Net Profit$24.1M
Gross Margin36.8%
Operating Margin12.3%
Report PeriodQ2 FY2025

ALGONQUIN POWER & UTILITIES CORP. Quarterly Revenue & Net Profit History

ALGONQUIN POWER & UTILITIES CORP. results over the last 4 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q2 FY2025$527.8M-11.8%$24.1M4.6%
Q2 FY2024$598.6M-4.7%$200.8M33.5%
Q2 FY2023$627.9M+1.4%$-253.2M-40.3%
Q2 FY2022$619.4M+17.4%$-33.4M-5.4%

Income Statement

Q2 2022Q2 2023Q2 2024Q2 2025
Revenue$619.4M$627.9M$598.6M$527.8M
YoY Growth17.4%1.4%-4.7%-11.8%

Balance Sheet

Q2 2022Q2 2023Q2 2024Q2 2025
Assets$3.27B$3.30B$3.08B$3.57B
Liabilities$10.39B$-1.88B$-3.10B$-1.12B
Equity$5.61B$5.19B$6.18B$4.68B

Cash Flow

Q2 2022Q2 2023Q2 2024Q2 2025
Operating CF$135.3M$261.4M$236.2M$249.9M