Algonquin Earnings Reports

In Q2 2025, Algonquin Power & Utilities Corp. generated $527.8 million in revenue, $17.4 million in net earnings, and $36.2 million in adjusted net earnings, with EPS of $0.04. The Regulated Services Group contributed $47.1 million in net earnings, while the Hydro Group added $9.1 million. The Corporate Group posted a loss of $38.8 million. The company reaffirmed its financial outlook for 2025–2027, targeting adjusted net earnings per share of $0.30–$0.32 for 2025.

Algonquin Power & Utilities Corp. reported Q4 2024 revenue of $584.8 million, a slight 1% decline year-over-year. Adjusted net earnings decreased by 44% to $45.2 million, with adjusted EPS dropping 50% to $0.06. The company continued its transition towards a regulated utility business, completing the sale of its renewables business and Atlantica stake, which strengthened its balance sheet but weighed on short-term profitability.