Algonquin Power & Utilities Corp (AQN)

NYSE: AQN · Electric Services · Oakville, ON · filing with the SEC since 2002

Grade4.3

◀ Past 5.7● Present 3.7▶ Future 4.2

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Mar 6, 2026	Mar 7, 2025	Mar 8, 2024	Mar 17, 2023	Mar 4, 2022	Mar 5, 2021	Feb 28, 2020	Feb 28, 2019	Mar 8, 2018	Mar 10, 2017
Revenue	2,433,600	2,319,500^r	2,403,924^r	2,765,013^r	2,274,142^r	1,676,991^r	1,626,392^r	1,648,463^r	1,521,938	·
Cost of revenue	·	·	·	·	·	520,452	471,989	472,466	450,231	·
General and administrative	·	·	90,359	80,232	66,726	63,122^r	56,802	52,710	49,640	·
Total costs and expenses	1,928,900	1,873,400^r	1,936,637^r	2,426,996^r	1,890,103^r	1,292,965	1,259,545	1,270,028	1,144,733	·
Operating income	504,700	446,100^r	467,287^r	402,045	413,102^r	384,026^r	366,847^r	378,435^r	377,205	·
Interest expense	282,500	363,600^r	308,440^r	278,574	209,554	181,934	181,488	152,118	155,822	·
Interest and investment income	22,000	27,500	·	·	·	·	·	53,139	9,238	·
Share of profit of equity-method investments	5,000	4,300^r	-1,919^r	-21,416	-26,337	209	-9,108	-3,082^r	2,742	·
Other income (expense), net	-52,600	-27,000	·	·	·	·	·	·	·	·
Total non-operating income (expense)	-293,700	-268,900^r	-529,402	-771,713	-270,870	408,318	188,220^r	-245,974^r	-202,073	·
Income before income taxes	211,000	177,200^r	-62,115^r	-369,668	142,232	792,411	555,067	132,461	175,132	·
Income tax expense	65,000	186,800^r	-37,055^r	-61,513	-43,425	64,583	70,117	53,372	73,427	·
Income from continuing operations	108,300	-1,515,900^r	-33,305	-308,155	185,657	727,828	484,950	79,089	101,705	·
Income from discontinued operations	-37,700	-1,506,300^r	-8,245	·	·	·	·	·	·	·
Net income including non-controlling interests	108,300	-1,515,900^r	-33,305	-308,155	185,657	727,828	484,950	79,089	101,705	·
Net income to non-controlling interests	·	-74,920	-36,539^r	-111,323	-89,637	-67,286	-62,416	-108,521	-47,770	·
Net income	180,800	-1,380,500^r	28,674	-211,989	264,859	782,463	530,884	184,988	149,475	·
Preferred dividends	10,500	10,500^r	8,356	8,720	9,003	8,401	8,486	8,027	8,020	·
Net income to common shareholders	170,300	-1,391,000^r	20,318	-220,709	255,856	·	·	·	·	·
Earnings per share, basic	0.22	-1.90	0.03	-0.33	0.41	1.38	1.05	0.38	·	·
Earnings per share, diluted	0.22	-1.90	0.03	-0.33	0.41	1.37	1.04	0.38	·	·
Earnings per share, basic and diluted	·	·	·	·	·	·	·	0.38	0.37	·
Weighted average shares, basic	768,098,435	731,721,239	688,738,717	677,862,207	622,347,677	559,633,275	499,910,876	461,818,023	382,323,434	271,832,430
Weighted average shares, diluted	772,407,126	734,049,259	690,763,226	677,862,207	628,947,862	564,373,836	504,739,554	466,045,618	385,986,148	274,077,032

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it soldus-gaap:Revenues

Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold

General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense

Total costs and expenses every operating cost, the cost of revenue includedus-gaap:CostsAndExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing costus-gaap:InterestExpense

Interest and investment income what its cash and investments earned

us-gaap:InterestIncomeOther
us-gaap:InvestmentIncomeInterestAndDividend

Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest

Income from discontinued operations profit or loss from businesses it sold or closedus-gaap:IncomeLossFromDiscontinuedOperationsNetOfTax

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Preferred dividends paid to preferred holders before common shareholdersus-gaap:PreferredStockDividendsIncomeStatementImpact

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Earnings per share, basic and diluted net income per share, where both counts are the sameus-gaap:EarningsPerShareBasicAndDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton AQN · research, not advice