Algonquin Power & Utilities Corp. revenue by segment AQNB

Annual Quarterly

Algonquin Power & Utilities Corp. splits its revenue into 5 lines in its filings. The largest line in fiscal 2025, which ended Dec 31, 2025 was Regulated Electricity at $1.3 billion, 53% of the total.

USD in millions. The percent under a figure is the change from the year before.

Line
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
FY 2020
Dec 31, 2020
FY 2019
Dec 31, 2019
FY 2018
Dec 31, 2018
Revenue
2,434
2,320
2,404
2,765
2,274
1,677
1,626
1,648
Regulated Electricity
1,293
+1.3%
share 53.1%
1,276
-1.5%
share 55.0%
1,295
+1.3%
share 53.9%
1,279
+8.1%
share 46.3%
1,183
+52.4%
share 52.0%
776
-1.0%
share 46.3%
784
-5.6%
share 48.2%
831
share 50.4%
Regulated Gas
614
+12.4%
share 25.2%
546
-12.0%
share 23.6%
621
-9.5%
share 25.8%
687
+30.6%
share 24.8%
526
+15.6%
share 23.1%
455
+3.6%
share 27.1%
439
+1.8%
share 27.0%
431
share 26.2%
Regulated Water
427
+5.0%
share 17.5%
406
+1.8%
share 17.5%
399
+9.5%
share 16.6%
364
+55.1%
share 13.2%
235
+51.5%
share 10.3%
155
+18.8%
share 9.2%
130
+1.6%
share 8.0%
128
share 7.8%
Other Revenue
63
+14.0%
share 2.6%
56
-35.3%
share 2.4%
86
+2.1%
share 3.6%
84
+14.8%
share 3.0%
73
+109.6%
share 3.2%
35
+44.1%
share 2.1%
24
+10.3%
share 1.5%
22
share 1.3%
Non Regulated Energy
36
+3.4%
share 1.5%
35
-88.1%
share 1.5%
296
-15.5%
share 12.3%
351
+30.9%
share 12.7%
268
+4.7%
share 11.8%
256
+3.8%
share 15.3%
247
+4.8%
share 15.2%
235
share 14.3%
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. More on our methodology.

Company profile

Industry
Electric Services (SIC 4911)
Listed as
AQN (NYSE), AGQPF (OTC), AQNB (NYSE)
Fiscal year ends
December 31
Incorporated in
Ontario, Canada
Headquarters
Oakville, Ontario, Canada
SEC CIK
1174169
Former names
ALGONQUIN POWER INCOME FUND (until Oct 27, 2009)

Other Electric Services companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.