Algonquin Power publishes Q1 2026 MD&A report
Algonquin Power & Utilities Corp.
Algonquin Power & Utilities Corp. AQN | 0.00 |
- Algonquin Power & Utilities published its Q1 2026 MD&A, reporting revenue of USD 792.4 million, up 14% from USD 692.4 million.
- Net earnings attributable to common shareholders fell 10% to USD 83.1 million, or USD 0.11 per share; adjusted net earnings slipped 9% to USD 99.6 million, or USD 0.13 per share.
- Regulated Services net earnings edged down to USD 119.4 million from USD 122.1 million, with higher electric contribution offset by weaker gas results tied to higher operating costs.
- Hydro net earnings dropped to USD 2.1 million from USD 16.6 million, driven mainly by prior-year income tax recovery that did not repeat.
- Total liquidity and capital reserves were USD 1.29 billion at quarter-end; Regulated Services entered a USD 1.15 billion senior unsecured syndicated delayed draw term facility maturing April 17, 2028, with no amounts drawn as of May 7, 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Algonquin Power & Utilities Corp. published the original content used to generate this news brief on May 08, 2026, and is solely responsible for the information contained therein.
