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Avangrid Renewables financials data including stock price, CreditSafe score, income statement, and acquistions and subsidiaries.
Revenue
$991 M
FY, 2023
CreditSafe Score
?
Score changed on Jul 17, 2026
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Learn moreFinancial Statements
| USD | FY, 2021 | FY, 2022 | FY, 2023 |
|---|---|---|---|
| Revenue | 1.2B | 1.1B | 991.0M |
| Cost of goods sold | 230.0M | 161.0M | 442.0M |
| Gross profit | 965.0M | 980.0M | 549.0M |
| Gross profit margin, % | 80.8% | 87.0% | 55.4% |
| General and administrative expense | 495.0M | 526.0M | 529.0M |
| Operating expense total | 964.0M | 1.0B | 1.1B |
| Depreciation and amortization | 397.0M | 424.0M | 456.0M |
| EBIT | 26.0M | (36.0M) | (45.0M) |
| EBIT margin, % | 2.2% | -3.2% | -4.5% |
| Investment income | (5.0M) | 251.0M | (9.0M) |
| Interest expense | 1.0M | 16.0M | 16.0M |
| Pre tax profit | 16.0M | 209.0M | (46.0M) |
| Income tax expense | (48.0M) | (114.0M) | (67.0M) |
| Net Income | 64.0M | 323.0M | 21.0M |
Acquisitions & Subsidiaries
| Company name | Date | Deal size |
|---|---|---|
| Lorem | Dec 23, 2021 | $40.0M |
| Ipsum | Jan 18, 2022 | $30.0M |
| Lorem Ipsum | Feb 18, 2022 | $25.0M |
| Dolor | Oct 21, 2021 | $60.0M |
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