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Avangrid (AGR) Revenue & Revenue Breakdown

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Avangrid Revenue Highlights

Latest Revenue (Y)

$8.31B

Latest Revenue (Q)

$2.08B

Main Segment (Y)

Electricity, US Regulated

Avangrid Revenue by Period

Avangrid Revenue by Year

DateRevenueChange
2023-12-31$8.31B4.87%
2022-12-31$7.92B13.61%
2021-12-31$6.97B10.35%
2020-12-31$6.32B-0.28%
2019-12-31$6.34B-2.16%
2018-12-31$6.48B8.64%
2017-12-31$5.96B-0.91%
2016-12-31$6.02B37.81%
2015-12-31$4.37B167.60%
2014-12-31$1.63B0.82%
2013-12-31$1.62B8.89%
2012-12-31$1.49B-5.35%
2011-12-31$1.57B57.41%
2010-12-31$997.67M11.28%
2009-12-31$896.55M-5.50%
2008-12-31$948.72M-3.39%
2007-12-31$982.00M16.08%
2006-12-31$845.95M-30.27%
2005-12-31$1.21B10.15%
2004-12-31$1.10B14.28%
2003-12-31$963.68M-14.80%
2002-12-31$1.13B4.16%
2001-12-31$1.09B54.09%
2000-12-31$704.69M3.63%
1999-12-31$680.00M-0.90%
1998-12-31$686.20M-3.39%
1997-12-31$710.30M-2.16%
1996-12-31$726.00M5.16%
1995-12-31$690.40M5.13%
1994-12-31$656.70M0.57%
1993-12-31$653.00M-

Avangrid generated $8.31B in revenue during NA 2023, up 4.87% compared to the previous quarter, and up 128.26% compared to the same period a year ago.

Avangrid Revenue by Quarter

DateRevenueChange
2024-09-30$2.08B8.55%
2024-06-30$1.92B-21.29%
2024-03-31$2.44B6.84%
2023-12-31$2.28B15.60%
2023-09-30$1.97B24.39%
2023-06-30$1.59B-35.64%
2023-03-31$2.47B14.27%
2022-12-31$2.16B17.41%
2022-09-30$1.84B2.45%
2022-06-30$1.79B-15.89%
2022-03-31$2.13B10.35%
2021-12-31$1.93B20.96%
2021-09-30$1.60B8.19%
2021-06-30$1.48B-24.87%
2021-03-31$1.97B17.80%
2020-12-31$1.67B13.54%
2020-09-30$1.47B5.60%
2020-06-30$1.39B-22.19%
2020-03-31$1.79B11.19%
2019-12-31$1.61B8.20%
2019-09-30$1.49B6.21%
2019-06-30$1.40B-24.00%
2019-03-31$1.84B10.63%
2018-12-31$1.67B7.70%
2018-09-30$1.55B10.27%
2018-06-30$1.40B-24.83%
2018-03-31$1.86B21.66%
2017-12-31$1.53B14.32%
2017-09-30$1.34B0.75%
2017-06-30$1.33B-24.29%
2017-03-31$1.76B17.91%
2016-12-31$1.49B5.15%
2016-09-30$1.42B-1.46%
2016-06-30$1.44B-13.83%
2016-03-31$1.67B-46.82%
2015-12-31$3.14B850.13%
2015-09-30$330.52M5.93%
2015-06-30$312.01M-46.58%
2015-03-31$584.05M34.90%
2014-12-31$432.96M47.76%
2014-09-30$293.03M-12.48%
2014-06-30$334.79M-41.38%
2014-03-31$571.16M31.26%
2013-12-31$435.13M37.49%
2013-09-30$316.48M-0.81%
2013-06-30$319.07M-41.78%
2013-03-31$548.04M30.22%
2012-12-31$420.85M29.97%
2012-09-30$323.81M14.22%
2012-06-30$283.51M-38.14%
2012-03-31$458.34M22.58%
2011-12-31$373.92M16.33%
2011-09-30$321.43M2.35%
2011-06-30$314.05M-44.03%
2011-03-31$561.05M67.98%
2010-12-31$333.99M41.36%
2010-09-30$236.28M14.08%
2010-06-30$207.12M-5.98%
2010-03-31$220.28M7.21%
2009-12-31$205.46M-19.49%
2009-09-30$255.21M27.37%
2009-06-30$200.37M-14.92%
2009-03-31$235.51M7.42%
2008-12-31$219.25M-21.34%
2008-09-30$278.72M28.96%
2008-06-30$216.13M-7.88%
2008-03-31$234.62M5.30%
2007-12-31$222.82M-

Avangrid generated $2.08B in revenue during Q3 2024, up 8.55% compared to the previous quarter, and up 131.25% compared to the same period a year ago.

Avangrid Revenue Breakdown

Avangrid Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Other Services$22.00M$141.00M---
Solar Energy$46.00M$26.00M---
Thermal Energy$180.00M$29.00M---
Wind Energy$817.00M$805.00M---
Electricity, US Regulated$4.96B$3.48B---
Natural Gas, US Regulated$1.62B$1.48B---
Networks Segment-$6.78B$5.75B$5.19B-
Renewables Segment--$1.22B$1.13B-

Avangrid's latest annual revenue breakdown by segment (product or service), as of Dec 23: Electricity, US Regulated (64.91%), Natural Gas, US Regulated (21.15%), Wind Energy (10.69%), Thermal Energy (2.35%), Solar Energy (0.60%), and Other Services (0.29%).

Quarterly Revenue by Product

Product/ServiceSep 24Jun 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Natural Gas, US Regulated$199.00M$298.00M$1.43B$185.00M$426.00M---------------
Other Services$34.00M$17.00M$1.00M$2.00M$4.00M$34.00M--------------
Wind Energy$207.00M$258.00M$611.00M$206.00M$184.00M---------------
Solar Energy$18.00M$17.00M$27.00M$19.00M$4.00M---------------
Thermal Energy$51.00M$16.00M$111.00M$69.00M$8.00M---------------
Electricity, US Regulated$1.42B$1.20B$3.62B$1.34B$848.00M---------------
Renewables Segment----$315.00M$2.47B$293.00M$330.00M$198.00M$243.00M$258.00M$393.00M$276.00M$272.00M$328.00M$347.00M----
Networks Segment----$1.27B$2.08B$1.55B$1.46B$1.94B$1.36B$1.22B$1.57B$1.20B$1.12B$1.46B$1.14B----
Corporate Reconciling Items And Eliminations-------------------$1.00M

Avangrid's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Electricity, US Regulated (73.57%), Wind Energy (10.75%), Natural Gas, US Regulated (10.33%), Thermal Energy (2.65%), Other Services (1.77%), and Solar Energy (0.93%).

Avangrid Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
KEPKorea Electric Power$88.21T$23.29T
ENICEnel Chile$4.26T$1.05T
CEPUCentral Puerto$860.96B$128.71B
DTEDTE Energy Company$12.74B$2.91B
ETREntergy$12.15B$3.39B
CNPCenterPoint Energy$8.70B$1.86B
AGRAvangrid$8.31B$2.08B
AEEAmeren$7.50B$2.17B
CMSCMS Energy$7.46B$1.74B
EVRGEvergy$5.49B$1.45B
PNWPinnacle West Capital$4.70B$1.77B
LNTAlliant Energy$4.03B$1.01B
PORPortland General Electric Company$2.92B$942.00M
IDAIDACORP$1.77B$528.53M

AGR Revenue FAQ

What is Avangrid’s yearly revenue?

Avangrid's yearly revenue for 2023 was $8.31B, representing an increase of 4.87% compared to 2022. The company's yearly revenue for 2022 was $7.92B, representing an increase of 13.61% compared to 2021. AGR's yearly revenue for 2021 was $6.97B, representing an increase of 10.35% compared to 2020.

What is Avangrid’s quarterly revenue?

Avangrid's quarterly revenue for Q3 2024 was $2.08B, a 8.55% increase from the previous quarter (Q2 2024), and a 5.52% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $1.92B, a -21.29% decrease from the previous quarter (Q1 2024), and a 20.92% increase year-over-year (Q2 2023). AGR's quarterly revenue for Q1 2024 was $2.44B, a 6.84% increase from the previous quarter (Q4 2023), and a -1.14% decrease year-over-year (Q1 2023).

What is Avangrid’s revenue growth rate?

Avangrid's revenue growth rate for the last 3 years (2021-2023) was 19.14%, and for the last 5 years (2019-2023) was 31.10%.

What are Avangrid’s revenue streams?

Avangrid's revenue streams in c 23 are Other Services, Solar Energy, Thermal Energy, Wind Energy, Electricity, US Regulated, and Natural Gas, US Regulated. Other Services generated $22M in revenue, accounting 0.29% of the company's total revenue, down -84.40% year-over-year. Solar Energy generated $46M in revenue, accounting 0.60% of the company's total revenue, up 76.92% year-over-year. Thermal Energy generated $180M in revenue, accounting 2.35% of the company's total revenue, up 520.69% year-over-year. Wind Energy generated $817M in revenue, accounting 10.69% of the company's total revenue, up 1.49% year-over-year. Electricity, US Regulated generated $4.96B in revenue, accounting 64.91% of the company's total revenue, up 42.38% year-over-year. Natural Gas, US Regulated generated $1.62B in revenue, accounting 21.15% of the company's total revenue, up 9.33% year-over-year.

What is Avangrid’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Avangrid was Electricity, US Regulated. This segment made a revenue of $4.96B, representing 64.91% of the company's total revenue.