v3.26.1
Consolidated Statements of Operations
shares in Thousands
3 Months Ended
Mar. 31, 2026
USD ($)
$ / shares
shares
Revenue  
Total net revenue $ 34,811,000
Operating expenses  
Direct operating costs 19,320,000
General and administrative 12,062,000
Depreciation, amortization and accretion 16,831,000
Impairment of long-lived assets, net and termination costs 463,000
Total operating expenses 48,676,000
Operating loss (13,865,000)
Interest expense, net (12,072,000)
Change in fair value of investments, net (5,745,000)
Income from sale-leaseback transfer of tax benefits 10,188,000
Other income, net 153,000
Loss before income taxes (21,341,000)
Income tax (expense) benefit (6,173,000)
Net loss (27,514,000)
Less: Net loss attributable to noncontrolling interests (188,000)
Net loss attributable to Greenbacker Renewable Energy Company LLC $ (27,326,000)
Earnings per share  
Basic (in dollars per share) | $ / shares $ (0.14)
Diluted (in dollars per share) | $ / shares $ (0.14)
Weighted average shares outstanding  
Basic (in shares) | shares 199,387
Diluted (in shares) | shares 199,387
Accumulated deficit  
Operating expenses  
Net loss attributable to Greenbacker Renewable Energy Company LLC $ (27,326,000)
Energy revenue  
Revenue  
Total net revenue 34,305,000
Investment Management revenue  
Revenue  
Total net revenue 2,518,000
Other revenue  
Revenue  
Total net revenue 447,000
Contract amortization, net  
Revenue  
Total net revenue $ (2,459,000)