v3.26.1
Earnings Per Share
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Earnings Per Share
Note 16. Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share for the periods indicated:
Three months ended
June 30,		Six months ended
June 30,
(in thousands, except per share data)
2026202520262025
Basic and diluted:
Net income (loss) attributable to Greenbacker Renewable Energy Company LLC$11,320 $(33,668)$(16,006)$(49,254)
Weighted average common shares outstanding used in computing net loss per share—basic199,271199,192199,328199,262
Adjustments:
Share-based compensation awards1,729———
Weighted average common shares outstanding used in computing net loss per share—diluted201,000199,192199,328199,262
Net income (loss) per share—basic$0.06 $(0.17)$(0.08)$(0.25)
Net income (loss) per share—diluted$0.06 $(0.17)$(0.08)$(0.25)
Securities that could potentially be dilutive are excluded from the computation of diluted loss per share when a loss from continuing operations exists because their inclusion would result in an anti-dilutive effect on per share amounts.
The effects of 6.6 million and 3.3 million shares for the three months ended June 30, 2026 and 2025, respectively, and 8.7 million and 3.3 million shares for the six months ended June 30, 2026 and 2025, respectively, related to the Company’s share-based compensation awards, were excluded from the calculation of diluted earnings per share as the effect of such shares would have been anti-dilutive.