v3.26.1
CONSOLIDATED STATEMENTS OF OPERATIONS
shares in Thousands, $ in Thousands
6 Months Ended
Jun. 30, 2026
USD ($)
$ / shares
shares
Revenue  
Total net revenue $ 76,696
Operating expenses  
Direct operating costs 39,702
General and administrative 25,827
Change in fair value of contingent consideration 0
Depreciation, amortization and accretion 33,025
(Gain) loss on asset disposition (1,584)
Impairment of long-lived assets, net and termination costs 27,405
Total operating expenses 124,375
Operating loss (47,679)
Interest expense, net (16,397)
Change in fair value of investments, net (5,128)
Income from sale-leaseback transfer of tax benefits 10,188
Gain on liability extinguishment 0
Other income (expense), net (1,083)
Loss before income taxes (60,099)
Income tax (expense) benefit (5,175)
Net loss (65,274)
Less: Net loss attributable to noncontrolling interests (49,268)
Net income (loss) attributable to Greenbacker Renewable Energy Company LLC $ (16,006)
Earnings per share  
Basic (in dollars per share) | $ / shares $ (0.08)
Diluted (in dollars per share) | $ / shares $ (0.08)
Weighted average shares outstanding  
Basic (in shares) | shares 199,328
Diluted (in shares) | shares 199,328
Accumulated deficit  
Operating expenses  
Net income (loss) attributable to Greenbacker Renewable Energy Company LLC $ (16,006)
Energy revenue  
Revenue  
Total net revenue 73,608
Investment Management revenue  
Revenue  
Total net revenue 6,891
Other revenue  
Revenue  
Total net revenue 1,371
Contract amortization, net  
Revenue  
Total net revenue $ (5,174)