---
title: "Alternus Clean Energy | 10-Q: FY2025 Q3 Revenue: USD 0"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284191734.md"
datetime: "2026-04-27T10:05:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284191734.md)
  - [en](https://longbridge.com/en/news/284191734.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284191734.md)
---

# Alternus Clean Energy | 10-Q: FY2025 Q3 Revenue: USD 0

Revenue: As of FY2025 Q3, the actual value is USD 0.

EPS: As of FY2025 Q3, the actual value is USD -14.48.

EBIT: As of FY2025 Q3, the actual value is USD -585 K.

#### Segment Revenue

-   **Three Months Ended September 30, 2025**
    -   United States (Continuing Operations): $0
    -   Europe (Continuing Operations): $0
    -   Europe (Discontinued Operations): $0
    -   Total for the period: $0
-   **Three Months Ended September 30, 2024**
    -   United States (Continuing Operations): $93 thousand
    -   Europe (Continuing Operations): $0
    -   Europe (Discontinued Operations): $3,649 thousand
    -   Total for the period: $3,742 thousand
-   **Nine Months Ended September 30, 2025**
    -   United States (Continuing Operations): $0
    -   Europe (Continuing Operations): $0
    -   Europe (Discontinued Operations): $0
    -   Total for the period: $0
-   **Nine Months Ended September 30, 2024**
    -   United States (Continuing Operations): $280 thousand
    -   Europe (Continuing Operations): $0
    -   Europe (Discontinued Operations): $9,611 thousand
    -   Total for the period: $9,891 thousand

#### Segment Net Income/(Loss)

-   **Three Months Ended September 30, 2025**
    -   Europe (Continuing Operations): - $335 thousand
    -   Europe (Discontinued Operations): $0
    -   United States (Continuing Operations): - $9,414 thousand
    -   Total for the period: - $9,749 thousand
-   **Three Months Ended September 30, 2024**
    -   Europe (Continuing Operations): - $1,500 thousand
    -   Europe (Discontinued Operations): - $2,370 thousand
    -   United States (Continuing Operations): - $1,200 thousand
    -   Total for the period: - $5,070 thousand
-   **Nine Months Ended September 30, 2025**
    -   Europe (Continuing Operations): $14,026 thousand
    -   Europe (Discontinued Operations): $0
    -   United States (Continuing Operations): - $18,720 thousand
    -   Total for the period: - $4,694 thousand
-   **Nine Months Ended September 30, 2024**
    -   Europe (Continuing Operations): - $4,376 thousand
    -   Europe (Discontinued Operations): - $5,419 thousand
    -   United States (Continuing Operations): - $8,691 thousand
    -   Total for the period: - $18,486 thousand

#### Segment Assets

-   **As of September 30, 2025**
    -   Europe (Continuing Operations - Other Assets): $26,199 thousand
    -   United States (Continuing Operations - Other Assets): $31,311 thousand
-   **As of December 31, 2024**
    -   Europe (Continuing Operations - Other Assets): $3,959 thousand
    -   United States (Continuing Operations - Other Assets): $3,768 thousand

#### Segment Liabilities

-   **As of September 30, 2025**
    -   Europe (Continuing Operations - Debt): $1,173 thousand
    -   Europe (Continuing Operations - Other Liabilities): $867 thousand
    -   United States (Continuing Operations - Debt): $12,830 thousand
    -   United States (Continuing Operations - Other Liabilities): $20,015 thousand
-   **As of December 31, 2024**
    -   Europe (Continuing Operations - Debt): $19,807 thousand
    -   Europe (Continuing Operations - Other Liabilities): $1,200 thousand
    -   United States (Continuing Operations - Debt): $9,598 thousand
    -   United States (Continuing Operations - Other Liabilities): $11,007 thousand

#### Segment EBITDA

-   **Three Months Ended September 30, 2025**
    -   Europe (Continuing Operations): - $306 thousand
    -   Europe (Discontinued Operations): $0
    -   United States (Continuing Operations): - $677 thousand
    -   Total for the period: - $983 thousand
-   **Three Months Ended September 30, 2024**
    -   Europe (Continuing Operations): $1,849 thousand
    -   Europe (Discontinued Operations): - $663 thousand
    -   United States (Continuing Operations): - $1,780 thousand
    -   Total for the period: - $594 thousand
-   **Nine Months Ended September 30, 2025**
    -   Europe (Continuing Operations): - $1,044 thousand
    -   Europe (Discontinued Operations): $0
    -   United States (Continuing Operations): - $5,119 thousand
    -   Total for the period: - $6,162 thousand
-   **Nine Months Ended September 30, 2024**
    -   Europe (Continuing Operations): - $1,026 thousand
    -   Europe (Discontinued Operations): $5,468 thousand
    -   United States (Continuing Operations): - $6,658 thousand
    -   Total for the period: - $2,216 thousand

#### Operational Metrics (Consolidated)

-   **Net Income/(Loss)**
    -   Three Months Ended September 30, 2025: - $9,749 thousand
    -   Three Months Ended September 30, 2024: - $5,070 thousand
    -   Nine Months Ended September 30, 2025: - $4,694 thousand
    -   Nine Months Ended September 30, 2024: - $18,486 thousand
-   **Selling, General and Administrative Expenses**
    -   Three Months Ended September 30, 2025: - $984 thousand
    -   Three Months Ended September 30, 2024: - $1,524 thousand
    -   Nine Months Ended September 30, 2025: - $6,163 thousand
    -   Nine Months Ended September 30, 2024: - $7,204 thousand
-   **Depreciation, Amortization, and Accretion**
    -   Three Months Ended September 30, 2025: $0
    -   Three Months Ended September 30, 2024: - $52 thousand
    -   Nine Months Ended September 30, 2025: - $130 thousand
    -   Nine Months Ended September 30, 2024: - $175 thousand
-   **Interest Expense**
    -   Three Months Ended September 30, 2025: - $399 thousand
    -   Three Months Ended September 30, 2024: - $1,572 thousand
    -   Nine Months Ended September 30, 2025: - $3,839 thousand
    -   Nine Months Ended September 30, 2024: - $4,854 thousand

#### Cash Flow (Consolidated)

-   **Net Cash provided by/(used in) Operating Activities**
    -   Nine Months Ended September 30, 2025: - $2,321 thousand
    -   Nine Months Ended September 30, 2024 (Continuing Operations): - $1,820 thousand
    -   Nine Months Ended September 30, 2024 (Discontinued Operations): - $4,579 thousand
-   **Net Cash provided by/(used in) Investing Activities**
    -   Nine Months Ended September 30, 2025: $0
    -   Nine Months Ended September 30, 2024 (Continuing Operations): - $6,544 thousand
    -   Nine Months Ended September 30, 2024 (Discontinued Operations): $69,019 thousand
-   **Net Cash provided by/(used in) Financing Activities**
    -   Nine Months Ended September 30, 2025: $2,198 thousand
    -   Nine Months Ended September 30, 2024 (Continuing Operations): $664 thousand
    -   Nine Months Ended September 30, 2024 (Discontinued Operations): - $80,422 thousand

#### Unique Metrics

-   **Operating Nameplate Capacity (MW DC)**
    -   As of September 30, 2025 (Continuing Operations - United States): $0
    -   As of September 30, 2024 (Continuing Operations - United States): $3.8
    -   As of September 30, 2024 (Discontinued Operations - Netherlands): $11.8
    -   As of September 30, 2024 (Discontinued Operations - Poland): $88.4
    -   As of September 30, 2024 (Discontinued Operations - Romania): $40.1
-   **Annual Recurring Revenues (ARR)**: Alternus Clean Energy, Inc. uses ARR, defined as estimated future revenue from operating solar parks based on remaining contract term and energy production, as a key financial management metric. This method is believed to better reflect the long-term stability of operations, though actual revenues may be lower than ARR in the first year of operation for new parks or due to acquisition timing.

#### Future Outlook and Strategy

Alternus Clean Energy, Inc. plans to expand beyond core utility solar operations by integrating microgrids and on-site generation systems to provide energy resilience and grid independence for customers. The company intends to form strategic partnerships and pursue targeted ventures and acquisitions in high-growth areas like battery storage and circular economy energy systems to enhance technical capabilities and diversify revenue streams. The strategy emphasizes acquiring utility-scale clean energy projects, expanding into complementary market segments, strengthening relationships with developers, and optimizing financing to support long-term growth and profitability, alongside establishing a formal sustainability policy framework.

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- [ALCE.US](https://longbridge.com/en/quote/ALCE.US.md)

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