Revenue by Segment

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016
Ivory Coast Project (IVC)	27.46M	7.05M	22.24M	69.53M	-
Ivory Coast Project (IVC) Growth	289.56%	-68.31%	-68.01%	-	-
Industrial Wastewater & Biogas (IWB)	13.91M	8.90M	7.00M	8.51M	-
Industrial Wastewater & Biogas (IWB) Growth	56.18%	27.26%	-17.78%	-	-
Industrial Water & Reuse (IWR)	17.45M	18.04M	14.87M	12.58M	-
Industrial Water & Reuse (IWR) Growth	-3.26%	21.34%	18.15%	-	-
Build-Own-Operate (BOO)	2.81M	2.91M	2.75M	2.07M	-
Build-Own-Operate (BOO) Growth	-3.30%	5.63%	33.09%	-	-
Municipal Water & Wastewater (MWW)	12.38M	10.95M	11.14M	14.84M	-
Municipal Water & Wastewater (MWW) Growth	13.01%	-1.71%	-24.94%	-	-
Southeast Asia and China (SEA & China)	6.57M	3.77M	13.56M	9.58M	-
Southeast Asia and China (SEA & China) Growth	74.45%	-72.23%	41.56%	-	-
Intersegment Elimination	-2.11M	-200.00K	-1.69M	-1.14M	-599.00K
Corporate	-	85.00K	176.00K	302.00K	-
Corporate Growth	-	-51.70%	-41.72%	-	-
Product and Innovation	-	-	-	-	640.00K
Product and Innovation Growth	-	-	-	-	-55.62%
Operating Units	-	-	-	-	111.95M
Operating Units Growth	-	-	-	-	24.61%
Total	78.45M	51.50M	70.05M	116.28M	111.99M
Total Growth	52.35%	-26.48%	-39.76%	3.83%	24.34%

Source: S&P Global Market Intelligence.