7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 
      
    		                                         
      revenue:
    		                                         
      customer agreements and incentives
    		491,600,000 458,000,000 402,920,000 388,574,000 405,861,000 387,825,000 322,967,000 316,528,000 302,149,000 246,474,000 242,258,000 271,211,000 259,886,000 209,692,000 200,625,000 231,869,000 219,474,000 174,596,000 164,456,000 114,485,000 106,095,000 99,124,000 99,297,000 96,249,000 92,439,000 99,850,000 131,299,000 114,572,000 91,605,000 66,990,000            
      solar energy systems and product sales
    		232,957,000 111,336,000 101,351,000 129,918,000 131,312,000 136,041,000 135,221,000 246,653,000 288,044,000 343,375,000 366,894,000 360,695,000 324,694,000 286,092,000 234,604,000 206,896,000 181,692,000 160,198,000 155,950,000 95,275,000 75,199,000 111,607,000 144,640,000 119,293,000 112,156,000 94,654,000 108,821,000 90,388,000 78,933,000 77,373,000 86,907,000 82,829,000 72,511,000 56,019,000 75,251,000 68,883,000 77,144,000 64,203,000 70,051,000 50,950,000 38,232,000 
      total revenue
    		724,557,000 569,336,000 504,271,000 518,492,000 537,173,000 523,866,000 458,188,000 563,181,000 590,193,000 589,849,000 609,152,000 631,906,000 584,580,000 495,784,000 435,229,000 438,765,000 401,166,000 334,794,000 320,406,000 209,760,000 181,294,000 210,731,000 243,937,000 215,542,000 204,595,000 194,504,000 240,120,000 204,960,000 170,538,000 144,363,000 146,443,000 141,291,000 137,848,000 104,117,000 120,584,000 112,033,000 122,538,000 98,743,000 99,639,000 82,600,000 72,690,000 
      yoy
    		34.88% 8.68% 10.06% -7.94% -8.98% -11.19% -24.78% -10.88% 0.96% 18.97% 39.96% 44.02% 45.72% 48.09% 35.84% 109.17% 121.28% 58.87% 31.35% -2.68% -11.39% 8.34% 1.59% 5.16% 19.97% 34.73% 63.97% 45.06% 23.71% 38.65% 21.44% 26.12% 12.49% 5.44% 21.02% 35.63% 68.58%     
      qoq
    		27.26% 12.90% -2.74% -3.48% 2.54% 14.33% -18.64% -4.58% 0.06% -3.17% -3.60% 8.10% 17.91% 13.91% -0.81% 9.37% 19.82% 4.49% 52.75% 15.70% -13.97% -13.61% 13.17% 5.35% 5.19% -19.00% 17.15% 20.18% 18.13% -1.42% 3.65% 2.50% 32.40% -13.66% 7.63% -8.57% 24.10% -0.90% 20.63% 13.63%  
      operating expenses:
    		                                         
      cost of customer agreements and incentives
    		315,811,000 345,376,000 308,629,000 292,632,000 308,382,000 298,665,000 269,534,000 283,742,000 268,687,000 236,905,000 230,284,000 209,539,000 202,554,000 201,785,000 187,029,000 174,457,000 177,339,000 160,277,000 146,601,000 77,350,000 83,422,000 78,277,000 72,898,000 67,359,000 70,594,000 69,493,000 65,317,000 63,195,000 57,769,000 54,576,000            
      cost of solar energy systems and product sales
    		165,480,000 104,144,000 96,798,000 128,361,000 125,312,000 130,120,000 156,159,000 234,274,000 270,538,000 320,018,000 324,443,000 311,782,000 292,479,000 249,844,000 208,162,000 172,538,000 151,588,000 134,082,000 126,853,000 75,679,000 63,746,000 91,598,000 109,307,000 92,031,000 86,348,000 77,799,000 89,040,000 76,179,000 64,268,000 64,579,000 74,174,000 69,588,000 60,938,000 49,431,000 63,005,000 57,264,000 61,600,000 57,512,000 62,329,000 46,468,000 34,624,000 
      sales and marketing
    		164,798,000 152,459,000 145,990,000 150,751,000 162,490,000 151,657,000 152,264,000 176,349,000 194,876,000 202,836,000 189,040,000 193,992,000 187,428,000 174,926,000 180,787,000 171,462,000 144,599,000 126,113,000 141,608,000 70,720,000 69,701,000 70,270,000 71,679,000 77,478,000 70,038,000 55,953,000 57,158,000 56,758,000 49,237,000 44,079,000 35,357,000 37,298,000 32,784,000 31,676,000 35,685,000 40,192,000 43,716,000 43,188,000 41,193,000 45,382,000 33,976,000 
      research and development
    		9,267,000 8,063,000 9,979,000 8,794,000 8,180,000 10,243,000 12,087,000 5,039,000 4,557,000 4,557,000 4,113,000 4,398,000 6,139,000 6,257,000 6,541,000 5,602,000 5,150,000 5,872,000 5,326,000 5,205,000 4,971,000 4,046,000 5,099,000 6,435,000 6,555,000 5,474,000 5,292,000 4,604,000 5,052,000 3,896,000 4,437,000 3,936,000 3,710,000 2,996,000 2,905,000 2,458,000 2,373,000 2,463,000 2,638,000 2,240,000 2,492,000 
      general and administrative
    		65,550,000 71,543,000 57,763,000 72,045,000 60,587,000 61,229,000 51,266,000 48,452,000 56,366,000 51,886,000 49,121,000 47,099,000 49,946,000 43,081,000 59,337,000 51,290,000 62,916,000 85,630,000 155,087,000 41,829,000 41,756,000 28,074,000 31,857,000 31,059,000 33,044,000 29,063,000 28,916,000 26,720,000 28,130,000 32,893,000 29,644,000 27,925,000 25,230,000 24,621,000 24,184,000 21,331,000 23,614,000 23,248,000 22,973,000 21,486,000 19,677,000 
      total operating expenses
    		720,906,000 681,585,000 619,159,000 3,774,751,000 664,951,000 651,914,000 641,310,000 1,910,658,000 796,134,000 817,543,000 798,342,000 768,151,000 739,887,000 677,234,000 643,197,000 576,690,000 542,935,000 513,319,000 576,838,000 271,950,000 264,763,000 273,748,000 292,364,000 275,886,000 267,393,000 238,675,000 246,774,000 228,507,000 205,507,000 201,074,000 197,934,000 189,031,000 170,827,000 154,111,000 169,211,000 163,066,000 170,962,000 165,563,000 164,801,000 145,350,000 118,887,000 
      income from operations
    		3,651,000 -112,249,000 -114,888,000 -3,256,259,000 -127,778,000 -128,048,000 -183,122,000 -1,347,477,000 -205,941,000 -227,694,000 -189,190,000 -136,245,000 -155,307,000 -181,450,000 -207,968,000 -137,925,000 -141,769,000 -178,525,000 -256,432,000 -62,190,000 -83,469,000 -63,017,000 -48,427,000 -60,344,000 -62,798,000 -44,171,000 -6,654,000 -23,547,000 -34,969,000 -56,711,000 -51,491,000 -47,740,000 -32,979,000 -49,994,000 -48,627,000 -51,033,000 -48,424,000 -66,820,000 -65,162,000 -62,750,000 -46,197,000 
      yoy
    		-102.86% -12.34% -37.26% 141.66% -37.95% -43.76% -3.21% 889.01% 32.60% 25.49% -9.03% -1.22% 9.55% 1.64% -18.90% 121.78% 69.85% 183.30% 429.52% 3.06% 32.92% 42.67% 627.79% 156.27% 79.58% -22.11% -87.08% -50.68% 6.03% 13.44% 5.89% -6.45% -31.90% -25.18% -25.38% -18.67% 4.82%     
      qoq
    		-103.25% -2.30% -96.47% 2448.37% -0.21% -30.08% -86.41% 554.30% -9.55% 20.35% 38.86% -12.27% -14.41% -12.75% 50.78% -2.71% -20.59% -30.38% 312.34% -25.49% 32.45% 30.13% -19.75% -3.91% 42.17% 563.83% -71.74% -32.66% -38.34% 10.14% 7.86% 44.76% -34.03% 2.81% -4.71% 5.39% -27.53% 2.54% 3.84% 35.83%  
      operating margin %
    		0.50% -19.72% -22.78% -628.02% -23.79% -24.44% -39.97% -239.26% -34.89% -38.60% -31.06% -21.56% -26.57% -36.60% -47.78% -31.43% -35.34% -53.32% -80.03% -29.65% -46.04% -29.90% -19.85% -28.00% -30.69% -22.71% -2.77% -11.49% -20.51% -39.28% -35.16% -33.79% -23.92% -48.02% -40.33% -45.55% -39.52% -67.67% -65.40% -75.97% -63.55% 
      interest expense
    		-265,788,000 -247,137,000 -227,434,000 -233,385,000 -215,615,000 -207,207,000 -192,159,000 -171,288,000 -157,177,000 -142,698,000 -133,306,000 -117,214,000 -103,045,000 -92,254,000 -89,335,000 -89,096,000 -74,999,000 -74,270,000 -382,614,000 51,368,000 50,721,000 49,924,000 46,686,000 43,911,000 42,309,000 41,340,000 37,219,000 34,482,000 31,872,000 28,198,000 20,932,000 17,707,000 16,602,000 15,277,000 14,709,000 13,957,000 13,063,000 11,515,000 9,198,000 8,475,000 8,433,000 
      other income
    		-17,880,000 -14,528,000 -45,399,000 89,829,000 -82,598,000 64,378,000 89,930,000 77,673,000 41,071,000 -25,000,000    113,958,000    34,347,000                        
      income before income taxes
    		-280,017,000 -373,914,000 -387,721,000 -3,399,815,000 -425,991,000 -270,877,000 -285,351,000 -1,441,092,000 -322,047,000 -395,392,000 -325,623,000 -155,506,000 -206,479,000 -159,746,000 -293,137,000 -231,353,000 -228,321,000 -218,448,000 -327,598,000 -112,694,000 -134,338,000 -112,891,000 -95,113,000 -107,365,000 -106,495,000 -90,267,000 -46,786,000 -53,512,000 -67,349,000 -83,217,000 -73,708,000 -65,353,000 -49,789,000 -65,746,000 -62,956,000 -65,032,000 -61,517,000 -77,803,000 -74,293,000 -71,312,000 -56,080,000 
      income tax benefit
    		-2,172,000 -94,930,000 -110,550,000    -2,201,000 29,846,000 18,677,000 -59,619,000   3,277,000 -3,277,000 28,329,000 9,980,000  -14,126,000   211,000 -3,342,000     1,648,250 -5,988,000       22,847,000 9,936,000 3,210,000  13,000 903,000 -6,215,000 
      net income
    		-277,845,000 -278,984,000 -277,171,000 -3,399,951,000 -412,188,000 -259,928,000 -283,150,000 -1,470,938,000 -340,724,000 -335,773,000 -327,914,000 -155,506,000 -209,756,000 -156,469,000 -321,466,000 -241,333,000 -213,409,000 -204,322,000 -297,449,000 -85,401,000 -134,549,000 -109,549,000 -86,997,000 -112,534,000 -104,585,000 -86,906,000 -49,515,000 -47,524,000 -71,727,000 -91,420,000 -68,221,000 -80,187,000 -65,242,000 -73,084,000 -85,803,000 -74,968,000 -64,727,000 -77,803,000 -74,306,000 -72,215,000 -49,865,000 
      yoy
    		-32.59% 7.33% -2.11% 131.14% 20.97% -22.59% -13.65% 845.90% 62.44% 114.59% 2.01% -35.56% -1.71% -23.42% 8.07% 182.59% 58.61% 86.51% 241.91% -24.11% 28.65% 26.05% 75.70% 136.79% 45.81% -4.94% -27.42% -40.73% 9.94% 25.09% -20.49% 6.96% 0.80% -6.07% 15.47% 3.81% 29.80%     
      qoq
    		-0.41% 0.65% -91.85% 724.85% 58.58% -8.20% -80.75% 331.71% 1.47% 2.40% 110.87% -25.86% 34.06% -51.33% 33.20% 13.08% 4.45% -31.31% 248.30% -36.53% 22.82% 25.92% -22.69% 7.60% 20.34% 75.51% 4.19% -33.74% -21.54% 34.01% -14.92% 22.91% -10.73% -14.82% 14.45% 15.82% -16.81% 4.71% 2.90% 44.82%  
      net income margin %
    		-38.35% -49.00% -54.96% -655.74% -76.73% -49.62% -61.80% -261.18% -57.73% -56.93% -53.83% -24.61% -35.88% -31.56% -73.86% -55.00% -53.20% -61.03% -92.84% -40.71% -74.22% -51.99% -35.66% -52.21% -51.12% -44.68% -20.62% -23.19% -42.06% -63.33% -46.59% -56.75% -47.33% -70.19% -71.16% -66.92% -52.82% -78.79% -74.58% -87.43% -68.60% 
      net income attributable to noncontrolling interests and redeemable noncontrolling interests
    		-294,434,000 -558,757,000 -327,182,000 -586,294,000 -328,422,000 -399,002,000 -195,332,000 -401,479,000 -396,198,000 -95,385,000 -390,935,000 -366,066,000 -197,330,000 -68,691,000 -282,947,000 -265,462,000 -172,165,000 -180,533,000 -128,129,000 -122,848,000 -120,987,000 -81,590,000 -99,497,000 -141,524,000 -103,292,000 -73,044,000 -43,627,000 -44,628,000 -79,136,000 -119,452,000 -127,115,000 -107,969,000 -90,364,000 -85,811,000 -114,835,000 -91,846,000 -97,370,000 -90,937,000 -59,283,000 -69,447,000 -57,405,000 
      net income attributable to common stockholders
    		16,589,000 279,773,000 50,011,000 -2,813,657,000 -83,766,000 139,074,000 -87,818,000 -1,069,459,000 55,474,000 -240,388,000 63,021,000 210,560,000 -12,426,000 -87,778,000 -38,519,000 24,129,000 -41,244,000 -23,789,000 -169,320,000 37,447,000 -13,562,000 -27,959,000 12,500,000 28,990,000 -1,293,000 -13,862,000         29,032,000 16,878,000 32,643,000 13,134,000 -15,023,000 -2,768,000 7,540,000 
      net income per share
    		                                       -0.41  
      basic
    		0.07 1.22 0.22 -12.66 -0.37 0.63 -0.4 -4.92 0.26 -1.12 0.3 0.99 -0.06 -0.42 -0.19 0.12 -0.2 -0.12 -1.21 0.3 -0.11 -0.23 0.11 0.25 -0.01 -0.12 -0.06 -0.03 0.07 0.26 0.56 0.26 0.24 0.12 0.29 0.16 0.32 0.13    
      diluted
    		0.06 1.07 0.2 -12.66 -0.37 0.55 -0.4 -4.92 0.25 -1.12 0.29 0.96 -0.06 -0.42 -0.19 0.11 -0.2 -0.12 -1.21 0.28 -0.11 -0.23 0.1 0.23 -0.01 -0.12 -0.05 -0.02 0.06 0.25 0.54 0.25 0.23 0.12 0.27 0.16 0.31 0.13    
      weighted-average shares used for eps calculation
    		                                      55,091 67,732 26,215 
      basic
    		230,980 229,167 226,406 222,215 223,695 222,474 219,882 217,344 216,017 214,548 211,347 212,696 211,128 208,676 205,132 206,103 204,378 202,562 139,606 125,003 120,279 119,220 116,397 117,652 115,765 113,912 110,089 111,134 109,559 107,449 105,432 105,783 105,093 104,038 102,367 102,707 101,969 101,273    
      diluted
    		267,473 261,152 257,911 222,215 223,695 255,107 219,882 217,344 221,849 214,548 219,157 220,850 211,128 208,676 205,132 213,016 204,378 202,562 139,606 134,548 120,279 119,220 123,876 125,151 115,765 113,912 117,112 120,396 117,067 110,781 108,206 109,598 107,347 106,469 104,964 105,092 104,768 104,219    
      goodwill impairment
    		       1,158,000,000                                  
      income tax (benefit) expense
    		   136,000 -13,803,000 -10,949,000           -14,912,000  -30,149,000 -27,293,000   -8,116,000 5,169,000 -1,910,000 -3,361,000                
      amortization of intangible assets
    		       4,802,000 1,110,000 1,341,000 1,341,000 1,341,000 1,341,000 1,341,000 1,341,000 1,341,000 1,343,000 1,345,000 1,363,000 1,167,000 1,167,000 1,483,000 1,524,000 1,524,000 814,000 893,000 1,051,000 1,051,000 1,051,000 1,051,000 1,050,000 1,052,000 1,051,000 1,051,000 1,052,000 1,051,000 1,051,000 1,052,000 1,051,000 1,051,000 1,051,000 
      other income (expenses)
    		          65,946,000 97,953,000 51,873,000                             
      other (expenses) income
    		              4,615,500 -4,332,000 -11,553,000                         
      other incomes
    		                  -191,500 -864,000 148,000 -50,000                 -67,000 87,000 1,019,000 
      other incomes (income)
    		                       3,110,000 1,388,000 4,756,000 -1,425,250 -4,517,000 508,000 -1,692,000 1,285,000 -94,000 208,000 475,000 -380,000 42,000 30,000 -532,000    
      net income available to common stockholders
    		                          8,136,250 -2,896,000 7,409,000 28,032,000 58,894,000 27,782,000 25,122,000 12,727,000 29,032,000 16,878,000 32,643,000  -15,023,000 -27,658,000  
      income tax expense
    		                            4,378,000 8,203,000 9,406,250 14,834,000 15,453,000 7,338,000        
      operating leases and incentives
    		                              59,536,000 58,462,000 65,337,000 48,098,000 45,333,000 43,150,000 45,394,000 34,540,000 29,588,000 31,650,000 34,458,000 
      cost of operating leases and incentives
    		                              53,272,000 49,232,000 47,114,000 44,336,000 42,380,000 40,770,000 38,608,000 38,100,000 34,617,000 28,723,000 27,067,000 
      loss on early extinguishment of debt
    		                                        431,000 
      less: deemed dividend to convertible preferred stockholders
    		                                         
      less: net income allocated to participating securities
    		                                        -7,540,000 
      deemed dividend to convertible preferred stockholders
    		                                       -24,890,000  
      net income per share
    		                                       -0.41  
      weighted-average shares used for eps calculation
    		                                      55,091 67,732 26,215 
      
    		                                         
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.