Sunnova reported Q4 2024 revenue of $224.13 million, but net losses persisted due to high costs and interest expenses. Cash balances grew, but unrestricted cash was lower than expected due to ITC sales delays and fewer installed systems.

Sunnova reported a revenue increase of 19% year-over-year to $235.3 million. The company maintained its cash generation guidance for the coming years and saw an increase in the monthly weighted average investment tax credit rate.

Sunnova reported a revenue increase to $219.6 million and a net loss of $79.7 million for Q2 2024, compared to a net loss of $100.8 million for the same period last year. The company's focus on cash generation and strong margins led to an increase in unrestricted cash. Increased cash generation guidance to $100 million in 2024, $350 million in 2025, and $400 million in 2026

Sunnova reported a revenue of $160.9 million and a net loss of $90.1 million for Q1 2024. The company deployed 27,000 new customers, bringing the total to 438,500. Adjusted EBITDA increased to $46.4 million, driven by investment tax credit sales.

Sunnova reported a slight decrease in revenue to $194.2 million, compared to $195.6 million in the same quarter of the previous year. The company faced a net loss of $234.8 million, a significant increase from the $62.0 million net loss in Q4 2022. Adjusted EBITDA, however, showed a substantial increase, reaching $191.5 million compared to $25.6 million in the prior year quarter, primarily due to investment tax credit sales.

Sunnova reported a revenue increase to $198.4 million for Q3 2023, driven by an increased number of solar energy systems in service and higher inventory sales. The company added over 37,000 customers, bringing the total to 386,200. Sunnova took actions to increase liquidity, including a $145 million tax credit transfer transaction and the first U.S. Department of Energy guaranteed loan securitization.

Sunnova reported revenue of $166.4 million for the second quarter of 2023, an increase of $19.4 million compared to the same period in 2022. The company added over 39,000 customers in the second quarter, bringing the total customer count to 348,600 as of June 30, 2023. Sunnova incurred a net loss of $100.8 million for the quarter, compared to a net loss of $13.8 million for the same period in 2022.

Sunnova reported a strong start to 2023 with a significant increase in revenue and customer additions. Revenue increased to $161.7 million, and the company added 30,100 customers, bringing the total to 309,300. However, the company incurred a net loss of $110.3 million, primarily due to increased interest and operating expenses. The company also raised its full-year customer addition guidance.

Sunnova Energy International Inc. announced strong financial results for Q4 2022, with a record number of customers placed into service, bringing total customer additions in 2022 to 87,000. The company reaffirmed its full year 2023 guidance and highlighted the benefits of its EaaS business model and open platform strategy.

Sunnova reported an increase in revenue to $149.4 million for the third quarter of 2022, driven by an increased number of solar energy systems in service and inventory sales. The company added 21,800 customers, bringing the total customer count to 246,600. A net loss of $29.9 million was incurred, and Adjusted EBITDA reached $41.3 million.

Sunnova reported a revenue increase to $147.0 million for the second quarter of 2022, driven by an increased number of solar energy systems in service and increased inventory sales. The company added 17,300 customers, bringing the total customer count to 225,000. They incurred a net loss of $9.7 million, which is lower compared to the previous year, and Adjusted EBITDA was $39.7 million.

Sunnova reported an increase in revenue to $65.7 million for Q1 2022, driven by an increased number of solar energy systems in service and the acquisition of SunStreet. The company reaffirms its full-year 2022 guidance, including customer additions of between 85,000 and 89,000 and adjusted EBITDA of between $117 million and $137 million.

Sunnova Energy International Inc. reported increased revenue and a reduced net loss for Q4 2021. The company added 87,900 customers in 2021, and total liquidity was $831 million as of December 31, 2021.

Sunnova reported a revenue increase to $68.9 million, added 14,300 customers, and had $951 million in cash and available liquidity. The company incurred a net loss of $25.9 million, an improvement compared to the previous year. Management reaffirms existing full-year 2021 guidance and initiates complete full-year 2022 guidance.

Sunnova Energy International Inc. reported an increase in revenue to $66.6 million for the second quarter of 2021, alongside a net loss of $66.3 million. The company's total customer count reached 162,600, including acquisitions and organic growth. Adjusted EBITDA increased to $30.1 million, reflecting customer growth outpacing expenses.

Sunnova reported a revenue increase to $41.3 million and a net loss of $24.1 million for Q1 2021. The company added approximately 8,900 customers, bringing the total to 116,400. They reaffirmed full-year 2021 guidance and completed the acquisition of SunStreet.

Sunnova reported a revenue increase to $38.0 million for the fourth quarter of 2020, compared to $33.6 million for the same period in 2019. The company incurred a net loss of $128.8 million for the quarter, compared to a net loss of $13.8 million for the same period in 2019. Adjusted EBITDA was $10.0 million for the fourth quarter of 2020, compared to $10.8 million for the same period in 2019.

Sunnova Energy International Inc. announced financial results for the quarter ended September 30, 2020, showing revenue increased to $50.2 million and an increase in total customer count to 98,600 as of September 30, 2020.

Sunnova reported a revenue increase to $42.8 million and a net loss of $28.7 million for the quarter ended June 30, 2020. The company increased its total customer count to 91,600 and saw a storage attachment rate of 34% in the second quarter. Sunnova also reaffirmed its full-year 2020 guidance.

Sunnova reported a revenue increase to $29.8 million for Q1 2020, driven by an increase in customers. However, the company experienced a net loss of $77.0 million, influenced by increased operating expenses and net interest expense. Despite these challenges, Sunnova reaffirmed its full-year 2020 guidance.

Sunnova reported a revenue increase to $33.6 million for the quarter, with a net loss of $13.8 million. Adjusted EBITDA stood at $10.8 million, driven by customer growth outpacing expenses. The company's total number of customers reached 78,600 as of December 31, 2019.