Sunworks, Inc. is a provider of solar power solutions. The Company offers photovoltaic based power systems for the agricultural, commercial, industrial and residential markets in California, Oregon, Texas, New Mexico, and Nevada. Through its operating subsidiaries, Sunworks designs, arranges financing, integrates, installs, and manages systems ranging in size from 2kW (kilowatt) for residential loads to multi MW (megawatt) systems for larger commercial projects. Commercial installations include office buildings, manufacturing plants, warehouses, and agricultural facilities such as farms, wineries, and dairies. The Company provides a full range of installation services to its solar energy customers including design, system engineering, procurement, permitting, construction, grid connection, warranty, system monitoring, and maintenance.

Company Growth (employees)
Roseville, US
Size (employees)
44 (est)
Sunworks was founded in 2010 and is headquartered in Roseville, US

Sunworks Office Locations

Sunworks has offices in Roseville, Rocklin, Durham, Rancho Cucamonga and in 6 other locations
Roseville, US (HQ)
100 1010 Winding Creek Rd
Rocklin, US
100 5814 Lonetree Blvd
Medford, US
2 E Barnett Rd
Reno, US
110 895 E Patriot Blvd
Tulare, US
3262 S K St
San Jose, US
5 5807 Winfield Blvd
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Sunworks Financials and Metrics

Sunworks Financials

Sunworks's revenue was reported to be $14.4 m in Q1, 2017

Revenue (Q1, 2017)

14.4 m

Gross profit (Q1, 2017)

2.8 m

Gross profit margin (Q1, 2017), %


Market capitalization (13-Oct-2017)

31.9 m

Closing share price (13-Oct-2017)


Cash (31-Mar-2017)

4.2 m
Sunworks's current market capitalization is $31.9 m.
USDY, 2013FY, 2014FY, 2015FY, 2016


20.2 m53.7 m86.4 m

Revenue growth, %


Cost of goods sold

14.6 m36.7 m64.3 m

Gross profit

5.6 m17 m22.1 m
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017


6.4 m5.7 m11 m19.7 m19.6 m31.5 m17.6 m14.4 m

Cost of goods sold

4.7 m3.7 m7.6 m14.4 m13.7 m22.2 m12.8 m11.6 m

Gross profit

1.7 m1.9 m3.5 m5.3 m5.8 m9.2 m4.7 m2.8 m

Gross profit Margin, %

USDFY, 2013FY, 2014FY, 2015FY, 2016


10.4 k414.1 k12 m11.1 m

Accounts Receivable

2 m7 m9.7 m


22.9 k1.3 m3.4 m

Current Assets

15.3 k4 m22.7 m28.6 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017


1.2 m1.3 m11.2 m9.3 m9.3 m6.4 m7.7 m6.7 m4.2 m

Accounts Receivable

811.7 k1.1 m2.5 m4.9 m6.7 m11.9 m16.1 m15.3 m11.5 m


13.4 k89.8 k36.5 k17 k402 k2.7 m2.4 m3.2 m4 m

Current Assets

4.4 m4.4 m16.2 m16.1 m18.6 m27.4 m40 m33.9 m23.7 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(3.8 m)(24.9 m)1.1 m(9.4 m)

Depreciation and Amortization

1.8 k10.2 k51 k323 k

Accounts Receivable

(1.5 m)(1.2 m)(2.7 m)


(22.9 k)(690 k)(2.1 m)
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(13.8 m)(1.4 m)(122 k)1.4 m(378 k)744 k(6.1 m)

Depreciation and Amortization

2.3 k5.3 k11 k10 k47 k101 k103 k

Accounts Receivable

1.1 m2.5 m4.9 m6.7 m11.9 m16.1 m15.3 m11.5 m


89.8 k36.5 k17 k402 k2.7 m2.4 m3.2 m4 m
USDY, 2017


326.1 k

Financial Leverage

2 x
Show all financial metrics

Sunworks Market Value History

Traffic Overview of Sunworks

Sunworks Online and Social Media Presence

Sunworks Company Life and Culture

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