Vivint Solar

Vivint Solar is a leading provider of simple, affordable solar solutions and one of the fastest growing residential solar power providers in North America. As an early adopter of the power purchase agreement (PPA) model, Vivint Solar designs, installs, and maintains cost-effective solar energy systems, allowing consumers to enjoy the benefits of solar with little to no up-front costs. The company is dedicated to providing superior service and support while helping consumers save money, gain energy independence, and go green.
Company Growth (employees)
Type
Public
HQ
Lehi, US
Founded
2011
Size (employees)
3,001 (est)
Vivint Solar was founded in 2011 and is headquartered in Lehi, US

Key People/Management at Vivint Solar

Chance Allred

Chance Allred

Vice President of Sales

Vivint Solar Office Locations

Vivint Solar has offices in Lehi, Mesa, Bakersfield, North Haven and in 8 other locations
Lehi, US (HQ)
1800 Ashton Blvd
Bakersfield, US
d 2501 Union Ave
Beltsville, US
g 12400 Kiln Ct
Kailua-Kona, US
73-5590 Kauhola St
Mesa, US
236 S. Mulberry Street, Ste 102
North Haven, US
c 50 Devine St
Show all (12)

Vivint Solar Financials and Metrics

Vivint Solar Financials

Vivint Solar's revenue was reported to be $135.2 m in FY, 2016
USD

Revenue (Q2, 2017)

73 m

Net income (Q2, 2017)

(37.1 m)

EBIT (Q2, 2017)

(14.3 m)

Market capitalization (11-Dec-2017)

412.2 m

Cash (30-Jun-2017)

115.6 m

EV

1.2 b
Vivint Solar's current market capitalization is $412.2 m.
USDFY, 2014FY, 2015FY, 2016

Revenue

109 k64.2 m135.2 m

Revenue growth, %

58783%111%

Sales and marketing expense

533 k48.1 m41.4 m

R&D expense

1.9 m3.9 m3 m
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

9.5 m16.1 m22.5 m17.2 m34.9 m41.3 m53.1 m73 m

Sales and marketing expense

6.4 m18.7 m12.1 m12.6 m10.8 m8.6 m8.8 m9.4 m

R&D expense

582 k920 k1 m1.2 m144 k842 k896 k895 k

General and administrative expense

18.6 m31.4 m22 m22.9 m18.1 m19 m20.6 m20.3 m
USDFY, 2014FY, 2015FY, 2016

Cash

261.6 m92.2 m96.6 m

Accounts Receivable

1.8 m3.6 m12.7 m

Inventories

774 k631 k11.3 m

Current Assets

281.1 m113.6 m167.2 m
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

194.2 m152.2 m81.8 m87.2 m69.6 m113 m150.5 m115.6 m

Accounts Receivable

3.4 m5.4 m5.5 m7 m11.9 m12.1 m17.1 m21.7 m

Inventories

772 k342 k472 k1.5 m3.9 m6.5 m13.4 m16.1 m

Current Assets

218.2 m178.2 m108.6 m115.8 m101.4 m151.1 m201.1 m179.9 m
USDFY, 2014FY, 2015FY, 2016

Net Income

(3.3 m)(253.3 m)(242.5 m)

Depreciation and Amortization

18 k24.9 m46.8 m

Accounts Receivable

(52 k)(1.8 m)(9 m)

Inventories

(195 k)143 k(10.7 m)
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

(60 m)(89.7 m)(50.3 m)(105.6 m)(52.3 m)(197.1 m)(55.5 m)(92.5 m)

Depreciation and Amortization

3.8 m3.7 m3.7 m265 k155 k32.4 m14.2 m29 m

Accounts Receivable

3.4 m5.4 m5.5 m7 m11.9 m(8.4 m)(4.5 m)(9 m)

Inventories

772 k342 k472 k1.5 m3.9 m(5.9 m)(2.1 m)(4.9 m)
Y, 2017

EV/EBIT

-81.2 x

EV/CFO

-86.7 x

Financial Leverage

4 x
Show all financial metrics

Vivint Solar Market Value History

Vivint Solar's Web-traffic and Trends

Vivint Solar Online and Social Media Presence

Vivint Solar News and Updates

Vivint Solar Continues Rebuild With Solid 3rd Quarter

US residential solar installer Vivint Solar has reported yet another solid quarter this week, revealing installations and revenue remained relatively unchanged from previous quarters in its continued efforts to bounce back after a torturous 2016. 

Vivint Solar Continues Expansion With Move Into Virginia

One of the United States' leading residential solar installers, Vivint Solar, has continued what is turning out to be an impressive year of expansion, by announcing that it has expanded into the state of Virginia.  Vivint Solar Continues Expansion With Move Into Virginia was originally published on …

Vivint Solar Continues Huge Month With Expansion Into Vermont

It's been a huge month for Vivint Solar, one of the United States' leading residential solar providers, and it continues the upward momentum this week, announcing that it will be expanding its services into Vermont.  Vivint Solar Continues Huge Month With Expansion Into Vermont was originally publis…

Vivint Solar Relaunches Residential Solar Services In Nevada

Vivint Solar, one of the United States' leading residential solar companies, announced on Thursday that it would be relaunching its residential services in Nevada after a two-year absence. Vivint Solar Relaunches Residential Solar Services In Nevada was originally published on CleanTechnica. To re…

Vivint Solar Expands Into Colorado

Just two days after US solar installer Vivint Solar announced that it had acquired $100 million in its latest round of financing, the company announced that it was expanding its residential services into Colorado. Vivint Solar Expands Into Colorado was originally published on CleanTechnica. To rea…

Vivint Solar Company Life and Culture

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