Vivint Solar is a company that designs, installs, and maintains cost-effective solar energy systems. It provides solar energy systems, batteries, electric vehicle chargers, and roofing solutions.

Employee Rating

3.3More
TypeSubsidiary
Parent CompanySunrun
HQLehi, UT, US
Founded2011
Websitevivintsolar.com
Cybersecurity ratingCMore
Vivint Solar was founded in 2011 and is headquartered in Lehi, UT, US
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Key People/Management at Vivint Solar

Paul Dickson

Paul Dickson

Chief Revenue Officer
Bill Blodgett

Bill Blodgett

Senior Vice President, Customer Operations
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Vivint Solar Office Locations

Vivint Solar has offices in Lehi, Albuquerque, American Fork, Bakersfield and in 3 other locations
Lehi, UT, US (HQ)
1800 Ashton Blvd
Albuquerque, NM, US
5600 Venice Ave NE
American Fork, UT, US
584 E 1100 S St #1
Bakersfield, CA, US
2501 Union Ave d
Beltsville, MD, US
12400 Kiln Ct
Bristol, PA, US
219 Rittenhouse Cir
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Vivint Solar Financials and Metrics

Summary Metrics

Founding Date

2011

Total Funding

$867 m
In total, Vivint Solar had raised $867 m. Vivint Solar is a subsidiary of Sunrun

Vivint Solar Revenue

Embed Graph
View revenue for all periods
Vivint Solar's revenue was reported to be $341.04 m in FY, 2019 which is a 17.5% increase from the previous period.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

268.0m290.3m341.0m

Revenue growth, %

8%17%

Cost of goods sold

89.0m83.4m258.5m

Gross profit

179.1m206.9m82.5m
Quarterly
USDQ3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

75.1m68.3m80.8m77.8m69.4m90.8m103.8m91.2m106.4m

Cost of goods sold

22.2m26.0m19.0m17.7m57.5m58.9m68.4m74.9m60.0m

Gross profit

53.0m42.2m61.8m60.1m11.9m31.9m35.4m16.3m46.4m

Gross profit Margin, %

70%62%76%77%17%35%34%18%44%
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

108.5m219.6m166.0m

Accounts Receivable

19.7m14.2m24.3m

Prepaid Expenses

34.0m31.2m41.1m

Inventories

22.6m13.3m20.6m
Quarterly
Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

8.5m(279.6m)(423.3m)

Depreciation and Amortization

61.2m69.6m81.9m

Inventories

(11.3m)9.3m(7.3m)

Accounts Payable

(93.0k)1.9m(1.0k)
Quarterly
USDQ3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Net Income

(130.2m)(61.4m)(120.1m)(192.8m)(89.2m)(176.9m)(298.0m)(125.3m)(209.7m)

Depreciation and Amortization

45.1m16.4m33.4m51.2m17.7m39.3m61.2m21.2m47.7m

Inventories

(8.5m)6.8m9.5m6.8m1.7m186.0k(470.0k)6.2m7.4m

Accounts Payable

874.0k374.0k1.9m941.0k1.9m516.0k2.0m5.1m713.0k
USDQ3, 2017

Debt/Equity

1.3 x

Debt/Assets

0.4 x

Financial Leverage

3.5 x
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Vivint Solar Operating Metrics

Aug, 2021

Customers

600 k

Price per Unit of Energy, KWhr

0.14

Solar System Size, KWs

7.5

Estimated Annual Solar Production

10.1 k
Show all operating metrics

Vivint Solar Acquisitions / Subsidiaries

Company NameDateDeal Size
SolmetricJanuary 23, 2014$12 m
Solmetric Corporation
Vivint Solar Aaliyah Manager, LLC
Vivint Solar Aaliyah Project Company, LLC
Vivint Solar ABL, LLC
Vivint Solar ABL Parent, LLC
Vivint Solar Asset 1 Class B, LLC
Vivint Solar Asset 1 Manager, LLC
Vivint Solar Asset 1 Owner, LLC
Vivint Solar Asset 1 Project Company, LLC
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Vivint Solar Cybersecurity Score

Cybersecurity ratingPremium dataset

C

79/100

SecurityScorecard logo

Vivint Solar Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Vivint Solar Online and Social Media Presence

Embed Graph

Vivint Solar Company Culture

  • Overall Culture

    C

    67/100

  • CEO Rating

    B+

    74/100

  • Compensation

    C-

    59/100

  • Diversity

    B+

    78/100

Learn more on Comparably

Vivint Solar News and Updates

Bragar Eagel & Squire, P.C. Announce Notice of Pendency of Class Action, Proposed Settlement, And Motion For Attorneys' Fees And Expenses For All Persons And Entities Who Purchased or Otherwise Acquired Vivint Solar, Inc., Common Stock

NEW YORK, Dec. 20, 2021 /PRNewswire/ -- IN THE UNITED STATES DISTRICT COURT DISTRICT OF UTAH, CENTRAL DIVISION IN RE VIVINT SOLAR, INC. SECURITIES LITIGATION Case No. 2:20-cv-919 (JNP)(CMR) Honorable Jill N. Parrish Magistrate Judge Cecilia M. Romero SUMMARY NOTICE OF PENDENCY OF CLASS...

Rigrodsky & Long, P.A. Files Class Action Suit Against Vivint Solar, Inc.

WILMINGTON, Del., Sept. 14, 2020 (GLOBE NEWSWIRE) -- Rigrodsky & Long, P.A. announces that it has filed a class action complaint in the United States District Court for the District of Delaware on behalf of holders of Vivint Solar, Inc. (“Vivint” or the “Company”) (NYSE: VSLR) common stock in …

Notice Of Class Action Lawsuit Filed Against Vivint Solar, Inc.

NEW YORK, Sept. 14, 2020 (GLOBE NEWSWIRE) -- Notice is hereby given pursuant to Section 21D of the Securities Exchange Act of 1934 (the “Exchange Act”), 15. U.S.C. §78u-4, that a class action lawsuit has been filed against Vivint Solar, Inc. (“Vivint”) (NYSE:VSLR) and certain of its officers and d…

Thinking about buying stock in Vivint Solar, Actinium Pharmaceuticals, Delta Air Lines, Sunesis Pharmaceuticals, or Novan Inc?

NEW YORK, July 27, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for VSLR, ATNM, DAL, SNSS, and NOVN. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....

Sunrun's CFO shares the 3 key reasons behind the solar firm's $3.2 billion bid to acquire top rival Vivint Solar (RUN)

Last Monday, the leading rooftop solar company, Sunrun, announced that it plans to buy rival Vivint Solar in an all-stock deal valued at $3.2 billion.  The merger would provide three key benefits to Sunrun, the company's CFO told Business Insider, including the opportunity to upsell batteries to a…

STOCKHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Vivint Solar, Inc. - VSLR

NEW YORK, July 15, 2020 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York City, is investigating Vivint Solar, Inc. ("Vivint" or the "Company") (NYSE: VSLR)...
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Vivint Solar Frequently Asked Questions

  • When was Vivint Solar founded?

    Vivint Solar was founded in 2011.

  • Who are Vivint Solar key executives?

    Vivint Solar's key executives are Paul Dickson and Bill Blodgett.

  • How many employees does Vivint Solar have?

    Vivint Solar has 2,998 employees.

  • What is Vivint Solar revenue?

    Latest Vivint Solar annual revenue is $341 m.

  • What is Vivint Solar revenue per employee?

    Latest Vivint Solar revenue per employee is $113.8 k.

  • Who are Vivint Solar competitors?

    Competitors of Vivint Solar include GRID Alternatives, American Electric Power and EDP Renewables North America.

  • Where is Vivint Solar headquarters?

    Vivint Solar headquarters is located at 1800 Ashton Blvd, Lehi.

  • Where are Vivint Solar offices?

    Vivint Solar has offices in Lehi, Albuquerque, American Fork, Bakersfield and in 3 other locations.

  • How many offices does Vivint Solar have?

    Vivint Solar has 7 offices.