The company has not filed an annual or quarterly report since its FY2016 10-K, filed Mar 1, 2017. Its latest SEC filing is a ABS-15G from Nov 30, 2017.
10-K for FY2016, filed Mar 1, 2017
The sections below describe the company as of the FY2016 annual report.
Provides solar electricity and installs solar and energy-storage systems for homeowners, businesses, and public and educational institutions.
10-K for FY2016, filed Mar 1, 2017
SolarLease customers pay a fixed monthly fee, while SolarPPA customers pay based on the electricity produced. Lease revenue is spread over the lease term, and PPA revenue follows energy production.
10-K for FY2016, filed Mar 1, 2017
$730.3M
10-K for FY2016, filed Mar 1, 2017
$730.3M ↗
Homeowners, businesses, schools and universities, and government entities use SolarCity for solar energy and related systems. SolarCity says it provides renewable energy directly to customers.
10-K for FY2016, filed Mar 1, 2017
Yes. It kept 33 cents of every revenue dollar as net income in FY2016.
10-K for FY2016, filed Mar 1, 2017
Grew. Revenue grew 5.8x in 4 years, from $126.9M in FY2012 to $730.3M in FY2016, about 55% a year.
Solar system sales
The older report centers on selling renewable energy through leases and power purchase agreements. The latest report also describes cash sales and customer-financed system purchases, with Solar Loans replacing MyPower contracts.
10-K for FY2013, filed Mar 18, 2014 10-K for FY2016, filed Mar 1, 2017
Competes with Vivint Solar, Sunrun, Trinity Solar, Sungevity, SunPower, Safari Energy, Greenskies Renewable Energy, and Borrego Solar Systems
10-K for FY2016, filed Mar 1, 2017We also compete with companies that provide products and services in distinct segments of the downstream solar energy and energy-related…View ↗
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