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Sunnova Energy International Inc. (NOVA)
NYSE: NOVA · Real-Time Price · USD
2.570
-0.250 (-8.87%)
At close: Jan 31, 2025, 4:02 PM
2.590
+0.020 (0.77%)
After-hours: Jan 31, 2025, 7:59 PM EST

NOVA Revenue by Segment
Period Ending Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022
Customer Agreements and Incentives
157.54M 145.18M 101.63M 95.29M 108.19M 101.86M 72.80M 68.62M
Customer Agreements and Incentives Growth
45.61% 42.54% 39.59% 38.87% 32.34% - - -
Solar Energy System and Product Sales
77.76M 74.41M 59.28M 98.89M 90.21M 64.52M 88.90M 126.97M
Solar Energy System and Product Sales Growth
-13.80% 15.33% -33.32% -22.11% 33.42% - - -

Operating Metrics

Period Ending Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022
Number of Customers
422.72K 403.73K 438.52K 419.24K 386.24K 348.57K 309.29K 279.36K
Number of Customers Growth
9.44% 15.83% 41.78% 50.07% 56.64% - - -
Kilowatts Deployed Per Customer
7.10 7.60 8.60 8.00 7.80 7.90 7.90 7.30
Kilowatts Deployed Per Customer Growth
-8.97% -3.80% 8.86% 9.59% 8.33% - - -

Customer Agreements and Incentives Revenue Breakdown
Period Ending Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022
Lease
214.87M 190.54M 167.00M 147.79M 131.82M 119.77M 109.63M 100.07M
Lease Growth
63.00% 59.09% 52.33% 47.68% 43.70% - - -
PPA
166.20M 148.61M 131.98M 123.65M 119.53M 113.12M 105.12M 104.56M
PPA Growth
39.04% 31.38% 25.54% 18.25% 17.32% - - -
SREC
54.24M 50.68M 50.99M 50.38M 50.51M 50.61M 50.25M 48.70M
SREC Growth
7.38% 0.13% 1.49% 3.44% 5.09% - - -
Loan
45.83M 42.55M 38.75M 34.72M 30.56M 26.29M 22.37M 18.60M
Loan Growth
49.98% 61.86% 73.23% 86.64% 99.07% - - -
Service
12.74M 13.30M 13.42M 16.20M 13.85M 10.25M 7.35M 4.18M
Service Growth
-7.99% 29.74% 82.67% 287.67% 326.94% - - -
Other
5.76M 4.61M 4.83M 5.41M 5.20M 4.99M 4.85M 4.69M
Other Growth
10.77% -7.60% -0.56% 15.41% 11.99% - - -
Source: Business metrics provided by Main Street Data and sourced from official company press releases and documents.