v3.22.2.2
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenue:        
Total revenue $ 631,906 $ 438,765 $ 1,712,270 $ 1,174,725
Operating expenses:        
Sales and marketing 193,992 171,462 556,346 442,174
Research and development 4,398 5,602 16,794 16,624
General and administrative 47,099 51,290 140,126 199,836
Amortization of intangible assets 1,341 1,341 4,023 4,029
Total operating expenses 768,151 576,690 2,185,272 1,632,944
Loss from operations (136,245) (137,925) (473,002) (458,219)
Interest expense, net (117,214) (89,096) (312,513) (238,365)
Other income (expenses), net 97,953 (4,332) 263,784 18,462
Loss before income taxes (155,506) (231,353) (521,731) (678,122)
Income tax expense (benefit) 0 9,980 0 (19,058)
Net loss (155,506) (241,333) (521,731) (659,064)
Net loss attributable to noncontrolling interests and redeemable noncontrolling interests (366,066) (265,462) (632,087) (618,160)
Net income (loss) attributable to common stockholders $ 210,560 $ 24,129 $ 110,356 $ (40,904)
Net income (loss) per share attributable to common stockholders        
Basic (in dollars per share) $ 0.99 $ 0.12 $ 0.52 $ (0.20)
Diluted (in dollars per share) $ 0.96 $ 0.11 $ 0.51 $ (0.20)
Weighted average shares used to compute net income (loss) per share attributable to common stockholders        
Basic (in shares) 212,696 206,103 210,609 204,355
Diluted (in shares) 220,850 213,016 218,662 204,355
Customer agreements and incentives        
Revenue:        
Total revenue $ 271,211 $ 231,869 $ 740,789 $ 625,939
Operating expenses:        
Costs 209,539 174,457 613,878 512,073
Solar energy systems and product sales        
Revenue:        
Total revenue 360,695 206,896 971,481 548,786
Operating expenses:        
Costs $ 311,782 $ 172,538 $ 854,105 $ 458,208

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