v3.25.4
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Revenue:      
Total revenue $ 2,956,997 $ 2,037,719 $ 2,259,813
Operating expenses:      
Sales and marketing 709,253 617,162 740,821
Research and development 36,125 39,304 21,816
General and administrative 278,049 245,127 221,067
Goodwill impairment 0 3,122,168 1,158,000
Total operating expenses 3,083,126 5,732,926 4,238,456
Loss from operations (126,129) (3,695,207) (1,978,643)
Interest expense, net (996,782) (848,366) (652,989)
Other (expense) income, net (53,413) 161,539 (63,900)
Loss before income taxes (1,176,324) (4,382,034) (2,695,532)
Income tax benefit (167,218) (26,817) (12,691)
Net loss (1,009,106) (4,355,217) (2,682,841)
Net loss attributable to noncontrolling interests and
   redeemable noncontrolling interests (1,459,053) (1,509,050) (1,078,344)
Net income (loss) attributable to common stockholders $ 449,947 $ (2,846,167) $ (1,604,497)
Net income (loss) per share attributable to common stockholders      
Basic (in dollars per share) $ 1.96 $ (12.81) $ (7.41)
Diluted (in dollars per share) $ 1.71 $ (12.81) $ (7.41)
Weighted average shares used to compute net income (loss)
   per share attributable to common stockholders      
Basic (in shares) 229,809 222,215 216,642
Diluted (in shares) 264,465 222,215 216,642
Customer agreements and incentives      
Revenue:      
Total revenue $ 1,819,007 $ 1,505,227 $ 1,186,706
Operating expenses:      
Costs 1,282,357 1,169,213 1,077,114
Energy systems and product sales      
Revenue:      
Total revenue 1,137,990 532,492 1,073,107
Operating expenses:      
Costs $ 777,342 $ 539,952 $ 1,019,638

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