Sunworks’s Competitors, Revenue, Number of Employees, Funding, Acquisitions & News

Sunworks designs and installs photovoltaic solar systems for residential, commercial, agricultural and municipal sectors. Read more

Charles F. Cargile's photo - CEO of Sunworks

CEO

Charles F. Cargile

CEO Approval Rating

97/100

Founded:

2002

Status:

TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

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Renova Energy is seen as one of Sunworks's top competitors. Renova Energy was founded in 2006, and is headquartered in Palm Desert, California. Renova Energy operates in the Renewable Energy industry. Renova Energy generates $13.9M less revenue vs. Sunworks.

Strata Solar is a top competitor of Sunworks. Strata Solar was founded in 2009, and its headquarters is in Durham, North Carolina. Strata Solar competes in the Renewable Energy industry. Strata Solar has 142 more employees than Sunworks.

Nautilus is Sunworks's #3 rival. Nautilus was founded in Summit, New Jersey} in 2006. Nautilus is in the Renewable Energy field. Compared to Sunworks, Nautilus generates $45.1M less revenue.

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Competitor - 1/1

Is Vivint Solar a competitor of Sunworks?

Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$53.9M

Sunworks's revenue is the ranked lowest among it's top 10 competitors. The top 10 competitors average 271M. Over the last four quarters, Sunworks's revenue has decreased by 44.9%. Specifically, in Q2 2020's revenue was $9.7M; in Q1 2020, it was $12.4M; in Q4 2019, it was $14.4M; in Q3 2019, Sunworks's revenue was $17.5M.

Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
MD Energy, LLC

Nov 2014

Source »
undisclosed
-

-

-

Nov 2013

Source »
undisclosed
-

These are all the companies that Sunworks has acquired. Sunworks has acquired 2 companies and its latest acquisition was MD Energy, LLC in Nov 2014.

Sunworks Funding History

$140K$901K$1.2M$1.2M$13.2M$14.7M$17.5M

Since Sunworks was founded in 2002, it has participated in 18 rounds of funding. In total Sunworks has raised $17.5M. Sunworks' last funding round was on Apr 2020 for a total of $2.8M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt - PPP (CARES Act)
Apr 2020
$2.8M
-
Debt
Apr 2018
$1.5M
Equity
Jan 2016
$12M
-
Equity
Mar 2013
$15K
-
Equity
Oct 2012
$26.5K
-

Total Funding: $17.5M

Since Sunworks was founded in 2002, it has participated in 18 rounds of funding. In total Sunworks has raised $17.5M. Sunworks' last funding round was on Apr 2020 for a total of $2.8M

Investments

No recent investments found related to Sunworks

Sunworks News

August 14, 2020Picante Today

Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Sunworks, Inc. - SUNW

NEW ORLEANS-(BUSINESS WIRE)-Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the l... See more »
August 12, 2020Zacks

Sunworks (SUNW) Declines 32% Following Q2 Earnings Miss

Sunworks' (SUNW) second-quarter revenues plunge 48.2% from the prior-year quarter's figure, led by re... See more »
August 11, 2020The Business Journals: Sacramento

Sunworks to be acquired in $14.1 million all-stock transaction

Roseville-based Sunworks Inc. is being bought by a solar company based in Vermont.... See more »
August 10, 2020Zacks

Sunworks, Inc. (SUNW) Reports Q2 Loss, Lags Revenue Estimates

Sunworks, Inc. (SUNW) delivered earnings and revenue surprises of -80.00% and -17.35%, respectively, ... See more »
July 28, 2020Zolmax News

Comparing Lattice (OTCMKTS:LTTC) and Sunworks (OTCMKTS:SUNW)

Lattice (OTCMKTS:LTTC) and Sunworks (NASDAQ:SUNW) are both computer and technology companies, but whi... See more »
June 3, 2020Market Exclusive

SUNWORKS, INC. (NASDAQ:SUNW) Files An 8-K Changes in Registrant's Certifying Accountant

On June 1, 2020 (the “Dismissal Date”), the Board of Directors (the “Board”) of Sunworks, Inc. (the “... See more »

Sunworks Blogs

May 15, 2018Sunworks Blog

Sunworks Reports First Quarter 2018 Results

New Bookings Increase 45.9% Year-over-Year to $37.5 Million ROSEVILLE, Calif., May 15, 2018 (GLOBE NE... See more »
March 28, 2018Sunworks Blog

Sunworks Reports 2017 Fourth Quarter and Full-Year Results

ROSEVILLE, Calif., March 28, 2018 (GLOBE NEWSWIRE) - Sunworks, Inc. (Nasdaq:SUNW), a provider of sola... See more »
March 8, 2018Sunworks Blog

Sunworks Provides Update on 2017 Full Year Results and Expectations for 2018

Announces Participation in the 30th Annual ROTH Conference on March 12th Company Schedules Fourth-Qua... See more »
January 31, 2018Sunworks Blog

ABC 10: What President Trump’s Tariffs Mean for Solar

President Trump says his new 30 percent tariff on imported solar panels will result in a lot of Ameri... See more »
November 29, 2017Sunworks Blog

Sunworks to Present at LD Micro 10th Annual Main Event on December 5th

ROSEVILLE, CA / ACCESSWIRE / November 28, 2017 / Sunworks, Inc. (NASDAQ: SUNW), a premier provider of... See more »
October 18, 2017Sunworks Blog

Uptick Network Interviews Sunworks CEO

Roseville, CA, Oct. 18, 2017 (GLOBE NEWSWIRE) - Sunworks, Inc. (NASDAQ: SUNW), a premier provider of ... See more »
August 16, 2017Sunworks Blog

ForeFront Power and Los Altos SD partner to deliver solar across nine schools to save millions

SAN FRANCISCO, Aug. 16, 2017 /PRNewswire/ - ForeFront Power and Los Altos School District (LASD) in C... See more »

Sunworks Press Releases

April 30, 2020centralcharts

Sunworks Secures $2.8 Million Loan Under Paycheck Protection Program Provision of CARES Act

ROSEVILLE, Calif., April 30, 2020 (GLOBE NEWSWIRE) -- Sunworks, Inc., (NASDAQ:SUNW) a provider of sol... See more »
March 23, 2020centralcharts

Sunworks Provides Business Update Amidst Rapidly Evolving COVID-19 Pandemic

--- Implements Temporary Cost Reduction Measures Resulting in Expected Savings of $400,000 per Month ... See more »
October 23, 2019centralcharts

Sunworks, Inc. - SUNW Stock Chart Technical Analysis for 10-23-2019

News videos - Sunworks, Inc. - SUNW Stock Chart Technical Analysis for 10-23-2019 - Published on 10/2... See more »
August 2, 2019GlobeNewswire

Sunworks Reports Second Quarter 2019 Results

--Reports Positive Operating Income--ROSEVILLE, Calif., Aug. 02, 2019 (GLOBE NEWSWIRE) -- Sunworks, I... See more »
June 27, 2019GlobeNewswire

Sunworks Awarded Key Follow-On Order with Customer in Northeast Region

New Jersey based Cibao Meat Products commissions Sunworks to install an additional 200kW of solar to ... See more »
June 11, 2019GlobeNewswire

Sunworks Set To Join Russell Microcap® Index

ROSEVILLE, Calif., June 11, 2019 (GLOBE NEWSWIRE) -- Sunworks, Inc. (Nasdaq: SUNW), a premier provide... See more »
May 14, 2019LD Micro

Sunworks Reports First Quarter of 2019 Results

Sunworks, Inc. (Nasdaq: SUNW), a provider of solar power solutions for agriculture, commercial and in... See more »

Sunworks Videos

February 27, 2017Sunworks Youtube Channel

"Sunworks Launch Party Close" on YOUTUBE

January 30, 2017Sunworks Youtube Channel

"Sunworks Solar Power" on YOUTUBE

August 25, 2016Sunworks Youtube Channel

"Rolling Hills Goes Solar!" on YOUTUBE

August 17, 2016Sunworks Youtube Channel

"Should I Go Solar?" on YOUTUBE

August 17, 2016Sunworks Youtube Channel

"The Sunworks Experience" on YOUTUBE

Social Statistics

Headquarters

1030 Winding Creek Road Suite 100

Roseville, California95678

866-600-6800

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Summary

ABOUT

Overview

Sunworks designs and installs photovoltaic solar systems for residential, commercial, agricultural and municipal sectors. Sunworks was founded in 2002. Sunworks' headquarters is located in Roseville, California, USA 95678. It has raised 17.5M in 18 ro...

CEO

Sunworks's CEO, Charles F. Cargile, currently has an approval rating of 97%. Sunworks's primary competitors are Renova Energy, Strata Solar & Nautilus.

Website

sunworksusa.com

Frequently Asked Questions about Sunworks

  1. When was Sunworks founded?

    Sunworks was founded in 2002
  2. Who is Sunworks's CEO?

    Sunworks's CEO is Charles F. Cargile
  3. How much revenue does Sunworks generate?

    Sunworks generates $53.9M in revenue
  4. How much funding does Sunworks have?

    Sunworks has historically raised $17.5M in funding
  1. Where is Sunworks's headquarters?

    Sunworks's headquarters is in Roseville California, USA
  2. How many employees does Sunworks have?

    Sunworks has 208 employees
  3. What sector does Sunworks operate in?

    Sunworks is in Renewable Energy Equipment & Services
  4. Who are Sunworks's competitors?

    Sunworks's top competitors are Renova Energy, Strata Solar, Nautilus