---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-127455"
form_type: "8-K"
ticker: null
cik: "0001772695"
company_name: "Sunnova Energy International Inc."
filed_at: "2024-05-01T23:59:59+00:00"
generated_at: "2026-06-03T03:08:06.662177+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Sunnova Q1 net loss narrows to $90.1M; lowers 2024 customer add guidance; CFO to depart

## Summary
- Revenue $160.9M (down $0.8M YoY); net loss $90.1M vs $110.3M; Adj EBITDA $46.4M vs $14.6M.
- Lowered 2024 customer additions guidance to 140,000-150,000; reaffirmed Adj EBITDA $350-$450M.
- CFO Robert Lane to resign by June 30 or upon appointment of successor; severance terms apply.
- Selected as exclusive national solar and battery storage services provider for The Home Depot.
- Unrestricted cash increased $18.9M in Q1; total cash $487.5M including restricted cash.

## SEC filing metadata
- accession: 0001193125-24-127455
- form_type: 8-K
- cik: 0001772695
- company_name: Sunnova Energy International Inc.
- filed_at: 2024-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1772695/000119312524127455/0001193125-24-127455-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1772695/000119312524127455/d776416d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-127455
- JSON: https://secwatch.observer/filing/0001193125-24-127455.json
- Plain text: https://secwatch.observer/filing/0001193125-24-127455.txt

## Key facts
- Earnings Releases
  Sunnova Energy International Inc. reported the first quarter ended March 31, 2024 results: revenue $160.9 million, net income net loss of $90.1 million. Guidance lowered.
  - Period: the first quarter ended March 31, 2024
  - Revenue: $160.9 million
  - Net income: net loss of $90.1 million
  - Guidance: lowered
  - Result: reported results
  source text: to increase our cash efficiency, giving us conviction in our cash generation outlook for 2025 and beyond.” First Quarter 2024 Results Revenue decreased by $0.8 million to $160.9 million for the three months ended March 31, 2024, compared to $161.7 million for the three months ended March 31, 2023. This decrease was driven largely by $36.3 million of lower
  evidence_url: https://www.sec.gov/Archives/edgar/data/1772695/000119312524127455/0001193125-24-127455-index.htm
- Executive change
  Robert Lane resigned as Executive Vice President, Chief Financial Officer at Sunnova Energy International Inc..
  - Action: resigned
  - Role: Executive Vice President, Chief Financial Officer
  source text: On April 29, 2024, Sunnova and Mr. Robert. Lane, Executive Vice President, Chief Financial Officer, confirmed the terms of Mr. Lane’s separation of employment following Mr. Lane’s expression of an intention to resign to pursue other opportunities.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1772695/000119312524127455/0001193125-24-127455-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.