For the 5th Time, SolarReviews Makes the Inc. 5000 List of Fastest Growing Companies!

Denver, CO, August 14, 2024—On August 13th, 2024, Inc. 5000 revealed that SolarReviews was named on their list of 2024’s fastest-growing companies—earning a spot on the list for the fifth year in a row! The Inc. 5000 class of 2024 represents companies that have driven rapid revenue growth while navigating inflationary pressure, rising capital costs, and seemingly intractable hiring challenges. 

Earning a spot year after year is no easy feat. To qualify for the 2024 ranking, companies needed to, among other things, be privately held and have sustained revenue growth from 2020-2023. Over that timeframe, SolarReviews revenue has grown by 150%. 

The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. Microsoft, Meta, Chobani, Under Armour, Timberland, Oracle, Patagonia, and many other household-name brands gained their first national exposure as honorees on the Inc. 5000. 

“The way the formula works for inclusion in the list is simple, sustained revenue growth over a two-year prior period. It is almost impossible to make the list five times in a row because, in the fifth year, you are competing against the revenue that was high enough to make the list in the third year,” says Andrew Sendy, founder and president of SolarReviews. “To do it in an industry like solar, which has suffered from significant headwinds in the last 18 months, is a credit to all the outstanding people who work for SolarReviews and our loyal customers”.

“One of the greatest joys of my job is going through the Inc. 5000 list,” says Mike Hofman, who recently joined Inc. as editor-in-chief. “To see all of the intriguing and surprising ways that companies are transforming sectors, from health care and AI to apparel and pet food, is fascinating for me as a journalist and storyteller. Congratulations to this year’s honorees, as well, for growing their businesses fast despite the economic disruption we all faced over the past three years, from supply chain woes to inflation to changes in the workforce.” 

SolarReviews began with the mission of bringing education and transparency to the residential solar industry and has grown to be the leading comparison shopping site for the industry. Its combination of an accurate online solar calculator and consumer reviews of almost all solar companies has made it a valuable resource for consumers considering solar panels for their homes.

The company has now expanded into the roofing and home services industry providing cost calculators for consumers considering reroofing, new windows and siding, and also bathroom and kitchen renovations.

About SolarReviews

SolarReviews is America’s leading independent website for reviews and comparisons of solar panel installation companies and residential solar panel brands since 2012. They offer consumer and expert reviews, specifications and warranty details, panel prices, and quote comparison tools that streamline the solar installation process and make it easy for homeowners. For more information, visit www.solarreviews.com.

More about Inc. and the Inc. 5000 

Methodology 

Companies on the 2024 Inc. 5000 are ranked according to percentage revenue growth from 2020 to 2023. To qualify, companies must have been founded and generating revenue by March 31, 2020. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2023. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2020 is $100,000; the minimum for 2023 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places. 

 About Inc. 

Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.’s award-winning work achieves a monthly brand footprint of more than 40 million across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since its launch as the Inc. 100 in 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers and credibility that helps them drive sales and recruit talent. For more information, visit www.inc.com. 

For more information on the Inc. 5000 Conference & Gala, to be held from October 16 to 18 in Palm Desert, California, please visit http://conference.inc.com/.