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Private company

Proterra Inc

American motor vehicles and passenger car bodies company1

In its 2023 annual report the company says: “Proterra’s mission is to advance electric vehicle technology to deliver the world’s best performing commercial vehicles.”65 It is headquartered in Greer, South Carolina.1

Last updated Oct 21, 2026.

Overview

  • IndustryMotor Vehicles & Passenger Car Bodies1
  • HeadquartersGreer, South Carolina1
  • Incorporated inDE2
  • Business address504 Pennsylvania Avenue, Po Box 2205, Greer, Sc 296522
  • Filer categoryLarge accelerated filer2

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2022

-7.8%Gross margin3
-71.4%Operating margin3
-76.9%Net margin3
27.4%Revenue growth, 20223
-46.0%Return on equity3
0.00×Debt to equity3
-$356.1MFree cash flow3

Where the money goes

Where each dollar of revenue went, fiscal 2022

  • Cost of revenue63¢$333.4M
  • Research and development12¢$63.6M
  • Selling, general and admin25¢$133.2M

Out of $309.4M in revenue.3 The company lost money this year.

Financial statements

Revenue43$309.4M in 2022+71% since 2019
0$100.0M$200.0M$300.0M$400.0M2019: $181.3M$181.3M20192020: $196.9M$196.9M2020+9%2021: $242.9M$242.9M2021+23%2022: $309.4M$309.4M2022+27%
Gross profit43-$24.0M in 2022+1389% since 2019
-$30.0M-$20.0M-$10.0M0$10.0M2019: -$1.6M-$1.6M20192020: $7.5M$7.5M20202021: $2.1M$2.1M2021−73%2022: -$24.0M-$24.0M2022
Operating income43-$220.9M in 2022+122% since 2019
-$300.0M-$200.0M-$100.0M02019: -$99.7M-$99.7M20192020: -$96.0M-$96.0M2020−4%2021: -$127.6M-$127.6M2021+33%2022: -$220.9M-$220.9M2022+73%
Net income43-$237.9M in 2022+134% since 2019
-$300.0M-$200.0M-$100.0M02019: -$101.6M-$101.6M20192020: -$127.0M-$127.0M2020+25%2021: -$250.0M-$250.0M2021+97%2022: -$237.9M-$237.9M2022−5%
Fiscal year20182019202020212022
Revenue$181.3M4$196.9M3$242.9M3$309.4M3
Cost of revenue$182.9M4$189.4M3$240.8M3$333.4M3
Gross profit-$1.6M4$7.5M3$2.1M3-$24.0M3
Research and development$35.5M4$36.2M3$43.8M3$63.6M3
Selling, general and admin$56.1M4$67.1M3$85.8M3$133.2M3
Operating expenses$129.7M3$196.9M3
Operating income-$99.7M4-$96.0M3-$127.6M3-$220.9M3
Income before tax-$250.0M3-$237.9M3
Income tax$04$22.0K3$16.0K3$03
Net income-$101.6M4-$127.0M3-$250.0M3-$237.9M3
Earnings per share-$28.084-$28.963-$2.073-$1.063
Earnings per share (diluted)-$28.084-$28.963-$2.073-$1.083
Shares (weighted, basic)120.9M shares3224.3M shares3
Shares (weighted, diluted)120.9M shares3249.2M shares3

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Corporate structure

Proterra Inc sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Proterra Inc

  • Proterra Inc Greer, South Carolina

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Proterra Inc reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Operating-lease assets (leased space)$20.3M3 Dec 31, 2022$24.3M3 Dec 31, 2021−16.5%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$73.7M3 Dec 31, 2022$170.0M3 Dec 31, 2021−56.7%
Marketable securities, current$224.4M3 Dec 31, 2022$491.0M3 Dec 31, 2021−54.3%
Debt securities available for sale$491.0M4 Dec 31, 2021$69.0M4 Dec 31, 2020+611.6%
Long-term investments$26.6M3 Dec 31, 2022

Inventory

ItemLatestA year beforeChange
Inventory, total$169.6M3 Dec 31, 2022$114.6M3 Dec 31, 2021+48.0%
Raw materials$127.2M3 Dec 31, 2022$65.2M3 Dec 31, 2021+95.0%
Work in process$21.2M3 Dec 31, 2022$25.1M3 Dec 31, 2021−15.6%
Finished goods$13.5M3 Dec 31, 2022$18.3M3 Dec 31, 2021−26.0%

Leadership

Who has led Proterra Inc, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. John Frederick Erhard2020
  2. Gareth T. Joyce2022–2024

Chair

  1. Daniel R. Revers2020

President

  1. John Frederick Erhard2020
  2. Gareth T. Joyce2021–2024
  3. Julian R. Soell2022–2023

Chief financial officer

  1. Marco F. Gatti2020
  2. Amy E. Ard2021
  3. Andrew J. Cederoth2021
  4. Karina F. Padilla2022–2023
  5. David S. Black2023
  6. Justin D. Pugh2024

Chief operating officer

  1. Kerrick S. Knauth2020
  2. Joshua P. Ensign2021
2025
Board members and other officers (20)

Former names

  • ArcLight Clean Transition Corp.Aug 10, 2020 to Jun 16, 20212

Timeline

  1. Mar 14, 20248-K Ended a material agreement; Bankruptcy or receivership; Unregistered sale of shares38
  2. Mar 8, 20248-K Bankruptcy or receivership; Other events39
  3. Feb 22, 20248-K Regulation FD disclosure40
  4. Feb 13, 20248-K Entered a material agreement; Regulation FD disclosure41
  5. Feb 8, 20248-K Other events42
  6. Feb 1, 20248-K Completed an acquisition or sale; Executive or director change; Other events43
  7. Jan 29, 20248-K Regulation FD disclosure; Other events44
  8. Jan 25, 20248-K Regulation FD disclosure45
  9. Jan 23, 20248-K Regulation FD disclosure46
  10. Jan 17, 20248-K Regulation FD disclosure47
  11. Jan 12, 20248-K Entered a material agreement; Other events48
  12. Jan 4, 20248-K Entered a material agreement; Regulation FD disclosure49
  13. Feb 22, 2022New chief executive Gareth T. Joyce becomes CEO7
  14. Nov 4, 2020New chief executive John Frederick Erhard becomes CEO8

Calendar

When it reported results

  1. May 9, 2023Reported quarterly or annual results50
  2. Mar 15, 2023Reported quarterly or annual results51
  3. Nov 2, 2022Reported quarterly or annual results52
  4. Aug 2, 2022Reported quarterly or annual results53
  5. May 4, 2022Reported quarterly or annual results54
  6. Mar 1, 2022Reported quarterly or annual results55
  7. Nov 10, 2021Reported quarterly or annual results56

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

210 filings to the SEC since October 2021: 3 annual reports, 7 quarterly reports, 55 major events, 77 insider forms, 11 large holders, 57 other. The latest 20:

  1. Mar 14, 202415-12G EDGAR
  2. Mar 14, 20248-K EDGAR
  3. Mar 13, 20244 OWNERSHIP DOCUMENT EDGAR
  4. Mar 13, 20244 OWNERSHIP DOCUMENT EDGAR
  5. Mar 13, 20244 OWNERSHIP DOCUMENT EDGAR
  6. Mar 13, 20244 OWNERSHIP DOCUMENT EDGAR
  7. Mar 13, 20244 OWNERSHIP DOCUMENT EDGAR
  8. Mar 13, 20244 OWNERSHIP DOCUMENT EDGAR
  9. Mar 13, 20244 OWNERSHIP DOCUMENT EDGAR
  10. Mar 13, 20244 OWNERSHIP DOCUMENT EDGAR
  11. Mar 13, 20244 OWNERSHIP DOCUMENT EDGAR
  12. Mar 8, 20248-K EDGAR
  13. Mar 1, 2024S-8 POS AMENDMENT NO. 1 EDGAR
  14. Mar 1, 2024S-8 POS AMENDMENT NO. 1 EDGAR
  15. Mar 1, 2024S-8 POS AMENDMENT NO. 1 EDGAR
  16. Feb 22, 20248-K EDGAR
  17. Feb 13, 20248-K EDGAR
  18. Feb 9, 20243 OWNERSHIP DOCUMENT EDGAR
  19. Feb 8, 20248-K EDGAR
  20. Feb 1, 20248-K EDGAR

The 210 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

14 open-market trades by officers, directors and large owners since October 2021: 0 buys and 14 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jan 2, 2024Joyce Gareth TCEO and PresidentSale16,643$0.02$333Form 4
Sep 25, 2023Joyce Gareth TCEO and PresidentSale18,925$0.05$946Form 4
Aug 25, 2023Joyce Gareth TCEO and PresidentSale2,283$0.07$160Form 4
May 26, 2023Soell Julian RPresident, Proterra TransitSale21,410$1.14$24.4KForm 4
May 26, 2023Bailey Christopher LPresident, Powered & EnergySale3,742$1.14$4.3KForm 4
Mar 27, 2023Covington JoAnnChief Legal Officer, SecySale9,112$1.51$13.8KForm 4
Mar 27, 2023Padilla Karina FChief Financial OfficerSale9,192$1.51$13.9KForm 4
Mar 27, 2023Bailey Christopher LPresident, Powered & EnergySale9,535$1.51$14.4KForm 4
Jan 26, 2023Padilla Karina FChief Financial OfficerSale9,574$4.87$46.7KForm 4
Jan 23, 2023Joyce Gareth TCEO and PresidentSale22,534$5.01$112.9KForm 4
Nov 14, 2022Covington JoAnnChief Legal Officer, SecySale52,446$7.51$393.9KForm 4
Sep 2, 2022Covington JoAnnChief Legal Officer, SecySale3,492$6.09$21.3KForm 4
Aug 26, 2022Joyce Gareth TCEO and PresidentSale3,395$6.25$21.2KForm 4
May 26, 2022Bailey Christopher LPresident, Powered & EnergySale3,746$6.04$22.6KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Proterra Inc is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARProterra Inc1
  • CIK0001820630
  • Employer ID (EIN)90-20995651
  • Filer statusLarge accelerated filer1
  • Incorporated inDelaware1
  • Fiscal year endsDecember 311
  • Industry code (SIC)3711 Motor Vehicles & Passenger Car Bodies1
  • SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance1
  • Business address504 Pennsylvania Avenue, Po Box 2205, Greer, SC 296521
  • Phone(303) 689-88551
  • Shares outstanding228,200,000 as of Nov 2, 20236
  • Public float$900.0M as of Jun 30, 202264
  • On EDGAR sinceAug 10, 20201
  • Filings352 in all: 4 (105), 8-K (73), 3 (33), 424B3 (29), 425 (12), 10-Q (10), EFFECT (10), CORRESP (8)1
    All 36 form types

    SC 13G (8), SC 13G/A (8), 4/A (5), POS AM (5), UPLOAD (5), 10-K (3), 25-NSE (3), DEF 14A (3), S-1 (3), S-8 (3), S-8 POS (3), 10-K/A (2), 8-K/A (2), DEFA14A (2), NT 10-K (2), S-1/A (2), S-4/A (2), 15-12G (1), 3/A (1), 424B4 (1), 8-A12B (1), CERT (1), DRS (1), PRE 14A (1), S-3 (1), S-3/A (1), S-4 (1), SD (1)

  • Latest filingsAnnual report (10-K) Mar 17, 2023
    Quarterly report (10-Q) Nov 6, 2023
    Proxy statement (DEF 14A) May 22, 2023
    Latest 8-K (8-K) Mar 14, 2024

Sources

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