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Sunrun Inc.

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Key Metrics

Previous Close: $9.80
52-Week Range: $8.61 – $22.44
Market Cap: $2.23B
P/E (TTM): 6.37
EPS (TTM): 1.47
Dividend Yield: —

Advanced Metrics

Price/Book: 0.66
PEG Ratio: 3.07
Return on Equity: -19.86%
Return on Assets: 0.26%
Gross Margin: 35.29%
Operating Margin: 4.00%
Profit Margin: 11.59%
Current Ratio: 1.42
Debt/Equity: 2.93
Total Debt: $15.23B
Free Cash Flow: $-1.97B
Revenue Growth: 52.80%
Earnings Growth: -60.70%
Enterprise Value: $18.58B

RUN Income statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Revenue	$2.32B	$2.26B	$2.04B	$2.96B
Cost of Revenue	$2.02B	$2.10B	$1.71B	$2.06B
Gross Profit	$298.71M	$163.06M	$328.55M	$897.30M
Research & Development	$20.91M	$21.82M	$39.30M	$36.13M
Selling, General & Admin	$940.00M	$961.89M	$862.29M	$987.30M
Operating Expenses	$960.90M	$983.70M	$901.59M	$1.02B
Operating Income	-$662.19M	-$820.64M	-$573.04M	-$126.13M
EBITDA	$49.51M	-$1.51B	-$2.91B	$546.04M
Pretax Income	-$847.35M	-$2.70B	-$4.38B	-$1.18B
Income Tax	$2.29M	-$12.69M	-$26.82M	-$167.22M
Net Income	$173.38M	-$1.60B	-$2.85B	$449.95M
Diluted EPS	0.80	-7.41	-12.81	1.71
Diluted Shares	219.16M	216.64M	222.22M	264.46M

RUN Balance Sheet statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Cash & Equivalents	$740.51M	$678.82M	$574.96M	$823.38M
Receivables	$214.25M	$172.00M	$170.71M	$262.63M
Inventory	$783.90M	$459.75M	$402.08M	$501.29M
Current Assets	$2.10B	$1.88B	$1.72B	$2.16B
Total Assets	$19.27B	$20.45B	$19.90B	$22.61B
Current Liabilities	$1.16B	$1.49B	$1.33B	$1.30B
Long-Term Debt	$8.24B	$10.12B	$12.67B	$14.42B
Total Debt	$8.76B	$11.09B	$13.02B	$14.78B
Total Liabilities	$11.09B	$13.54B	$15.73B	$17.63B
Retained Earnings	$170.80M	-$1.43B	-$4.28B	-$3.83B
Shareholders' Equity	$6.71B	$5.23B	$2.55B	$3.13B
Working Capital	$942.19M	$394.10M	$388.15M	$853.45M
Net Debt	$7.66B	$9.99B	$12.33B	$13.87B

RUN Cash Flow statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Operating Cash Flow	-$848.79M	-$820.74M	-$766.15M	-$421.44M
Capital Expenditure	-$2.01B	-$2.61B	-$2.70B	-$2.50B
Free Cash Flow	-$2.86B	-$3.43B	-$3.47B	-$2.92B
Depreciation & Amortisation	$451.05M	$531.67M	$620.88M	$725.58M
Stock-Based Compensation	$110.63M	$111.78M	$112.83M	$107.95M
Investing Cash Flow	-$2.09B	-$2.61B	-$2.70B	-$2.50B
Financing Cash Flow	$3.04B	$3.47B	$3.43B	$3.21B
Net Change in Cash	$102.59M	$34.81M	-$40.42M	$289.57M

RUN Income statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Revenue	$504.27M	$569.34M	$724.56M	$1.16B	$722.23M
Cost of Revenue	$405.43M	$449.52M	$481.29M	$723.46M	$502.43M
Gross Profit	$98.84M	$119.82M	$243.27M	$435.37M	$219.80M
Research & Development	$9.98M	$8.06M	$9.27M	$8.82M	$10.14M
Selling, General & Admin	$203.75M	$224.00M	$230.35M	$329.20M	$253.17M
Operating Expenses	$213.73M	$232.06M	$239.62M	$338.01M	$263.31M
Operating Income	-$114.89M	-$112.25M	$3.65M	$97.36M	-$43.51M
EBITDA	$9.60M	$62.94M	$167.32M	$306.18M	$163.23M
Pretax Income	-$387.72M	-$373.91M	-$280.02M	-$134.67M	-$290.27M
Income Tax	-$110.55M	-$94.93M	-$2.17M	$40.43M	$7.07M
Net Income	$50.01M	$279.77M	$16.59M	$103.57M	$167.64M
Diluted EPS	0.20	1.07	0.06	0.38	0.62
Diluted Shares	257.91M	261.15M	267.47M	271.24M	272.35M

RUN Balance Sheet statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Cash & Equivalents	$604.87M	$618.06M	$709.15M	$823.38M	$679.55M
Receivables	$172.12M	$186.53M	$248.28M	$262.63M	$232.51M
Inventory	$414.40M	$491.15M	$569.99M	$501.29M	$490.39M
Current Assets	$1.67B	$1.79B	$2.07B	$2.16B	$1.97B
Total Assets	$20.38B	$21.23B	$22.23B	$22.61B	$22.77B
Current Liabilities	$1.26B	$1.27B	$1.42B	$1.30B	$1.36B
Long-Term Debt	$13.31B	$13.75B	$14.31B	$14.42B	$14.50B
Total Debt	$13.67B	$14.14B	$14.72B	$14.78B	$14.87B
Total Liabilities	$16.28B	$16.78B	$17.58B	$17.63B	$17.81B
Retained Earnings	-$4.23B	-$3.95B	-$3.93B	-$3.83B	-$3.66B
Shareholders' Equity	$2.62B	$2.93B	$2.98B	$3.13B	$3.34B
Working Capital	$405.23M	$517.17M	$649.69M	$853.45M	$606.99M
Net Debt	$12.96B	$13.42B	$13.91B	$13.87B	$14.12B

RUN Cash Flow statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Operating Cash Flow	-$104.21M	-$292.66M	-$121.52M	$96.95M	$10.62M
Capital Expenditure	-$655.02M	-$692.82M	-$743.64M	-$408.86M	-$424.84M
Free Cash Flow	-$759.23M	-$985.48M	-$865.16M	-$311.91M	-$414.21M
Depreciation & Amortisation	$169.89M	$189.71M	$181.55M	$184.43M	$189.56M
Stock-Based Compensation	$25.00M	$25.02M	$29.59M	$28.33M	$26.30M
Investing Cash Flow	-$655.02M	-$692.82M	-$743.64M	-$408.86M	-$428.55M
Financing Cash Flow	$790.71M	$1.02B	$1.01B	$393.14M	$270.21M
Net Change in Cash	$31.49M	$33.17M	$143.68M	$81.23M	-$147.72M

Market Snapshot

About

Sunrun Inc. is a leading residential solar energy company in the United States, providing solar panel installation and battery storage systems. The company offers solar-as-a-service through leases and power purchase agreements, as well as direct sales to homeowners. Sunrun aims to make clean energy accessible and affordable for residential customers.