Sunrun (RUN)
Provides residential solar-and-battery subscriptions and aggregated home-to-grid power plants.
$8.80
After-hours close+0.01 (+0.07%)
At close$8.79(0.00%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 563 | 517 | 458 | 524 | 537 | 518 | 504 | 569 | 725 | 1,159 | 722 | 870 |
| Cost of revenue | 518 | 483 | 426 | 429 | 434 | 421 | 405 | 475 | 481 | 750 | 502 | 542 |
| Gross profit | 45 | 34 | 32 | 95 | 103 | 97 | 99 | 94 | 243 | 409 | 220 | 328 |
| 1,393 | 232 | 216 | 223 | 231 | 3,354 | 214 | 209 | 240 | 312 | 263 | 293 | |
| Research & development | 5 | 8 | 12 | 10 | 8 | 9 | 10 | 8 | 9 | 9 | 10 | 10 |
| 230 | 231 | 204 | 213 | 223 | 223 | 204 | 224 | 230 | 329 | 253 | 283 | |
| Selling & marketing | 176 | 167 | 152 | 152 | 162 | 151 | 146 | 152 | 165 | 246 | 179 | 191 |
| General & administrative | 53 | 64 | 51 | 61 | 61 | 72 | 58 | 72 | 66 | 83 | 75 | 93 |
| Other expenses | 1,158 | −7 | 0 | 0 | 0 | 3,122 | 0 | −23 | 0 | −26 | 0 | 0 |
| Operating income | −1,347 | −198 | −183 | −128 | −128 | −3,256 | −115 | −114 | 4 | 97 | −44 | 35 |
| −94 | −339 | −102 | −143 | −298 | −144 | −273 | −260 | −279 | −232 | −247 | −247 | |
| Interest expense | 171 | 182 | 192 | 207 | 216 | 233 | 227 | 252 | 266 | 256 | 264 | 264 |
| Other non-operating income | −78 | 158 | −90 | −64 | 83 | −90 | 45 | 8 | 14 | −24 | −17 | −17 |
| Income before tax | −1,441 | −537 | −285 | −271 | −426 | −3,400 | −388 | −374 | −276 | −135 | −290 | −212 |
| Income tax expense | 30 | −2 | −2 | −11 | −14 | 0 | −111 | −95 | 2 | 40 | 7 | −4 |
| Net income from continuing operations | −1,471 | −535 | −283 | −260 | −412 | −3,400 | −277 | −279 | −278 | −175 | −297 | −208 |
| Other adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 323 |
| Net income | −1,069 | −350 | −88 | 139 | −84 | −2,814 | 50 | 280 | 17 | 104 | 168 | −208 |
| EPS, basic | −$4.92 | −$1.60 | −$0.40 | $0.63 | −$1.84 | −$12.51 | $0.22 | $1.22 | $0.07 | $0.45 | $0.71 | $0.48 |
| EPS, diluted | −$4.92 | −$1.60 | −$0.40 | $0.55 | −$1.84 | −$12.51 | $0.20 | $1.07 | $0.06 | $0.38 | $0.62 | $0.42 |
| Weighted average shares, basic | 217 | 218 | 220 | 222 | 224 | 225 | 226 | 229 | 231 | 233 | 235 | 239 |
| Weighted average shares, diluted | 217 | 218 | 220 | 255 | 224 | 225 | 258 | 261 | 267 | 271 | 272 | 274 |
| EBITDA | −1,131 | −212 | 57 | 89 | −55 | −3,004 | 10 | 93 | 172 | 323 | 163 | 52 |
| Depreciation & amortization | 139 | 143 | 151 | 152 | 156 | 162 | 170 | 215 | 182 | 201 | 190 | 0 |
| EBIT | −1,270 | −355 | −93 | −64 | −210 | −3,166 | −160 | −122 | −10 | 122 | −26 | 52 |
