Sunrun Inc. (RUN) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 722.23M | 1.16B | 724.56M | 569.34M | 504.27M | 518.49M | 537.17M | 523.87M | 458.19M | 516.59M | 563.18M | 590.19M | 589.85M | 609.15M | 631.91M | 584.58M | 495.78M | 435.23M | 438.76M | 401.17M |
| Revenue Growth % | 43.22% | 123.5% | 34.88% | 8.68% | 10.06% | 0.37% | -4.62% | -11.24% | -22.32% | -15.2% | -10.88% | 0.96% | 18.97% | 39.96% | 44.02% | 45.72% | 48.09% | 35.84% | 109.17% | 121.28% |
| Cost of Goods Sold | 0 | 749.76M | 481.29M | 474.92M | 405.43M | 420.99M | 433.69M | 428.79M | 425.69M | 482.59M | 518.02M | 539.23M | 556.92M | 554.73M | 521.32M | 495.03M | 451.63M | 395.19M | 347M | 328.93M |
| COGS % of Revenue | - | 64.7% | 66.43% | 83.42% | 80.4% | 81.2% | 80.74% | 81.85% | 92.91% | 93.42% | 91.98% | 91.36% | 94.42% | 91.07% | 82.5% | 84.68% | 91.09% | 90.8% | 79.08% | 81.99% |
| Gross Profit | 0 | 409.07M | 243.27M | 94.42M | 98.84M | 97.5M | 103.48M | 95.08M | 32.49M | 34M | 45.16M | 50.97M | 32.93M | 54.42M | 110.58M | 89.55M | 44.16M | 40.04M | 91.77M | 72.24M |
| Gross Margin % | - | 35.3% | 33.57% | 16.58% | 19.6% | 18.8% | 19.26% | 18.15% | 7.09% | 6.58% | 8.02% | 8.64% | 5.58% | 8.93% | 17.5% | 15.32% | 8.91% | 9.2% | 20.92% | 18.01% |
| Gross Profit Growth % | -100% | 319.57% | 135.09% | -0.7% | 204.18% | 186.74% | 129.11% | 86.55% | -1.31% | -37.52% | -59.16% | -43.08% | -25.43% | 35.93% | 20.5% | 23.96% | 9.2% | -14.73% | 61.76% | 111.68% |
| Operating Expenses | 765.74M | 311.71M | 239.62M | 208.76M | 213.73M | 3.35B | 231.26M | 223.13M | 215.62M | 231.53M | 1.39B | 256.91M | 260.62M | 243.62M | 246.83M | 244.85M | 225.6M | 248.01M | 229.69M | 214.01M |
| OpEx % of Revenue | 106.02% | 26.9% | 33.07% | 36.67% | 42.38% | 646.83% | 43.05% | 42.59% | 47.06% | 44.82% | 247.28% | 43.53% | 44.18% | 39.99% | 39.06% | 41.89% | 45.5% | 56.98% | 52.35% | 53.35% |
| Selling, General & Admin | 253.17M | 329.2M | 230.35M | 224M | 203.75M | 222.8M | 223.08M | 212.89M | 203.53M | 231.12M | 229.6M | 252.35M | 256.06M | 238.16M | 241.09M | 237.37M | 218.01M | 240.12M | 222.75M | 207.51M |
| SG&A % of Revenue | 35.05% | 28.41% | 31.79% | 39.34% | 40.41% | 42.97% | 41.53% | 40.64% | 44.42% | 44.74% | 40.77% | 42.76% | 43.41% | 39.1% | 38.15% | 40.61% | 43.97% | 55.17% | 50.77% | 51.73% |
| Research & Development | 10.14M | 8.82M | 9.27M | 8.06M | 9.98M | 8.79M | 8.18M | 10.24M | 12.09M | 7.66M | 5.04M | 4.56M | 4.56M | 4.11M | 4.4M | 6.14M | 6.26M | 6.54M | 5.6M | 5.15M |
| R&D % of Revenue | 1.4% | 0.76% | 1.28% | 1.42% | 1.98% | 1.7% | 1.52% | 1.96% | 2.64% | 1.48% | 0.89% | 0.77% | 0.77% | 0.68% | 0.7% | 1.05% | 1.26% | 1.5% | 1.28% | 1.28% |
| Other Operating Expenses | 1000K | -1000K | 0 | -1000K | 0 | 1000K | 0 | 0 | 0 | -1000K | 1000K | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | -43.51M | 97.36M | 3.65M | -114.35M | -114.89M | -3.26B | -127.78M | -128.05M | -183.12M | -197.53M | -1.35B | -205.94M | -227.69M | -189.19M | -136.25M | -155.31M | -181.45M | -207.97M | -137.93M | -141.77M |
| Operating Margin % | -6.02% | 8.4% | 0.5% | -20.08% | -22.78% | -628.02% | -23.79% | -24.44% | -39.97% | -38.24% | -239.26% | -34.89% | -38.6% | -31.06% | -21.56% | -26.57% | -36.6% | -47.78% | -31.43% | -35.34% |
| Operating Income Growth % | 62.13% | 102.99% | 102.86% | 10.7% | 37.26% | -1548.48% | 90.52% | 37.82% | 19.58% | -4.41% | -889.01% | -32.6% | -25.49% | 9.03% | 1.22% | -9.55% | -1.64% | 18.9% | -121.78% | -69.85% |
| EBITDA | -43.51M | 298.51M | 185.2M | 100.76M | 55M | -3.09B | 27.75M | 24.44M | -32.6M | -54.51M | -1.21B | -79.16M | -104.59M | -70M | -17.63M | -48.18M | -75.34M | -105.87M | -39.07M | -46.58M |
| EBITDA Margin % | -6.02% | 25.76% | 25.56% | 17.7% | 10.91% | -596.71% | 5.17% | 4.66% | -7.12% | -10.55% | -214.62% | -13.41% | -17.73% | -11.49% | -2.79% | -8.24% | -15.2% | -24.33% | -8.9% | -11.61% |
| EBITDA Growth % | -179.11% | 109.65% | 567.38% | 312.34% | 268.71% | -5576.18% | 102.3% | 130.87% | 68.83% | 22.13% | -6757.99% | -64.29% | -38.82% | 33.88% | 54.89% | -3.44% | 12.97% | 37.63% | -336.62% | -47.99% |
| D&A (Non-Cash Add-back) | 0 | 201.15M | 181.55M | 215.11M | 169.89M | 162.34M | 155.53M | 152.49M | 150.52M | 143.02M | 138.76M | 126.78M | 123.11M | 119.19M | 118.62M | 107.13M | 106.11M | 102.09M | 98.86M | 95.19M |
| EBIT | 0 | 121.75M | -9.88M | -121.96M | -160.29M | -3.17B | -210.38M | -63.67M | -93.19M | -355.18M | -1.27B | -164.87M | -252.69M | -192.32M | -38.29M | -103.43M | -67.49M | -203.8M | -142.26M | -153.32M |
| Net Interest Income | 263.94M | -256.42M | -265.79M | -251.95M | -227.43M | -233.38M | -215.62M | -207.21M | -192.16M | -181.83M | -171.29M | -157.18M | -142.7M | -133.31M | -117.21M | -103.05M | -92.25M | -89.33M | -89.1M | -75M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | -263.94M | 256.42M | 265.79M | 251.95M | 227.43M | 233.38M | 215.62M | 207.21M | 192.16M | 181.83M | 171.29M | 157.18M | 142.7M | 133.31M | 117.21M | 103.05M | 92.25M | 89.33M | 89.1M | 75M |
| Other Income/Expense | -246.76M | -232.03M | -279.32M | -259.56M | -272.83M | -143.56M | -298.21M | -142.83M | -102.23M | -339.47M | -93.61M | -116.11M | -167.7M | -136.43M | -19.26M | -51.17M | 21.7M | -85.17M | -93.43M | -86.55M |
| Pretax Income | -290.27M | -134.67M | -275.67M | -373.91M | -387.72M | -3.4B | -425.99M | -270.88M | -285.35M | -537M | -1.44B | -322.05M | -395.39M | -325.62M | -155.51M | -206.48M | -159.75M | -293.14M | -231.35M | -228.32M |
| Pretax Margin % | -40.19% | -11.62% | -38.05% | -65.68% | -76.89% | -655.71% | -79.3% | -51.71% | -62.28% | -103.95% | -255.88% | -54.57% | -67.03% | -53.46% | -24.61% | -35.32% | -32.22% | -67.35% | -52.73% | -56.91% |
| Income Tax | 7.07M | 40.43M | 2.17M | -94.93M | -110.55M | 136K | -13.8M | -10.95M | -2.2M | -1.59M | 29.85M | 18.68M | -59.62M | 2.29M | 0 | 3.28M | -3.28M | 28.33M | 9.98M | -14.91M |
| Effective Tax Rate % | -2.43% | -30.02% | -0.79% | 25.39% | 28.51% | -0% | 3.24% | 4.04% | 0.77% | 0.3% | -2.07% | -5.8% | 15.08% | -0.7% | 0% | -1.59% | 2.05% | -9.66% | -4.31% | 6.53% |
| Net Income | 167.64M | 103.57M | 16.59M | 280.39M | 50.01M | -2.81B | -83.77M | 139.07M | -87.82M | -350.12M | -1.07B | 55.47M | -240.39M | 63.02M | 210.56M | -12.43M | -87.78M | -38.52M | 24.13M | -41.24M |
| Net Margin % | 23.21% | 8.94% | 2.29% | 49.25% | 9.92% | -542.66% | -15.59% | 26.55% | -19.17% | -67.78% | -189.9% | 9.4% | -40.75% | 10.35% | 33.32% | -2.13% | -17.7% | -8.85% | 5.5% | -10.28% |
| Net Income Growth % | 235.21% | 103.68% | 119.8% | 101.61% | 156.95% | -703.62% | 92.17% | 150.7% | 63.47% | -655.57% | -607.91% | 546.43% | -173.86% | 263.61% | 772.64% | 69.87% | -268.99% | 77.25% | -35.56% | -204.11% |
| Net Income (Continuing) | 167.64M | -175.11M | -277.85M | -278.98M | -277.17M | -3.4B | -412.19M | -259.93M | -283.15M | -535.41M | -1.47B | -340.72M | -335.77M | -327.91M | -155.51M | -209.76M | -156.47M | -321.47M | -241.33M | -213.41M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 47.94M | 1.85B | 1.66B | 1.52B | 1.48B | 1.61B | 1.76B | 1.68B | 1.58B | 1.68B | 1.46B | 1.6B | 1.7B | 1.47B | 1.43B | 1.47B | 1.42B | 1.32B | 1.32B | 1.34B |
| EPS (Diluted) | 0.62 | 0.38 | 0.06 | 1.07 | 0.20 | -12.51 | -1.84 | 0.55 | -0.40 | -1.60 | -4.92 | 0.25 | -1.57 | 0.29 | 0.95 | -0.99 | -0.75 | -0.19 | 0.11 | -0.20 |
| EPS Growth % | 210% | 103.04% | 103.26% | 94.55% | 150% | -681.88% | 62.6% | 120% | 74.52% | -651.72% | -617.89% | 125.25% | -109.33% | 252.63% | 763.64% | -395% | -525% | 78.41% | -60.71% | -81.82% |
| EPS (Basic) | 0.71 | 0.45 | 0.07 | 1.22 | 0.22 | -12.51 | -1.84 | 0.63 | -0.40 | -1.60 | -4.92 | 0.26 | -1.57 | 0.30 | 0.99 | -1.01 | -0.75 | -0.19 | 0.12 | -0.20 |
| Diluted Shares Outstanding | 272.35M | 271.24M | 267.47M | 261.15M | 257.91M | 224.9M | 223.69M | 255.11M | 219.88M | 218.46M | 217.34M | 221.85M | 214.55M | 220.61M | 220.85M | 211.13M | 208.68M | 207.42M | 213.02M | 204.38M |
| Basic Shares Outstanding | 234.58M | 232.6M | 230.98M | 229.17M | 226.41M | 224.9M | 223.69M | 222.47M | 219.88M | 218.46M | 217.34M | 216.02M | 214.55M | 213.53M | 212.7M | 207.1M | 208.68M | 204.18M | 206.1M | 204.38M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |