Sunrun Inc (RUN) financials
Sunrun revenue and earnings by year
Sunrun's revenue was $2.96 billion in the fiscal year to December 31, 2025, up 45.1% from the year before. Net income was $450 million, 15.2% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 22.5% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.96 | 2.04 | 2.26 | 2.32 | 1.61 | 0.92 | 0.86 | 0.76 | 0.53 | 0.48 |
| Revenue growth | 45.1% | -9.8% | -2.7% | 44.2% | 74.6% | 7.4% | 13.0% | 42.7% | 11.6% | — |
| Gross profit | 0.90 | 0.33 | 0.16 | 0.30 | 0.24 | 0.18 | 0.21 | 0.23 | 0.09 | 0.08 |
| Gross margin | 30.3% | 16.1% | 7.2% | 12.9% | 15.2% | 19.4% | 24.8% | 29.6% | 17.3% | 17.5% |
| Operating income | -0.13 | -3.70 | -1.98 | -0.66 | -0.67 | -0.47 | -0.22 | -0.12 | -0.18 | -0.19 |
| Operating margin | -4.3% | -181.3% | -87.6% | -28.5% | -41.4% | -50.4% | -25.1% | -16.0% | -34.0% | -40.3% |
| Net income | 0.45 | -2.85 | -1.60 | 0.17 | -0.08 | -0.17 | 0.03 | 0.03 | 0.13 | 0.08 |
| Net margin | 15.2% | -139.7% | -71.0% | 7.5% | -4.9% | -18.8% | 3.1% | 3.5% | 23.6% | 15.7% |
| Diluted EPS | $1.71 | -$12.81 | -$7.41 | $0.80 | -$0.39 | -$1.24 | $0.20 | $0.24 | $1.15 | $0.72 |
| Free cash flow | -2.92 | -3.47 | -3.43 | -2.86 | -2.50 | -1.29 | -1.05 | -0.87 | -0.87 | -0.89 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open RUN in Markets.
See also: RUN valuation and P/E history · RUN returns
No forecast, no recommendation. This page describes Sunrun Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.