Educational research on US and Indian equities, ETFs, mutual funds and crypto, with screeners and a free investing academy.
All data is for educational purposes only and should not be considered investment advice.
Equiscale is operated by Syntellia LLC, a Delaware limited liability company.
© 2026 Syntellia LLC. All rights reserved.
Sunrun Inc. designs, develops, installs, sells, owns, and maintains residential solar energy systems in the United States. The company sells solar energy systems and products, such as panels and racking; and solar leads generated to customers. It offers battery storage along with solar energy systems; and sells services to commercial developers through multi-family and new homes. Its primary customers are residential homeowners. The company markets and sells its products through direct-to-consumer approach across online, retail, mass media, digital media, canvassing, field marketing, and referral channels, as well as its partner network. It also operates distributed electricity power plants. Sunrun Inc. was founded in 2007 and is headquartered in San Francisco, California.
Rule-based from financial data. Not advice.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 5 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $3.0B | $546M | $450M | $-2.9B | 14.4% | 45.1% | -115.8% |
| 2024 | $2.0B | $-2.9B | $-2.8B | $-3.5B | -111.4% | -9.8% | 77.4% |
| 2023 | $2.3B | $-1.5B | $-1.6B | $-3.4B | -30.7% | -2.7% | -1025.4% |
| 2022 | $2.3B | $50M | $173M | $-2.9B | 2.6% | - | - |
| 2021 | - | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2025 |
|---|---|
| Total Revenue | 2,957 |
| Operating Revenue | 2,957 |
| Cost Of Revenue | 2,059.70 |
| Gross Profit | 897.30 |
| Operating Expense | 1,023.43 |
| Research And Development | 36.12 |
| Selling General And Administration | 987.30 |
| Total Expenses | 3,083.13 |
| Operating Income | -126.13 |
| Total Operating Income As Reported | -126.13 |
| EBITDA | 546.04 |
| Normalized EBITDA | 546.04 |
| EBIT | -179.54 |
| Interest Expense | 996.78 |
| Net Interest Income | -996.78 |
| Other Non Operating Income Expenses | -53.41 |
| Other Income Expense | -53.41 |
| Interest Expense Non Operating | 996.78 |
| Net Non Operating Interest Income Expense | -996.78 |
| Pretax Income | -1,176.32 |
| Tax Provision | -167.22 |
| Tax Rate For Calcs | 0 |
| Tax Effect Of Unusual Items | 0 |
| Net Income Continuous Operations | -1,009.11 |
| Net Income From Continuing And Discontinued Operation | 449.95 |
| Net Income From Continuing Operation Net Minority Interest | 449.95 |
| Net Income | 449.95 |
| Net Income Common Stockholders | 449.95 |
| Net Income Including Noncontrolling Interests | -1,009.11 |
| Normalized Income | 449.95 |
| Diluted NI Availto Com Stockholders | 449.95 |
| Basic Average Shares | 229.81 |
| Diluted Average Shares | 264.46 |
| Reconciled Depreciation | 725.58 |
| Reconciled Cost Of Revenue | 2,059.70 |
| Total Unusual Items | 0 |
| Total Unusual Items Excluding Goodwill | 0 |
| Minority Interests | 1,459.05 |
| Special Income Charges | 0 |
| Impairment Of Capital Assets | 0 |
| Depreciation Amortization Depletion Income Statement | - |
| Depreciation And Amortization In Income Statement | - |
| General And Administrative Expense | 278.05 |
| Other Gand A | 278.05 |
| Selling And Marketing Expense | 709.25 |
| Amortization | - |
| Amortization Of Intangibles Income Statement | - |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Sunrun Inc.this co. | RUN | $3.5B | 7.86↓ discount | 1.13 | 14.4% | 32.03 |
| Badger Meter, Inc. | BMI | $3.7B | 26.37 | 5.24 | 19.9% | 16.10 |
| Box, Inc. | BOX | $3.7B | 32.14 | -12.39 | -38.6% | 27.13 |
| RingCentral, Inc. | RNG | $3.7B | 85.09 | -6.28 | -7.4% | 14.30 |
| Itron, Inc. | ITRI | $3.6B | 11.94 | 2.09 |
| - |
| - |
| - |
| - |
| 17.5% |
| 9.27 |
| Insight Enterprises, Inc. | NSIT | $3.6B | 22.81 | 2.18 | 9.5% | 11.55 |
| Adeia Inc. | ADEA | $3.6B | 32.13 | 7.43 | 23.1% | 16.36 |
| OSI Systems, Inc. | OSIS | $3.5B | 23.42 | 3.68 | 15.7% | 15.50 |
| Knowles Corporation | KN | $3.4B | 76.19 | 4.34 | 5.7% | 30.44 |
| Peer Median | - | 29.25 | 2.93 | 12.6% | 15.80 | |