Sunrun Inc.RUN
What Sunrun Inc. does.
Sunrun's (the “Company,” “our,” “we”) mission is to connect people to the cleanest energy on earth. Sunrun transformed the solar industry in 2007 by removing financial barriers and democratizing access to locally-generated, renewable energy. Today, Sunrun is the nation’s leading provider of clean energy as a subscription service, offering residential solar and storage with no upfront costs. Sunrun’s innovative products and solutions can connect homes to the cleanest energy on earth, providing them with energy security, predictability, and peace of mind. Sunrun also manages energy services that benefit communities, utilities, and the electric grid while enhancing customer value.
We are engaged in the design, development, installation, sale, ownership and maintenance of residential energy systems (“Projects”) in the United States. We provide clean, solar energy typically at savings compared to traditional utility energy. Our primary customers are residential homeowners. We also offer battery storage along with solar energy systems to our customers in select markets and sell our services to certain commercial developers through our multi-family and new homes offerings. After inventing the residential solar service model and recognizing its market potential, we have built the infrastructure and capabilities necessary to acquire and serve customers in a low-cost and scalable manner. Today, our scalable operating platform provides us with a number of distinct advantages. First, we are able to drive distribution by marketing our solar service offerings through multiple channels, including our partner network and direct-to-consumer operations. This approach supports broad sales and installation capabilities, which together allow us to achieve capital-efficient growth. Second, we are able to provide differentiated solutions to our customers that, combined with a great customer experience, we believe will drive meaningful margin advantages for us over the long term as we strive to create and serve the industry’s most valuable and satisfied customer base.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $922.2M | $1.6B | $2.3B | $2.3B | $2.0B | $3.0B |
| Net income | -$173.4M | -$79.4M | $173.4M | -$1.6B | -$2.8B | $449.9M |
| Free cash flow | -$321.1M | -$825.8M | -$867.0M | -$841.7M | -$767.7M | — |
More on RUN.
- Sunrun Inc. summary
- Sunrun Inc. financial statements
- Sunrun Inc. key metrics
- Sunrun Inc. health scores and style box
- Sunrun Inc. earnings
- Sunrun Inc. dividends
- Sunrun Inc. valuation
- Sunrun Inc. ownership and insiders
- Sunrun Inc. peers
Figures from Sunrun Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.