# Sunrun Inc.: overview

RUN · Nasdaq · CIK 1469367 · [Industrials](/sectors/industrials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/run.md) · [Financials](/companies/run/financials.md) · [Filings](/companies/run/filings.md) · [Insiders](/companies/run/insiders.md)

Latest reported revenue: [$870.0m](/filings/0001628280-26-053366.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 5, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001628280-26-053366).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [537](/filings/0001628280-25-050191.md) | [518 d](/filings/0001628280-26-012289.md) | [504](/filings/0001628280-26-031271.md) | [569](/filings/0001628280-26-053366.md) | [725](/filings/0001628280-25-050191.md) | [1,159 d](/filings/0001628280-26-012289.md) | [722](/filings/0001628280-26-031271.md) | [870](/filings/0001628280-26-053366.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [(23.8%)](/filings/0001628280-25-050191.md) | [(628.0%) d](/filings/0001628280-26-012289.md) | [(22.8%)](/filings/0001628280-26-031271.md) | [(19.7%)](/filings/0001628280-26-053366.md) | [0.5%](/filings/0001628280-25-050191.md) | [8.4% d](/filings/0001628280-26-012289.md) | [(6.0%)](/filings/0001628280-26-031271.md) | [4.0%](/filings/0001628280-26-053366.md) |
| Net margin | % | [(15.6%)](/filings/0001628280-25-050191.md) | [(542.7%) d](/filings/0001628280-26-012289.md) | [9.9%](/filings/0001628280-26-031271.md) | [49.1%](/filings/0001628280-26-053366.md) | [2.3%](/filings/0001628280-25-050191.md) | [8.9% d](/filings/0001628280-26-012289.md) | [23.2%](/filings/0001628280-26-031271.md) | [13.2%](/filings/0001628280-26-053366.md) |
| Diluted EPS | $ per share | [(0.37)](/filings/0001628280-25-050191.md) | not reported | [0.20](/filings/0001628280-26-031271.md) | [1.07](/filings/0001628280-26-053366.md) | [0.06](/filings/0001628280-25-050191.md) | not reported | [0.62](/filings/0001628280-26-031271.md) | [0.42](/filings/0001628280-26-053366.md) |
| Free cash flow | $m | [(156) d](/filings/0001628280-25-050191.md) | [(259) d](/filings/0001628280-26-012289.md) | not reported | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [1,610](/filings/0001469367-24-000024.md) | [2,321](/filings/0001469367-25-000039.md) | [2,260](/filings/0001628280-26-012289.md) | [2,038](/filings/0001628280-26-012289.md) | [2,957](/filings/0001628280-26-012289.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [(41.4%)](/filings/0001469367-24-000024.md) | [(28.5%)](/filings/0001469367-25-000039.md) | [(87.6%)](/filings/0001628280-26-012289.md) | [(181.3%)](/filings/0001628280-26-012289.md) | [(4.3%)](/filings/0001628280-26-012289.md) |
| Net margin | % | [(4.9%)](/filings/0001469367-24-000024.md) | [7.5%](/filings/0001469367-25-000039.md) | [(71.0%)](/filings/0001628280-26-012289.md) | [(139.7%)](/filings/0001628280-26-012289.md) | [15.2%](/filings/0001628280-26-012289.md) |
| Diluted EPS | $ per share | [(0.39)](/filings/0001469367-24-000024.md) | [0.80](/filings/0001469367-25-000039.md) | [(7.41)](/filings/0001628280-26-012289.md) | [(12.81)](/filings/0001628280-26-012289.md) | [1.71](/filings/0001628280-26-012289.md) |
| Free cash flow | $m | [(826)](/filings/0001469367-24-000024.md) | [(867)](/filings/0001469367-25-000039.md) | [(842)](/filings/0001628280-26-012289.md) | [(768)](/filings/0001628280-26-012289.md) | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/run/insiders.md)

| Date | Insider | Role | Transaction | Shares | Reported price | Value | Filing |
| --- | --- | --- | --- | ---: | ---: | ---: | --- |
| 2020-10-12 | [Blackstone Holdings III L.P.](/insiders/1404073.md) | 10% owner | Sale (S) | 36,672 | $60.25 | $2.2m | [Form 4](/filings/0000899243-20-028234.md) |
| 2020-10-12 | [Blackstone Holdings III L.P.](/insiders/1404073.md) | 10% owner | Sale (S) | 3,050 | $60.25 | $183.8k | [Form 4](/filings/0000899243-20-028234.md) |
| 2020-10-12 | [Blackstone Holdings III L.P.](/insiders/1404073.md) | 10% owner | Sale (S) | 1,935,494 | $60.25 | $116.6m | [Form 4](/filings/0000899243-20-028234.md) |
| 2020-10-12 | [Blackstone Holdings III L.P.](/insiders/1404073.md) | 10% owner | Sale (S) | 6,024,784 | $60.25 | $363.0m | [Form 4](/filings/0000899243-20-028234.md) |

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $553.5m | 41,365,957 |  | Reduced −502,456 |
| [GOLDMAN SACHS GROUP INC](/funds/886982.md) | 2026-06-30 | $256.7m | 19,186,790 |  | Added +7,006,879 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $183.0m | 13,678,906 |  | Added +745,930 |
| [Greenvale Capital LLP](/funds/1768041.md) | 2026-06-30 | $178.0m | 13,304,181 |  | Added +1,304,181 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $140.3m | 10,483,125 |  | Added +1,106,349 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $138.1m | 10,319,678 |  | Added +275,311 |
| [D. E. Shaw & Co., Inc.](/funds/1009207.md) | 2026-06-30 | $136.8m | 10,227,120 |  | Added +2,965,823 |
| [Invesco Ltd.](/funds/914208.md) | 2026-06-30 | $135.9m | 10,153,355 |  | Added +1,080,130 |
| [Grantham, Mayo, Van Otterloo & Co. LLC](/funds/1352662.md) | 2026-06-30 | $107.1m | 8,004,682 |  | Added +184,544 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $91.8m | 6,858,527 |  | Added +339,474 |

## Recent filings

[All 1,454 filings](/companies/run/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-08-05 | 20:14 ET | [10-Q](/filings/0001628280-26-053366.md) | Quarterly report, period 2026-06-30 | 0001628280-26-053366 |
| 2026-08-05 | 20:09 ET | [8-K](/filings/0001628280-26-053349.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001628280-26-053349 |
| 2026-06-01 | 22:01 ET | [8-K](/filings/0001628280-26-039250.md) | 5.07 Shareholder vote results; 9.01 Financial statements and exhibits | 0001628280-26-039250 |
| 2026-05-06 | 20:11 ET | [10-Q](/filings/0001628280-26-031271.md) | Quarterly report, period 2026-03-31 | 0001628280-26-031271 |
| 2026-05-06 | 20:07 ET | [8-K](/filings/0001628280-26-031259.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001628280-26-031259 |
| 2026-04-15 | 15:58 ET | [DEF 14A](/filings/0001469367-26-000029.md) | Proxy statement, period 2026-05-28 | 0001469367-26-000029 |
| 2026-02-26 | 21:12 ET | [10-K](/filings/0001628280-26-012289.md) | Annual report, period 2025-12-31 | 0001628280-26-012289 |
| 2026-02-26 | 21:08 ET | [8-K](/filings/0001628280-26-012266.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001628280-26-012266 |
| 2026-01-06 | 12:00 ET | [8-K](/filings/0001193125-26-003449.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 9.01 Financial statements and exhibits | 0001193125-26-003449 |
| 2025-11-06 | 21:17 ET | [10-Q](/filings/0001628280-25-050191.md) | Quarterly report, period 2025-09-30 | 0001628280-25-050191 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001628280-26-012289.md), filed Feb 26, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/a5a7443f-abd6-4c4f-a1e9-5a67815592a8)

## About the filer

- CIK: 1469367
- Tickers: RUN
- Exchange: Nasdaq
- SIC code: 1700 Construction - Special Trade Contractors
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:40 ET. No prices; not investment advice.