Saturday 10 October 2026 Export all RUN data to Excel Powerpack

Sunrun Inc.

Sunrun Inc.’s revenue for fiscal 2025 (year ended December 2025) was $3.0 billion, up 45.1% from fiscal 2024. In the quarter to June 2026, revenue grew 52.8%, EPS fell 60.7%, free cash flow grew 37.1% and total debt rose 7.80%, each against the same quarter a year earlier. Operating cash flow growth for three consecutive years; insiders bought in the last twelve months.

7.64 0.05 +0.66%

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Market cap: $1.8B
P/E: 4.5×
Fwd P/E: 10.8×
Dividend yield: —
F-score: 5/9
Altman Z: 0.06
Beneish M: −1.90
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.15

Total sells 24.07

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	1	—	—	—	—	—	—	—
Sell	2	8	7	2	10	7	1	3	7	1	—	5

Insider Ownership 2.76%

Capital & Financial Ratios $m

Market Cap 1,830.00

Revenue 3,475.61

Net Income (958.46)

Free Cash Flow (2,211.11)

Net Debt 14,046.58

Current Ratio 1.42

Debt/Equity 3.46

P/E ratio 4.47

Fwd P/E 10.80

P/S ratio 0.53

P/B ratio 0.42

Past 5Y EPS Growth —

This Y EPS Growth (31.57%)

Next Y EPS Growth (68.42%)

Next Y revenue growth 4.94%

Next 5Y EPS Growth (23.72%)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 0.34%

10-year low 10-year high

P/S against its own 10 years 0.18%

10-year low 10-year high

P/B against its own 10 years 5.87%

10-year low 10-year high

EV/Sales against its own 10 years 31.87%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2025	Powerpack
2024	Powerpack
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack
2017	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	988	947	1,237	1,136
Receivables	172	171	263	235
Inventory	460	402	501	650
Other	—	—	—	—
	1,882	1,723	2,156	2,167

	2023	2024	2025	Q'26
Payables	231	354	271	321
ST’ Debt	548	232	270	513
Other	8	8	9	9
	1,488	1,334	1,303	1,523

Compound Annual Growth %

	10y	5y	3y
Sales	25.52%	26.24%	8.40%
Cash Flow	0.00%	0.00%	0.00%
Earnings	0.00%	0.00%	37.42%
Book Value	20.55%	(8.67%)	(17.34%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	722	870	—	—	—
’25	504	569	725	1,159	2,957
’24	458	524	537	518	2,038
’23	590	590	563	517	2,260
’22	496	585	632	609	2,321
’21	335	401	439	435	1,610
’20	211	181	210	320	922

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	11	(186)	—	—	—
’25	(104)	(293)	(122)	97	(421)
’24	(143)	(209)	(156)	(258)	(766)
’23	(439)	(202)	(63)	(116)	(821)
’22	(256)	(198)	(90)	(305)	(849)
’21	(186)	(170)	(180)	(281)	(817)
’20	(117)	(35)	(15)	(151)	(318)

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(414)	(620)	—	—	—
’25	(759)	(985)	(865)	(312)	(2,922)
’24	(679)	(817)	(921)	(1,051)	(3,467)
’23	(950)	(902)	(805)	(772)	(3,429)
’22	(684)	(716)	(637)	(823)	(2,860)
’21	(543)	(570)	(621)	(770)	(2,503)
’20	(327)	(189)	(271)	(499)	(1,288)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.62	0.42	—	—	—
’25	0.20	1.07	0.06	0.38	1.71
’24	(0.40)	0.55	(0.37)	(12.51)	(12.81)
’23	(1.12)	0.25	(4.92)	(1.60)	(7.41)
’22	(0.42)	(0.06)	0.96	0.29	0.80
’21	(0.12)	(0.20)	0.11	(0.19)	(0.39)
’20	(0.23)	(0.11)	0.28	(0.88)	(1.24)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	4.15	4.21	5.08	9.56	7.84	30.27	16.80	8.43	9.01	5.38	Analyst estimates 2026–2028 Powerpack
	High	11.49	7.78	16.45	21.42	82.42	100.93	39.13	29.72	22.26	22.44
People
People	Employees	3,020	3,260	4,400	4,800	8,500	11,383	12,408	10,833	11,058	9,059
	Revenue/emp, $m	0.16	0.16	0.17	0.18	0.11	0.14	0.19	0.21	0.18	0.33
Income, $m
Income, $m	Revenue	477	533	760	859	922	1,610	2,321	2,260	2,038	2,957
	Gross margin, %	17.50	17.27	29.61	24.78	19.37	15.19	12.87	7.22	16.12	30.34
	EBT	(265)	(275)	(251)	(399)	(688)	(971)	(847)	(2,696)	(4,382)	(1,176)
	EBT margin, %	(55.45)	(51.69)	(33.01)	(46.50)	(74.55)	(60.33)	(36.50)	(119.28)	(215.05)	(39.78)
	Net income	(321)	(288)	(260)	(391)	(627)	(981)	(850)	(2,683)	(4,355)	(1,009)
	Depreciation	98	129	156	187	243	388	451	1,690	3,743	726
Per share, $
Per share, $	Revenue	4.66	5.05	6.90	7.38	6.61	7.85	10.98	10.43	9.17	12.87
	Earnings	0.90	1.18	0.24	0.23	(1.24)	(0.39)	0.82	(7.41)	(12.81)	1.96
	Cash flow	(1.96)	(0.91)	(0.57)	(1.76)	(2.28)	(3.98)	(4.02)	(3.79)	(3.45)	(1.83)
	Capex	(6.75)	(7.37)	(7.37)	(7.22)	(6.95)	(8.22)	(9.52)	(12.04)	(12.15)	(10.88)
	Free cash flow	(8.70)	(8.28)	(7.94)	(8.98)	(9.22)	(12.20)	(13.53)	(15.83)	(15.60)	(12.71)
	Book value	9.03	11.77	11.65	11.44	48.20	34.02	35.81	28.79	15.93	18.60
	Shares, m	102	105	110	116	140	205	211	217	222	230
Valuation, ×
Valuation, ×	P/E	6.35	5.06	43.56	60.04	0.00	0.00	28.88	0.00	0.00	9.39
	P/S	1.20	1.17	1.58	1.87	10.50	4.37	2.13	1.87	1.01	1.43
	P/B	0.62	0.50	0.93	1.21	1.44	1.01	0.65	0.68	0.58	0.99
	EV/Sales	2.94	3.41	3.94	4.47	15.30	8.08	5.47	6.30	6.91	5.99
	EV/FCF	(1.57)	(2.08)	(3.42)	(3.67)	(10.96)	(5.20)	(4.44)	(4.15)	(4.06)	(6.06)
Cash, $m
Cash, $m	Operating cash flow	(200)	(96)	(62)	(204)	(318)	(817)	(849)	(821)	(766)	(421)
	Capex	(691)	(777)	(811)	(841)	(970)	(1,686)	(2,011)	(2,608)	(2,701)	(2,500)
	Free cash flow	(891)	(873)	(874)	(1,045)	(1,288)	(2,503)	(2,860)	(3,429)	(3,467)	(2,922)
Balance, $m
Balance, $m	Working capital	125	106	89	204	236	536	942	394	388	853
	Total debt	1,049	1,434	2,096	2,596	5,133	6,828	8,705	11,019	12,968	14,727
	Net debt	831	1,192	1,792	2,233	4,425	5,978	7,753	10,031	12,020	13,490
	Shareholders’ equity	924	1,241	1,283	1,331	6,729	6,978	7,569	6,238	3,540	4,275
Returns, %
Returns, %	ROA	2.38	3.33	0.61	0.50	(1.72)	(0.51)	0.97	(8.08)	(14.11)	2.12
	ROIC	(6.84)	(4.65)	(2.48)	(3.78)	(2.61)	(3.21)	(2.70)	(7.60)	(14.84)	(0.44)
	ROE	9.49	11.59	2.11	2.01	(4.30)	(1.16)	2.38	(23.24)	(58.22)	11.52

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
NXT Nextpower Inc.	$12.9B	21.6×	35.6×	+8.21% (above 0%: growing)	+3.77% (above 0%: growing)	+50.09% (above 0%: growing)	35.91%	20.41%	Compare
ENPH Enphase Energy, Inc.	$4.4B	32.1×	194×	−19.63% (below 0%: shrinking)	−3.57% (below 0%: shrinking)	+41.15% (above 0%: growing)	59.97%	17.65%	Compare
SEDG SolarEdge Technologies, Inc.	$2.0B	— (loss-making)	— (loss-making)	+19.63% (above 0%: growing)	n/m	+196.82% (above 0%: growing)	27.48%	(4.63%)	Compare
RUN Sunrun Inc.	$1.8B	4.5×	10.8×	+52.81% (above 0%: growing)	−60.66% (below 0%: shrinking)	+37.10% (above 0%: growing)	37.73%	4.00%
SHLS Shoals Technologies Group, Inc.	$1.4B	46.3×	42.0×	+47.39% (above 0%: growing)	−12.50% (below 0%: shrinking)	+99.01% (above 0%: growing)	30.31%	11.46%	Compare
DQ DAQO New Energy Corp.	$725.4M	— (loss-making)	— (loss-making)	−16.67% (below 0%: shrinking)	n/m	−60.43% (below 0%: shrinking)	(132.00%)	(156.53%)	Compare
ARRY Array Technologies, Inc.	$577.5M	— (loss-making)	43.9×	−5.57% (below 0%: shrinking)	−73.68% (below 0%: shrinking)	+205.42% (above 0%: growing)	29.12%	10.16%	Compare
JKS JinkoSolar Holding Company Limited	$435.3M	— (loss-making)	— (loss-making)	−27.48% (below 0%: shrinking)	n/m	+78.73% (above 0%: growing)	4.15%	(11.62%)	Compare
TOYO TOYO Co., Ltd.	$186.3M	3.8×	6.7×	—	+666.67% (above 0%: growing)	+139.07% (above 0%: growing)	31.28%	19.08%	Compare
Median of peers	$1.1B	26.9×	42.0×	−5.57%	−3.57%	+88.87%	29.72%	10.81%

All 26 Solar stocks →

Sunrun Inc. (RUN) key facts

Strength: Sunrun Inc.’s revenue for fiscal 2025 (year ended December 2025) was $3.0 billion, up 45.1% from fiscal 2024.
Sunrun Inc. (RUN) is a Solar company in the Technology sector, listed on Nasdaq.
As of October 9, 2026, RUN traded at $7.64, a market capitalization of $1.8 billion.
Return on equity was 11.5% and debt-to-equity 3.46.
Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 0.06 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.