13 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $3.0B | $449947 | 0.0% | -4.3% | — | $14.7B | $1.2B |
| 2024 | $2.0B | -$2.8B | 0.0% | -181.3% | -$768M | $12.9B | $947M |
| 2023 | $2.3B | -$1.6B | 0.0% | -87.6% | -$842M | $10.7B | $988M |
| 2022 | $2.3B | $173M | 0.0% | -28.5% | -$867M | $8.4B | $953M |
| 2021 | $1.6B | -$79M | 0.0% | -41.4% | -$826M | $6.5B | $850M |
| 2020 | $922M | -$173M | 0.0% | -50.4% | -$321M | $4.8B | $708M |
| 2019 | $859M | $26M | 0.0% | -25.1% | -$230M | $2.3B | $363M |
| 2018 | $760M | $27M | 0.0% | -16.0% | -$67M | $1.7B | $304M |
| 2017 | — | $125M | — | — | -$104M | $1.3B | $242M |
| 2016 | — | $75M | — | — | -$213M | $898M | $224M |
| 2015 | — | -$28M | — | — | — | $535M | $221M |
| 2014 | — | -$71M | — | — | — | $239M | — |
| 2013 | — | -$1M | — | — | — | — | — |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $722M | $168M | 0.0% | -6.0% | — | $14.8B | $1.1B |
| Dec '25 | $1.2B | $104M | 0.0% | 8.4% | — | $14.7B | $1.2B |
| Sep '25 | $725M | $17M | 0.0% | 0.5% | — | $14.6B | $1.2B |
| Jun '25 | $569M | $280M | 0.0% | -19.7% | — | $14.0B | $1.0B |
| Mar '25 | $504M | $50M | 0.0% | -22.8% | — | $13.6B | $979M |
| Dec '24 | $518M | -$2.8B | 0.0% | -628.0% | -$259M | $12.9B | $947M |
| Sep '24 | $537M | -$84M | 0.0% | -23.8% | -$156M | $12.5B | $1.0B |
| Jun '24 | $524M | $139M | 0.0% | -24.4% | — | $12.0B | $1.0B |
| Mar '24 | $458M | -$88M | 0.0% | -40.0% | — | $11.1B | $783M |
| Dec '23 | $517M | -$350M | 0.0% | -38.2% | -$121M | $10.7B | $988M |
| Sep '23 | $563M | -$1.1B | 0.0% | -239.3% | -$68M | $10.2B | $952M |
| Jun '23 | $590M | $55M | 0.0% | -34.9% | -$210M | $9.6B | $921M |
| Mar '23 | $590M | -$240M | 0.0% | -38.6% | -$443M | $8.9B | $843M |
| Dec '22 | $609M | $63M | 0.0% | -31.1% | -$312M | $8.4B | $953M |
| Sep '22 | $632M | $211M | 0.0% | -21.6% | -$96M | $8.0B | $956M |
| Jun '22 | $585M | -$12M | 0.0% | -26.6% | -$196M | $7.6B | $863M |
| Mar '22 | $496M | -$88M | 0.0% | -36.6% | -$263M | $7.1B | $863M |
| Dec '21 | $435M | -$39M | 0.0% | -47.8% | -$278M | $6.5B | $850M |
| Sep '21 | $439M | $24M | 0.0% | -31.4% | -$186M | — | $941M |
| Jun '21 | $401M | -$41M | 0.0% | -35.3% | -$176M | — | $858M |
How the market has priced RUN against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Sunrun Inc.'s revenue has grown 26.2% per year. These are computed facts, not advice.
As of FY2025, Sunrun Inc. reported $14.7B of total debt against $1.2B of cash.
In FY2025, gross margin was —, operating margin -4.3%, and net margin 0.0%.
As of Jun '26, Sunrun Inc. traded at a price-to-earnings ratio of about 7210.3× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.