RUN Q1 2021 Earnings — Sunrun Inc. Revenue & Financial Results | Market Cap Arena

RUNSunrun Inc.

$3B

Q1 2021 Earnings

Income Statement

Revenue

$335M+58.9% YoY

Gross Profit

$40M12.1% margin

Operating Income

-$179M-53.3% margin

Net Income

-$24M-7.1% margin

EPS (Diluted)

$-0.12

QoQ Revenue Growth

+4.5%

Cash Flow

Operating Cash Flow

-$186M

Free Cash Flow

-$543M

Stock-Based Comp.

$78M

Balance Sheet

Total Assets

$14.9B

Total Liabilities

$7.5B

Stockholders' Equity

$6.2B

Cash & Equivalents

$649M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$335M	$211M	+58.9%
Gross Profit	$40M	$41M	-1.0%
Operating Income	-$179M	-$63M	-183.3%
Net Income	-$24M	-$28M	+14.9%

Revenue Segments

Service

$175M26%

Product

$160M24%

Customer Agreements

$158M24%

Solar Energy Systems

$89M13%

Manufactured Product, Other

$71M11%

Incentives

$17M3%