RUN Q1 2022 Earnings — Sunrun Inc. Revenue & Financial Results | Market Cap Arena

RUNSunrun Inc.

$3B

Q1 2022 Earnings

Income Statement

Revenue

$496M+48.1% YoY

Gross Profit

$44M8.9% margin

Operating Income

-$181M-36.6% margin

Net Income

-$88M-17.7% margin

EPS (Diluted)

$-0.75

QoQ Revenue Growth

+13.9%

Cash Flow

Operating Cash Flow

-$256M

Free Cash Flow

-$684M

Stock-Based Comp.

$39M

Balance Sheet

Total Assets

$17.3B

Total Liabilities

$9.6B

Stockholders' Equity

$6.3B

Cash & Equivalents

$629M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$496M	$335M	+48.1%
Gross Profit	$44M	$40M	+9.2%
Operating Income	-$181M	-$179M	-1.6%
Net Income	-$88M	-$24M	-269.0%

Revenue Segments

Product

$286M29%

Service

$210M21%

Solar Energy Systems

$200M20%

Customer Agreements

$191M19%

Manufactured Product, Other

$86M9%

Incentives

$19M2%