RUN Q1 2025 Earnings — Sunrun Inc. Revenue & Financial Results | Market Cap Arena

RUNSunrun Inc.

$3B

Q1 2025 Earnings

Income Statement

Revenue

$504M+10.1% YoY

Gross Profit

$99M19.6% margin

Operating Income

-$115M-22.8% margin

Net Income

$50M9.9% margin

EPS (Diluted)

$0.20

QoQ Revenue Growth

-2.7%

Cash Flow

Operating Cash Flow

-$104M

Free Cash Flow

-$759M

Stock-Based Comp.

$25M

Balance Sheet

Total Assets

$20.4B

Total Liabilities

$16.3B

Stockholders' Equity

$2.6B

Cash & Equivalents

$605M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$504M	$458M	+10.1%
Gross Profit	$99M	$32M	+204.2%
Operating Income	-$115M	-$183M	+37.3%
Net Income	$50M	-$88M	+156.9%

Revenue Segments

Service

$403M40%

Customer Agreements

$381M38%

Product

$101M10%

Manufactured Product, Other

$61M6%

Solar Energy Systems

$40M4%

Incentives

$22M2%