RUN Q2 2022 Earnings — Sunrun Inc. Revenue & Financial Results | Market Cap Arena

RUNSunrun Inc.

$3B

Q2 2022 Earnings

Income Statement

Revenue

$585M+45.7% YoY

Gross Profit

$90M15.3% margin

Operating Income

-$155M-26.6% margin

Net Income

-$12M-2.1% margin

EPS (Diluted)

$-0.99

QoQ Revenue Growth

+17.9%

Cash Flow

Operating Cash Flow

-$198M

Free Cash Flow

-$716M

Stock-Based Comp.

$27M

Balance Sheet

Total Assets

$17.8B

Total Liabilities

$10.0B

Stockholders' Equity

$6.3B

Cash & Equivalents

$522M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$585M	$401M	+45.7%
Gross Profit	$90M	$72M	+24.0%
Operating Income	-$155M	-$142M	-9.5%
Net Income	-$12M	-$41M	+69.9%

Revenue Segments

Product

$325M28%

Service

$260M22%

Customer Agreements

$232M20%

Solar Energy Systems

$209M18%

Manufactured Product, Other

$115M10%

Incentives

$28M2%