RUNSunrun Inc.

$3B

Q2 2025 Earnings

Income Statement

Revenue

$569M+8.7% YoY

Gross Profit

$94M16.6% margin

Operating Income

-$114M-20.1% margin

Net Income

$280M49.2% margin

EPS (Diluted)

$1.07

QoQ Revenue Growth

+12.9%

Cash Flow

Operating Cash Flow

-$293M

Free Cash Flow

$431M

Stock-Based Comp.

$25M

Balance Sheet

Total Assets

$21.2B

Total Liabilities

$16.8B

Stockholders' Equity

$2.9B

Cash & Equivalents

$618M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$569M	$524M	+8.7%
Gross Profit	$94M	$95M	-0.7%
Operating Income	-$114M	-$128M	+10.7%
Net Income	$280M	$139M	+101.6%

Revenue Segments

Service

$458M40%

Customer Agreements

$433M38%

Product

$111M10%

Manufactured Product, Other

$73M6%

Solar Energy Systems

$38M3%

Incentives

$25M2%

RUN Q2 2025 Earnings — Sunrun Inc. Revenue & Financial Results | Market Cap Arena