RUN Q3 2021 Earnings — Sunrun Inc. Revenue & Financial Results | Market Cap Arena

RUNSunrun Inc.

$3B

Q3 2021 Earnings

Income Statement

Revenue

$439M+109.2% YoY

Gross Profit

$92M20.9% margin

Operating Income

-$138M-31.4% margin

Net Income

$24M5.5% margin

EPS (Diluted)

$0.11

QoQ Revenue Growth

+9.4%

Cash Flow

Operating Cash Flow

-$180M

Free Cash Flow

-$621M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$16.1B

Total Liabilities

$8.6B

Stockholders' Equity

$6.2B

Cash & Equivalents

$718M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$439M	$210M	+109.2%
Gross Profit	$92M	$57M	+61.8%
Operating Income	-$138M	-$62M	-121.8%
Net Income	$24M	$37M	-35.6%

Revenue Segments

Service

$232M26%

Product

$207M24%

Customer Agreements

$195M22%

Solar Energy Systems

$128M15%

Manufactured Product, Other

$79M9%

Incentives

$37M4%