RUN Q3 2022 Earnings — Sunrun Inc. Revenue & Financial Results | Market Cap Arena

RUNSunrun Inc.

$3B

Q3 2022 Earnings

Income Statement

Revenue

$632M+44.0% YoY

Gross Profit

$111M17.5% margin

Operating Income

-$136M-21.6% margin

Net Income

$211M33.3% margin

EPS (Diluted)

$0.95

QoQ Revenue Growth

+8.1%

Cash Flow

Operating Cash Flow

-$90M

Free Cash Flow

-$637M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$18.6B

Total Liabilities

$10.5B

Stockholders' Equity

$6.6B

Cash & Equivalents

$672M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$632M	$439M	+44.0%
Gross Profit	$111M	$92M	+20.5%
Operating Income	-$136M	-$138M	+1.2%
Net Income	$211M	$24M	+772.6%

Revenue Segments

Product

$361M29%

Service

$271M21%

Solar Energy Systems

$242M19%

Customer Agreements

$234M19%

Manufactured Product, Other

$119M9%

Incentives

$37M3%