RUN Q3 2024 Earnings — Sunrun Inc. Revenue & Financial Results | Market Cap Arena

RUNSunrun Inc.

$3B

Q3 2024 Earnings

Income Statement

Revenue

$537M-4.6% YoY

Gross Profit

$103M19.3% margin

Operating Income

-$128M-23.8% margin

Net Income

-$84M-15.6% margin

EPS (Diluted)

$-1.84

QoQ Revenue Growth

+2.5%

Cash Flow

Operating Cash Flow

-$156M

Free Cash Flow

-$921M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$22.1B

Total Liabilities

$15.1B

Stockholders' Equity

$5.3B

Cash & Equivalents

$534M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$537M	$563M	-4.6%
Gross Profit	$103M	$45M	+129.1%
Operating Income	-$128M	-$1.3B	+90.5%
Net Income	-$84M	-$1.1B	+92.2%

Revenue Segments

Service

$406M38%

Customer Agreements

$369M34%

Product

$131M12%

Manufactured Product, Other

$84M8%

Solar Energy Systems

$47M4%

Incentives

$37M3%