RUN Q4 2021 Earnings — Sunrun Inc. Revenue & Financial Results | Market Cap Arena

RUNSunrun Inc.

$3B

Q4 2021 Earnings

Income Statement

Revenue

$435M+35.8% YoY

Gross Profit

$40M9.2% margin

Operating Income

-$208M-47.8% margin

Net Income

-$39M-8.9% margin

EPS (Diluted)

$-0.19

QoQ Revenue Growth

-0.8%

Cash Flow

Operating Cash Flow

-$281M

Free Cash Flow

-$770M

Stock-Based Comp.

$50M

Balance Sheet

Total Assets

$16.5B

Total Liabilities

$8.9B

Stockholders' Equity

$6.3B

Cash & Equivalents

$618M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$435M	$320M	+35.8%
Gross Profit	$40M	$47M	-14.7%
Operating Income	-$208M	-$256M	+18.9%
Net Income	-$39M	-$169M	+77.3%

Revenue Segments

Product

$235M27%

Service

$201M23%

Customer Agreements

$176M20%

Solar Energy Systems

$164M19%

Manufactured Product, Other

$71M8%

Incentives

$25M3%