RUN Q4 2022 Earnings — Sunrun Inc. Revenue & Financial Results | Market Cap Arena

RUNSunrun Inc.

$3B

Q4 2022 Earnings

Income Statement

Revenue

$609M+40.0% YoY

Gross Profit

$54M8.9% margin

Operating Income

-$189M-31.1% margin

Net Income

$63M10.3% margin

EPS (Diluted)

$0.29

QoQ Revenue Growth

-3.6%

Cash Flow

Operating Cash Flow

-$305M

Free Cash Flow

-$823M

Stock-Based Comp.

$22M

Balance Sheet

Total Assets

$19.3B

Total Liabilities

$11.1B

Stockholders' Equity

$6.7B

Cash & Equivalents

$741M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$609M	$435M	+40.0%
Gross Profit	$54M	$40M	+35.9%
Operating Income	-$189M	-$208M	+9.0%
Net Income	$63M	-$39M	+263.6%

Revenue Segments

Product

$367M30%

Solar Energy Systems

$263M22%

Service

$242M20%

Customer Agreements

$216M18%

Manufactured Product, Other

$104M9%

Incentives

$27M2%