RUN Q4 2023 Earnings — Sunrun Inc. Revenue & Financial Results | Market Cap Arena

RUNSunrun Inc.

$3B

Q4 2023 Earnings

Income Statement

Revenue

$517M-15.2% YoY

Gross Profit

$34M6.6% margin

Operating Income

-$198M-38.2% margin

Net Income

-$350M-67.8% margin

EPS (Diluted)

$-1.60

QoQ Revenue Growth

-8.3%

Cash Flow

Operating Cash Flow

-$116M

Free Cash Flow

-$772M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$20.5B

Total Liabilities

$13.5B

Stockholders' Equity

$5.2B

Cash & Equivalents

$679M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$517M	$609M	-15.2%
Gross Profit	$34M	$54M	-37.5%
Operating Income	-$198M	-$189M	-4.4%
Net Income	-$350M	$63M	-655.6%

Revenue Segments

Service

$322M31%

Customer Agreements

$288M28%

Product

$195M19%

Manufactured Product, Other

$105M10%

Solar Energy Systems

$90M9%

Incentives

$34M3%