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Sunrun RUN Proceeds from transfer of investment tax credits

Proceeds from transfer of investment tax credits at other companies

Vistra logo
VistraVST
$0-100%
Ormat Technologies logo
Ormat TechnologiesORA
$46.41M
Tradeweb Markets Inc. logo
Tradeweb Markets Inc.TW
$0-100%
Primoris Services logo
Primoris ServicesPRIM
$10.48M+13.6%
KEE
Keel Infrastructure Corp. Common StockKEEL
$3.32M
Merchants Bancorp logo
Merchants BancorpMBIN
$1K-99.8%

Other financials

Income statement

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Revenue$722.2M+43.2%
Operating income-$43.5M+62.1%
Net income$167.6M+235%
EPS (diluted)$0.62+210%

Balance sheet

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Cash & equivalents$679.6M+12.3%
Total debt$78.9M-29.5%
Total equity$3.3B+27.7%
Total assets$22.8B+11.7%

Cash flow

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Operating cash flow$10.6M+110%
CapEx$409.0K+86.8%
Free cash flow$10.2M+110%

Valuation

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Market cap$3.06B+140%

Profitability

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Gross margin55.4%
Operating margin-150.2%-204pp
Net margin17.9%+9.5pp
FCF margin-33.7%+3.3pp

Returns & leverage

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Return on equity19.1%+10.7pp
Debt / equity0.0×
Current ratio1.4×+0.1×

Where this comes from

Reported directly by Sunrun in its filing.

Tagged under the XBRL concept run:ProceedsFromTransferOfInvestmentTaxCredits.

The official record: Sunrun’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Sunrun's proceeds from transfer of investment tax credits?
Sunrun (RUN) reported proceeds from transfer of investment tax credits of $340.11M in Q1 2026.
How has Sunrun's proceeds from transfer of investment tax credits changed year-over-year?
Sunrun's proceeds from transfer of investment tax credits decreased by 45.6% year-over-year, from $624.78M to $340.11M.
What does proceeds from transfer of investment tax credits mean?
Represents cash inflows generated from the sale or transfer of investment tax credits to third-party investors. This is a strategic financing mechanism used to monetize tax incentives associated with renewable energy project development. It serves as a vital source of non-dilutive capital to support the ongoing installation and ownership of solar energy systems.