What does gross profit mean?

Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

Sunrun RUN Gross Profit

Discontinued — last reported Q2 '18

Gross Profit at other companies

Tesla, Inc.TSLA

$4.72B+49.7%

Enphase EnergyENPH

$100.39M-40.3%

SolarEdge TechnologiesSEDG

$68.28M+289%

First SolarFSLR

$486.13M+41.2%

AESAES

$640M+45.1%

Ormat TechnologiesORA

$120.37M+65.1%

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 / equity0×0.0×

Current ratio1.4×+0.1×

Where this comes from

Calculated from Sunrun’s reported figures.

$170.5Mtotal revenue−$64.3Mtotal cost of revenue=$106.27M

The official record: Sunrun’s 10-K, filed February 27, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does gross profit mean?: Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.