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Sunrun RUN Customer agreements and incentives — Total Revenue

Other product segments

Customer agreements
$447.1M+17.2%
Energy systems
$212.22M
Products
$42.19M-31.1%
Incentives
$20.72M-3.9%

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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 us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

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 customer agreements and incentives — total revenue?
Sunrun (RUN) reported customer agreements and incentives — total revenue of $467.82M in Q1 2026.
How has Sunrun's customer agreements and incentives — total revenue changed year-over-year?
Sunrun's customer agreements and incentives — total revenue increased by 16.1% year-over-year, from $402.92M to $467.82M.
What is the long-term trend for Sunrun's customer agreements and incentives — total revenue?
Over 4 years (2021 to 2025), Sunrun's customer agreements and incentives — total revenue has grown at a 21.8% compound annual growth rate (CAGR), from $826.56M to $1.82B.
What does customer agreements and incentives — total revenue mean?
This metric represents the total gross revenue generated from long-term residential solar energy service agreements and associated performance incentives. It captures the inflow of economic benefits derived from leasing solar systems or selling generated power to customers over the life of the contract. This figure serves as a primary indicator of the scale and market adoption of the company's recurring revenue business model.