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Sunrun RUN Energy systems and product sales — Total Revenue

Other product segments

Customer agreements
$506.96M+17.0%
Energy systems
$290.97M
Incentives
$36.77M+49.7%
Products
$35.29M-52.0%

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Other financials

Income statement

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Revenue$870.0M+52.8%
Operating income$34.8M+131%
Net income$115.2M-58.8%
EPS (diluted)$0.42-60.7%

Balance sheet

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Cash & equivalents$712.4M+15.3%
Total debt$72.8M-28.6%
Total equity$3.5B+19.2%
Total assets$23.4B+10.0%

Cash flow

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Operating cash flow-$186.2M+36.4%
CapEx$4.3M+409%
Free cash flow-$190.5M+35.1%

Valuation

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Market cap$2.26B+9.0%
Enterprise value$1.62B+4.1%
P/E5.6×
P/S0.7×-0.3×

Profitability

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Gross margin55.4%
Operating margin-150.2%-204pp
Net margin11.6%+6.1pp
FCF margin-33.7%+3.3pp

Returns & leverage

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Return on equity12.6%+6.9pp
Debt / equity0.0×
Current ratio1.4×0.0×

Where this comes from

Reported directly by Sunrun in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Sunrun’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:14 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-053366
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Revenue:
Customer agreements and incentives$543,730$458,000$1,011,552$860,920
Energy systems and product sales326,258111,336580,667212,687
Total revenue869,988569,3361,592,2191,073,607
Operating expenses:
Cost of customer agreements and incentives342,452345,376657,194654,005
Cost of energy systems and product sales199,312104,144387,000200,942
Sales and marketing190,681152,459369,214298,449

Item 1. Financial Statements (Unaudited)

FAQ

What is Sunrun's energy systems and product sales — total revenue?
Sunrun (RUN) reported energy systems and product sales — total revenue of $326.26M in Q2 2026.
How has Sunrun's energy systems and product sales — total revenue changed year-over-year?
Sunrun's energy systems and product sales — total revenue increased by 193.0% year-over-year, from $111.34M to $326.26M.
What is the long-term trend for Sunrun's energy systems and product sales — total revenue?
Over 4 years (2021 to 2025), Sunrun's energy systems and product sales — total revenue has grown at a 9.8% compound annual growth rate (CAGR), from $783.39M to $1.14B.
What does energy systems and product sales — total revenue mean?
This metric represents the total gross revenue generated from the direct sale of solar energy systems and related hardware products to customers. It reflects the company's ability to monetize its hardware offerings independently of long-term service or lease agreements. Monitoring this figure helps investors assess the scale and market demand for the company's upfront product sales business model.

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