Sunrun Income Statement
RUN / Industrials|13 years of annual SEC 10-K data (FY2013-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 13 fiscal years. All figures from audited SEC 10-K filings.
Sunrun reported $3.0B in revenue and $450M in net income for FY2025. Revenue has grown at a 39.4% compound annual rate over the past 12 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.06 (distress zone, below 1.8 threshold)
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.0B | $2.0B | $2.3B | $922.2M | $858.6M | $760.0M | $194.5M | $760.0M | $532.5M | $477.1M | $304.6M | $198.6M | $54.7M |
| Cost of Revenue | - | - | - | - | - | - | - | - | $254.1M | $239.4M | $168.8M | $100.8M | - |
| SG&A Expense | $278.0M | $245.1M | $221.1M | $266.7M | $125.0M | $116.7M | $125.0M | $116.7M | $107.4M | $92.4M | $84.4M | $68.1M | $33.2M |
| R&D Expense | $36.1M | $39.3M | $21.8M | $19.5M | $23.6M | $18.8M | $23.6M | $18.8M | $15.1M | $10.2M | $9.7M | $8.4M | $10.0M |
| Operating Income | -$126.1M | -$3.7B | -$2.0B | -$465.1M | -$215.7M | -$121.9M | -$215.7M | -$121.9M | -$181.1M | -$192.1M | -$219.2M | -$132.6M | -$54.0M |
| Income Tax | -$167.2M | -$26.8M | -$12.7M | -$60.6M | -$8.2M | $9.3M | -$8.2M | $9.3M | $12.4M | $56.3M | -$5.3M | -$10.0M | -$591.0K |
| Net Income | $449.9M | -$2.8B | -$1.6B | -$173.4M | $26.3M | $26.7M | $26.3M | $26.7M | $125.5M | $75.1M | -$28.2M | -$70.9M | -$1.2M |
| EPS (Basic) | -$7.41 | $0.82 | -$0.39 | -$1.24 | $0.23 | $0.24 | $1.19 | $0.73 | -$0.96 | -$3.11 | - | -$3.11 | - |
| EPS (Diluted) | -$7.41 | $0.80 | -$0.39 | -$1.24 | $0.21 | $0.23 | $1.16 | $0.72 | -$0.96 | -$3.11 | -$0.12 | -$3.11 | - |
| Shares Outstanding | 225.7M | 219.4M | 214.2M | 208.2M | 201.4M | 118.5M | 113.1M | 104.3M | 104.3M | 101.3M | 24.2M | 22.8M | 9.8M |
| Operating Margin | -4.3% | -181.3% | -87.6% | -50.4% | -25.1% | -16.0% | -110.9% | -16.0% | -34.0% | -40.3% | -72.0% | -66.8% | -98.6% |
| Profit Margin | 15.2% | -139.7% | -71.0% | -18.8% | 3.1% | 3.5% | 13.5% | 3.5% | 23.6% | 15.8% | -9.3% | -35.7% | -2.2% |