Company / R&D Expense
Sunrun R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$36.1M
FY2025
5-year range
$19.5M / $39.3M
FY2021-FY2025
Trend
-8.1%
vs FY2024
Sector context
#121 of 174
Industrials
What the data says
At $36M, Sunrun's r&d expense ranks #121 of 174 in the Industrials sector. R&D Expense has fluctuated over the past 10 years, ranging from $10M in FY2016 to $39M in FY2024.
Based on SEC 10-K filings.
$36M in FY2025 with a 5-year CAGR of +13.9%.
Improved from $22M to $36M over the past 2 years.
Industrials sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +22.7%
- 5-Year CAGR
- +13.9%
- 10-Year CAGR
- -
Sector benchmark
#121 of 174 in IndustrialsTop 70% of 174This company $36.1M Sector average $273.7M
▼
-86.8% below sector average
Key checks
Key Insights
- 5-year CAGR of +13.9%, indicating consistent growth.
- In FY2025, r&d expense decreased 8.1% year-over-year.
- Ranks #121 out of 174 companies in the Industrials sector.
- Peak r&d expense was recorded in FY2024.
Company context
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.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $36.1M | -8.1% |
| FY2024 | $39.3M | +80.2% |
| FY2023 | $21.8M | +11.6% |
| FY2022 | $19.5M | -17.0% |
| FY2021 | $23.6M | +25.0% |
| FY2020 | $18.8M | -20.0% |
| FY2019 | $23.6M | +25.0% |
| FY2018 | $18.8M | +25.0% |
| FY2017 | $15.1M | +47.8% |
| FY2016 | $10.2M | +5.6% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026