Sunrun Inc (RUN) FinancialsRUNSunrun Inc

Sunrun Inc (RUN) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Customer agreements, accounting for 58.3% of total sales, equivalent to $506.96M. Other significant revenue streams include Solar energy systems and Incentives. Understanding this composition is critical for investors evaluating how RUN navigates market cycles within the Renewable Energy Equipment & Services industry.

Evaluating the bottom line, Sunrun Inc maintains a gross margin of 37.73%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 4.00%, while the net margin is -23.93%. These profitability ratios, combined with a Return on Equity (ROE) of 11.85%, provide a clear picture of how effectively RUN converts its operational activities into shareholder value.

In the context of the broader market, RUN competes directly with industry leaders such as LASR and HIMX. With a market capitalization of $2.14B, it holds a significant position in the sector. When comparing efficiency, RUN's gross margin of 37.73% stands against LASR's 32.09% and HIMX's 31.82%. Such benchmarking helps identify whether Sunrun Inc is trading at a premium or discount relative to its financial performance.

Sunrun's gross margin has improved significantly, reaching 37.73% in Q2 2026, up from 18.80% in Q4 2024. The company reported a net income of $115.15 million in Q2 2026, indicating a positive trend in profitability.