Sunrun designs, installs, owns, and maintains residential solar energy systems throughout the United States. The company's core offering comprises solar panel systems and related equipment, which it sells directly to homeowners through multiple channels including online platforms, retail locations, digital marketing, door-to-door canvassing, and referral networks. The company also installs battery storage solutions alongside solar systems and generates leads for third-party customers.
Beyond residential installations, Sunrun extends its services to commercial developers through multi-family residential projects and new home construction. The company operates distributed electricity generation assets and generates revenue from the sale of solar leads to other market participants. Its business model combines equipment sales with long-term customer relationships through system ownership and maintenance contracts.
Founded in 2007 and headquartered in San Francisco, California, Sunrun operates across the residential solar market in the United States. The company maintains a direct-to-consumer sales infrastructure and partner distribution network to reach its primary customer base of residential homeowners seeking solar energy solutions.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2025 | $1.71 | $1.96 | +113.3% | |
| 2024 | $-12.81 | $-12.81 | -72.9% | |
| 2023 | $-7.41 | $-7.41 | -1026.3% | |
| 2022 | $0.80 | $0.82 | +305.1% | |
| 2021 | $-0.39 | $-0.39 | +68.5% | |
| 2020 | $-1.24 | $-1.24 | -1340.0% | |
| 2019 | $0.10 | $0.11 | +300.0% | |
| 2018 | $-0.05 | $-0.05 | -104.3% | |
| 2017 | $1.15 | $1.18 | +32.2% | |
| 2016 | $0.87 | $0.90 | — | |
| 2015 | — | — | — |
| Report Date | Filed | Accession Number | |
|---|---|---|---|
| 2025-12-31 | 2026-02-26 | 0001628280-26-012289 | SEC ↗ |
| 2024-12-31 | 2025-02-27 | 0001469367-25-000039 | SEC ↗ |
| 2023-12-31 | 2024-02-21 | 0001469367-24-000024 | SEC ↗ |
| 2022-12-31 | 2023-02-22 | 0001469367-23-000030 | SEC ↗ |
| 2021-12-31 | 2022-02-17 | 0001469367-22-000033 | SEC ↗ |
| 2020-12-31 | 2021-02-25 | 0001469367-21-000042 | SEC ↗ |
| 2019-12-31 | 2020-02-27 | 0001469367-20-000061 | SEC ↗ |