Revenue segments as reported by the company.

Customer Agreements & Incentives

Solar Energy Systems & Product Sales

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Amortization of intangible assets

Goodwill impairment

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Sunrun

Sunrun, Inc. engages in the design, development, installation, sale, ownership and maintenance of residential solar energy systems. It sells solar service offerings and installs solar energy systems for homeowners. Customers can access its products through three channels: direct-to-consumer, solar partnerships, and strategic partnerships. The company was founded by Edward H. Fenster, Robert N. Kreamer and Lynn M. Jurich in January 2007 and is headquartered in San Francisco, CA.

Earnings data Q1 2021

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Earnings data Q1 2023

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Sunrun reports record Q4 results, eyes growth through storage innovations

Sunrun's strong performance in Q4 and full-year 2022, with a focus on storage deployments and subscription model for growth, positions the company well for 2023. Despite challenges like interest rate pressures, Sunrun's operational improvements and strategic collaborations drive value. The company's disciplined approach to growth and focus on market share gains present significant opportunities for expansion.

Sunrun exceeds Q1 guidance, focuses on battery growth opportunities

Sunrun's Q1 performance showcased strong installation numbers, subscription growth, and high battery attach rates, positioning the company for continued success.
Despite challenges in G&A costs and cash decline, Sunrun's financial stability, strategic funding, and focus on profitability offer resilience and growth potential.
Opportunities lie in expanding solar energy capacity, exploring new market segments, and meeting strong battery demand to drive revenue and market reach.

Sunrun reports robust Q2 performance, eyes grid services expansion

Sunrun delivered a strong Q2 performance with notable growth in storage capacity and attachment rates. The company's focus on expanding grid services and generating recurring cash flow presents opportunities for future growth. Despite challenges such as equipment price decreases, Sunrun remains committed to capital efficiency and enhancing customer value.

Sunrun reports robust Q3 performance, focuses on storage expansion

Sunrun's Q3 performance showcased growth in storage capacity installations, improved customer relationships, and a strong cash position with no equity needs.
The company's strengths lie in its strategic shift towards storage offerings, margin-focused growth strategy, and proactive inventory management.
Challenges include adjusting to market conditions, transitioning to a storage-first approach, and addressing operational and reporting complexities.
Opportunities for Sunrun include further growth in storage installations, recurring cash flow generation, and market leadership in clean energy generation.

Sunrun surpasses Q4 guidance, eyes growth in storage installations

Sunrun's Q4 performance exceeded expectations, driving subscriber value.
Strengths include high storage attachment rate and successful customer renewals.
Challenges lie in cost reductions and balancing increased install activity.
Opportunities exist in strong growth expectations and customer engagement strategies.

Sunrun beats Q1 guidance, focuses on margins over volumes

Sunrun delivered strong Q1 results, focusing on profitable growth, efficiency gains, and increasing customer value. The company faces challenges in sales growth and potential market headwinds but sees opportunities in battery retrofit programs, state-specific growth, and managing competition effectively.

Sunrun excels in Q2 with strong storage growth and strategic focus

Sunrun's Q2 performance reflects strong growth in storage installations and cash generation, positioning the company well for the future.
The company's strategic focus on differentiation, new products, and margin leadership underscores its commitment to sustainable growth.
While facing challenges in a competitive market, Sunrun's opportunities lie in expanding partnerships, driving innovation, and capturing market demand.
Overall, Sunrun's confidence in its market position and cash generation outlook signals a positive trajectory for the company.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Sunrun, Inc. engages in the design, development, installation, sale, ownership, and maintenance of residential solar energy systems. It sells solar service offerings and installs solar energy systems for homeowners. Customers can access its products through three channels: direct-to-consumer, solar partnerships, and strategic partnerships. The company was founded by Edward Harris Fenster, Robert Nat Kreamer, and Lynn Michelle Jurich in January 2007 and is headquartered in San Francisco, CA.

American Express

Alphabet

U.S. Bancorp

Jeremy Grantham (Trades, Portfolio)'s GMO LLC recently disclosed its 13F portfolio updates for the first quarter of 2023, which ended on March 31.

Jeremy Grantham's Firm Adds to Tech Bets in 1st Quarter

ChargePoint Holdings

Enphase Energy

The top energy stocks for high returns are undoubtedly clean and renewable names. Most fossil fuel companies have topped out in terms of growth potential and are now generating cash and paying dividends to shareholders.

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PayPal

Snap

The best tech stocks have risen considerably this year and the value proposition here is no longer compelling for most stocks. However, some tech names are still yet to recover from the trough, and the current entry point will likely yield multibagger returns over the coming years if you purchase them now.

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First Solar

Sunnova Energy International Inc

SolarEdge Technologies

SunPower

New subsidies could be a boost for parts of the solar industry.

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Rosy value creation assumptions are starting to fall apart at Sunrun.

Sunrun's Numbers Don't Add Up

Array Technologies

SunPower and Sunrun didn't exactly impress investors with the quarterly results they reported this week. It didn't help that the Federal Reserve raised interest rates again.

Why Solar Energy Stocks Dropped This Week

Solar energy stocks are facing multiple headwinds right now.

Why Solar Energy Stocks Are Getting Crushed Right Now

Sunrun Inc. (NASDAQ:RUN ) Q1 2023 Results Conference Call May 3, 2023 4:30 PM ET Company Participants Patrick Jobin - Senior VP of Finance and IR Mary Powell - Chief Executive Officer and Director Paul Dickson - Sunrun's Chief Revenue Officer Danny Abajian - Chief Financial Officer Conference Call Participants Julien Dumoulin-Smith - BOA Brian Lee - Goldman Sachs Tristan Richardson - Scotia Bank Andrew Percoco - Morgan Stanley James West - Evercore ISI Colin Rusch - Oppenheimer Maheep Mandloi - Credit Suisse Philip Shen - ROTH MKM Sophie Karp - KeyBanc Luke Tilkens - Piper Sandler Operator Good afternoon, and welcome to Sunrun's First Quarter 2023 Earnings Conference Call. [Operator Instructions] Please note that this call is being recorded and that 1 hour has been allocated for the call, including the Q&A session.

Sunrun Inc. (RUN) Q1 2023 Earnings Call Transcript

Solar Energy Capacity Installed of 240 Megawatts, exceeding the high-end of guidance Net Subscriber Value of $12,000, exceeding guidance Sales activities growing over 30% year-over-year in Q1, with over 80% growth in California Launched Sunrun Shift™ offering in California, sales activities increasing significantly in recent weeks Annual Recurring Revenue now $1.1 billion with Average Contract Life Remaining of 17.6 years Networked Solar Energy Capacity of 5.9 Gigawatts SAN FRANCISCO, May 03, 2023 (GLOBE NEWSWIRE) -- Sunrun (Nasdaq: RUN), the nation's leading provider of residential solar, storage and energy services, today announced financial results for the quarter ended March 31, 2023. “The Sunrun team is focused on crushing it on the fundamentals, driving strong, profitable and sustainable growth.

Sunrun Reports First Quarter 2023 Financial Results

Brookfield Renewable Partners

NextEra Energy

The move toward decarbonization and the global transition to renewable energy sources is accelerating. According to the International Energy Agency (IEA), renewable power sources will surpass coal to become the world's biggest source of electricity generation by early 2025.

3 Stocks to Buy as the World Moves Toward Decarbonization

Revenue growth is strong and so is profitability in early 2023. What investors didn't like was its guidance.

Why Solar Energy Stocks Dropped on Wednesday

On paper, without any other context, solar technology specialist Enphase Energy (NASDAQ: ENPH ) delivered encouraging results for its first-quarter earnings report. According to Zacks Equity Research, Enphase generated earnings per share of $1.37, beating the consensus target of $1.21.

Why Are Solar Stocks ENPH, RUN, SEDG, SPWR Down Today?

Sunrun (RUN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Will Sunrun (RUN) Report Negative Earnings Next Week? What You Should Know

NEW YORK--(BUSINESS WIRE)-- #KBRA--KBRA assigns preliminary ratings to two classes of notes issued by Sunrun Iris Issuer 2023-1. The transaction is collateralized by a diversified pool of 25,679 leases and Power Purchase Agreements (“PPAs”) associated with residential solar photovoltaic installations (“PV Systems”), some of which have energy storage equipment. The total aggregate discounted solar asset balance (“ADSAB”) based on a discount rate of 7.15% (PV7.15 ADSAB), consisting of the discounted paym.

KBRA Assigns Preliminary Ratings to Sunrun Iris Issuer 2023-1, LLC

Sixth annual Impact Report highlights company's progress toward long-term sustainable value, profitable growth, and operating responsibility Sixth annual Impact Report highlights company's progress toward long-term sustainable value, profitable growth, and operating responsibility

Sunrun Releases 2022 Impact Report

If there was any piece of legislation in the history of the United States that was a huge boost for the green energy contingent it was the so-called Inflation Reduction Act (IRA).

Goldman Sachs Says Top ‘Strong Buy' Solar Stocks Could Smash Earnings Expectations

Shoals Technologies Group

Solar energy is a fast-growing industry that is expected to achieve a compound annual growth rate of about 17.32% through 2027, according to estimates from Mordor Intelligence. Grand View Research also has an optimistic outlook for the industry, anticipating a CAGR of 15.3% through 2030.

4 Solar Stocks Gurus Are Bullish On

Sunrun Inc (NASDAQ: RUN) has been a disappointment for its shareholders in recent months but a significant recovery may be in the books over the next twelve months, as per a KeyBanc analyst.

Buy Sunrun shares for a 35% return over the next 12 months: KeyBanc

Proposed changes to California's net-metering rules have cut the share prices for companies like Sunrun (NASDAQ: SUN) and Enphase (NASDAQ: ENPH), but analysts still see a bright future. Net-metering, the ability to sell unused power back to the grid, is critical in selling solar to the masses.

The Analysts See A Bright Future For Sunrun

Sunrun (NASDAQ:RUN) is getting some shine from analysts today, after Keybanc upgraded the alternative energy stock to "overweight" from "sector weight.

Options Bulls Cheer Sunrun Stock Upgrade

Shares in solar power installer Sunrun (NASDAQ: RUN ) rose 5% on April 17 and another 4% overnight after a KeyCorp analyst predicted a rally of 30%. Sophie Karp put an “overweight” rating on the stock, which has been rallying since late March.

Solar Stocks Alert: This Analyst Just Upgraded Sunrun (RUN) Stock

Sunrun reported that more than 10% of its cash had been deposited at Silicon Valley Bank. Several key insiders sold stock last month.

Why Sunrun's Stock Dropped 16.2% in March

Earnings Release and Conference Call Scheduled for May 3, 2023 Earnings Release and Conference Call Scheduled for May 3, 2023

Sunrun Announces Date and Conference Call Details for First Quarter 2023 Earnings Report

Sunrun (RUN) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.

Strength Seen in Sunrun (RUN): Can Its 11.7% Jump Turn into More Strength?

Although the collapse of two major financial institutions sparked fears about banking system instability, the sector wasn't the only victim of the fallout. Solar energy specialists Sunrun (NASDAQ: RUN ) and Sunnova (NYSE: NOVA ) fell sharply since the crisis erupted, leading to worrying year-to-date losses.

News for Sunrun Stock (RUN)