OverviewSuggest Edit
Sunrun is a provider of residential solar electricity. It operates through the residential solar service model and invests in a platform of services and tools to enable large scale operations. The platform includes processes and software, as well as fulfillment through AEE Solar, racking through SnapNrack, and acquisition marketing through clean energy experts.
| Type | Public | |
| Founded | 2007 | |
| HQ | San Francisco, CA, US | Map |
| Website | sunrun.com | |
| Employee Ratings | More | |
| Overall Culture | A+ | More |
Recent NewsAll News
- Sunrun Stock Set For Bounce Back After Losing 5% Last Week?
- Needham rates Sunrun as a buy, says stock can rise nearly 70% amid industry growth, battery push
- Sunrun and GRID Alternatives Celebrate Ten Years of Partnership Expanding Solar Access
- Thinking about trading options or stock in Anaplan, AMC Entertainment, Sunrun, American Airlines, or Alibaba?
Key People/Management at Sunrun
Lynn Jurich
Chief Executive Officer, Director
Chris Dawson
Chief Operating Officer
Tom Vonreichbauer
Chief Financial Officer
Anne Hoskins
Chief Policy Officer
Michael Sachdev
Chief Product Officer
Jeanna Steele
General Counsel
Sunrun Office Locations
Sunrun has offices in San Francisco, Bakersfield, Denver, Downey and in 27 other locations
San Francisco, CA, US (HQ)
225 Bush St 14th floor, San Francisco
Bakersfield, CA, US
3615 Patton Way
Denver, CO, US
717 17th St
Downey, CA, US
9220 Hall Rd
Dublin, CA, US
6761 Sierra Ct Ste C & B
Evesham Township, NJ, US
20 W Stow Rd #2, Marlton
Sunrun Financials and Metrics
Sunrun Revenue
Sunrun's revenue was reported to be $922.19 m in FY, 2020
| USD | |
|---|---|
Revenue (Q1, 2021) | 334.8m |
Net income (Q1, 2021) | (204.3m) |
EBIT (Q1, 2021) | (178.5m) |
Market capitalization (14-Sept-2021) | 9.1b |
Closing stock price (14-Sept-2021) | 44.5 |
Cash (31-Mar-2021) | 649.5m |
EV | 14.3b |
Sunrun's current market capitalization is $9.1 b.
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 104.1m | 137.8m | 141.3m | 144.4m | 170.5m | 205.0m | 194.5m | 204.6m | 215.5m | 210.7m | 106.1m | 114.5m | 334.8m |
Cost of goods sold | 93.8m | 108.1m | 118.8m | 119.2m | 122.0m | 139.4m | 142.3m | 156.9m | 159.4m | 83.4m | 77.4m | ||
Gross profit | 10.4m | 29.8m | 22.5m | 25.2m | 48.5m | 65.6m | 52.2m | 47.7m | 56.2m | 22.7m | 37.1m | ||
Gross profit Margin, % | 10% | 22% | 16% | 17% | 28% | 32% | 27% | 23% | 26% | 21% | 32% |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 203.8m | 211.3m | 216.1m | 203.2m | 215.7m | 242.9m | 245.6m | 299.5m | 324.7m | 286.4m | 269.6m | 276.1m | 649.5m |
Accounts Receivable | 54.1m | 64.0m | 73.0m | 111.0m | 123.3m | 65.4m | 67.5m | 77.8m | 75.4m | 65.5m | 60.0m | 70.7m | 125.5m |
Prepaid Expenses | 11.6m | 12.6m | 13.9m | 6.5m | 9.1m | 9.7m | 9.6m | 8.7m | 8.8m | 10.8m | 13.6m | 15.8m | 40.1m |
Inventories | 59.6m | 52.7m | 63.3m | 87.9m | 81.3m | 96.0m | 76.2m | 89.8m | 109.8m | 257.6m | 210.5m | 178.0m | 289.8m |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | (73.1m) | (138.3m) | (218.5m) | (91.4m) | (163.1m) | (210.7m) | (86.9m) | (191.5m) | (304.0m) | (109.5m) | (244.1m) | (329.5m) | (204.3m) |
Depreciation and Amortization | 1.1m | 65.3m | 99.7m | 36.2m | 74.0m | 113.7m | 43.7m | 89.0m | 138.6m | 51.0m | 103.0m | 156.3m | 92.0m |
Inventories | 7.7m | 14.6m | 4.0m | 6.5m | 13.1m | (1.6m) | 3.3m | (10.4m) | (30.3m) | 3.0m | 50.1m | 82.6m | (6.7m) |
Accounts Payable | (4.4m) | 2.6m | 31.7m | (13.0m) | (32.8m) | 18.3m | (22.6m) | (1.6m) | 6.7m | (55.6m) | (98.9m) | (57.5m) | 1.5m |
| USD | FY, 2016 |
|---|---|
Revenue/Employee | 150.3k |
Debt/Equity | 1.2 x |
Debt/Assets | 0.2 x |
Financial Leverage | 5.3 x |
Sunrun Operating Metrics
Sunrun's Customers was reported to be 271 k in Q3, 2019.
| FY, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Customers | 134 k | 180 k | 189 k | 202 k | 218 k | 233 k | 242 k | 255 k | 271 k | ||||
Megawatts Deployed to Date | 879 | 951 | 1.03 k | 1.12 k | 1.2 k | 1.27 k | 1.36 k | 1.46 k | 1.58 k | 1.66 k | 1.76 k | 1.87 k | 1.99 k |
Megawatts Deployed | 282 | 73 | 76 | 90 | 323 | 68 | 91 | 100 | 229.5 | 86 | 133.9 | 218.8 | |
Megawatts Booked | 285 | 74 | 88 | 93 | 337 |
Sunrun Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Vivint Solar | July 06, 2020 | $3.2 b |
| AEE Solar, Inc. | ||
| CLEAN ENERGY EXPERTS LLC | ||
| SR Lease Co II, LLC | ||
| Sunrun Aurora Holdco 2014, LLC | ||
| Sunrun Aurora Manager 2014, LLC | ||
| Sunrun Aurora Portfolio 2014-A, LLC | ||
| Sunrun Aurora Portfolio 2014-B, LLC | ||
| Sunrun Balerion Manager 2015, LLC | ||
| Sunrun Balerion Owner 2015, LLC |
Sunrun Revenue Breakdown
Sunrun revenue breakdown by business segment: 21.8% from Products, 33.0% from Solar Energy Systems, 40.2% from Customer Agreements and 4.9% from Other
Sunrun Cybersecurity Score
Sunrun Online and Social Media Presence
49.75k Twitter followers
Sunrun has 49.75k Twitter Followers. The number of followers has increased 0.4% month over month and increased 1.1% quarter over quarter
Sunrun's Trends
Twitter Engagement Stats for @Sunrun
9.4k
Tweets
6.8k
Following
49.7k
Followers
249
Tweets last 30 days
2.5
Avg. likes per Tweet
34.5%
Tweets with engagement
Sunrun Company Culture
Overall Culture
A+
83/100
CEO Rating
A+
92/100
Compensation
A+
86/100
Diversity
A
82/100
Sunrun News and Updates
September 13, 2021
Sunrun Stock Set For Bounce Back After Losing 5% Last Week?
Sunrun’s stockRUN reached its 52-week high of $101 in January 2021, and has since dropped from that level. However, after a 5% fall in a week, will Sunrun stock continue its downward trajectory over the coming weeks, or is a recovery in the stock imminent?
September 10, 2021
Needham rates Sunrun as a buy, says stock can rise nearly 70% amid industry growth, battery push
Solar stocks like Sunrun have struggled in 2021, but Needham is still bullish on the industry's growth prospects.
September 08, 2021
Sunrun and GRID Alternatives Celebrate Ten Years of Partnership Expanding Solar Access
Partnership has facilitated 198,000 hours of clean energy job training and more than 4,500 solar only or solar and battery installations in low-income communities
September 01, 2021
Thinking about trading options or stock in Anaplan, AMC Entertainment, Sunrun, American Airlines, or Alibaba?
NEW YORK, Sept. 1, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for PLAN, AMC, RUN, AAL, and BABA. Click a link below then choose between in-depth options trade idea report or a stock score report. Options Report – Ideal trade ideas on up to seven different...
August 25, 2021
Sunrun Launches Innovative Education Program to Upskill America’s Workforce for Green Careers
Sunrun’s PowerU benefits program will provide employees fully-funded education opportunities, including a first-of-its-kind electrician apprenticeship program Sunrun’s PowerU benefits program will provide employees fully-funded education opportunities, including a first-of-its-kind electrician appre…
August 18, 2021
Self-Help Enterprises and Sunrun Celebrate Completion of Solar Installation for Renters in San Joaquin Valley
Ribbon cutting event at Sand Creek rental community marks first completed Solar on Multifamily Affordable Housing (SOMAH) project between Sunrun and Self-Help Enterprises; 14 more projects in development Ribbon cutting event at Sand Creek rental community marks first completed Solar on Multifamily A…
Sunrun Blogs
May 05, 2021
Sunrun Reports First Quarter 2021 Financial Results
Customer Additions of 23,556 in Q1, Bringing Total Customers to over 573,000, 18% year-over-year growth in Customers pro-forma for Vivint Solar Increasing Full-Year Growth Guidance to 25% to 30% Net Subscriber Value of $8,197 resulting in Total Value Generated of $165 million during Q1 Annual Rec…
February 25, 2021
Sunrun Reports Fourth Quarter and Full Year 2020 Financial Results
Customer Additions of Approximately 23,500 in Q4, Bringing Total Customers to over 550,000, 18% year-over-year growth in Customers pro-forma for Vivint Solar Net Subscriber Value of $9,051 resulting in Total Value Generated of $170 million during Q4 Annual Recurring Revenue of $668 Million wit…
February 24, 2021
Sunrun Expands Home Solar and Battery Offering in Texas
As Texas faces unprecedented, extreme weather events, Sunrun’s expansion will help more Texans harness solar energy and power critical needs during outages
SAN FRANCISCO and SAN ANTONIO, Feb. 24, 2021 (GLOBE NEWSWIRE) -- Sunrun Inc. (Nasdaq:RUN), the nation’s leading home solar, battery storage a…
February 04, 2021
Sunrun Announces Date and Conference Call Details for Fourth Quarter 2020 Earnings Report
Earnings Release and Conference Call Scheduled for February 25, 2021
SAN FRANCISCO, Feb. 04, 2021 (GLOBE NEWSWIRE) -- Sunrun (Nasdaq: RUN) today announced that it will issue its fourth quarter 2020 earnings report after the market closes Thursday, February 25, 2021. A conference call has been sc…
January 26, 2021
Sunrun Inc. Announces Pricing of Offering of $350 Million of Convertible Senior Notes with 50% Conversion Premium
SAN FRANCISCO, Jan. 26, 2021 (GLOBE NEWSWIRE) -- Sunrun Inc. (Nasdaq: RUN) (“Sunrun”) today announced the pricing of $350 million aggregate principal amount of 0% convertible senior notes due 2026 (the “notes”) in a private placement to qualified institutional buyers pursuant to Rule 144A under the …
November 24, 2020
Sunrun Announces Environmental Justice Initiatives
Through Donations, Partnerships and Programs Across the Country, Sunrun will Expand Access to Solar Energy Savings and Jobs
SAN FRANCISCO, Nov. 24, 2020 (GLOBE NEWSWIRE) -- Sunrun, the nation’s leading residential solar, storage and energy services provider today announces five environmental just…
Sunrun Frequently Asked Questions
When was Sunrun founded?
Sunrun was founded in 2007.
Who are Sunrun key executives?
Sunrun's key executives are Lynn Jurich, Chris Dawson and Tom Vonreichbauer.
How many employees does Sunrun have?
Sunrun has 4,800 employees.
What is Sunrun revenue?
Latest Sunrun annual revenue is $922.2 m.
What is Sunrun revenue per employee?
Latest Sunrun revenue per employee is $192.1 k.
Who are Sunrun competitors?
Competitors of Sunrun include Trinity Solar, SunPower and SolarEdge.
Where is Sunrun headquarters?
Sunrun headquarters is located at 225 Bush St 14th floor, San Francisco, San Francisco.
Where are Sunrun offices?
Sunrun has offices in San Francisco, Bakersfield, Denver, Downey and in 27 other locations.
How many offices does Sunrun have?
Sunrun has 35 offices.
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