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.

TypePublic
Founded2007
HQSan Francisco, CA, US
Websitesunrun.com
Employee Ratings3.6
Overall CultureA+

Latest Updates

Employees (est.) (Dec 2019)4,800(+10%)
Job Openings647
Revenue (FY, 2020)$922.2 M(+8%)
Share Price (Sept 2021)$44.5(-3%)
Cybersecurity ratingCMore

Key People/Management at Sunrun

Lynn Jurich

Lynn Jurich

Chief Executive Officer, Director
Chris Dawson

Chris Dawson

Chief Operating Officer
Tom Vonreichbauer

Tom Vonreichbauer

Chief Financial Officer
Anne Hoskins

Anne Hoskins

Chief Policy Officer
Michael Sachdev

Michael Sachdev

Chief Product Officer
Jeanna Steele

Jeanna Steele

General Counsel
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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
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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
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

453.9m529.7m760.0m858.6m922.2m

Revenue growth, %

49%17%43%13%

Cost of goods sold

399.2m448.1m534.9m645.8m

Gross profit

54.7m81.6m225.1m212.7m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

104.1m137.8m141.3m144.4m170.5m205.0m194.5m204.6m215.5m210.7m106.1m114.5m334.8m

Cost of goods sold

93.8m108.1m118.8m119.2m122.0m139.4m142.3m156.9m159.4m83.4m77.4m

Gross profit

10.4m29.8m22.5m25.2m48.5m65.6m52.2m47.7m56.2m22.7m37.1m

Gross profit Margin, %

10%22%16%17%28%32%27%23%26%21%32%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

206.4m202.5m226.6m269.6m520.0m

Accounts Receivable

60.3m76.2m66.4m77.7m95.1m

Prepaid Expenses

9.8m9.2m8.6m26.0m51.5m

Inventories

67.3m94.4m79.5m260.6m283.0m
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

(303.3m)(286.7m)(260.2m)(391.0m)(626.9m)

Depreciation and Amortization

4.2m136.4m156.0m187.2m242.9m

Inventories

4.0m(27.1m)15.0m(181.1m)47.6m

Accounts Payable

(40.3m)47.8m8.8m67.4m(45.7m)
USDFY, 2016

Revenue/Employee

150.3k

Debt/Equity

1.2 x

Debt/Assets

0.2 x

Financial Leverage

5.3 x
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Sunrun Operating Metrics

Sunrun's Customers was reported to be 271 k in Q3, 2019.
FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019

Customers

134 k180 k189 k202 k218 k233 k242 k255 k271 k

Megawatts Deployed to Date

8799511.03 k1.12 k1.2 k1.27 k1.36 k1.46 k1.58 k1.66 k1.76 k1.87 k1.99 k

Megawatts Deployed

2827376903236891100229.586133.9218.8

Megawatts Booked

285748893337
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Sunrun Acquisitions / Subsidiaries

Company NameDateDeal Size
Vivint SolarJuly 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
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Sunrun Revenue Breakdown

Embed Graph

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

Human Capital Metrics

Source: github.com
Embed Graph
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Sunrun Cybersecurity Score

Cybersecurity ratingPremium dataset

C

71/100

SecurityScorecard logo

Sunrun Online and Social Media Presence

Embed Graph

Sunrun Company Culture

  • Overall Culture

    A+

    83/100

  • CEO Rating

    A+

    92/100

  • Compensation

    A+

    86/100

  • Diversity

    A

    82/100

Learn more on Comparably

Sunrun News and Updates

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?

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.

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

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...

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…

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…
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Sunrun Blogs

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…

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…

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…

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…

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 …

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…
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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.