If change means solving one of the biggest challenges of our time by reinventing the way millions of people power their homes with affordable clean energy, then we say bring it on. At Sunrun, we believe that running everything isn't just smart, it's brilliant. We’re doing the single most important thing we can–reinventing how homeowners get energy. It doesn’t hurt that we’re helping the planet, kick starting the economy and having fun while doing it. In 2007, Sunrun co-Founders Ed Fenster and Lynn Jurich set out to solve an important problem–the future of energy–by making home solar mainstream. Upfront cost was a huge barrier to home solar adoption, so they invented a way to remove it. In this pioneering model known as solar service, Sunrun allows homeowners to pay for the power, not the panels. This means Sunrun owns, maintains and monitors the system while homeowners pay for the electricity it produces at a low, locked-in rate–saving them money over time. Simply put, Sunrun makes solar easy and affordable. With high-quality solar service in 12 U.S. states, we’re the nation’s largest dedicated residential solar provider. Each business day we put $2 million worth of solar onto people’s roofs and facilitate one solar installation every 10 minutes. Our network of over 30 leading solar installers employs more than 3,000 people.
Type
Public
HQ
San Francisco, US
Founded
2007
Size (employees)
3,020 (est)-10%
Website
sunrun.com
Sunrun was founded in 2007 and is headquartered in San Francisco, US

Key People at Sunrun

Lynn Jurich

Lynn Jurich

Chief Executive Officer
Edward Fenster

Edward Fenster

Chairman

Sunrun Office Locations

Sunrun has offices in San Francisco, Nashua, Portland, Norwalk and in 57 other locations
San Francisco, US (HQ)
595 Market St., 29th Floor
Show all (61)

Sunrun Data and Metrics

Sunrun Financial Metrics

Sunrun's revenue was reported to be $453.9 m in FY, 2016 which is a 49% increase from the previous period.
USD

Revenue (FY, 2016)

453.9 m

Revenue growth (FY, 2015 - FY, 2016), %

49%

Net income (FY, 2016)

(303.3 m)

EBIT (FY, 2016)

(214.9 m)

Market capitalization (21-Jul-2017)

760.2 m

Cash (31-Dec-2016)

206.4 m
Sunrun's current market capitalization is $760.2 m.
USDFY, 2015FY, 2016

Revenue

304.6 m453.9 m

Revenue growth, %

49%

Sales and marketing expense

145.5 m162.8 m

R&D expense

9.7 m10.2 m

General and administrative expense

84.4 m92.4 m

Operating expense total

523.8 m668.8 m

EBIT

(219.2 m)(214.9 m)

EBIT margin, %

(72%)(47%)

Interest expense

33.2 m53.2 m

Pre tax profit

(254.2 m)(267.3 m)

Income tax expense

(5.3 m)36 m

Net Income

(248.9 m)(303.3 m)
USDFY, 2015FY, 2016

Cash

203.9 m206.4 m

Accounts Receivable

60.3 m60.3 m

Inventories

71.3 m67.3 m

Current Assets

360.5 m369.3 m

PP&E

44.9 m48.5 m

Goodwill

87.5 m87.5 m

Total Assets

2.7 b3.6 b

Accounts Payable

104.1 m66 m

Current Liabilities

253.2 m244.8 m

Total Liabilities

2.5 b

Additional Paid-in Capital

642.2 m668.1 m

Retained Earnings

(87.2 m)4.4 m

Total Equity

554.1 m673 m

Financial Leverage

4.9 x5.3 x
USDFY, 2015FY, 2016

Net Income

(248.9 m)(303.3 m)

Depreciation and Amortization

3.7 m4.2 m

Accounts Receivable

(15.5 m)674 k

Inventories

(47.3 m)4 m

Accounts Payable

50.9 m(40.3 m)

Cash From Operating Activities

(105.3 m)(150.6 m)

Purchases of PP&E

(13 m)(12.5 m)

Cash From Investing Activities

(627.5 m)(745.1 m)

Long-term Borrowings

(357.9 m)

Cash From Financing Activities

784.5 m898.2 m

Interest Paid

12 m26.2 m
Y, 2016

Financial Leverage

5.3 x

Sunrun Market Value History

Sunrun Median Salaries

Source: 52 public H-1B filings from Sunrun

Sunrun Online and Social Media Presence

Sunrun News and Updates

Sunrun Company Life and Culture

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