Sunrun (RUN) Revenue & Revenue Breakdown


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Sunrun Revenue Highlights


Latest Revenue (Y)

$2.04B

Latest Revenue (Q)

$537.17M

Main Segment (Y)

Service

Sunrun Revenue by Period


Sunrun Revenue by Year

DateRevenueChange
2024-12-31$2.04B-9.83%
2023-12-31$2.26B-2.65%
2022-12-31$2.32B44.19%
2021-12-31$1.61B74.58%
2020-12-31$922.19M7.41%
2019-12-31$858.58M12.97%
2018-12-31$759.98M43.47%
2017-12-31$529.70M16.70%
2016-12-31$453.90M49.01%
2015-12-31$304.61M53.41%
2014-12-31$198.56M262.73%
2013-12-31$54.74M-

Sunrun generated $2.04B in revenue during NA 2024, up -9.83% compared to the previous quarter, and up 237.34% compared to the same period a year ago.

Sunrun Revenue by Quarter

DateRevenueChange
2024-09-30$537.17M2.54%
2024-06-30$523.87M14.33%
2024-03-31$458.19M-11.31%
2023-12-31$516.59M-8.27%
2023-09-30$563.18M-4.58%
2023-06-30$590.19M0.06%
2023-03-31$589.85M-3.17%
2022-12-31$609.15M-3.60%
2022-09-30$631.91M8.10%
2022-06-30$584.58M17.91%
2022-03-31$495.78M13.91%
2021-12-31$435.23M-0.81%
2021-09-30$438.76M9.37%
2021-06-30$401.17M19.82%
2021-03-31$334.79M4.49%
2020-12-31$320.41M52.75%
2020-09-30$209.76M15.70%
2020-06-30$181.29M-13.97%
2020-03-31$210.73M-13.61%
2019-12-31$243.94M13.17%
2019-09-30$215.54M5.35%
2019-06-30$204.59M5.19%
2019-03-31$194.50M-19.00%
2018-12-31$240.12M17.15%
2018-09-30$204.96M20.18%
2018-06-30$170.54M18.13%
2018-03-31$144.36M-1.42%
2017-12-31$146.44M3.65%
2017-09-30$141.29M2.50%
2017-06-30$137.85M32.40%
2017-03-31$104.12M-13.66%
2016-12-31$120.58M7.63%
2016-09-30$112.03M-8.57%
2016-06-30$122.54M24.10%
2016-03-31$98.74M-0.90%
2015-12-31$99.64M20.63%
2015-09-30$82.60M13.63%
2015-06-30$72.69M46.33%
2015-03-31$49.68M-17.40%
2014-12-31$60.14M7.25%
2014-09-30$56.08M7.97%
2014-06-30$51.94M70.84%
2014-03-31$30.40M-

Sunrun generated $537.17M in revenue during Q3 2024, up 2.54% compared to the previous quarter, and up 91.02% compared to the same period a year ago.

Sunrun Revenue Breakdown


Sunrun Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23Dec 22Dec 21Dec 20
Customer Agreements$1.39B$1.08B$872.30M$725.22M$432.53M
Manufactured Product, Other$327.72M$416.70M$424.47M$312.11M$168.16M
Product$532.49M$1.07B$1.34B$783.39M$438.03M
Service$1.51B$1.19B$983.05M$826.56M$484.16M
Solar Energy Systems$204.78M$656.41M$913.90M$471.28M$269.87M
Incentives$116.81M$109.61M$110.75M$101.34M$51.63M

Sunrun's latest annual revenue breakdown by segment (product or service), as of Dec 24: Service (36.93%), Customer Agreements (34.07%), Product (13.07%), Manufactured Product, Other (8.04%), Solar Energy Systems (5.02%), and Incentives (2.87%).

Quarterly Revenue by Product

Product/ServiceDec 24Sep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
Customer Agreements$715.64M$368.64M$304.13M$287.84M$289.68M$274.49M$225.09M$215.57M$234.22M$232.00M$190.50M$175.53M$194.92M$196.94M$157.83M$137.54M$102.21M$98.53M$94.25M$92.44M
Solar Energy Systems$92.52M$47.19M$65.06M$89.55M$135.48M$202.48M$228.90M$262.89M$241.70M$209.31M$200.00M$163.88M$127.94M$90.42M$89.05M$101.77M$52.24M$44.58M$71.28M$91.19M
Service$776.40M$405.86M$322.97M$321.56M$316.53M$302.15M$246.47M$242.26M$271.21M$259.89M$209.69M$200.63M$231.87M$219.47M$174.60M$164.46M$114.48M$106.09M$99.12M$99.30M
Product$265.96M$131.31M$135.22M$195.03M$246.65M$288.04M$343.38M$366.89M$360.69M$324.69M$286.09M$234.60M$206.90M$181.69M$160.20M$155.95M$95.28M$75.20M$111.61M$144.64M
Manufactured Product, Other$173.44M$84.12M$70.16M$105.49M$111.18M$85.56M$114.47M$104.00M$119.00M$115.38M$86.09M$70.73M$78.96M$91.27M$71.15M$54.18M$43.04M$30.62M$40.33M$53.45M
Incentives$60.76M$37.22M$18.83M$33.71M$26.85M$27.66M$21.39M$26.68M$36.99M$27.88M$19.19M$25.09M$36.95M$22.54M$16.77M$26.92M$12.27M$7.57M$4.87M$6.86M

Sunrun's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: Service (37.24%), Customer Agreements (34.33%), Product (12.76%), Manufactured Product, Other (8.32%), Solar Energy Systems (4.44%), and Incentives (2.91%).

Sunrun Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
JKSJinkoSolar$118.68B$23.04B
CSIQCanadian Solar$7.61B$1.33B
FSLRFirst Solar$4.21B$887.67M
ENPHEnphase Energy$2.29B$380.87M
RUNSunrun$2.04B$537.17M
MAXNMaxeon Solar$1.12B$187.46M
SEDGSolarEdge$901.46M$265.40M
NOVASunnova Energy$839.92M$235.29M

RUN Revenue FAQ


What is Sunrun’s yearly revenue?

Sunrun's yearly revenue for 2024 was $2.04B, representing a decrease of -9.83% compared to 2023. The company's yearly revenue for 2023 was $2.26B, representing a decrease of -2.65% compared to 2022. RUN's yearly revenue for 2022 was $2.32B, representing an increase of 44.19% compared to 2021.

What is Sunrun’s quarterly revenue?

Sunrun's quarterly revenue for Q3 2024 was $537.17M, a 2.54% increase from the previous quarter (Q2 2024), and a -4.62% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $523.87M, a 14.33% increase from the previous quarter (Q1 2024), and a -11.24% decrease year-over-year (Q2 2023). RUN's quarterly revenue for Q1 2024 was $458.19M, a -11.31% decrease from the previous quarter (Q4 2023), and a -22.32% decrease year-over-year (Q1 2023).

What is Sunrun’s revenue growth rate?

Sunrun's revenue growth rate for the last 3 years (2022-2024) was -12.22%, and for the last 5 years (2020-2024) was 120.96%.

What are Sunrun’s revenue streams?

Sunrun's revenue streams in c 24 are Customer Agreements, Manufactured Product, Other, Product, Service, Solar Energy Systems, and Incentives. Customer Agreements generated $1.39B in revenue, accounting 34.07% of the company's total revenue, up 28.90% year-over-year. Manufactured Product, Other generated $327.72M in revenue, accounting 8.04% of the company's total revenue, down -21.35% year-over-year. Product generated $532.49M in revenue, accounting 13.07% of the company's total revenue, down -50.38% year-over-year. Service generated $1.51B in revenue, accounting 36.93% of the company's total revenue, up 26.84% year-over-year. Solar Energy Systems generated $204.78M in revenue, accounting 5.02% of the company's total revenue, down -68.80% year-over-year. Incentives generated $116.82M in revenue, accounting 2.87% of the company's total revenue, up 6.58% year-over-year.

What is Sunrun’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Sunrun was Service. This segment made a revenue of $1.51B, representing 36.93% of the company's total revenue.