📊 RUN Key Takeaways
Is Sunrun Inc. (RUN) a Good Investment?
Sunrun exhibits strong top-line growth (45% revenue, 64.5% net income), but the company reports negative operating income (-$43.5M), indicating the core business is unprofitable. Combined with extreme leverage (4.43x debt-to-equity) and anemic free cash flow generation ($9.1M on $722M revenue, 1.3% margin), the company faces structural profitability and financial stress despite surface-level growth metrics.
Sunrun Inc. Key Strengths (RUN)
- Strong revenue growth of 45% YoY demonstrates market demand and scaling
- Net income positive and growing faster than revenue (64.5% YoY growth)
- Adequate cash position of $679.6M provides short-term liquidity buffer
- Net profit margin of 23.2% shows some profitability at bottom line
RUN Stock Risks: Sunrun Inc. Investment Risks
- Negative operating income (-$43.5M, -6.0% margin) indicates core business is unprofitable before financing
- Extreme leverage at 4.43x debt-to-equity with $14.8B long-term debt creates debt service vulnerability
- Critically weak cash generation with only $10.6M operating cash flow (1.5% of revenue) raises sustainability concerns
- Very low returns metrics (ROE 5.0%, ROA 0.7%) inconsistent with risk profile from high leverage
- Quick ratio at 1.09x approaching concerning levels; minimal cash cushion relative to short-term obligations
Key Metrics to Watch
- Operating income trend - must achieve and sustain profitability at operating level
- Free cash flow and operating cash flow conversion - current generation is insufficient for debt service
- Debt reduction progress and leverage ratio - 4.43x is unsustainable long-term
- Interest coverage ratio improvement - currently not disclosed, likely concerning given negative operating income
Sunrun Inc. (RUN) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The relatively thin 1.3% FCF margin may limit capital allocation flexibility.
RUN Profit Margin, ROE & Profitability Analysis
RUN vs Utilities Sector: How Sunrun Inc. Compares
How Sunrun Inc. compares to Utilities sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Sunrun Inc. Stock Overvalued? RUN Valuation Analysis 2026
Based on fundamental analysis, Sunrun Inc. has mixed fundamental signals relative to the Utilities sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Sunrun Inc. Balance Sheet: RUN Debt, Cash & Liquidity
RUN Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Sunrun Inc.'s revenue has grown significantly by 84% over the 5-year period, indicating strong business expansion. The most recent EPS of $-7.41 indicates the company is currently unprofitable.
RUN Revenue Growth, EPS Growth & YoY Performance
RUN Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $504.3M | $50.0M | $0.20 |
| Q3 2025 | $537.2M | $16.6M | $0.06 |
| Q2 2025 | $523.9M | $51.3M | $0.23 |
| Q1 2025 | $458.2M | $50.0M | $0.20 |
| Q3 2024 | $537.2M | -$32.5M | $-0.15 |
| Q2 2024 | $523.9M | $51.3M | $0.23 |
| Q1 2024 | $458.2M | -$87.8M | $-0.40 |
| Q3 2023 | $563.2M | $110.4M | $0.51 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Sunrun Inc. Dividends, Buybacks & Capital Allocation
RUN SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Sunrun Inc. (CIK: 0001469367)
📋 Recent SEC Filings
❓ Frequently Asked Questions about RUN
What is the AI rating for RUN?
Sunrun Inc. (RUN) has an AI grade of C with 75% confidence, based on fundamental analysis of SEC EDGAR filings.
What are RUN's key strengths?
Claude: Strong revenue growth of 45% YoY demonstrates market demand and scaling. Net income positive and growing faster than revenue (64.5% YoY growth).
What are the risks of investing in RUN?
Claude: Negative operating income (-$43.5M, -6.0% margin) indicates core business is unprofitable before financing. Extreme leverage at 4.43x debt-to-equity with $14.8B long-term debt creates debt service vulnerability.
What is RUN's revenue and growth?
Sunrun Inc. reported revenue of $722.2M.
Does RUN pay dividends?
Sunrun Inc. does not currently pay dividends.
Where can I find RUN SEC filings?
Official SEC filings for Sunrun Inc. (CIK: 0001469367) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is RUN's EPS?
Sunrun Inc. has a diluted EPS of $0.62.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.
What is RUN's fundamental grade?
Based on our AI fundamental analysis in May 2026, Sunrun Inc. has a C grade with 75% confidence. Review the strengths and risks sections above for full context. This is not investment advice.
Is RUN stock overvalued or undervalued?
Valuation metrics for RUN: ROE of 5.0% (sector avg: 10%), net margin of 23.2% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.
What is RUN's AI grade for 2026?
Our dual AI analysis gives Sunrun Inc. a combined C grade for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.
What is RUN's free cash flow?
Sunrun Inc.'s operating cash flow is $10.6M, with capital expenditures of $1.6M. FCF margin is 1.3%.
How does RUN compare to other Utilities stocks?
Vs Utilities sector averages: Net margin 23.2% (avg: 12%), ROE 5.0% (avg: 10%), current ratio 1.45 (avg: 0.8).
Is Sunrun Inc. carrying too much debt?
RUN has a debt-to-equity ratio of 4.43x, which is above the Utilities sector average of 1.4x. However, the current ratio of 1.45 suggests adequate short-term liquidity.