Quarterly ResultMay 6, 2026, 04:19 PM
Sunrun Q1 Revenue +43% to $722.2M; EPS $0.71
AI Summary
Sunrun Inc. reported a strong first quarter for 2026, with total revenue increasing by 43% to $722.2 million and net income attributable to common stockholders surging by 235% to $167.6 million. Basic earnings per share rose significantly to $0.71 from $0.22 in the prior year. The company also saw a substantial improvement in cash flow from operating activities, moving from a net cash used position to a net cash provided position.
Key Highlights
- Total revenue increased 43.2% to $722.2 million for Q1 2026.
- Net income attributable to common stockholders rose 235.2% to $167.6 million.
- Basic EPS was $0.71, up from $0.22 in Q1 2025.
- Energy systems and product sales revenue grew 151.0% to $254.4 million.
- Customer agreements and incentives revenue increased 16.1% to $467.8 million.
- Net cash provided by operating activities was $10.6 million, compared to $(104.2) million used in Q1 2025.
- Contracted but not yet recognized revenue was approximately $38.0 billion as of March 31, 2026.
Price Impact
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