NASDAQ$RUN

Sunrun Inc. · Q1 2025 earnings

Q1 2025 earnings · · After market close · Investor relations

Briefing

Sunrun reported Q1 2025 total revenue of $504M with net income attributable to common stockholders of $50M and diluted EPS of $0.20.

Total revenue was $504.3 million while the consolidated net loss reflected non-controlling interests; net income attributable to common stockholders was $50.0 million, or $0.20 per diluted share, after tax benefits and fair-value items.

  • Q1 total revenue $504M (+10% YoY).
  • Net income to common $50M; diluted EPS $0.20.
  • Customer agreements and incentives in cost structure.
  • Interest expense and NCI affect GAAP net loss.

Headline financials

Total Revenue

$504M

Previous: $458M+10.1%
EPS (adj)

$0.20

Previous: -$0.40+150.0%
Net Income

$50M

Previous: -$87.8M+156.9%
Operating Income

-$115K

Previous: -$183M+99.9%

Revenue & EPS history

Sunrun · Revenue · Quarterly

$504M

Q1 2025+10.1%vs Q1 2024
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Revenue by segment

Sunrun · $563M total across 2 segments · Q3 2023

  • Customer agreements
    $317M+16.7%
  • Energy systems & sales
    $247M-31.6%

Forward guidance

Management discusses operational priorities, capital allocation, and sector risks in the quarterly filing.

Tailwinds

  • Headline results and liquidity position.
  • Segment or product trends in MD&A.
  • Strategic initiatives and cost programs.

Headwinds

  • Macro demand and margin pressure.
  • One-time items affecting comparability.
  • Execution risk on growth plans.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

-0.7%

Avg return

Earnings day

-2.1%

Avg return

5 days after

+1.4%

Avg return

30 days after

53%

24 / 45 earnings

Positive

+22.0%

Q1 2018

Best reaction

-35.0%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-4.7%+7.5%-0.7%
Q4 2025-35.0%-40.4%-38.3%
Q3 2025-16.0%-4.8%-13.9%
Q1 2025+15.0%+61.0%+15.2%
Q4 2024-8.3%-12.8%-24.9%
Q3 2024-14.0%-18.2%-11.1%
Q2 2024+10.8%+8.2%+16.5%
Q1 2024+5.3%-2.2%+14.2%
Q4 2023-19.6%-28.4%-28.6%
Q3 2023+8.3%+6.6%+48.6%
Q2 2023+0.3%-8.4%-17.4%
Q1 2023-13.0%-11.5%-3.8%
Q4 2022-1.4%-2.5%-24.9%
Q3 2022+13.9%+2.5%+42.5%
Q2 2022+2.0%+9.4%+0.6%
Q1 2022+8.9%-8.1%+16.7%
Q4 2021-12.4%-15.1%+25.4%
Q3 2021-3.6%-4.0%-31.5%
Q2 2021-8.4%-6.3%-13.8%
Q1 2021+7.7%-6.0%-2.5%
Q4 2020+0.0%+2.8%-8.7%
Q3 2020+6.9%-0.8%+6.9%
Q2 2020-7.9%-0.8%+20.1%
Q1 2020+4.2%+9.9%+41.1%
Q4 2019-7.5%-6.7%-51.1%
Q3 2019-4.6%+1.9%-1.8%
Q2 2019+0.1%-14.5%-19.7%
Q1 2019-7.3%-14.6%-2.4%
Q4 2018+2.4%-0.1%-9.8%
Q3 2018-2.9%-4.1%+7.6%
Q2 2018-7.0%-7.9%-14.2%
Q1 2018+22.0%+15.5%+34.6%
Q4 2017-6.1%-0.7%+38.1%
Q3 2017+6.5%+3.6%-2.2%
Q2 2017-3.0%-6.2%-2.8%
Q1 2017+2.0%+0.1%+10.4%
Q4 2016-0.6%-5.9%+1.3%
Q3 2016+6.7%+2.5%+22.1%
Q2 2016+19.3%+16.7%+16.1%
Q1 2015+3.3%
Q1 2016+3.8%
Q4 2015-4.4%
Q3 2015+4.6%
Q4 2014+0.5%
Q2 2015+1.0%
Q3 2014
Q2 2014
Q1 2014

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