Investors might want to bet on Sunrun (RUN) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Since a changing ea ...

Sunrun Inc (NASDAQ:RUN) shares are trading sharply lower Friday after the solar and storage provider posted fourth-quarter results after the bell Thursday that topped Wall Street forecasts but highlighted slower growth. Here’s what investors need to know.Sunrun shares are sliding. Why is RUN stock dropping?Q4 Earnings And Sales Beat EstimatesThe company reported adjusted fourth-quarter earnings of 38 cents per share, smashing analyst expectations for a loss of 8 cents, though profits fell sharply from $1.41 ...

Sunrun (NasdaqGS:RUN) Q4 2025 Earnings call February 26, 2026 04:30 PM ET Company ParticipantsAmeet Thakkar - Director of Equity ResearchChris Dendrinos - VP of Equity ResearchDanny Abajian - CFOJulien Dumoulin-Smith - Managing DirectorMaheep Mandloi - Director of Equity ResearchMary Powell - CEOMoses Sutton - Managing DirectorPatrick Jobin - SVP, Deputy CFO and Investor Relations OfficerPaul Dickson - President and CROPhilip Shen - Managing DirectorConference Call ParticipantsAndre Adams - Equity Research ...

Sunrun (NasdaqGS:RUN) Q4 2025 Earnings call February 26, 2026 04:30 PM ET Company ParticipantsAmeet Thakkar - Director of Equity ResearchChris Dendrinos - VP of Equity ResearchDanny Abajian - CFOJulien Dumoulin-Smith - Managing DirectorMaheep Mandloi - Director of Equity ResearchMary Powell - CEOMoses Sutton - Managing DirectorPatrick Jobin - SVP, Deputy CFO and Investor Relations OfficerPaul Dickson - President and CROPhilip Shen - Managing DirectorConference Call ParticipantsAndre Adams - Equity Research ...

Financial Data and Key Metrics Changes - In Q4 2025, Sunrun generated $377 million in cash, with a full-year cash generation of $377 million, and paid down approximately $150 million of parent-level recourse debt [9][28][33] - Subscriber additions were approximately 25,000 in Q4, bringing the full year total to 108,000, which is approximately flat from the prior year [20] - Subscriber Value was approximately $50,200, a 2% decrease compared to the prior year, while Net Subscriber Value decreased by $3,800 year-over-year to approximately $9,100 [23][24] Business Line Data and Key Metrics Changes - Storage attachment rates increased by 9 percentage points to 71%, allowing for a 26% growth in installed storage capacity [20][24] - Average system size grew by 4%, leading to similar growth in solar capacity installed [20] - The company reported an 18% decrease in Aggregate Subscriber Value to $1.3 billion in Q4 [25] Market Data and Key Metrics Changes - Sunrun's Texas market experienced a 25% year-on-year growth, driven by higher power prices and extreme weather events [19] - The company dispatched 425 MW to the grid, equivalent to the peaking capacity in some states, and generated tens of millions of dollars in revenue from dispatching energy onto the grid [6][14] Company Strategy and Development Direction - Sunrun aims to expand its storage attachment rate and enhance customer experience while focusing on higher value storage-first offerings [10][11] - The company plans to reduce volume through affiliate channels by over 40% in 2026 to improve customer experience and operational control [11] - Sunrun is focused on becoming the largest distributed power plant operator, leveraging its assets as a grid resource [12][13] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in delivering robust growth in 2026 at higher margins, despite a slight decline in overall volumes due to strategic changes [10][11] - The company anticipates cash generation to be between $250 million and $450 million for the full year 2026, with a focus on maintaining a share of long-term customer cash flows under new partnership structures [36][38] - Management highlighted the importance of navigating complex regulatory environments and evolving utility rate structures as key to maintaining competitive advantages [11][17] Other Important Information - Sunrun launched innovative customer products in 2025, including Flex, which has reached thousands of installs per quarter [12] - The company entered a new partnership with Hannon Armstrong to finance residential storage and solar energy assets, expected to drive efficient capital formation [18][32] Q&A Session Summary Question: Cash Generation Drivers for 2026 - Management acknowledged stable guidance for cash generation but noted potential offsets due to lower volume and higher costs [41][42] Question: Asset Sales Model and Volume Expectations - Management indicated that the asset sales model would fluctuate but expected a decline from the recent 50% level in asset sales [45][46] Question: Retained vs. Non-Retained Assets - Management confirmed that both retained and non-retained assets would be part of the mix, with ongoing adjustments based on market conditions [49][50] Question: Demand Environment and Affiliate Competition - Management noted that the demand environment is complex, with opportunities to capture market share from affiliates as they navigate regulatory challenges [61][62] Question: Impact of Delayed FEOC Guidelines - Management stated that the delayed guidelines have not significantly impacted Sunrun, as the company has developed strong partnerships and diversified its capital structure [67][70]

4Q 2025 Operating & Financial Results February 26, 2026 4Q25 Earnings Presentation Safe harbor & forward looking statements This communication contains forward-looking statements related to Sunrun (the "Company") within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements related to: the Company's financial and opera ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-37511 Sunrun Inc. (Exact name of Registrant as specified in its Charter) Delaware 26-2841711 (State or other jurisdiction of incorporation or organization) (I.R.S. Emp ...

Exhibit 99.1 Sunrun Reports Fourth Quarter and Full Year 2025 Financial Results Net change in cash and restricted cash of $290 million and Cash Generation of $377 million in 2025 1 Outlook for positive Cash Generation in the range of $250 million to $450 million for full year 2026 2 Aggregate Subscriber Value of $1.3 billion in Q4 Contracted Net Value Creation of $176 million in Q4, or $0.76 per share Storage Attachment Rate reached record 71% in Q4 Paid down $81 million of recourse debt in Q4 with excess c ...

Net change in cash and restricted cash of $290 million and Cash Generation1 of $377 million in 2025 Outlook for positive Cash Generation2 in the range of $250 million to $450 million for full year 2026 Aggregate Subscriber Value of $1.3 billion in Q4 Contracted Net Value Creation of $176 million in Q4, or $0.76 per share Storage Attachment Rate reached record 71% in Q4 Paid down $81 million of recourse debt in Q4 with excess cash SAN FRANCISCO, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Sunrun (Nasdaq: RUN), America ...

In its upcoming report, Sunrun (RUN) is predicted by Wall Street analysts to post quarterly loss of -$0.08 per share, reflecting a decline of 105.7% compared to the same period last year. Revenues are forecasted to be $656.91 million, representing a year-over-year increase of 26.7%.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Before a company announ ...