Sunrun (RUN) Cost of Revenue (2014 - 2026)
Sunrun (RUN) reported Cost of Revenue of $178.5 million for Q1 2026, up 22.29% on a YoY basis from $146.0 million in Q1 2025, and down 27.43% quarter-over-quarter from $246.0 million in Q4 2025.
Sunrun (RUN) Cost of Revenue (2014 - 2026) Analysis & Trends
Sunrun has reported Cost of Revenue for 13 years, with the latest figure at $178.5 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 22.29% year-over-year to $178.5 million; the trailing twelve-month figure through Mar 2026 stood at $741.8 million (up 21.43% YoY), and the FY2025 full-year result was $709.3 million, up 14.92% from the prior year.
- Cost of Revenue for Q1 2026 stood at $178.5 million, down from $246.0 million in the prior quarter.
- The five-year high for Cost of Revenue was $246.0 million in Q4 2025, with the low at $146.0 million in Q1 2025.
- Historically, Cost of Revenue has averaged $176.0 million across 5 years, with a median of $174.9 million in 2022.
- Annual changes were most pronounced in 2024 — Cost of Revenue decreased 24.93% — and 2025, when it jumped 63.19%.
- Sunrun's Cost of Revenue stood at $189.0 million in 2022, then fell by 11.79% to $166.8 million in 2023, then retreated by 9.6% to $150.8 million in 2024, then jumped by 63.19% to $246.0 million in 2025, then fell by 27.43% to $178.5 million in 2026.
- The last three Cost of Revenue figures came in at $178.5 million (Q1 2026), $246.0 million (Q4 2025), and $164.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 558.11 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 583.14 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 48.09 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 242.22 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 178.53 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 99.55 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 160.41 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | 1.63 Bn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 14.40 Mn |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 178.53 Mn |
| Mar 31, 2026 | 178.53 Mn |
| Dec 31, 2025 | 246.01 Mn |
| Dec 31, 2025 | 246.01 Mn |
| Sep 30, 2025 | 164.80 Mn |
| Sep 30, 2025 | 164.80 Mn |
| Jun 30, 2025 | 152.46 Mn |
| Jun 30, 2025 | 152.46 Mn |
| Mar 31, 2025 | 145.99 Mn |
| Mar 31, 2025 | 145.99 Mn |
| Dec 31, 2024 | 150.75 Mn |
| Dec 31, 2024 | 150.75 Mn |
| Sep 30, 2024 | 162.49 Mn |
| Sep 30, 2024 | 162.49 Mn |
| Jun 30, 2024 | 151.66 Mn |
| Jun 30, 2024 | 151.66 Mn |
| Mar 31, 2024 | 152.26 Mn |
| Mar 31, 2024 | 152.26 Mn |
| Dec 31, 2023 | 166.76 Mn |
| Dec 31, 2023 | 166.76 Mn |