Sunrun (RUN) Cost of Revenue (2014 - 2026)
Sunrun's (RUN) quarterly Cost of Revenue came in at $314.7 million in Q1 2026, up 1.98% YoY from $308.6 million in Q1 2025, and down 50.32% on a QoQ basis from $633.6 million in Q4 2025.
Sunrun (RUN) Cost of Revenue (2014 - 2026) Analysis & Trends
Sunrun (RUN) has 13 years of Cost of Revenue data on file, last reported at $314.7 million in Q1 2026.
- Quarterly Cost of Revenue rose 1.98% year-over-year to $314.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.2 billion (up 124.56% YoY) and the FY2025 annual result came in at $1.0 billion, up 16.97% from the prior year.
- Cost of Revenue slipped to $314.7 million in Q1 2026, from $633.6 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $633.6 million in Q4 2025 to a low of -$21.7 million in Q4 2024.
- A 5-year average of $229.3 million and a median of $269.5 million in 2024 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2024 — Cost of Revenue tumbled 107.53% — and 2025, when it jumped 3022.27%.
- Tracing RUN's Cost of Revenue over 5 years: stood at -$9.9 million in 2022, then soared by 2994.3% to $287.8 million in 2023, then plunged by 107.53% to -$21.7 million in 2024, then jumped by 3022.27% to $633.6 million in 2025, then plunged by 50.32% to $314.7 million in 2026.
- The last three Cost of Revenue figures came in at $314.7 million (Q1 2026), $633.6 million (Q4 2025), and $165.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 451.19 Mn |
| 2 | Nextpower | 13.25 Bn | 12.03 Bn | 335.85 Mn | 599.32 Mn |
| 3 | Enphase Energy | 5.07 Bn | 4.13 Bn | 175.01 Mn | 116.84 Mn |
| 4 | Sunrun | 2.24 Bn | 2.24 Bn | 527.54 Mn | 342.45 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | 251.09 Mn |
| 6 | Shoals Technologies | 1.24 Bn | 1.22 Bn | 49.53 Mn | 113.85 Mn |
| 7 | Canadian Solar | 991.33 Mn | -596.96 Mn | 124.40 Mn | 1.09 Bn |
| 8 | JinkoSolar Holding | 831.90 Mn | -2.48 Bn | 147.66 Mn | 1.63 Bn |
| 9 | Array Technologies | 727.79 Mn | 420.48 Mn | 99.60 Mn | 242.46 Mn |
| 10 | Toyo | 170.12 Mn | 93.48 Mn | 47.76 Mn | 95.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 342.45 Mn |
| Jun 30, 2026 | 342.45 Mn |
| Mar 31, 2026 | 314.74 Mn |
| Mar 31, 2026 | 314.74 Mn |
| Dec 31, 2025 | 633.58 Mn |
| Dec 31, 2025 | 633.58 Mn |
| Sep 30, 2025 | 165.48 Mn |
| Sep 30, 2025 | 165.48 Mn |
| Jun 30, 2025 | 104.14 Mn |
| Jun 30, 2025 | 104.14 Mn |
| Mar 31, 2025 | 308.63 Mn |
| Mar 31, 2025 | 308.63 Mn |
| Dec 31, 2024 | -21.68 Mn |
| Dec 31, 2024 | -21.68 Mn |
| Sep 30, 2024 | 125.31 Mn |
| Sep 30, 2024 | 125.31 Mn |
| Jun 30, 2024 | 130.12 Mn |
| Jun 30, 2024 | 130.12 Mn |
| Mar 31, 2024 | 269.53 Mn |
| Mar 31, 2024 | 269.53 Mn |