Sunrun (RUN) Cost of Revenue (2014 - 2026)

Sunrun (RUN) posted Cost of Revenue of $314.7 million for Q1 2026, down 50.32% on a QoQ basis from $633.6 million in Q4 2025, and up 1.98% year-over-year from $308.6 million in Q1 2025.

Sunrun (RUN) Cost of Revenue (2014 - 2026) Analysis & Trends

Sunrun's Cost of Revenue history runs 13 years deep, the most recent figure standing at $314.7 million for 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 was $314.7 million for Q1 2026 at Sunrun, down from $633.6 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $633.6 million in Q4 2025 and bottomed at -$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 slumped 107.53% — and 2025, when it jumped 3022.27%.
  • Sunrun's Cost of Revenue stood at -$9.9 million in 2022, then surged by 2994.3% to $287.8 million in 2023, then slumped by 107.53% to -$21.7 million in 2024, then soared by 3022.27% to $633.6 million in 2025, then slumped by 50.32% to $314.7 million in 2026.
  • Business Quant data shows RUN's Cost of Revenue at $314.7 million in Q1 2026, $633.6 million in Q4 2025, and $165.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 558.11 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 583.14 Mn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn 182.51 Mn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn 1.63 Bn
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn 242.22 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 314.74 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn 99.55 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn 1.09 Bn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 160.41 Mn
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn 95.01 Mn

Historic Data

Download Data
DateValue
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
Dec 31, 2023 287.78 Mn
Dec 31, 2023 287.78 Mn