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| Date | Value |
|---|---|
| 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 |