KPIs & Operating Metrics(New)
Growth Metrics

Sunrun (RUN) Gross Margin (2016 - 2025)

Sunrun's Gross Margin history spans 12 years, with the latest figure at 78.77% for Q4 2025.

  • For Q4 2025, Gross Margin rose 785.0% year-over-year to 78.77%; the TTM value through Dec 2025 reached 76.01%, up 630.0%, while the annual FY2025 figure was 76.01%, 630.0% up from the prior year.
  • Gross Margin reached 78.77% in Q4 2025 per RUN's latest filing, up from 77.26% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 78.77% in Q4 2025 to a low of 58.46% in Q4 2021.
  • Average Gross Margin over 5 years is 68.22%, with a median of 68.31% recorded in 2023.
  • Peak YoY movement for Gross Margin: tumbled -536bps in 2021, then soared 1051bps in 2022.
  • A 5-year view of Gross Margin shows it stood at 58.46% in 2021, then increased by 18bps to 68.97% in 2022, then fell by -2bps to 67.72% in 2023, then grew by 5bps to 70.93% in 2024, then grew by 11bps to 78.77% in 2025.
  • Per Business Quant, the three most recent readings for RUN's Gross Margin are 78.77% (Q4 2025), 77.26% (Q3 2025), and 73.22% (Q2 2025).