Sunrun (RUN) Gross Margin (2014 - 2026)

Sunrun has reported Gross Margin for 13 years, with the latest figure at 75.28% in Q1 2026.

• For the quarter ending Q1 2026, Gross Margin rose 423.0% year-over-year to 75.28%; the trailing twelve-month figure through Mar 2026 stood at 76.64% (up 595.0% YoY), and the FY2025 full-year result was 76.01%, up 630.0% from the prior year.
• Gross Margin for Q1 2026 stood at 75.28%, down from 78.77% in the prior quarter.
• The five-year high for Gross Margin was 78.77% in Q4 2025, with the low at 64.72% in Q1 2022.
• Historically, Gross Margin has averaged 70.23% across 5 years, with a median of 69.3% in 2022.
• Annual changes were most pronounced in 2022 — Gross Margin surged 1051 bps — and 2023, when it slumped 125 bps.
• Sunrun's Gross Margin stood at 68.97% in 2022, then dropped by 2 bps to 67.72% in 2023, then advanced by 5 bps to 70.93% in 2024, then increased by 11 bps to 78.77% in 2025, then slipped by 4 bps to 75.28% in 2026.
• The last three Gross Margin figures came in at 75.28% (Q1 2026), 78.77% (Q4 2025), and 77.26% (Q3 2025), per Business Quant data.