Sunrun (RUN) Gross Margin (2014 - 2026)

Sunrun's Gross Margin history runs 13 years deep, the most recent figure standing at 56.42% for Q1 2026.

• Quarterly Gross Margin rose 1762.0% year-over-year to 56.42% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 61.64% (down 1233.0% YoY) and the FY2025 annual result came in at 66.18%, up 814.0% from the prior year.
• Gross Margin was 56.42% for Q1 2026 at Sunrun, up from 45.33% in the prior quarter.
• Across five years, Gross Margin topped out at 104.18% in Q4 2024 and bottomed at 38.8% in Q1 2025.
• A 5-year average of 62.79% and a median of 56.42% in 2026 frame the typical range for Gross Margin.
• Annual changes were most pronounced in 2024 — Gross Margin soared 5989 bps — and 2025, when it slumped 5886 bps.
• Sunrun's Gross Margin stood at 101.63% in 2022, then tumbled by 56 bps to 44.29% in 2023, then jumped by 135 bps to 104.18% in 2024, then sank by 56 bps to 45.33% in 2025, then climbed by 24 bps to 56.42% in 2026.
• Business Quant data shows RUN's Gross Margin at 56.42% in Q1 2026, 45.33% in Q4 2025, and 77.16% in Q3 2025.