Sunrun (RUN) Intangibles (2014 - 2023)
Sunrun's (RUN) quarterly Intangibles came in at $1.3 million in Q3 2023, down 85.65% YoY from $8.9 million in Q3 2022, and down 74.92% on a QoQ basis from $5.1 million in Q2 2023.
Sunrun (RUN) Intangibles (2014 - 2023) Analysis & Trends
Sunrun (RUN) has 10 years of Intangibles data on file, last reported at $1.3 million in Q3 2023.
- Quarterly Intangibles fell 85.65% year-over-year to $1.3 million in Q3 2023, while the trailing twelve-month figure through Sep 2023 was $1.3 million (down 85.65% YoY) and the FY2022 annual result came in at $7.5 million, down 41.61% from the prior year.
- Intangibles retreated to $1.3 million in Q3 2023, from $5.1 million in the prior quarter.
- In the past five years, Intangibles ranged from a high of $21.1 million in Q3 2019 to a low of $1.3 million in Q3 2023.
- A 5-year average of $12.5 million and a median of $12.9 million in 2021 frame the typical range for Intangibles.
- Annual changes were most pronounced in 2020 — Intangibles jumped 101.53% — and 2023, when it plunged 85.65%.
- Tracing RUN's Intangibles over 5 years: stood at $19.5 million in 2019, then decreased by 6.55% to $18.3 million in 2020, then declined by 29.41% to $12.9 million in 2021, then tumbled by 41.61% to $7.5 million in 2022, then plunged by 83.09% to $1.3 million in 2023.
- The last three Intangibles figures came in at $1.3 million (Q3 2023), $5.1 million (Q2 2023), and $6.2 million (Q1 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.48 Bn | 21.75 Bn | 605.00 Mn | 63.37 Mn |
| 2 | Nextpower | 13.32 Bn | 12.11 Bn | 335.85 Mn | 80.64 Mn |
| 3 | Enphase Energy | 5.23 Bn | 4.29 Bn | 175.01 Mn | 13.08 Mn |
| 4 | Sunrun | 2.24 Bn | 2.24 Bn | 527.54 Mn | - |
| 5 | Solaredge Technologies | 1.93 Bn | 1.35 Bn | 95.15 Mn | 5.78 Mn |
| 6 | Shoals Technologies | 1.23 Bn | 1.22 Bn | 49.53 Mn | 29.71 Mn |
| 7 | Canadian Solar | 999.08 Mn | -589.21 Mn | 124.40 Mn | 98.15 Mn |
| 8 | JinkoSolar Holding | 846.83 Mn | -2.46 Bn | 147.66 Mn | 310.08 Mn |
| 9 | Array Technologies | 731.63 Mn | 424.33 Mn | 99.60 Mn | 212.47 Mn |
| 10 | Toyo | 178.97 Mn | 102.33 Mn | 47.76 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 1.27 Mn |
| Jun 30, 2023 | 5.08 Mn |
| Mar 31, 2023 | 6.19 Mn |
| Dec 31, 2022 | 7.53 Mn |
| Sep 30, 2022 | 8.87 Mn |
| Jun 30, 2022 | 10.21 Mn |
| Mar 31, 2022 | 11.55 Mn |
| Dec 31, 2021 | 12.89 Mn |
| Sep 30, 2021 | 14.23 Mn |
| Jun 30, 2021 | 15.57 Mn |
| Mar 31, 2021 | 17.11 Mn |
| Dec 31, 2020 | 18.26 Mn |
| Sep 30, 2020 | 15.73 Mn |
| Jun 30, 2020 | 16.89 Mn |
| Mar 31, 2020 | 18.06 Mn |
| Dec 31, 2019 | 19.54 Mn |
| Sep 30, 2019 | 21.07 Mn |
| Jun 30, 2019 | 8.38 Mn |
| Mar 31, 2019 | 9.20 Mn |
| Dec 31, 2018 | 10.09 Mn |