Sunrun (RUN) Intangibles (2014 - 2023)
Sunrun (RUN) reported Intangibles of $1.3 million for Q3 2023, down 85.65% on a YoY basis from $8.9 million in Q3 2022, and down 74.92% quarter-over-quarter from $5.1 million in Q2 2023.
Sunrun (RUN) Intangibles (2014 - 2023) Analysis & Trends
Sunrun has reported Intangibles for 10 years, with the latest figure at $1.3 million in Q3 2023.
- For the quarter ending Q3 2023, Intangibles fell 85.65% year-over-year to $1.3 million; the trailing twelve-month figure through Sep 2023 stood at $1.3 million (down 85.65% YoY), and the FY2022 full-year result was $7.5 million, down 41.61% from the prior year.
- Intangibles for Q3 2023 stood at $1.3 million, down from $5.1 million in the prior quarter.
- The five-year high for Intangibles was $21.1 million in Q3 2019, with the low at $1.3 million in Q3 2023.
- Historically, Intangibles has averaged $12.5 million across 5 years, with a median of $12.9 million in 2021.
- Annual changes were most pronounced in 2020 — Intangibles jumped 101.53% — and 2023, when it plunged 85.65%.
- Sunrun's Intangibles 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 | 28.68 Bn | 26.25 Bn | 486.13 Mn | 64.88 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 78.05 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 17.56 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 6.42 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | - |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 31.60 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 224.92 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | 60.28 Mn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 1.58 Mn |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - | 1.51 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 |