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
DateValue
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