Sunrun (RUN) Intangibles (2014 - 2023)
Sunrun (RUN) posted Intangibles of $1.3 million for Q3 2023, down 74.92% on a QoQ basis from $5.1 million in Q2 2023, and down 85.65% year-over-year from $8.9 million in Q3 2022.
Sunrun (RUN) Intangibles (2014 - 2023) Analysis & Trends
Sunrun's Intangibles history runs 10 years deep, the most recent figure standing at $1.3 million for 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 was $1.3 million for Q3 2023 at Sunrun, down from $5.1 million in the prior quarter.
- Across five years, Intangibles topped out at $21.1 million in Q3 2019 and bottomed at $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 tumbled 85.65%.
- Sunrun's Intangibles stood at $19.5 million in 2019, then dropped by 6.55% to $18.3 million in 2020, then retreated by 29.41% to $12.9 million in 2021, then sank by 41.61% to $7.5 million in 2022, then slumped by 83.09% to $1.3 million in 2023.
- Business Quant data shows RUN's Intangibles at $1.3 million in Q3 2023, $5.1 million in Q2 2023, and $6.2 million in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 64.88 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 78.05 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 17.56 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | 310.08 Mn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | 6.42 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | - |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 31.60 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 31.98 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 224.92 Mn |
| 10 | Toyo | 182.74 Mn | 106.10 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 |