Sunrun (RUN) Intangibles (2014 - 2023)
Sunrun's (RUN) quarterly Intangibles came in at $1.3 million in 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.
Analysis
Sunrun (RUN) Intangibles (2014 - 2023) Analysis & Trends
Sunrun (RUN) has reported Intangibles for 10 consecutive years, with $1.3 million the latest figure, recorded 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 declined to $1.3 million in Q3 2023 per RUN's latest filing, 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.
- Historically, Intangibles has averaged $12.5 million across 5 years, with a median of $12.9 million in 2021.
- The sharpest annual moves came in 2020 and 2023: Intangibles surged 101.53% in 2020, then sank 85.65% in 2023.
- Over 5 years, 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.
- According to Business Quant data, Intangibles over the past three periods registered $1.3 million, $5.1 million, and $6.2 million for Q3 2023, Q2 2023, and Q1 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunrun | 2.06 Bn | 2.06 Bn | 527.54 Mn | - |
| 2 | SunPower | 52.30 Mn | 48.20 Mn | 24.96 Mn | 49.47 Mn |
| 3 | SUNation Energy | 21.76 Mn | 18.70 Mn | 2.13 Mn | 8.86 Mn |
| 4 | SolarMax Technology | 10.72 Mn | 6.13 Mn | 3.05 Mn | - |
| 5 | Founder | 1.62 Mn | -28.27 Mn | - | - |
| 6 | Zeo Energy | 1.57 Mn | 16.56 Mn | 7.62 Mn | - |
Historic Data
Download Data
Historic 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 |