Sunrun (RUN) Net Margin (2014 - 2026)
Sunrun (RUN) reported Net Margin of 41.17% for Q1 2026, up 1380.0% on a YoY basis from 2.78% in Q1 2025, and down 172.45% quarter-over-quarter from 15.11% in Q4 2025.
Sunrun (RUN) Net Margin (2014 - 2026) Analysis & Trends
Sunrun has reported Net Margin for 13 years, with the latest figure at 41.17% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin rose 1380.0% year-over-year to 41.17%; the trailing twelve-month figure through Mar 2026 stood at 32.42% (up 17630.0% YoY), and the FY2025 full-year result was 34.13%, up 17960.0% from the prior year.
- Net Margin for Q1 2026 stood at 41.17%, down from 15.11% in the prior quarter.
- The five-year high for Net Margin was 15.11% in Q4 2025, with the low at 655.74% in Q4 2024.
- Historically, Net Margin has averaged 98.11% across 5 years, with a median of 53.83% in 2022.
- Annual changes were most pronounced in 2024 — Net Margin tumbled 55210 bps — and 2025, when it surged 64063 bps.
- Sunrun's Net Margin stood at 53.83% in 2022, then tumbled by 93 bps to 103.64% in 2023, then slumped by 533 bps to 655.74% in 2024, then surged by 98 bps to 15.11% in 2025, then plunged by 172 bps to 41.17% in 2026.
- The last three Net Margin figures came in at 41.17% (Q1 2026), 15.11% (Q4 2025), and 38.35% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 33.19% |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 17.10% |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | -2.63% |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | -18.48% |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | -41.17% |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | -0.21% |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | -6.06% |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | -3.78% |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | -6.95% |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -41.17% |
| Dec 31, 2025 | -15.11% |
| Sep 30, 2025 | -38.35% |
| Jun 30, 2025 | -49.00% |
| Mar 31, 2025 | -54.96% |
| Dec 31, 2024 | -655.74% |
| Sep 30, 2024 | -76.73% |
| Jun 30, 2024 | -49.62% |
| Mar 31, 2024 | -61.80% |
| Dec 31, 2023 | -103.64% |
| Sep 30, 2023 | -261.18% |
| Jun 30, 2023 | -57.73% |
| Mar 31, 2023 | -56.93% |
| Dec 31, 2022 | -53.83% |
| Sep 30, 2022 | -24.61% |
| Jun 30, 2022 | -35.88% |
| Mar 31, 2022 | -31.56% |
| Dec 31, 2021 | -73.86% |
| Sep 30, 2021 | -55.00% |
| Jun 30, 2021 | -53.20% |