Sunrun (RUN) Net Margin (2014 - 2026)
Sunrun (RUN) posted Net Margin of 41.17% for Q1 2026, down 172.45% on a QoQ basis from 15.11% in Q4 2025, and up 1380.0% year-over-year from 2.78% in Q1 2025.
Sunrun (RUN) Net Margin (2014 - 2026) Analysis & Trends
Sunrun's Net Margin history runs 13 years deep, the most recent figure standing at 41.17% for Q1 2026.
- Quarterly Net Margin rose 1380.0% year-over-year to 41.17% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 32.42% (up 17630.0% YoY) and the FY2025 annual result came in at 34.13%, up 17960.0% from the prior year.
- Net Margin was 41.17% for Q1 2026 at Sunrun, down from 15.11% in the prior quarter.
- Across five years, Net Margin topped out at 15.11% in Q4 2025 and bottomed at 655.74% in Q4 2024.
- A 5-year average of 98.11% and a median of 53.83% in 2022 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2024 — Net Margin slumped 55210 bps — and 2025, when it surged 64063 bps.
- Sunrun's Net Margin stood at 53.83% in 2022, then sank by 93 bps to 103.64% in 2023, then plunged by 533 bps to 655.74% in 2024, then jumped by 98 bps to 15.11% in 2025, then slumped by 172 bps to 41.17% in 2026.
- Business Quant data shows RUN's Net Margin at 41.17% in Q1 2026, 15.11% in Q4 2025, and 38.35% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 33.19% |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 17.10% |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | -2.62% |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | 129.61% |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | -18.48% |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | -41.17% |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | -0.21% |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 7.09% |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | -6.06% |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn | 19.90% |
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% |