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
DateValue
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%