Sunrun (RUN) Operating Expenses (2014 - 2026)
Sunrun posted quarterly Operating Expenses of $765.7 million for Q1 2026, up 23.67% year-on-year from $619.2 million in Q1 2025, and down 27.86% on a QoQ basis from $1.1 billion in Q4 2025.
Sunrun (RUN) has 13 years of Operating Expenses data on file, last reported at $765.7 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 23.67% year-over-year to $765.7 million; the trailing twelve-month figure through Mar 2026 stood at $3.2 billion (down 43.45% YoY), and the FY2025 full-year result was $3.1 billion, down 46.22% from the prior year.
- Operating Expenses for Q1 2026 stood at $765.7 million, down from $1.1 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $3.8 billion in Q4 2024 and bottomed at $619.2 million in Q1 2025.
- The 5-year median for Operating Expenses is $739.9 million (2022), against an average of $988.5 million.
- The widest annual swing landed in 2024, when Operating Expenses soared 428.59%; it then slumped 71.88% in 2025.
- A 5-year view of Operating Expenses shows it stood at $798.3 million in 2022, then decreased by 10.55% to $714.1 million in 2023, then jumped by 428.59% to $3.8 billion in 2024, then plunged by 71.88% to $1.1 billion in 2025, then fell by 27.86% to $765.7 million in 2026.
- The last three Operating Expenses figures came in at $765.7 million (Q1 2026), $1.1 billion (Q4 2025), and $720.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 140.83 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 143.79 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 188.46 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 130.04 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 123.32 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 765.74 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 33.29 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 55.90 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | -232.93 Mn |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | 13.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 765.74 Mn |
| Dec 31, 2025 | 1.06 Bn |
| Sep 30, 2025 | 720.91 Mn |
| Jun 30, 2025 | 681.59 Mn |
| Mar 31, 2025 | 619.16 Mn |
| Dec 31, 2024 | 3.77 Bn |
| Sep 30, 2024 | 664.95 Mn |
| Jun 30, 2024 | 651.91 Mn |
| Mar 31, 2024 | 641.31 Mn |
| Dec 31, 2023 | 714.12 Mn |
| Sep 30, 2023 | 1.91 Bn |
| Jun 30, 2023 | 796.13 Mn |
| Mar 31, 2023 | 817.54 Mn |
| Dec 31, 2022 | 798.34 Mn |
| Sep 30, 2022 | 768.15 Mn |
| Jun 30, 2022 | 739.89 Mn |
| Mar 31, 2022 | 677.23 Mn |
| Dec 31, 2021 | 643.20 Mn |
| Sep 30, 2021 | 576.69 Mn |
| Jun 30, 2021 | 542.94 Mn |
| Mar 31, 2021 | 513.32 Mn |
| Dec 31, 2020 | 576.84 Mn |
| Sep 30, 2020 | 271.95 Mn |
| Jun 30, 2020 | 264.76 Mn |
| Mar 31, 2020 | 273.75 Mn |
| Dec 31, 2019 | 292.36 Mn |
| Sep 30, 2019 | 275.89 Mn |
| Jun 30, 2019 | 267.39 Mn |
| Mar 31, 2019 | 238.68 Mn |
| Dec 31, 2018 | 246.77 Mn |
| Sep 30, 2018 | 228.51 Mn |
| Jun 30, 2018 | 205.51 Mn |
| Mar 31, 2018 | 201.07 Mn |
| Dec 31, 2017 | 198.85 Mn |
| Sep 30, 2017 | 189.72 Mn |
| Jun 30, 2017 | 171.27 Mn |
| Mar 31, 2017 | 153.83 Mn |
| Dec 31, 2016 | 169.59 Mn |
| Sep 30, 2016 | 163.07 Mn |
| Jun 30, 2016 | 170.96 Mn |
| Mar 31, 2016 | 165.56 Mn |
| Dec 31, 2015 | 164.80 Mn |
| Sep 30, 2015 | 145.35 Mn |
| Jun 30, 2015 | 118.89 Mn |
| Mar 31, 2015 | 94.77 Mn |
| Dec 31, 2014 | 102.52 Mn |
| Sep 30, 2014 | 93.10 Mn |
| Jun 30, 2014 | 82.56 Mn |