Sunrun (RUN) Operating Expenses (2014 - 2026)
Sunrun's (RUN) quarterly Operating Expenses came in at $835.2 million in Q2 2026, up 22.54% on a YoY basis from $681.6 million in Q2 2025, and up 9.07% quarter-over-quarter from $765.7 million in Q1 2026.
Analysis
Sunrun (RUN) Operating Expenses (2014 - 2026) Analysis & Trends
Sunrun (RUN) has reported Operating Expenses for 13 consecutive years, with $835.2 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 22.54% year-over-year to $835.2 million; the trailing twelve-month figure through Jun 2026 stood at $3.4 billion (down 41.06% YoY), and the FY2025 full-year result was $3.1 billion, down 46.22% from the prior year.
- Operating Expenses advanced to $835.2 million in Q2 2026 per RUN's latest filing, from $765.7 million 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.
- Historically, Operating Expenses has averaged $979.9 million across 5 years, with a median of $752.8 million in 2022.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses jumped 428.59% in 2024, then sank 71.88% in 2025.
- Over 5 years, Operating Expenses stood at $798.3 million in 2022, then slipped by 10.55% to $714.1 million in 2023, then surged by 428.59% to $3.8 billion in 2024, then tumbled by 71.88% to $1.1 billion in 2025, then dropped by 21.32% to $835.2 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $835.2 million, $765.7 million, and $1.1 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunrun | 2.06 Bn | 2.96 Bn | 527.54 Mn | 835.20 Mn |
| 2 | SunPower | 51.51 Mn | 47.41 Mn | 24.96 Mn | 48.42 Mn |
| 3 | SUNation Energy | 20.84 Mn | 17.78 Mn | 2.13 Mn | 5.31 Mn |
| 4 | Zeo Energy | 18.90 Mn | 33.89 Mn | 7.62 Mn | 19.16 Mn |
| 5 | SolarMax Technology | 11.10 Mn | 6.51 Mn | 3.05 Mn | 2.95 Mn |
| 6 | Founder | 1.80 Mn | -28.08 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 835.20 Mn |
| 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 |