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Sunrun (RUN) Operating Expenses (2016 - 2025)

Sunrun's Operating Expenses history spans 12 years, with the latest figure at $1.1 billion for Q4 2025.

  • For Q4 2025, Operating Expenses fell 71.88% year-over-year to $1.1 billion; the TTM value through Dec 2025 reached $3.1 billion, down 46.22%, while the annual FY2025 figure was $3.1 billion, 46.22% down from the prior year.
  • Operating Expenses reached $1.1 billion in Q4 2025 per RUN's latest filing, up from $720.9 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $3.8 billion in Q4 2024 to a low of $513.3 million in Q1 2021.
  • Average Operating Expenses over 5 years is $915.7 million, with a median of $697.9 million recorded in 2023.
  • Peak YoY movement for Operating Expenses: skyrocketed 428.59% in 2024, then tumbled 71.88% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $643.2 million in 2021, then grew by 24.12% to $798.3 million in 2022, then fell by 10.55% to $714.1 million in 2023, then surged by 428.59% to $3.8 billion in 2024, then crashed by 71.88% to $1.1 billion in 2025.
  • Per Business Quant, the three most recent readings for RUN's Operating Expenses are $1.1 billion (Q4 2025), $720.9 million (Q3 2025), and $681.6 million (Q2 2025).