Sunrun (RUN) Research & Development (2014 - 2026)
Sunrun's (RUN) quarterly Research & Development came in at $190.7 million in Q2 2026, up 25.07% on a YoY basis from $152.5 million in Q2 2025, and up 6.8% quarter-over-quarter from $178.5 million in Q1 2026.
Analysis
Sunrun (RUN) Research & Development (2014 - 2026) Analysis & Trends
Sunrun (RUN) has reported Research & Development for 13 consecutive years, with $190.7 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Research & Development rose 25.07% year-over-year to $190.7 million; the trailing twelve-month figure through Jun 2026 stood at $780.0 million (up 27.52% YoY), and the FY2025 full-year result was $709.3 million, up 14.92% from the prior year.
- Research & Development rose to $190.7 million in Q2 2026 per RUN's latest filing, from $178.5 million in the prior quarter.
- Across five years, Research & Development topped out at $246.0 million in Q4 2025 and bottomed at $146.0 million in Q1 2025.
- Historically, Research & Development has averaged $176.8 million across 5 years, with a median of $175.6 million in 2022.
- The sharpest annual moves came in 2024 and 2025: Research & Development slipped 24.93% in 2024, then surged 63.19% in 2025.
- Over 5 years, Research & Development stood at $189.0 million in 2022, then decreased by 11.79% to $166.8 million in 2023, then slipped by 9.6% to $150.8 million in 2024, then soared by 63.19% to $246.0 million in 2025, then retreated by 22.49% to $190.7 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $190.7 million, $178.5 million, and $246.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunrun | 2.06 Bn | 2.06 Bn | 527.54 Mn | 190.68 Mn |
| 2 | SunPower | 52.30 Mn | 48.20 Mn | 24.96 Mn | - |
| 3 | SUNation Energy | 21.76 Mn | 18.70 Mn | 2.13 Mn | - |
| 4 | SolarMax Technology | 10.72 Mn | 6.13 Mn | 3.05 Mn | 42,627.00 |
| 5 | Founder | 1.62 Mn | -28.27 Mn | - | - |
| 6 | Zeo Energy | 1.57 Mn | 16.56 Mn | 7.62 Mn | 4.42 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 190.68 Mn |
| Mar 31, 2026 | 178.53 Mn |
| Dec 31, 2025 | 246.01 Mn |
| Sep 30, 2025 | 164.80 Mn |
| Jun 30, 2025 | 152.46 Mn |
| Mar 31, 2025 | 145.99 Mn |
| Dec 31, 2024 | 150.75 Mn |
| Sep 30, 2024 | 162.49 Mn |
| Jun 30, 2024 | 151.66 Mn |
| Mar 31, 2024 | 152.26 Mn |
| Dec 31, 2023 | 166.76 Mn |
| Sep 30, 2023 | 176.35 Mn |
| Jun 30, 2023 | 194.88 Mn |
| Mar 31, 2023 | 202.84 Mn |
| Dec 31, 2022 | 189.04 Mn |
| Sep 30, 2022 | 193.99 Mn |
| Jun 30, 2022 | 187.43 Mn |
| Mar 31, 2022 | 174.93 Mn |
| Dec 31, 2021 | 180.79 Mn |
| Sep 30, 2021 | 171.46 Mn |