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Growth Metrics

Sunrun (RUN) Research & Development (2014 - 2026)

Sunrun posted quarterly Research & Development of $10.1 million for Q1 2026, up 1.64% year-on-year from $10.0 million in Q1 2025, and up 15.05% on a QoQ basis from $8.8 million in Q4 2025.

Sunrun (RUN) has 13 years of Research & Development data on file, last reported at $10.1 million in Q1 2026.

  • For the quarter ending Q1 2026, Research & Development rose 1.64% year-over-year to $10.1 million; the trailing twelve-month figure through Mar 2026 stood at $36.3 million (down 2.44% YoY), and the FY2025 full-year result was $36.1 million, down 8.09% from the prior year.
  • Research & Development for Q1 2026 stood at $10.1 million, up from $8.8 million in the prior quarter.
  • Across five years, Research & Development topped out at $12.1 million in Q1 2024 and bottomed at $4.1 million in Q4 2022.
  • The 5-year median for Research & Development is $8.1 million (2025), against an average of $7.5 million.
  • The widest annual swing landed in 2022, when Research & Development sank 37.12%; it then surged 165.24% in 2024.
  • A 5-year view of Research & Development shows it stood at $4.1 million in 2022, then jumped by 86.31% to $7.7 million in 2023, then advanced by 14.76% to $8.8 million in 2024, then advanced by 0.25% to $8.8 million in 2025, then climbed by 15.05% to $10.1 million in 2026.
  • The last three Research & Development figures came in at $10.1 million (Q1 2026), $8.8 million (Q4 2025), and $9.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 66.94 Mn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 43.17 Mn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 21.68 Mn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 44.87 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn 50.16 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 10.14 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn -
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn -
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn -33.12 Mn
10 Tigo Energy 288.14 Mn 276.56 Mn 10.79 Mn 2.64 Mn

Historic Data

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DateValue
Mar 31, 2026 10.14 Mn
Dec 31, 2025 8.82 Mn
Sep 30, 2025 9.27 Mn
Jun 30, 2025 8.06 Mn
Mar 31, 2025 9.98 Mn
Dec 31, 2024 8.79 Mn
Sep 30, 2024 8.18 Mn
Jun 30, 2024 10.24 Mn
Mar 31, 2024 12.09 Mn
Dec 31, 2023 7.66 Mn
Sep 30, 2023 5.04 Mn
Jun 30, 2023 4.56 Mn
Mar 31, 2023 4.56 Mn
Dec 31, 2022 4.11 Mn
Sep 30, 2022 4.40 Mn
Jun 30, 2022 6.14 Mn
Mar 31, 2022 6.26 Mn
Dec 31, 2021 6.54 Mn
Sep 30, 2021 5.60 Mn
Jun 30, 2021 5.15 Mn
Mar 31, 2021 5.87 Mn
Dec 31, 2020 5.33 Mn
Sep 30, 2020 5.21 Mn
Jun 30, 2020 4.97 Mn
Mar 31, 2020 4.05 Mn
Dec 31, 2019 5.10 Mn
Sep 30, 2019 6.44 Mn
Jun 30, 2019 6.56 Mn
Mar 31, 2019 5.47 Mn
Dec 31, 2018 5.29 Mn
Sep 30, 2018 4.60 Mn
Jun 30, 2018 5.05 Mn
Mar 31, 2018 3.90 Mn
Dec 31, 2017 4.44 Mn
Sep 30, 2017 3.94 Mn
Jun 30, 2017 3.71 Mn
Mar 31, 2017 3.00 Mn
Dec 31, 2016 2.91 Mn
Sep 30, 2016 2.46 Mn
Jun 30, 2016 2.37 Mn
Mar 31, 2016 2.46 Mn
Dec 31, 2015 2.64 Mn
Sep 30, 2015 2.24 Mn
Jun 30, 2015 2.49 Mn
Mar 31, 2015 2.29 Mn
Dec 31, 2014 2.42 Mn
Sep 30, 2014 2.04 Mn
Jun 30, 2014 2.00 Mn