Sunrun (RUN) Research & Development (2014 - 2026)
Sunrun (RUN) reported Research & Development of $10.1 million for Q1 2026, up 1.64% on a YoY basis from $10.0 million in Q1 2025, and up 15.05% quarter-over-quarter from $8.8 million in Q4 2025.
Sunrun (RUN) Research & Development (2014 - 2026) Analysis & Trends
Sunrun has reported Research & Development for 13 years, with the latest figure 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.
- The five-year high for Research & Development was $12.1 million in Q1 2024, with the low at $4.1 million in Q4 2022.
- Historically, Research & Development has averaged $7.5 million across 5 years, with a median of $8.1 million in 2025.
- Annual changes were most pronounced in 2022 — Research & Development tumbled 37.12% — and 2024, when it surged 165.24%.
- Sunrun's Research & Development stood at $4.1 million in 2022, then soared by 86.31% to $7.7 million in 2023, then gained by 14.76% to $8.8 million in 2024, then gained by 0.25% to $8.8 million in 2025, then advanced 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 | 28.68 Bn | 26.25 Bn | 486.13 Mn | 66.94 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 43.17 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 44.87 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 50.16 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 10.14 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | - |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | - |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | -33.12 Mn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 2.64 Mn |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |