For the quarter ending 2025-09-30, RUN has $22,225,482K in assets. $17,580,903K in debts.
| Balance Sheets | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Cash | 709,148 | 618,057 | 604,874 | 574,956 |
| Restricted cash | 446,460 | 393,872 | 373,881 | 372,312 |
| Accounts receivable (net of allowances for credit losses of 18,186 and 15,420 as of september30, 2025 and december31, 2024, respectively) | 248,279 | 186,525 | 172,121 | 170,706 |
| Inventories | 569,987 | 491,150 | 414,401 | 402,083 |
| Prepaid expenses and other current assets | 96,597 | 96,207 | 101,936 | 202,579 |
| Total current assets | 2,070,471 | 1,785,811 | 1,667,213 | 1,722,636 |
| Restricted cash | 148 | 148 | 148 | 148 |
| Solar energy systems, net | 16,599,888 | 16,063,482 | 15,497,538 | 15,032,115 |
| Property and equipment, net | 86,813 | 98,298 | 109,132 | 121,239 |
| Goodwill | - | - | - | 0 |
| Other assets | 3,468,162 | 3,282,396 | 3,103,824 | 3,021,746 |
| Total assets | 22,225,482 | 21,230,135 | 20,377,855 | 19,897,884 |
| Accounts payable | 336,547 | 279,775 | 268,908 | 354,214 |
| Distributions payable to noncontrolling interests and redeemable noncontrolling interests | 44,122 | 40,719 | 37,816 | 41,464 |
| Accrued expenses and other liabilities | 539,419 | 490,637 | 537,042 | 543,752 |
| Deferred revenue, current portion | 159,623 | 145,215 | 133,878 | 129,442 |
| Deferred grants, current portion | 4,178 | 8,283 | 8,389 | 7,900 |
| Finance lease obligations, current portion | 25,360 | 25,482 | 25,526 | 26,045 |
| Non-recourse debt, current portion | 311,531 | 278,531 | 250,422 | 231,665 |
| Pass-through financing obligation, current portion | - | - | - | 0 |
| Total current liabilities | 1,420,780 | 1,268,642 | 1,261,981 | 1,334,482 |
| Deferred revenue, net of current portion | 1,321,558 | 1,280,557 | 1,238,468 | 1,208,905 |
| Deferred grants, net of current portion | 191,340 | 190,531 | 193,009 | 196,535 |
| Finance lease obligations, net of current portion | 44,336 | 50,736 | 58,025 | 66,139 |
| Convertible senior notes | 473,234 | 472,724 | 472,226 | 479,420 |
| Line of credit | 319,210 | 336,522 | 358,493 | 384,226 |
| Pass-through financing obligation, net of current portion | - | - | - | 0 |
| Non-recourse debt, net of current portion | 13,517,611 | 12,945,532 | 12,479,475 | 11,806,181 |
| Other liabilities | 169,324 | 167,611 | 120,973 | 119,846 |
| Deferred tax liabilities | 123,510 | 71,058 | 97,684 | 137,940 |
| Total liabilities | 17,580,903 | 16,783,913 | 16,280,334 | 15,733,674 |
| Redeemable noncontrolling interests | 729,861 | 715,585 | 657,772 | 624,159 |
| Common stock, 0.0001 par valueauthorized, 2,000,000 shares as of september30, 2025 and december31, 2024 issued and outstanding, 231,605 and 225,662 shares as of september30, 2025 and december31, 2024, respectively | 23 | 23 | 23 | 23 |
| Additional paid-in capital | 6,867,123 | 6,823,894 | 6,784,061 | 6,747,236 |
| Accumulated other comprehensive income | 50,249 | 52,892 | 61,173 | 86,814 |
| Retained earnings | -3,933,493 | -3,950,082 | -4,229,855 | -4,279,866 |
| Total stockholders equity | 2,983,902 | 2,926,727 | 2,615,402 | 2,554,207 |
| Noncontrolling interests | 930,816 | 803,910 | 824,347 | 985,844 |
| Total equity | 3,914,718 | 3,730,637 | 3,439,749 | 3,540,051 |
| Total liabilities, redeemable noncontrolling interests and total equity | 22,225,482 | 21,230,135 | 20,377,855 | 19,897,884 |
Sunrun Inc. (RUN)
Sunrun Inc. (RUN)