The latest financial statement is for the quarter ending 2026-03-31.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net loss | -297,333 | -175,106 | -277,845 | -278,984 |
| Depreciation and amortization, net of amortization of deferred grants | 189,556 | 184,429 | 181,546 | 189,713 |
| Goodwill impairment | - | 0 | - | - |
| Deferred income taxes | 7,067 | 40,434 | -999 | -96,103 |
| Stock-based compensation expense | 26,302 | 28,332 | 29,591 | 25,024 |
| Interest on pass-through financing obligations | - | 0 | 0 | 0 |
| Reduction in pass-through financing obligations | - | 0 | 0 | 0 |
| Unrealized (gain) loss on derivatives | 18,366 | 23,459 | -16,079 | -17,555 |
| Other noncash items | -79,797 | -89,739 | -79,288 | -77,307 |
| Accounts receivable | -22,086 | 24,017 | 68,609 | 20,233 |
| Inventories | -30,896 | -68,701 | 78,838 | 76,748 |
| Prepaid expenses and other assets | 137,889 | 169,744 | 189,579 | 208,568 |
| Accounts payable | 78,710 | -44,975 | -71,446 | 51,982 |
| Accrued expenses and other liabilities | -16,107 | 73,011 | 10,696 | -26,927 |
| Deferred revenue | 17,243 | 44,755 | 55,370 | 53,323 |
| Deferred tax liabilities | 28,661 | 4,848 | 193,223 | - |
| Net cash provided by (used in) operating activities | 10,623 | 96,948 | -121,523 | -292,659 |
| Payments for the costs of energy systems | 424,428 | 409,629 | 742,152 | 691,978 |
| Purchase of equity investment | 3,717 | 0 | - | - |
| Purchases of property and equipment, net | 409 | -774 | 1,489 | 843 |
| Net cash used in investing activities | -428,554 | -408,855 | -743,641 | -692,821 |
| Proceeds from state tax credits, net of recapture | 12,384 | 0 | 0 | 9,668 |
| Proceeds from trade receivable financing | - | 0 | 95,758 | 71,323 |
| Repayment of trade receivable financing | 0 | 95,758 | 71,323 | 99,519 |
| Proceeds from line of credit | 182,500 | 182,500 | 49,800 | 1,862 |
| Repayment of line of credit | 268,622 | 263,387 | 67,112 | 23,833 |
| Proceeds from issuance of convertible senior notes, net of capped call transaction | 0 | 0 | 0 | 0 |
| Repurchase of convertible senior notes | 5,457 | 0 | 0 | 0 |
| Proceeds from issuance of non-recourse debt | 808,005 | 214,700 | 1,847,950 | 2,048,429 |
| Repayment of non-recourse debt | 665,674 | 115,320 | 1,256,945 | 913,749 |
| Payment of debt fees | 18,238 | 3,522 | 35,672 | 240 |
| Proceeds from pass-through financing and other obligations, net | 0 | 0 | 0 | 0 |
| Repayment of pass-through financing obligation | 0 | 0 | 0 | 0 |
| Payment of finance lease obligations | 6,121 | 6,148 | 6,251 | 6,303 |
| Contributions received from noncontrolling interests and redeemable noncontrolling interests | 305,812 | 542,078 | 524,815 | 679,384 |
| Distributions paid to noncontrolling interests and redeemable noncontrolling interests | 75,650 | 69,632 | 58,299 | 58,547 |
| Acquisition of noncontrolling interest | 0 | 1 | 14,485 | 16,219 |
| Proceeds from transfer of investment tax credits | 340,110 | 446,214 | 295,778 | 236,098 |
| Payments to redeemable noncontrolling interests and noncontrolling interests of investment tax credits | 340,110 | 446,214 | 295,778 | 236,098 |
| Net proceeds related to stock-based award activities | 1,275 | 7,629 | 607 | 8,544 |
| Net cash provided by financing activities | 270,214 | 393,139 | 1,008,843 | 1,018,654 |
| Net change in cash and restricted cash | -147,717 | 81,232 | 143,679 | 33,174 |
| Cash and restricted cash, beginning of period | 1,236,988 | 1,155,756 | 1,012,077 | 978,903 |
| Cash and restricted cash, end of period | 1,089,271 | 1,236,988 | 1,155,756 | 1,012,077 |
Sunrun Inc. (RUN)
Sunrun Inc. (RUN)