The latest financial statement is for the quarter ending 2025-09-30.
| Cash Flow | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Net loss | -277,845 | -278,984 | -277,171 | -3,399,951 |
| Depreciation and amortization, net of amortization of deferred grants | 181,546 | 189,713 | 169,890 | 162,343 |
| Goodwill impairment | - | - | - | 3,122,168 |
| Income tax benefit | -999 | -96,103 | -110,550 | 136 |
| Stock-based compensation expense | 29,591 | 25,024 | 25,005 | 28,869 |
| Interest on pass-through financing obligations | 0 | 0 | 0 | 0 |
| Reduction in pass-through financing obligations | 0 | 0 | 0 | 0 |
| Unrealized loss on derivatives | -16,079 | -17,555 | -45,070 | 122,319 |
| Other noncash items | -79,288 | -77,307 | -61,499 | -105,220 |
| Accounts receivable | 68,609 | 20,233 | 6,906 | -5,741 |
| Inventories | 78,838 | 76,748 | 12,318 | 59,735 |
| Prepaid expenses and other assets | 189,579 | 208,568 | 45,761 | 301,380 |
| Accounts payable | -71,446 | 51,982 | -15,618 | 141,070 |
| Accrued expenses and other liabilities | 10,696 | -26,927 | 27,910 | 4,182 |
| Deferred revenue | 55,370 | 53,323 | 34,744 | 55,297 |
| Deferred tax liabilities | 193,223 | - | - | - |
| Net cash used in operating activities | -121,523 | -292,659 | -104,206 | -258,359 |
| Payments for the costs of solar energy systems | 742,152 | 691,978 | 654,802 | 791,785 |
| Purchase of equity investment | - | - | - | 0 |
| Purchases of property and equipment, net | 1,489 | 843 | 219 | 627 |
| Net cash used in investing activities | -743,641 | -692,821 | -655,021 | -792,412 |
| Proceeds from state tax credits, net of recapture | 0 | 9,668 | - | 0 |
| Proceeds from trade receivable financing | 95,758 | 71,323 | - | 124,261 |
| Repayment of trade receivable financing | 71,323 | 99,519 | 24,742 | 0 |
| Proceeds from line of credit | 49,800 | 1,862 | 148,824 | 48,700 |
| Repayment of line of credit | 67,112 | 23,833 | 174,557 | 56,998 |
| Proceeds from issuance of convertible senior notes, net of capped call transaction | 0 | 0 | 0 | 0 |
| Repurchase of convertible senior notes | 0 | 0 | 2,124 | 346,581 |
| Proceeds from issuance of non-recourse debt-Non Recourse Debt | - | - | 1,520,629 | 644,950 |
| Proceeds from issuance of non-recourse debt | 1,847,950 | 2,048,429 | - | - |
| Repayment of non-recourse debt-Non Recourse Debt | - | - | 838,483 | 102,748 |
| Repayment of non-recourse debt | 1,256,945 | 913,749 | - | - |
| Payment of debt fees | 35,672 | 240 | 28,018 | 128 |
| Proceeds from pass-through financing and other obligations, net | 0 | 0 | 0 | 0 |
| Repayment of pass-through financing obligation | 0 | 0 | 0 | 240,288 |
| Payment of finance lease obligations | 6,251 | 6,303 | 6,483 | 6,605 |
| Contributions received from noncontrolling interests and redeemable noncontrolling interests | 524,815 | 679,384 | 255,900 | 521,480 |
| Distributions paid to noncontrolling interests and redeemable noncontrolling interests | 58,299 | 58,547 | 60,253 | 70,269 |
| Acquisition of noncontrolling interest | 14,485 | 16,219 | 0 | 4,761 |
| Proceeds from transfer of investment tax credits | 295,778 | 236,098 | 624,776 | 148,586 |
| Payments to redeemable noncontrolling interests and noncontrolling interests of investment tax credits | 295,778 | 236,098 | 624,776 | 148,586 |
| Net proceeds related to stock-based award activities | 607 | 8,544 | 21 | 6,923 |
| Net cash provided by financing activities | 1,008,843 | 1,018,654 | 790,714 | 987,570 |
| Net change in cash and restricted cash | 143,679 | 33,174 | 31,487 | -63,201 |
| Cash and cash equivalents at beginning of period | 1,012,077 | 978,903 | 947,416 | 1,010,617 |
| Cash and cash equivalents at end of period | 1,155,756 | 1,012,077 | 978,903 | 947,416 |
Sunrun Inc. (RUN)
Sunrun Inc. (RUN)