Sunrun Inc. (RUN) quarterly cash flow statement — complete operating, investing & financing history
Sunrun Inc. (RUN) cash flow statement — 13-year operating, investing & financing cash flows
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Cash from Operations | 301.38M | -175.56M | 10.62M | 96.95M | -121.52M | -292.66M | -104.21M | -258.36M | -156.16M | -208.54M | -143.09M | -116.01M | -63.24M | -202.17M | -439.32M | -304.67M | -89.86M | -197.85M | -256.41M | -281.36M |
| Operating CF Margin % | 27.41% | -20.18% | 1.47% | 8.37% | -16.77% | -51.4% | -20.66% | -49.83% | -29.07% | -39.81% | -31.23% | -22.46% | -11.23% | -34.25% | -74.48% | -50.02% | -14.22% | -33.85% | -51.72% | -64.65% |
| Operating CF Growth % | 348% | 40.01% | 110.19% | 137.52% | 22.18% | -40.33% | 27.18% | -122.71% | -146.93% | -3.15% | 67.43% | 61.92% | 29.62% | -2.18% | -71.34% | -8.29% | 50.1% | -16.3% | -38.12% | -86.07% |
| Net Income | 86.97M | -505.51M | 168.14M | -175.11M | 17.1M | -278.98M | -277.17M | -3.4B | -83.77M | 139.07M | -87.82M | -350.12M | -1.07B | 56.01M | -240.39M | -327.91M | 210.56M | -209.76M | -156.47M | -321.47M |
| Depreciation & Amortization | 196.66M | 192.79M | 189.56M | 184.43M | 181.55M | 189.71M | 169.89M | 162.34M | 155.53M | 152.49M | 169.52M | 153.31M | 138.76M | 128.78M | 125.2M | 119.19M | 120.72M | 107.13M | 106.11M | 102.09M |
| Stock-Based Compensation | 19.28M | 47.42M | 0 | 28.33M | 0 | 25.02M | 25M | 28.87M | 0 | 0 | 0 | 0 | 27.72M | 0 | 0 | 21.93M | 0 | 26.65M | 39.22M | 50.25M |
| Deferred Taxes | -45.17M | 3.09M | 7.07M | 40.43M | -999K | -96.1M | -110.55M | 136K | -13.8M | -10.95M | -2.2M | -1.62M | 0 | 18.68M | -59.61M | 2.29M | 0 | 3.28M | -3.28M | 28.32M |
| Other Non-Cash Items | -57.16M | 381.64M | -377.74M | 66.28M | -169.99M | 94.86M | 106.57M | 3.11B | -163.72M | -367.95M | -230.51M | 54.21M | 746.6M | -361.14M | -15.91M | 29.14M | -399.96M | -27.68M | -99.17M | 16.94M |
| Working Capital Changes | 100.79M | -294.99M | 23.6M | -47.42M | -149.18M | -227.17M | -17.95M | -154.82M | -50.39M | -121.2M | 7.91M | 28.22M | 93.14M | -44.5M | -248.62M | -149.31M | -21.18M | -97.47M | -142.82M | -157.49M |
| Change in Receivables | -69.58M | 12.15M | 22.09M | -24.02M | -68.61M | -20.23M | -6.91M | 5.74M | -7.11M | -12.23M | -1.37M | 5.76M | 22.69M | -3.32M | -9.38M | 545K | -7.84M | -22.23M | -57.23M | 28.05M |
| Change in Inventory | -28.32M | -70.5M | 30.9M | 68.7M | -78.84M | -76.75M | -12.32M | -59.73M | 10.78M | 58.87M | 47.75M | 202.06M | 129.94M | 96.15M | -103.99M | -194.81M | -41.67M | 8.53M | -49.13M | -62.3M |
| Change in Payables | 89.53M | 6.93M | 78.71M | -44.98M | -71.45M | 51.98M | -15.62M | 141.07M | 45.22M | -68.48M | 59.64M | -52.51M | 0 | -18.4M | -1.43M | 55.22M | 19.73M | -134.92M | 100.42M | -53.48M |
| Cash from Investing | -419.89M | -877.73M | -122.74M | -408.86M | -233.31M | -692.82M | -655.02M | -792.41M | -271.3M | 4M | -372.27M | -201.27M | -741.45M | -347.48M | -119.73M | -518.69M | -160.48M | -518.2M | -502.1M | -488.21M |
| Capital Expenditures | -377.62M | -4.7M | -424.84M | 774K | -743.64M | 723.74M | -655.02M | -792.41M | -764.36M | -605.27M | -538.98M | -656.12M | -741.45M | -700.26M | -510.31M | -518.69M | -547.08M | -518.2M | -427.1M | -488.21M |
| CapEx % of Revenue | 34.34% | 0.54% | 58.82% | 0.07% | 102.63% | 127.12% | 129.89% | 152.83% | 142.29% | 115.54% | 117.63% | 127.01% | 131.65% | 118.65% | 86.52% | 85.15% | 86.58% | 88.64% | 86.15% | 112.17% |
| Acquisitions | 0 | 0 | 305.81M | 0 | 510.33M | 0 | 0 | 0 | 493.07M | 609.27M | 166.71M | 459.86M | 0 | 352.78M | 390.57M | 0 | 386.6M | 0 | -75M | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | -853.78M | 0 | -409.63M | 0 | -1.42B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing | 103.46M | 952.69M | -35.6M | 393.14M | 498.51M | 1.02B | 790.71M | 987.57M | 395.82M | 463.61M | 310.7M | 353.17M | 835.55M | 627.5M | 449.26M | 820.33M | 343.26M | 716.56M | 770.69M | 678.88M |
| Debt Issued (Net) | 57.71M | 335.21M | 26.39M | -115.44M | 531.77M | 424.26M | 647.81M | 410.06M | 450.83M | 556.06M | 384.48M | 396.29M | 594.36M | 672.41M | 507.8M | 412.22M | 383.54M | 452.56M | 627.66M | 393.54M |
| Equity Issued (Net) | 0 | 0 | 1.27M | 7.63M | 607K | 8.54M | 21K | 6.92M | 976K | 9.92M | 1.06M | 8.46M | 0 | 12.54M | 1.33M | 0 | 4.72M | 15.31M | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 45.75M | 617.48M | -63.27M | 500.95M | -33.86M | 585.85M | 142.89M | 570.58M | -55.98M | -102.37M | -74.83M | -51.58M | 241.19M | -57.44M | -59.87M | 408.11M | -45M | 245.46M | 143.03M | 285.34M |
| Net Change in Cash | -15.05M | -100.6M | -147.72M | 81.23M | 143.68M | 33.17M | 31.49M | -63.2M | -31.63M | 259.07M | -204.66M | 35.89M | 30.87M | 77.85M | -109.8M | -3.03M | 92.92M | 513K | 12.18M | -90.69M |
| Free Cash Flow | -76.23M | -180.25M | -414.21M | 97.72M | -865.16M | 431.08M | -759.23M | -1.05B | -920.52M | -813.82M | -682.07M | -772.13M | -804.69M | -902.43M | -949.63M | -823.36M | -636.94M | -716.05M | -683.51M | -769.57M |
| FCF Margin % | -6.93% | -20.72% | -57.35% | 8.43% | -119.41% | 75.72% | -150.56% | -202.66% | -171.36% | -155.35% | -148.86% | -149.47% | -142.88% | -152.9% | -161% | -135.17% | -100.8% | -122.49% | -137.86% | -176.82% |
| FCF Growth % | 91.19% | -141.81% | 45.44% | 109.3% | 6.01% | 152.97% | -11.31% | -36.09% | -14.39% | 9.82% | 28.18% | 6.22% | -26.34% | -26.03% | -38.93% | -6.99% | -2.57% | -25.6% | -25.95% | -54.07% |
| FCF per Share | -0.28 | -0.66 | -1.52 | 0.36 | -3.23 | 1.65 | -2.94 | -4.67 | -4.12 | -3.19 | -3.10 | -3.53 | -3.70 | -4.07 | -4.43 | -3.73 | -2.88 | -3.39 | -3.28 | -3.71 |
| FCF Conversion (FCF/Net Income) | 3.47x | 0.84x | 0.06x | 0.94x | -7.33x | -1.04x | -2.08x | 0.09x | 1.86x | -1.50x | 1.63x | 0.33x | 0.06x | -3.64x | 1.83x | -4.83x | -0.43x | 15.92x | 2.92x | 7.30x |
| Interest Paid | 214.27M | 401.85M | 0 | 0 | 0 | 0 | 172.33M | 167.45M | 0 | 0 | 0 | 0 | 114.27M | 0 | 0 | 90.39M | 0 | 59.84M | 68.89M | 55.51M |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |