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Revenue by Segment
Breaks down revenue across Sunrun’s business lines (e.g., leases/PPA, system sales, installations, services), showing which segments drive growth and margins. Highlights shifts toward higher-margin or one-time sales and reveals concentration risks or areas with the most upside.Sunrun’s revenue mix materially restructured in 2023 toward bundled 'Customer Agreements and Incentives' and volatile 'Energy Systems and Product Sales,' signaling a shift to securitization/monetization of contracts rather than steady product sales. Management’s rising contracted subscriber value, higher storage attach and larger system sizes support stronger long‑term economics, but Energy Systems swings reflect financing timing and monetization cadence—making reported revenue and cash generation lumpy. Monitor securitization pace, tax‑equity/FIAT clarity and unit creation costs, which drive near‑term cash volatility despite improving operational momentum.
Date | Products | Customer Agreements | Incentives | Solar Energy Systems | Customer Agreements and Incentives | Energy Sytems and Product Sales |
|---|---|---|---|---|---|---|
Jun 30, 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $543.73M | $326.26M |
Mar 31, 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $467.82M | $254.41M |
Dec 31, 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $466.50M | $692.30M |
Sep 30, 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $491.60M | $232.96M |
Jun 30, 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $458.00M | $111.34M |
Mar 31, 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $402.92M | $101.35M |
Dec 31, 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $388.57M | $129.92M |
Sep 30, 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $405.90M | $131.31M |
Jun 30, 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $387.82M | $136.04M |
Mar 31, 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $322.97M | $135.22M |