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Sunrun (RUN) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 5, 2026

Sunrun (RUN) reported revenue of $870M for the second quarter 2026 (Q2 2026), +53% from a year earlier and +20% from the quarter before. Operating margin was 4.0%, net loss $208M (23.9% of revenue).

Revenue$870M
Year over year+53%
Quarter over quarter+20%
Operating margin4.0%
Net earnings−$208M

Sunrun, Q2 2026: revenue $870M (+53% year over year), operating margin 4.0%, net loss $208M, operating cash flow −$186M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$870M+20%+53%
Operating profit$34.8M——
Net earnings−$208M——
Operating cash flow−$186M-1853%—

What changed

Revenue was $870.0M in Q2 2026, up 53% year over year and up 20% from the previous quarter. Customer agreements was the largest line at 58% of revenue. Energy systems added $253.1M year over year (up 668%), 84% of the total change. Products declined 52%.

Operating profit was $34.8M, a 4.0% margin (up 23.7 points year over year). Total costs grew 23% against revenue growth of 53%. The fastest-growing cost line was General & admin (+29%). The quarter ended with a net loss of $208.2M, narrower than the previous quarter's $297.3M loss. Minority interests bore $323.3M of it: to shareholders the quarter was a profit of $115.2M. Net interest and other expense of $246.9M was the main reason.

Operating cash flow was −$186.2M. Non-cash charges added back $192.8M of depreciation and amortization and $21.1M of share-based compensation. Working capital and other items used $191.9M.

Questions

What was Sunrun's revenue in the second quarter 2026?

Sunrun (RUN) reported revenue of $870M for the second quarter 2026 (Q2 2026), +53% from a year earlier and +20% from the quarter before.

Was Sunrun profitable in the second quarter 2026?

Operating profit was $34.8M (4.0% of revenue) and net loss $208M.

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Source: Sunrun 10-Q on SEC EDGAR.