Sunrun
Financials
Estimates*
USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | 922m | 1.6b | 2.3b | 2.3b | 2.1b | 2.5b | 2.8b |
% growth | 7 % | 75 % | 44 % | (3 %) | (7 %) | 17 % | 15 % |
EBITDA | (214m) | (255m) | 49.5m | (353m) | 1.6m | 75.0m | (19.2m) |
% EBITDA margin | (23 %) | (16 %) | 2 % | (16 %) | - | 3 % | (1 %) |
Profit | (173m) | (79.4m) | 173m | (1.6b) | (2.3m) | (174m) | (133m) |
% profit margin | (19 %) | (5 %) | 7 % | (71 %) | - | (7 %) | (5 %) |
EV / revenue | 19.7x | 8.3x | 5.6x | 6.3x | 7.8x | 7.4x | 7.0x |
EV / EBITDA | -84.8x | -52.2x | 264.2x | -40.4x | 10484.4x | 240.9x | -1032.2x |
R&D budget | 19.5m | 23.2m | 20.9m | 21.8m | - | - | - |
R&D % of revenue | 2 % | 1 % | 1 % | 1 % | - | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Late VC | ||
N/A | $251m Valuation: $1.4b | IPO | |
$250m | Post IPO Debt | ||
N/A | $33.0m | Post IPO Debt | |
$100m | Growth Equity VC | ||
N/A | $303m | Post IPO Debt | |
* | $835m | Post IPO Debt | |
* | N/A | $715m | Post IPO Debt |
* | N/A | $475m | Post IPO Convertible |
* | N/A | $886m | Post IPO Debt |
Total Funding | AUD613m |
Recent News about Sunrun
EditSunrun Inc. is a prominent player in the residential solar energy market, specializing in providing solar energy solutions, energy storage, and related services to homeowners. The company operates primarily in the United States, targeting residential clients who are looking to reduce their energy costs and carbon footprint. Sunrun's business model revolves around the installation and maintenance of solar panels and energy storage systems, offering customers the option to lease or purchase these systems. This model allows Sunrun to generate revenue through long-term contracts and upfront sales. The company also benefits from various government incentives and tax credits aimed at promoting renewable energy. Sunrun's market position is bolstered by its extensive experience and a growing customer base, which stood at 298,000 as of the latest count. The company continues to expand its footprint through strategic acquisitions, such as the recent purchase of Vivint Solar. Sunrun's value proposition includes significant cost savings for customers over the long term, driven by reduced utility bills and the potential for energy independence. Keywords: residential solar, energy storage, renewable energy, cost savings, long-term contracts, government incentives, strategic acquisitions, energy independence, United States, solar panels.