Sunrun Q3 revenue falls 5% to $537.2 million; net loss narrows to $83.8 million
Sunrun reported third-quarter 2024 results on November 7, 2024. Total revenue fell $26.0 million, or 5%, from a year earlier, while the net loss attributable to common stockholders shrank to $83.8 million, or $0.37 per share, from $1,069.5 million a year earlier, a period that included a $1,158 million goodwill impairment. The company reiterated its Cash Generation guidance of $350 million to $600 million for 2025 and $50 million to $125 million for Q4 2024.
Key points
- Total revenue was $537.2 million, down 5% from the third quarter of 2023, as solar energy systems and product sales fell 47%.
- Net loss attributable to common stockholders was $83.8 million, or $0.37 per share, versus $1,069.5 million in Q3 2023.
- Cash Generation was $2.5 million in Q3 2024, the second consecutive quarter of positive Cash Generation.
- Full-year 2025 Cash Generation guidance of $350 million to $600 million was reiterated, not changed.
The filing
Written by AI on Nov 8, 2026, 6:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 07, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.