Sunrun Q1 revenue rises 10% to $504.3 million; net income to common $50.0 million
Sunrun reported first-quarter 2025 results on May 7, 2025, with total revenue of $504.3 million, up 10% from a year earlier, and net income attributable to common stockholders of $50.0 million, compared with a loss of $87.8 million in the first quarter of 2024. The company reiterated its 2025 Cash Generation guidance of $200 million to $500 million and said it paid down $27 million of recourse debt in the quarter. Total net loss before noncontrolling interests was $277.2 million, and the company still reported a loss from operations of $114.9 million.
Key points
- Total revenue was $504.3 million, up $46.1 million, or 10%, from the first quarter of 2024.
- Net income attributable to common stockholders was $50.0 million, or $0.20 per diluted share, versus a $0.40 per share loss a year earlier.
- Cash Generation was $56 million, the fourth consecutive quarter of positive Cash Generation; full-year 2025 guidance of $200 million to $500 million was unchanged.
- Second-quarter 2025 Cash Generation is expected to be $50 million to $60 million.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:56 AM ET, from the text of the filing and its press-release exhibits 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 May 07, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.