Sunrun Inc. (NASDAQ:RUN)) posted its second-quarter results after Wednesday’s closing bell. Shares fell double-digits despite a solid report. Here’s a look at the key figures from the quarter.
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Sunrun Q2 Details
Sunrun reported quarterly earnings of 42 cents per share, which beat the analyst consensus estimate of 24 cents, according to Benzinga Pro data.
Quarterly revenue came in at $869.99 million, which beat the Street estimate of $751.83 million.
Sunrun reported the following second-quarter highlights:
- Aggregate Subscriber Value of approximately $1.2 billion in the second quarter.
- Storage Attachment Rate reached a record 74% in the second quarter and Networked Storage Capacity reached 4.6 Gigawatt-hours as of June 30, 2026.
- Net cash used in operating activities was $186 million in the second quarter and Cash Generation was $23 million, or $45 million if excluding $22 million of net investments in equipment safe harbor.
- Revised Cash Generation guidance to a range of $200 million to $375 million in 2026, excluding investments in equipment safe harbor.
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“We are positioning the business for strong growth, bringing on some of the best talent in the industry and scaling deliberately, with a focus on customer experience and asset quality,” said CEO Mary Powell.
“And as that engine scales, we’re aiming to unlock new ways to monetize the network we’ve already built, from distributed power plant programs to emerging data center and grid edge applications, creating new streams of Cash Generation.”
RUN Stock Price Activity: According to data from Benzinga Pro, Sunrun stock was down 14.2% to $9 in Wednesday’s extended trading.
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