Sunrun Inc.

RUNNASDAQEnergy● Active

$13.46

+$0.11(+0.79%)

Market Cap$3.2B

P/E Ratio—

52W High$22.44

52W Low$5.38

Avg Volume8.8M

Open$13.76

Beta2.30

Free Cash Flow Financials Revenue

Sunrun Inc. (RUN) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

RUN · free cash flow · updated Jun 8, 2026

Core FCF metrics

RUN · FCF · TTM · margin & CAGR

Free cash flow was −$423.2M for FY2025 (fiscal year ending 2025-12-31), up 87.8% year-over-year The FCF margin was -14.3%.

FY2025 Free Cash Flow−$423.2M▲ +87.8% YoY

Trailing 12M (TTM)−$750.6Mtrailing 4 quarters sum

FCF Margin-14.3%−$423.2M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

RUN · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest−$421.4M(2M)−$423.2M▲ +87.8%-14.3%

FY2024−$766.2M(2.70B)−$3.47B▼ 1.1%-170.2%

FY2023−$820.7M(2.61B)−$3.43B▼ 19.9%-151.7%

FY2022−$848.8M(2.01B)−$2.86B▼ 14.2%-123.2%

FY2021−$817.2M(1.69B)−$2.50B▼ 94.4%-155.5%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

RUN · P/FCF · FCF yield · FCF per share

Sunrun Inc. (RUN) reported negative free cash flow of −$0.42B. FCF-based valuation ratios are not meaningful when FCF is negative.

FCF Yield (TTM)

N/A

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

N/A

TTM FCF ÷ Shares Outstanding

Price / FCF

N/A

Share Price ÷ FCF per Share

EV / FCF (TTM)

N/A

Enterprise Value basis

FCF-based valuation ratios are only meaningful when free cash flow is positive. Negative FCF indicates capital expenditures exceeded operating cash flow.

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

RUN · cash flow statement · operating / investing / financing

For FY2025, Sunrun Inc. generated −$421.4M in operating cash flow and spent 2M in capital expenditures, yielding −$423.2M in free cash flow.

Operating Activities

−$421.4M

Cash from core business operations

2025-12-31

Investing Activities

−$2.50B

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$3.21B

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF (−$421.4M) − |CapEx| (2M) = FCF (−$423.2M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Energy)

RUN vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Sunrun Inc.YOU

RUN

−$423.2M+87.8%-14.3%

Loss

Exxon Mobil Corporation

Energy · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Sunrun Inc. (RUN) reported free cash flow of −$423.2M for FY2025 (fiscal year ending 2025-12-31), up 87.8% year-over-year. The FCF margin was -14.3%.

Sunrun Inc. has reported negative free cash flow in recent periods, indicating capital expenditures have exceeded operating cash flow. Data available for 13 fiscal years.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

RUN free cash flow · 8 questions

Sunrun Inc. free cash flow was −$423.2M for FY2025, up 87.8% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$750.6M.

RUN free cash flowRUN FCFRUN FCF 2025RUN free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Sunrun Inc. · Sunrun Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026