Sunrun Q4 revenue $435M (+36% YoY), net loss $38.5M; FY21 capacity growth 31%

Sunrun Inc.

2021-FY EPS reported -$0.39 revenue$1,609,954,000

Q4 revenue $435.2M (+36% YoY); full-year revenue $1.61B (+75% YoY).
Q4 GAAP net loss $38.5M ($0.19/share); full-year net loss $79.4M ($0.39/share).
Customer additions 29,870 in Q4; total customers 660,311 (+20% YoY).
Solar capacity installed grew 31% in 2021; guidance for 2022 growth of 20%+.
New $425M recourse lending facility secured at improved terms; battery installations up >100%.

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