---
schema_version: "secwatch.filing_event.v1"
accession: "0001469367-23-000027"
form_type: "8-K"
ticker: "RUN"
cik: "0001469367"
company_name: "Sunrun Inc."
filed_at: "2023-02-22T23:59:59+00:00"
generated_at: "2026-06-19T04:40:50.010993+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Sunrun Q4 net income $63M, revenue up 40% YoY; Fenster transitions to part-time

## Summary
- Q4 2022 net income $63.0M ($0.29 diluted EPS); full-year net income $173.4M ($0.80 diluted).
- Q4 revenue $609.2M (+40% YoY); Customer agreements revenue $242.3M (+21% YoY).
- Net Subscriber Value record $16,569, up from $13,259 in Q3; Subscriber Value $46,326, Creation Cost $29,757.
- Co-founder Edward Fenster transitions to part-time employee effective March 1, 2023, remains Co-Executive Chair.
- FY 2023 guidance: Solar Energy Capacity Installed growth 10-15%; Q1 capacity expected 215-225 MW.

## SEC filing metadata
- accession: 0001469367-23-000027
- form_type: 8-K
- ticker: RUN
- cik: 0001469367
- company_name: Sunrun Inc.
- filed_at: 2023-02-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1469367/000146936723000027/0001469367-23-000027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1469367/000146936723000027/run-20230222.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001469367-23-000027
- JSON: https://secwatch.observer/filing/0001469367-23-000027.json
- Plain text: https://secwatch.observer/filing/0001469367-23-000027.txt

## Key facts
- Earnings Releases
  Sunrun Inc. reported financial results for the quarter and full year ended December 31, 2022.
  - Period: the quarter and full year ended December 31, 2022
  - Result: reported results
  source text: On February 22, 2023, Sunrun Inc. (the “Company”) issued a press release announcing its financial results for the quarter and full year ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1469367/000146936723000027/0001469367-23-000027-index.htm
- Executive change
  Edward Fenster changed role as Co-Executive Chair at Sunrun Inc..
  - Action: transitioned to part-time employment status
  - Role: Co-Executive Chair
  source text: Co-Executive Chair Edward Fenster will transition from his position as a full-time employee of the Company to part-time employment status with continued involvement in the operations and strategy of the Company, but will cease to be an “executive officer”
  evidence_url: https://www.sec.gov/Archives/edgar/data/1469367/000146936723000027/0001469367-23-000027-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.