---
schema_version: "secwatch.filing_event.v1"
accession: "0001469367-23-000117"
form_type: "8-K"
ticker: "RUN"
cik: "0001469367"
company_name: "Sunrun Inc."
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-16T00:54:14.116522+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.78
calibrated_materiality_score: 0.78
confidence: "high"
source: SEC EDGAR
---

# Sunrun Q1 2023: Revenue $589.8M (+19% YoY), Net loss $240.4M; Subscriber Value $12,000 beats guidance

## Summary
- Solar capacity installed 240 MW, exceeding high-end of guidance; Q2 guidance 270-290 MW.
- Net Subscriber Value $12,000 beats guidance; Subscriber Value $44,055, Creation Cost $32,055.
- Customer additions 32,413 (25,154 subscribers); total customers 829,709, up 20% YoY.
- Annual Recurring Revenue $1.1B with 17.6 years average contract life; Networked capacity 5.9 GW.
- Sales activities grew over 30% YoY, with over 80% growth in California; launched Sunrun Shift in CA.

## SEC filing metadata
- accession: 0001469367-23-000117
- form_type: 8-K
- ticker: RUN
- cik: 0001469367
- company_name: Sunrun Inc.
- filed_at: 2023-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.78
- calibrated_materiality_score: 0.78
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1469367/000146936723000117/0001469367-23-000117-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1469367/000146936723000117/run-20230503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001469367-23-000117
- JSON: https://secwatch.observer/filing/0001469367-23-000117.json
- Plain text: https://secwatch.observer/filing/0001469367-23-000117.txt

## Key facts
- Earnings Releases
  Sunrun Inc. reported financial results for the quarter ended March 31, 2023.
  - Period: the quarter ended March 31, 2023
  - Result: reported results
  source text: On May 3, 2023, Sunrun Inc. (the “Company”) issued a press release announcing its financial results for the quarter ended March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1469367/000146936723000117/0001469367-23-000117-index.htm

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