secwatch.observer — SEC 8-K summary
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Issuer:     Sunrun Inc. (RUN)
CIK:        0001469367
Form:       8-K
Filed at:   2023-08-02T23:59:59+00:00
Accession:  0001469367-23-000165
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sunrun Q2: Storage Capacity Installed +35% YoY, Net Subscriber Value $12,321, EPS $0.25
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- Solar Energy Capacity Installed 296.6 MW, exceeding high-end of guidance; Q3 guidance 255-275 MW.
- Storage capacity installed 102.6 MWh (+35% YoY); storage attachment rates surge to 18% of new installations, over 30% for backup storage nationally.
- Net income $55.5M ($0.25 diluted EPS); revenue $590.2M (+1% YoY). Net Subscriber Value $12,321, up from Q1.
- Sales outside California grew 25% YoY; CA sales soft due to net billing tariff transition.
- Net Earning Assets $4.4B, up $409M; total cash $921M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1469367/000146936723000165/0001469367-23-000165-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1469367/000146936723000165/run-20230802.htm
  HTML page:      https://secwatch.observer/filing/0001469367-23-000165

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