---
schema_version: "secwatch.filing_event.v1"
accession: "0001469367-23-000201"
form_type: "8-K"
ticker: "RUN"
cik: "0001469367"
company_name: "Sunrun Inc."
filed_at: "2023-11-01T23:59:59+00:00"
generated_at: "2026-06-09T02:23:23.762920+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Sunrun Q3 net loss $1.07B on $1.2B goodwill impairment; storage growth 131% YoY, solar guidance cut

## Summary
- GAAP net loss $1,069.5M ($4.92/share) vs net loss $63.9M a year ago; non-GAAP net income $88.5M ($0.40 diluted excluding impairment).
- Revenue $563.2M, down 11% YoY; customer agreements revenue up 17% to $316.5M, product sales down 32% to $246.7M.
- Storage Capacity Installed 175.6 MWh (+131% YoY, +68% QoQ); storage attachment rate 33% in Q3, recent >40% nationally.
- Lowers FY 2023 solar capacity growth guidance to 2-5% (from 10-15%); Q4 storage guidance 180-200 MWh.
- Net Subscriber Value $11,030; pro-forma with full ITC adder and cost deflation $14,793 (6% discount).

## SEC filing metadata
- accession: 0001469367-23-000201
- form_type: 8-K
- ticker: RUN
- cik: 0001469367
- company_name: Sunrun Inc.
- filed_at: 2023-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1469367/000146936723000201/0001469367-23-000201-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1469367/000146936723000201/run-20231101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001469367-23-000201
- JSON: https://secwatch.observer/filing/0001469367-23-000201.json
- Plain text: https://secwatch.observer/filing/0001469367-23-000201.txt

## Key facts
- Earnings Releases
  Sunrun Inc. updated its the quarter ended September 30, 2023 guidance (lowered).
  - Period: the quarter ended September 30, 2023
  - Guidance: lowered
  - Result: reported results
  source text: On November 1, 2023, Sunrun Inc. (the “Company”) issued a press release announcing its financial results for the quarter ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1469367/000146936723000201/0001469367-23-000201-index.htm

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