secwatch.observer — SEC 8-K summary
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Issuer:     Sunrun Inc. (RUN)
CIK:        0001469367
Form:       8-K
Filed at:   2024-05-08T23:59:59+00:00
Accession:  0001469367-24-000091
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sunrun Q1 net loss $87.8M; storage installations surge 192% YoY; solar guidance cut
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- Net loss $87.8M ($0.40/share); revenue $458.2M, down 22% YoY as customer agreement revenue rose 31%.
- Storage capacity installed 207.2 MWh (+192% YoY); storage attachment rate reached 50%.
- Net subscriber value $11,891; creation cost $38,885; total value generated $262M.
- Cash generation negative $311M in Q1, but adjusted positive $6M; reiterates $200M–$500M annualized run-rate by Q4 2024.
- Full-year solar capacity guidance cut to -15% to flat (from -5% to +5%); storage guidance 800–1,000 MWh (+40–75% YoY).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1469367/000146936724000091/0001469367-24-000091-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1469367/000146936724000091/run-20240508.htm
  HTML page:      https://secwatch.observer/filing/0001469367-24-000091

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