---
schema_version: "secwatch.filing_event.v1"
accession: "0001469367-25-000037"
form_type: "8-K"
ticker: "RUN"
cik: "0001469367"
company_name: "Sunrun Inc."
filed_at: "2025-02-27T23:59:59+00:00"
generated_at: "2026-05-26T01:31:02.598179+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Sunrun posts Q4 net loss of $2.8B on $3.1B goodwill impairment; Cash Generation positive $34M

## Summary
- Q4 net loss $2,813.7M ($12.51/sh) includes non-cash $3.1B goodwill impairment; non-GAAP net income $360.9M ($1.41/sh).
- Cash Generation of $34M in Q4, third consecutive positive quarter; FY2025 guidance $200-500M.
- Paid down $132M recourse debt in Q4; total debt reduction $186M since March 2024.
- Storage capacity installed 392 MWh (+78% YoY); attachment rate 62%; Q1 2025 guidance 265-275 MWh.
- Net earning assets $6.8B; Net subscriber value $19,177 (record).

## SEC filing metadata
- accession: 0001469367-25-000037
- form_type: 8-K
- ticker: RUN
- cik: 0001469367
- company_name: Sunrun Inc.
- filed_at: 2025-02-27T23:59:59+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/1469367/000146936725000037/0001469367-25-000037-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1469367/000146936725000037/run-20250227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001469367-25-000037
- JSON: https://secwatch.observer/filing/0001469367-25-000037.json
- Plain text: https://secwatch.observer/filing/0001469367-25-000037.txt

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