secwatch.observer — SEC 8-K summary
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Issuer:     Sunrun Inc. (RUN)
CIK:        0001469367
Form:       8-K
Filed at:   2025-05-07T23:59:59+00:00
Accession:  0001469367-25-000103
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sunrun Q1 revenue $504M (+10% YoY); net income $50M; cash generation $56M
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- GAAP net income $50M ($0.22 basic EPS); revenue $504.3M, up 10% YoY.
- Subscriber additions 23,692 (+7% YoY); storage attachment rate 69% (vs 50% prior year).
- Contracted Net Value Creation $164M ($0.72/share), up 104% YoY.
- Cash Generation $56M (4th consecutive positive quarter); reiterates FY25 guidance of $200M-$500M.
- Paid down $27M of recourse debt in Q1; total deleveraging $214M over past four quarters.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1469367/000146936725000103/0001469367-25-000103-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1469367/000146936725000103/run-20250507.htm
  HTML page:      https://secwatch.observer/filing/0001469367-25-000103

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer