Highest-materiality recent filing
Sunrun annual meeting elects nine directors, approves say-on-pay, ratifies auditor
All nine director nominees elected: Jurich, Ferber, Trinta, Dach, Fenster, Powell, August de-Wilde, Lontoh, Cornelius.
Sunrun Q1 net income $0.71/sh, revenue +43%; subscriber additions -25% YoY
Revenue $722.2M (+43% YoY); net income $167.6M ($0.71 basic EPS).
Sunrun Q4 net income $103.6M, revenue up 124% YoY; guides 2026 cash generation $250M-$450M
Revenue $1,158.8M (+124% YoY); net income $103.6M ($0.45 basic EPS).
Sunrun amends credit facility: extends maturity to 2028, cuts commitments to $321M
Maturity extended from March 2027 to March 1, 2028 via Amendment No. 4 dated Dec 31, 2025.
Sunrun Q3 revenue $724.6M (+35%); Subscriber Value $1.6B (+10%); cash generation $108M
Revenue $724.6M (+35% YoY); net income $16.6M ($0.07 basic EPS).
Net income $279.8M ($1.22 basic EPS) vs year-ago net loss; revenue $569M, up 9% YoY.
Sunrun shareholders elect directors, approve executive pay and equity plan at 2025 annual meeting
Class I directors Lynn Jurich, Alan Ferber, John Trinta each elected with >130 million votes for.
Sunrun Q1 revenue $504M (+10% YoY); net income $50M; cash generation $56M
GAAP net income $50M ($0.22 basic EPS); revenue $504.3M, up 10% YoY.
Sunrun board member Manjula Talreja resigns; board size reduced to 8
Manjula Talreja resigned from the Board and its Audit and NGS Committees, effective April 4, 2025.
Sunrun posts Q4 net loss of $2.8B on $3.1B goodwill impairment; Cash Generation positive $34M
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).
Sunrun appoints Maria Barak as Chief Accounting Officer effective February 6, 2025
Maria Barak appointed Chief Accounting Officer and Principal Accounting Officer, effective Feb 6, 2025.
Sunrun director Gerald Risk resigns; John Trinta named Audit Committee Chair
Gerald Risk resigned from the Board and as Audit Committee Chair, effective January 1, 2025.
Sunrun Q3 net loss $0.37/sh; storage installations 336 MWh (+92% YoY), cash gen positive
Net loss $83.8M ($0.37/sh) on revenue $537.2M, down 5% YoY; customer agreement revenue up 28%.
Sunrun appoints John Trinta (former Deloitte CEO) to board, Audit Committee
Board expanded from 9 to 10 directors; John Trinta appointed as Class I director effective Oct 28, 2024.
Cash Generation of $217M in Q2; reiterates Q4 2024 guidance of $50-125M; introduces 2025 target of $350-600M.
Sunrun shareholders reject say-on-pay at annual meeting
Advisory vote on named executive officer compensation failed: 61M for, 76M against, 4.4M abstain.
Sunrun Q1 net loss $87.8M; storage installations surge 192% YoY; solar guidance cut
Net loss $87.8M ($0.40/share); revenue $458.2M, down 22% YoY as customer agreement revenue rose 31%.
Sunrun appoints Paul Dickson as President, adds role to current Chief Revenue Officer
Paul Dickson appointed President effective April 12, 2024, retaining Chief Revenue Officer title.
Sunrun issues $475M 4% convertible notes due 2030; repurchases $97.5M of 2026 notes
Issued $475M aggregate principal of 4.00% convertible senior notes due 2030; net proceeds ~$462.8M.
Q4 revenue $516.6M (-15% YoY); net loss $350.1M ($1.60/share) including $58.7M non-cash charge.
Sunrun Q3 net loss $1.07B on $1.2B goodwill impairment; storage growth 131% YoY, solar guidance cut
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).
One-time PSUs granted to CEO Mary Powell (472,508 target), two other NEOs (214,776 each), and CLO Jeanna Steele (128,865).
Sunrun PAO Michelle Philpot resigns Aug 7; CFO Abajian appointed as successor
Michelle Philpot notified resignation effective August 7, 2023 to pursue another employment opportunity.
Sunrun Q2: Storage Capacity Installed +35% YoY, Net Subscriber Value $12,321, EPS $0.25
Solar Energy Capacity Installed 296.6 MW, exceeding high-end of guidance; Q3 guidance 255-275 MW.
Sunrun shareholders approve board declassification and removal of supermajority voting requirements
Shareholders approved declassification of Board over three years and elimination of 66 2/3% supermajority vote requirements.
Solar capacity installed 240 MW, exceeding high-end of guidance; Q2 guidance 270-290 MW.
Sunrun Q4 net income $63M, revenue up 40% YoY; Fenster transitions to part-time
Q4 2022 net income $63.0M ($0.29 diluted EPS); full-year net income $173.4M ($0.80 diluted).
Sunrun Q3 net income $210.6M; Net Subscriber Value rises to $13,259, surpassing guidance
Net income attributable to common stockholders $210.6M ($0.96 diluted EPS) on revenue $631.9M (+44% YoY).
Sunrun Q2 revenue $584.6M (+46% YoY); net loss $0.06/share; capacity +33%
Revenue of $584.6M, up 46% YoY; net loss $12.4M ($0.06 per share).
Elected Lynn Jurich, Alan Ferber, and Manjula Talreja as Class I directors with strong majority votes.
Sunrun Q1 rev +48% to $496M, guides FY22 growth >25%; CFO vonReichbauer resigns
Revenue $495.8M, up 48% YoY; net loss $87.8M ($0.42/sh).
Sunrun Q4 revenue $435M (+36% YoY), net loss $38.5M; FY21 capacity growth 31%
Q4 revenue $435.2M (+36% YoY); full-year revenue $1.61B (+75% YoY).
Sunrun closes $425M recourse lending facility, replacing $250M facility with enhanced terms
New $425M facility refinances $250M existing facility; ~$211M outstanding repaid.
Sunrun COO Chris Dawson departs; receives $220k severance, $324k bonus, equity acceleration
COO Christopher Dawson stepped down Dec 31, 2021; will serve as non-employee advisor through Apr 30, 2022.
Sunrun appoints Manjula Talreja to board of directors
Manjula Talreja, Chief Customer Officer of PagerDuty, joins Sunrun board effective Jan 1, 2022.
Sunrun COO Christopher Dawson to step down effective December 31, 2021
Christopher Dawson notified Sunrun on December 2, 2021 of his intention to step down as Chief Operating Officer.
Sunrun Q3 revenue up 109% to $438.8M; Net Subscriber Value jumps to $7,605
Customer additions of 30,698; total customers 630,441, up 20% YoY pro-forma for Vivint Solar.
Sunrun expands credit facility by $1B to $1.8B, reduces interest rate margins
Wholly owned subsidiary amended syndicated senior secured credit facility on Oct 8, 2021.
Co-founder Lynn Jurich steps down as CEO effective Aug 31, 2021, transitions to Executive Co-Chair; base salary reduced to $200,000.
Sunrun CEO transition: Jurich to Exec Chair, Mary Powell CEO; guides FY growth 30%, Q2 revenue $401M
CEO Lynn Jurich to Executive Co-Chair; Mary Powell (ex-Green Mountain Power CEO) becomes CEO effective Aug 31, 2021.
On April 1, 2025, Manjula Talreja resigned from the board of directors (the “ Board ”) of Sunrun Inc. (the “ Company ”) and her role as a member of the Audit Committee and Nominating, Governance, and Sustainability (“ NGS ”) Committee, effective as of April 4, 2025 (the “ Effective Date ”).
On February 6, 2025, the Board of Directors of Sunrun Inc. (the “Company”) approved the appointment of Ms. Maria Barak as the Company’s Chief Accounting Officer, effective immediately.
Mr. Danny Abajian served as the Principal Accounting Officer through the date of Ms. Barak’s appointment and will continue to serve as the Company’s Principal Financial Officer.
On October 28, 2024, the board of directors (the “Board”) of Sunrun Inc. (the “Company”), upon the recommendation of the Nominating, Governance and Sustainability Committee of the Board, increased the size of the Board from nine to ten directors, and appointed John Trinta as a Class I director, effective October 28, 2024.
On April 12, 2024, the board of directors (the “Board”) of Sunrun Inc. (the “Company”) appointed Paul Dickson, the Company’s current Chief Revenue Officer, to the additional role of President of the Company, effective immediately.
On August 4, 2023, the Company’s Board of Directors appointed Danny Abajian to also serve as the Company’s Principal Accounting Officer effective as of August 7, 2023.
On August 3, 2023, Michelle Philpot, Principal Accounting Officer of Sunrun Inc. (the “Company”), notified the Company of her intention to resign from the Company effective August 7, 2023 to pursue another employment opportunity.
Co-Executive Chair Edward Fenster will transition from his position as a full-time employee of the Company to part-time employment status with continued involvement in the operations and strategy of the Company, but will cease to be an “executive officer”
On April 28, 2022, Tom vonReichbauer, Chief Financial Officer of Sunrun Inc. (the “Company”), notified the Company of his intention to resign from the Company effective May 30, 2022.
On April 28, 2022, the Company’s Board of Directors appointed Danny Abajian as the Company’s Chief Financial Officer and Principal Financial Officer effective as of May 30, 2022.
On December 31, 2021, Sunrun Inc. (the “Company”) and Christopher Dawson entered into a Separation and General Release Agreement (the “Separation Agreement”) in connection with Mr. Dawson stepping down from the role of Chief Operating Officer on December 31, 2021
Manjula Talreja was appointed to the Board of Directors (the “Board”) of the Company effective January 1, 2022.
Max materiality 0.85 · Median 0.72 · Most common event earnings