Sunrun Experiences Storage Boom: Sunrun Significantly Increases Subscribers and Revenue – Stock Rises

San Francisco (USA) – Sunrun, America’s leading provider of home storage solutions and solar energy, has released its financial results for Q4 and the full year 2025. The stock price is rising.

In Q4 2025, Sunrun reported revenue of $1.16 billion (+124% vs. Q4 2024), a net income of $103.6 million (Q4 2024: -$2.8 billion), and diluted earnings per share of $0.38 (Q4 2024: -$12.51). The aggregate subscriber value in Q4 was $1.3 billion (-18% vs. Q4 2024). By year-end, the number of subscribers increased to 997,280 (+12% compared to December 31, 2024).

The storage attachment rate – the share of newly installed solar systems that also include home storage – reached a record 71% in Q4 (Q4 2024: 62%). The high storage attachment rate indicates that more and more customers are opting for solar-plus-storage systems.

For the full year 2025, Sunrun reported revenue of $2.96 billion (+45% vs. 2024) and net income of $449.9 million (2024: -$2.85 billion). Diluted earnings per share were $1.71 (previous year: -$12.81).

Sunrun operates the largest distributed home power network in the USA. Nearly 18 GWh of energy were fed into the grid from this distributed network in 2025, which Sunrun says is enough to power 15 million households for one hour. Partnerships with NRG Energy and PG&E aim to specifically relieve the grids in Texas and California.

The Sunrun stock, listed in the renewable energy index RENIXX-World, rose 3.4% yesterday to €17.08 (closing price, Feb. 26, 2026, Stuttgart Stock Exchange).

Source: IWR Online, 27 Feb 2026