Sunrun profit margin RUN
Gross, operating and net profit as a share of revenue over the last twelve months, from 2014.
- Net margin, 12 months
- 11.6%
- Operating margin, 12 months
- 2.7%
- Peer median
- 5.0%
Over the twelve months to Jun 30, 2026, Sunrun kept 11.6% of its revenue as net profit, with an operating margin of 2.7% and a gross margin of 35.3%.
Five years earlier its net margin was −15.6%.
The median for 10 engineering and Construction stocks of a similar size is 5.0%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 15.2% | −4.3% | 30.3% |
| FY2024 | n/a | n/a | 16.1% |
| FY2023 | −71.0% | −87.6% | 7.2% |
| FY2022 | 7.5% | −28.5% | 12.9% |
| FY2021 | −4.9% | −41.4% | 15.2% |
| FY2020 | −18.8% | −50.4% | 19.4% |
| FY2019 | 3.1% | −25.1% | 24.8% |
| FY2018 | 3.5% | −16.0% | 29.6% |
| FY2017 | 23.6% | −34.0% | 17.3% |
| FY2016 | 20.2% | −47.3% | 12.0% |
| FY2015 | −9.3% | −72.0% | 7.9% |
| FY2014 | −35.7% | −66.8% | 12.5% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 11.6% | n/a | 2.7% | |
| Q1 FY26 | 17.9% | n/a | −1.7% | |
| Q4 FY25 | 15.2% | n/a | −4.3% | |
| Q3 FY25 | n/a | n/a | n/a | |
| Q2 FY25 | n/a | n/a | n/a | |
| Q1 FY25 | n/a | n/a | n/a | |
| Q4 FY24 | n/a | n/a | n/a | |
| Q3 FY24 | −18.8% | +31.8 pts | −31.3% | |
| Q2 FY24 | −66.4% | −70.0 pts | −90.0% | |
| Q1 FY24 | −68.2% | −69.1 pts | −90.9% | |
| Q4 FY23 | −71.0% | −78.5 pts | −87.6% | |
| Q3 FY23 | −50.6% | −54.0 pts | −83.8% |
Against its peers
Companies in Engineering & Construction nearest Sunrun's size, closest first, today.
| Company | Profit margin |
|---|---|
| RUNSunrun | 11.6% |
| PLPCPreformed Line Products | 5.8% |
| WLDNWilldan | 8.8% |
| PRIMPrimoris Services | 1.9% |
| MYRGMYR | 4.1% |
| VSECVSE | 5.5% |
| AGXArgan | 15.1% |
| ROADConstruction Partners | 4.1% |
| MGMistras | 3.6% |
| KBRKBR | 5.5% |
| LMBLimbach | 4.4% |
| Peer median | 5.0% |
Where Sunrun ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Sunrun
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.