Equity Profile

RUN

Sunrun Inc.

IndustrialsElectrical Components & Equipment$2.4B

Aug5Wed

Pre-Earnings Brief

UpcomingQ2-2026After Close5:00 PM EDT

Company Snapshot

Sunrun Inc. (RUN) is a leading residential solar energy company that designs, installs, and maintains solar systems for homes across the United States....

Key Metrics to Watch

EPS

Earnings per share (EPS) is a key indicator of profitability and will show how well Sunrun is managing costs and generating income.

N/A

Revenue Growth

Revenue growth indicates how well the company is expanding its business and capturing market share in the solar industry.

N/A

Wall Street expectations, options signals, track record, and call prep available with Pro.

RUN Q2-2026 Earnings Preview

Context

Company Snapshot

Sunrun Inc. (RUN) is a leading residential solar energy company that designs, installs, and maintains solar systems for homes across the United States. As the demand for renewable energy grows, Sunrun plays a crucial role in the transition to cleaner energy sources, making it an important player in the industrial sector focused on electrical components and equipment.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

88%

Avg EPS Surprise

+574.34%

Avg Stock Reaction

-1.07%

Last Quarter Recap

In Q1 2026, Sunrun reported an impressive EPS of $0.62, significantly beating expectations by 1447.83%. However, the stock experienced a decline of 4.68% the following day, indicating mixed investor sentiment despite the strong earnings.

Management Promises & Guidance

Expectations

Wall Street Expectations

Overall, investors are cautiously optimistic about Sunrun's upcoming earnings report, especially given its recent strong performance. However, the lack of analyst estimates and management guidance adds uncertainty to expectations.

Bull Case

If Sunrun continues its trend of beating EPS estimates, it could signal strong operational efficiency and growth potential, leading to positive investor sentiment.

Bear Case

Conversely, if the company fails to meet expectations or shows signs of slowing growth, it could lead to a significant drop in stock price, especially given the high implied volatility.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the projected revenue growth for the upcoming quarter?

Revenue growth will be critical in assessing whether Sunrun can maintain its momentum in a competitive market.

How is Sunrun managing costs in the current economic environment?

Understanding cost management will be essential to gauge profitability and operational efficiency moving forward.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating Sunrun's ability to capitalize on increasing consumer demand for solar energy, which could lead to stronger-than-expected revenue growth.

Supporting Evidence

Sunrun has consistently beaten EPS estimates, indicating strong operational performance.

The options market is pricing in a larger move than historical averages suggest, hinting at potential upside.

Recent trends in renewable energy adoption suggest a favorable market environment for Sunrun.

Key Risk

If revenue growth exceeds 20%, it could challenge the current cautious sentiment and lead to a reassessment of the stock's value.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The core debate this quarter revolves around Sunrun's ability to sustain growth in a rapidly evolving energy market.

Bull Confirmed If

A revenue growth rate of over 20% year-over-year would confirm the bullish outlook.

Bear Confirmed If

If revenue growth falls below 10%, it would signal potential issues in market demand or operational challenges.

Pre-Earnings Positioning

Options Market

Implied Move

±19.13%

Historical Avg

±3.4%

Pricing rich

The options market is pricing in a significant potential movement in the stock price, indicating that investors are anticipating volatility around the earnings report.

Options are pricing ±19.1% while RUN has averaged ±3.4% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.9%

30d HV

64.9%

Calls (2.5M)P/C Ratio: 0.34Puts (177K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Sunrun beats expectations, history suggests the stock could rise by an average of 3.35%, confirming strong operational performance.

In-Line / Cautious

A cautious in-line report may lead to muted reactions, as investors weigh the implications of management's commentary on future growth.

Miss

If the company misses expectations, the stock could drop by an average of 2.52%, reflecting investor disappointment.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on customer acquisition rates and market expansion efforts.
2Insights into cost management strategies in the current economic climate.
3Details on new partnerships or projects that could drive future growth.
4Management's outlook on the solar market and competitive landscape.
5Any changes in regulatory impacts on the solar industry.

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Company Snapshot

Sunrun Inc. (RUN) is a leading residential solar energy company that designs, installs, and maintains solar systems for homes across the United States....

Key Metrics to Watch

EPS

Earnings per share (EPS) is a key indicator of profitability and will show how well Sunrun is managing costs and generating income.

N/A

Revenue Growth

Revenue growth indicates how well the company is expanding its business and capturing market share in the solar industry.

N/A

Wall Street expectations, options signals, track record, and call prep available with Pro.

RUN Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

88%

Avg EPS Surprise

+574.34%

Avg Stock Reaction

-1.07%

Last Quarter Recap

Management Promises & Guidance

Expectations

Wall Street Expectations

Bull Case

If Sunrun continues its trend of beating EPS estimates, it could signal strong operational efficiency and growth potential, leading to positive investor sentiment.

Bear Case

Conversely, if the company fails to meet expectations or shows signs of slowing growth, it could lead to a significant drop in stock price, especially given the high implied volatility.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the projected revenue growth for the upcoming quarter?

Revenue growth will be critical in assessing whether Sunrun can maintain its momentum in a competitive market.

How is Sunrun managing costs in the current economic environment?

Understanding cost management will be essential to gauge profitability and operational efficiency moving forward.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating Sunrun's ability to capitalize on increasing consumer demand for solar energy, which could lead to stronger-than-expected revenue growth.

Supporting Evidence

Sunrun has consistently beaten EPS estimates, indicating strong operational performance.

The options market is pricing in a larger move than historical averages suggest, hinting at potential upside.

Recent trends in renewable energy adoption suggest a favorable market environment for Sunrun.

Key Risk

If revenue growth exceeds 20%, it could challenge the current cautious sentiment and lead to a reassessment of the stock's value.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The core debate this quarter revolves around Sunrun's ability to sustain growth in a rapidly evolving energy market.

Bull Confirmed If

A revenue growth rate of over 20% year-over-year would confirm the bullish outlook.

Bear Confirmed If

If revenue growth falls below 10%, it would signal potential issues in market demand or operational challenges.

Pre-Earnings Positioning

Options Market

Implied Move

±19.13%

Historical Avg

±3.4%

Pricing rich

The options market is pricing in a significant potential movement in the stock price, indicating that investors are anticipating volatility around the earnings report.

Options are pricing ±19.1% while RUN has averaged ±3.4% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.9%

30d HV

64.9%

Calls (2.5M)P/C Ratio: 0.34Puts (177K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Sunrun beats expectations, history suggests the stock could rise by an average of 3.35%, confirming strong operational performance.

In-Line / Cautious

A cautious in-line report may lead to muted reactions, as investors weigh the implications of management's commentary on future growth.

Miss

If the company misses expectations, the stock could drop by an average of 2.52%, reflecting investor disappointment.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on customer acquisition rates and market expansion efforts.
2Insights into cost management strategies in the current economic climate.
3Details on new partnerships or projects that could drive future growth.
4Management's outlook on the solar market and competitive landscape.
5Any changes in regulatory impacts on the solar industry.