Compared to Estimates, Sunrun (RUN) Q1 Earnings: A Look at Key Metrics

For the quarter ended March 2026, Sunrun (RUN) reported revenue of $722.23 million, up 43.2% over the same period last year. EPS came in at $0.62, compared to $0.20 in the year-ago quarter.The reported revenue represents a surprise of +6.96% over the Zacks Consensus Estimate of $675.26 million. With the consensus EPS estimate being -$0.05, the EPS surprise was +1444.9%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how Sunrun performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:Solar Capacity Installed for Subscribers: 148.70 MW compared to the 132.29 MW average estimate based on three analysts.Solar Capacity Installed: 154.20 MW versus 150.50 MW estimated by three analysts on average.Subscriber Value: $61,240.00 versus the three-analyst average estimate of $50,255.33.Contracted Subscriber Value: $55,464.00 versus the three-analyst average estimate of $47,802.00.Storage Capacity Installed: 282.30 Mwh versus 265.70 Mwh estimated by three analysts on average.Subscriber additions: 17,665 compared to the 17,374 average estimate based on three analysts.Revenue- Customer agreements and incentives: $467.82 million versus $472.14 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +16.1% change.Revenue- Solar energy systems and product sales: $254.41 million versus $199.71 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +151% change.Revenue- Customer agreements: $447.1 million compared to the $434.74 million average estimate based on three analysts. The reported number represents a change of +17.2% year over year.Revenue- Incentives: $20.72 million compared to the $41.87 million average estimate based on three analysts. The reported number represents a change of -3.9% year over year.Revenue- Solar energy systems: $212.22 million versus the two-analyst average estimate of $56.67 million. The reported number represents a year-over-year change of +429.6%.Revenue- Products: $42.19 million versus $58.95 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -31.2% change.View all Key Company Metrics for Sunrun here>>>Shares of Sunrun have returned +1.8% over the past month versus the Zacks S&P 500 composite's +10.3% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term.7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.9% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>This article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks