Sunrun Inc
For the period ended Jun 30, 2024. Filed Aug 6, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 6, 2024
RUN$8.71-10.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Redeemable Noncontrolling Interests and Equity
Three Months Ended June 30, 2024 and 2023
| RedeemableNoncontrollingInterests · Common Stock · AdditionalPaid-InCapital · AccumulatedOtherComprehensiveIncome · RetainedEarnings · TotalStockholders’Equity · NoncontrollingInterests · TotalEquity | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount | |||||||||
| Balance at March 31, 2024 | $656,845 | 220,672 | $22 | $6,614,414 | $87,532 | $(1,521,517) | $5,180,451 | $921,087 | $6,101,538 |
| Exercise of stock options | — | 238 | — | 1,547 | — | — | 1,547 | — | 1,547 |
| Issuance of restricted stock units, net of tax withholdings | — | 1,538 | — | — | — | — | — | — | — |
| Shares issued in connection with the Employee Stock Purchase Plan | — | 850 | — | 8,374 | — | — | 8,374 | — | 8,374 |
| Stock-based compensation | — | — | — | 28,833 | — | — | 28,833 | — | 28,833 |
| Contributions from noncontrolling interests and redeemable noncontrolling interests | — | — | — | — | — | — | — | 631,580 | 631,580 |
| Distributions to noncontrolling interests and redeemable noncontrolling interests | (17,163) | — | — | — | — | — | — | (91,431) | (91,431) |
| Net income (loss) | 4,238 | — | — | — | — | 139,074 | 139,074 | (403,240) | (264,166) |
| Acquisition of noncontrolling interest | (8,055) | — | — | 414 | — | — | 414 | (11,134) | (10,720) |
| Other comprehensive income, net of taxes | — | — | — | — | 7,052 | — | 7,052 | — | 7,052 |
| Balance at June 30, 2024 | $635,865 | 223,298 | $22 | $6,653,582 | $94,584 | $(1,382,443) | $5,365,745 | $1,046,862 | $6,412,607 |
| RedeemableNoncontrollingInterests · Common Stock · AdditionalPaid-InCapital · AccumulatedOtherComprehensiveIncome · RetainedEarnings · TotalStockholders’Equity · NoncontrollingInterests · TotalEquity | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount | |||||||||
| Balance at March 31, 2023 | $604,707 | 215,166 | $21 | $6,505,806 | $31,521 | $(69,590) | $6,467,758 | $1,095,289 | $7,563,047 |
| Exercise of stock options | — | 326 | — | 1,990 | — | — | 1,990 | — | 1,990 |
| Issuance of restricted stock units, net of tax withholdings | — | 805 | 1 | — | — | — | 1 | — | 1 |
| Shares issued in connection with the Employee Stock Purchase Plan | — | 747 | — | 10,549 | — | — | 10,549 | — | 10,549 |
| Stock-based compensation | — | — | — | 28,479 | — | — | 28,479 | — | 28,479 |
| Contributions from noncontrolling interests and redeemable noncontrolling interests | 19,995 | — | — | — | — | — | — | 339,794 | 339,794 |
| Distributions to noncontrolling interests and redeemable noncontrolling interests | (17,378) | — | — | — | — | — | — | (41,546) | (41,546) |
| Net income (loss) | 9,249 | — | — | — | — | 55,474 | 55,474 | (405,447) | (349,973) |
| Acquisition of noncontrolling interest | (7,000) | — | — | (10) | — | — | (10) | — | (10) |
| Other comprehensive income, net of taxes | — | — | — | — | 33,213 | — | 33,213 | — | 33,213 |
| Balance at June 30, 2023 | $609,573 | 217,044 | $22 | $6,546,814 | $64,734 | $(14,116) | $6,597,454 | $988,090 | $7,585,544 |
Consolidated Statements of Redeemable Noncontrolling Interests and Equity
Six Months Ended June 30, 2024 and 2023
| RedeemableNoncontrollingInterests · Common Stock · AdditionalPaid-InCapital · AccumulatedOtherComprehensiveIncome · RetainedEarnings · TotalStockholders’Equity · NoncontrollingInterests · TotalEquity | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount | |||||||||
| Balance at December 31, 2023 | $676,177 | 219,392 | $22 | $6,609,229 | $54,676 | $(1,433,699) | $5,230,228 | $1,007,608 | $6,237,836 |
| Exercise of stock options | — | 415 | — | 2,603 | — | — | 2,603 | — | 2,603 |
| Issuance of restricted stock units, net of tax withholdings | — | 2,641 | — | — | — | — | — | — | — |
| Shares issued in connection with the Employee Stock Purchase Plan | — | 850 | — | 8,374 | — | — | 8,374 | — | 8,374 |
| Stock-based compensation | — | — | — | 71,327 | — | — | 71,327 | — | 71,327 |
| Contributions from noncontrolling interests and redeemable noncontrolling interests | 16,435 | — | — | — | — | — | — | 779,482 | 779,482 |
| Distributions to noncontrolling interests and redeemable noncontrolling interests | (33,816) | — | — | — | — | — | — | (148,477) | (148,477) |
| Net (loss) income | (13,717) | — | — | — | — | 51,256 | 51,256 | (580,617) | (529,361) |
| Capped call transaction | — | — | — | (38,365) | — | — | (38,365) | — | (38,365) |
| Acquisition of noncontrolling interests | (9,214) | — | — | 414 | — | — | 414 | (11,134) | (10,720) |
| Other comprehensive income, net of income taxes | — | — | — | — | 39,908 | — | 39,908 | — | 39,908 |
| Balance at June 30, 2024 | $635,865 | 223,298 | $22 | $6,653,582 | $94,584 | $(1,382,443) | $5,365,745 | $1,046,862 | $6,412,607 |
| RedeemableNoncontrollingInterests · Common Stock · AdditionalPaid-InCapital · AccumulatedOtherComprehensiveIncome (loss) · RetainedEarnings · TotalStockholders’Equity · NoncontrollingInterests · TotalEquity | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount | |||||||||
| Balance at December 31, 2022 | $609,702 | 214,184 | $21 | $6,470,194 | $67,109 | $170,798 | $6,708,122 | $861,193 | $7,569,315 |
| Exercise of stock options | — | 525 | — | 3,318 | — | — | 3,318 | — | 3,318 |
| Issuance of restricted stock units, net of tax withholdings | — | 1,588 | 1 | — | — | — | 1 | — | 1 |
| Shares issued in connection with the Employee Stock Purchase Plan | — | 747 | — | 10,549 | — | — | 10,549 | — | 10,549 |
| Stock-based compensation | — | — | — | 58,284 | — | — | 58,284 | — | 58,284 |
| Contributions from noncontrolling interests and redeemable noncontrolling interests | 19,995 | — | — | — | — | — | — | 737,544 | 737,544 |
| Distributions to noncontrolling interests and redeemable noncontrolling interests | (34,380) | — | — | — | — | — | — | (87,017) | (87,017) |
| Net income (loss) | 26,497 | — | — | — | — | (184,914) | (184,914) | (518,080) | (702,994) |
| Acquisition of noncontrolling interest | (12,241) | — | — | 4,469 | — | — | 4,469 | (5,550) | (1,081) |
| Other comprehensive loss, net of income taxes | — | — | — | — | (2,375) | — | (2,375) | — | (2,375) |
| Balance at June 30, 2023 | $609,573 | 217,044 | $22 | $6,546,814 | $64,734 | $(14,116) | $6,597,454 | $988,090 | $7,585,544 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.