Sunrun Inc
For the period ended Sep 30, 2024. Filed Nov 7, 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.
Sep 30, 2024 · Filed Nov 7, 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 September 30, 2024 and 2023
| RedeemableNoncontrollingInterests · Common Stock · AdditionalPaid-InCapital · AccumulatedOtherComprehensiveIncome (Loss) · RetainedEarnings · TotalStockholders’Equity · NoncontrollingInterests · TotalEquity | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount | |||||||||
| 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 |
| Exercise of stock options | — | 106 | — | 976 | — | — | 976 | — | 976 |
| Issuance of restricted stock units, net of tax withholdings | — | 683 | — | — | — | — | — | — | — |
| Stock-based compensation | — | — | — | 26,249 | — | — | 26,249 | — | 26,249 |
| Contributions from noncontrolling interests | — | — | — | — | — | — | — | 494,569 | 494,569 |
| Distributions to noncontrolling interests and redeemable noncontrolling interests | (17,330) | — | — | — | — | — | — | (47,460) | (47,460) |
| Net income (loss) | 15,282 | — | — | — | — | (83,766) | (83,766) | (343,704) | (427,470) |
| Acquisition of noncontrolling interest | — | — | — | 26,224 | — | — | 26,224 | (27,724) | (1,500) |
| Other comprehensive loss, net of taxes | — | — | — | — | (57,395) | — | (57,395) | — | (57,395) |
| Balance at September 30, 2024 | $633,817 | 224,087 | $22 | $6,707,031 | $37,189 | $(1,466,209) | $5,278,033 | $1,122,543 | $6,400,576 |
| RedeemableNoncontrollingInterests · Common Stock · AdditionalPaid-InCapital · AccumulatedOtherComprehensiveIncome · RetainedEarnings · TotalStockholders’Equity · NoncontrollingInterests · TotalEquity | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount | |||||||||
| 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 |
| Exercise of stock options | — | 55 | — | 283 | — | — | 283 | — | 283 |
| Issuance of restricted stock units, net of tax withholdings | — | 615 | — | — | — | — | — | — | — |
| Stock-based compensation | — | — | — | 27,654 | — | — | 27,654 | — | 27,654 |
| Contributions from noncontrolling interests and redeemable noncontrolling interests | 149,998 | — | — | — | — | — | — | 205,004 | 205,004 |
| Distributions to noncontrolling interests and redeemable noncontrolling interests | (17,132) | — | — | — | — | — | — | (35,653) | (35,653) |
| Net loss | (51,220) | — | — | — | — | (1,069,459) | (1,069,459) | (350,259) | (1,419,718) |
| Acquisition of noncontrolling interest | (7,770) | — | — | 677 | — | — | 677 | (27,361) | (26,684) |
| Other comprehensive income, net of taxes | — | — | — | — | 54,499 | — | 54,499 | — | 54,499 |
| Balance at September 30, 2023 | $683,449 | 217,714 | $22 | $6,575,428 | $119,233 | $(1,083,575) | $5,611,108 | $779,821 | $6,390,929 |
Consolidated Statements of Redeemable Noncontrolling Interests and Equity
Nine Months Ended September 30, 2024 and 2023
| RedeemableNoncontrollingInterests · Common Stock · AdditionalPaid-InCapital · AccumulatedOtherComprehensiveIncome (Loss) · 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 | — | 521 | — | 3,579 | — | — | 3,579 | — | 3,579 |
| Issuance of restricted stock units, net of tax withholdings | — | 3,324 | — | — | — | — | — | — | — |
| Shares issued in connection with the Employee Stock Purchase Plan | — | 850 | — | 8,374 | — | — | 8,374 | — | 8,374 |
| Stock-based compensation | — | — | — | 97,576 | — | — | 97,576 | — | 97,576 |
| Contributions from noncontrolling interests and redeemable noncontrolling interests | 16,435 | — | — | — | — | — | — | 1,274,051 | 1,274,051 |
| Distributions to noncontrolling interests and redeemable noncontrolling interests | (51,146) | — | — | — | — | — | — | (195,937) | (195,937) |
| Net income (loss) | 1,565 | — | — | — | — | (32,510) | (32,510) | (924,321) | (956,831) |
| Capped call transaction | — | — | — | (38,365) | — | — | (38,365) | — | (38,365) |
| Acquisition of noncontrolling interests | (9,214) | — | — | 26,638 | — | — | 26,638 | (38,858) | (12,220) |
| Other comprehensive loss, net of income taxes | — | — | — | — | (17,487) | — | (17,487) | — | (17,487) |
| Balance at September 30, 2024 | $633,817 | 224,087 | $22 | $6,707,031 | $37,189 | $(1,466,209) | $5,278,033 | $1,122,543 | $6,400,576 |
| RedeemableNoncontrollingInterests · Common Stock · AdditionalPaid-InCapital · AccumulatedOtherComprehensiveIncome · 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 | — | 580 | — | 3,601 | — | — | 3,601 | — | 3,601 |
| Issuance of restricted stock units, net of tax withholdings | — | 2,203 | 1 | — | — | — | 1 | — | 1 |
| Shares issued in connection with the Employee Stock Purchase Plan | — | 747 | — | 10,549 | — | — | 10,549 | — | 10,549 |
| Stock-based compensation | — | — | — | 85,938 | — | — | 85,938 | — | 85,938 |
| Contributions from noncontrolling interests and redeemable noncontrolling interests | 169,993 | — | — | — | — | — | — | 942,548 | 942,548 |
| Distributions to noncontrolling interests and redeemable noncontrolling interests | (51,512) | — | — | — | — | — | — | (122,670) | (122,670) |
| Net loss | (24,723) | — | — | — | — | (1,254,373) | (1,254,373) | (868,339) | (2,122,712) |
| Acquisition of noncontrolling interest | (20,011) | — | — | 5,146 | — | — | 5,146 | (32,911) | (27,765) |
| Other comprehensive income, net of income taxes | — | — | — | — | 52,124 | — | 52,124 | — | 52,124 |
| Balance at September 30, 2023 | $683,449 | 217,714 | $22 | $6,575,428 | $119,233 | $(1,083,575) | $5,611,108 | $779,821 | $6,390,929 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.