Sunrun Inc. (RUN) company profile
Close on Nov 12, 2026Market cap $2.05BP/E 4.3Yield –
About Sunrun
Construction - Special Trade Contractors, SIC 1700
Sunrun Inc. designs, develops, installs, sells, owns, and maintains residential energy systems across the United States. Its primary offerings consist of clean residential solar electricity and battery storage services, typically provided through long-term leases and power purchase agreements known as Customer Agreements, as well as outright system sales. The company serves residential homeowners directly and also offers services to commercial developers via multi-family and new home initiatives. Customers access products through direct-to-consumer operations, energy system partnerships, and strategic arrangements.
The company operates across the United States and Puerto Rico, maintaining the nation's largest fleet of residential energy systems with 8,404 megawatts of networked solar energy capacity as of December 31, 2025. Sunrun manages its activities through an in-house organization alongside an independent partner network of system integrators, sales partners, and installation contractors. The company employs approximately 9,059 full-time workers and is headquartered in San Francisco, California.
Summary of the business section of Sunrun's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Sunrun Inc.
- Founded
- 2007
- Headquarters
- San Francisco, CA
- Address
- 600 California Street, Suite 1800 94108
- Phone
- (415) 580-6900
- Website
- sunrun.com
- Employees
- 9,059, Dec 31, 2025
- Industry
- Construction - Special Trade Contractors
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- Ernst& Young LLP, San Francisco, California
Stock & identifiers
- Ticker
- RUN
- Exchange
- Nasdaq
- IPO date
- Aug 5, 2015
- Shares outstanding
- 241M, Jul 31, 2026
- Public float
- $1.80B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1469367
- CUSIP
- 86771W105
- ISIN
- US86771W1053
- FIGI
- BBG0025XVR85
- Share class FIGI
- BBG0025XVR94
- LEI
- 54930007SJ77CI66U531
- EIN
- 26-2841711
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Mary Powell | Chief Executive Officer, Director | 1,087,200 |
| Maria Barak | Chief Accounting Officer | 85,006 |
| Paul S. Dickson | Pres. & Chief Revenue Officer | 823,702 |
| Jeanna Steele | Chief Legal & People Officer | 451,673 |
| Danny Abajian | Chief Financial Officer | 760,637 |
| Lynn Michelle Jurich | Director | 1,967,405 |
| Edward Harris Fenster | Director | 1,567,779 |
| Sonita Lontoh | Director | 43,697 |
| Alan Ferber | Director | 87,134 |
| Craig Cornelius | Director | 11,070 |
| Katherine August-deWilde | Director | 128,912 |
| Leslie A. Dach | Director | 113,066 |
| John Trinta | Director | 29,017 |
| Manjula Talreja | Director | 39,278 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $4.74M | – | $4.74M | $27 | $48 |
| FY2025 Ms Powell | $8.34M | $25.50M | $4.74M | $27 | $48 |
| FY2024 | $5.47M | – | $5.47M | $13 | $32 |
| FY2024 Ms Powell | $9.46M | $2.04M | $5.47M | $13 | $32 |
| FY2023 | $5.08M | – | $5.08M | $28 | $52 |
| FY2023 Ms Powell | $13.75M | $8.00M | $5.08M | $28 | $52 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Stock awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|
| Mary Powell Chief Executive Officer | $850.00K | $5.77M | $1.70M | $15.34K | $8.33M | -12% |
| Paul Dickson President and Chief Revenue Officer | $600.00K | $4.46M | $799.20K | $12.84K | $5.87M | -14% |
| Danny Abajian Chief Financial Officer | $504.00K | $3.93M | $570.63K | $12.84K | $5.02M | -14% |
| Jeanna Steele Chief Legal Officer & Chief People Officer | $475.00K | $2.36M | $474.53K | $13.15K | $3.32M | -13% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
IPO
From the final prospectus (Form 424B4) and the first day of trading
Offering
- Type
- Initial public offering
- Final prospectus filed
- Aug 5, 2015
- Offer price
- $14.00
- Securities offered
- 17,900,000
- Gross proceeds
- $250.60M
- Exchange
- Nasdaq
- First trading day
- Aug 5, 2015
- First-day close
- $10.77-23.1%
- Lock-up ends (est.)
- Feb 1, 2016
“The initial public offering price of the common stock is $14.00.”
Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had approximately 9,059 full-time employees, inclusive of our active direct-to-home salesforce.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Oct 8, 2020 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Aug 14, 2020 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Aug 5, 2015 | IPO | Initial public offering priced (424B4 prospectus) |
| Jul 22, 2015 | Listing | Registration of securities on an exchange (Form 8-A) |
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