OakChart

Sunrun Inc

RUNTechnology·Solar·USA·Mid·NASD·Nov 11 • 12:16 PM ET

8.97+0.26 (3.02%)
2026-11-11 18:16 CET
Market cap
2,107.48 USD m
Revenue, TTM
3,850.55 USD m
Net income, TTM
541.11 USD m
Free cash flow, TTM
-1,422.18 USD m
EPS diluted, TTM
1.98
P/E
4.53
Compare

Price

RUN against its 20, 50 and 200-day averages
2050200beat
7.5010.0012.5015.0026.7M53.5MMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26RUNclose 8.9720-day 8.1350-day 8.16200-day 12.048.9752w low

59.1% under the 52-week high of 21.95 on 28 Jan 2026. 52-week low 6.78 on 20 Oct 2026. Last 15 sessions, 49.7% high to low

Profile

RUN
52-week range, 14% of the way up
6.7821.95

Sunrun, Inc. engages in the design, development, installation, sale, ownership, and maintenance of residential solar energy systems. It sells solar service offerings and installs solar energy systems for homeowners. Customers can access its products through three channels: direct-to-consumer, solar partnerships, and strategic partnerships. The company was founded by Edward Harris Fenster, Robert Nat Kreamer, and Lynn Michelle Jurich in January 2007 and is headquartered in San Francisco, CA.

IndexRUT
Employees9059
IPOAug 05, 2015
Beta2.29
ATR, 14d0.66
Rel volume0.99
Short float30.41%
Insider own3.48%
Inst own110.80%

Snapshot

6 groups

Valuation

IndexRUT
Market Cap2.17B
Enterprise Value18.11B
Income541.11M
Sales3.85B
Book/sh15.31
Cash/sh4.63
Dividend Est.-
Dividend TTM-
Dividend Ex-Date-
Dividend Gr. 3/5Y- -
Payout0.00%
Employees9059
IPOAug 05, 2015

Ratios

P/E4.53
Forward P/E26.30
PEG-
P/S0.56
P/B0.59
P/C1.94
P/FCF-
EV/EBITDA16.84
EV/Sales4.70
Quick Ratio1.05
Current Ratio1.52
Debt/Eq4.15
LT Debt/Eq4.05
Option/ShortYes / Yes

Earnings

EPS (ttm)1.98
EPS next Y0.34
EPS next Q0.19
EPS this Y-1.73%
EPS next Y-79.70%
EPS next 5Y-
EPS past 3/5Y29.30% -
Sales past 3/5Y8.40% 26.24%
EPS Y/Y TTM120.78%
Sales Y/Y TTM66.21%
EPS Q/Q773.40%
Sales Q/Q51.75%
EarningsNov 04 AMC
EPS/Sales Surpr.246.53% 45.14%

Ownership

Insider Own3.48%
Insider Trans-3.47%
Inst Own110.80%
Inst Trans-0.98%
ROA2.34%
ROE16.21%
ROIC2.90%
Gross Margin34.82%
Oper. Margin6.11%
Profit Margin14.05%
SMA2010.38%
SMA509.95%
SMA200-25.46%
Trades-

Technical

Shs Outstand241.23M
Shs Float233.54M
Short Float30.41%
Short Ratio7.77
Short Interest71.03M
52W High21.95 -59.12%
52W Low6.78 32.34%
Volatility11.75% 7.63%
ATR (14)0.66
RSI (14)56.77
Beta2.29
Rel Volume0.99
Avg Volume9.15M
Volume4,133,073

Performance

Perf Week2.08%
Perf Month15.18%
Perf Quarter-9.00%
Perf Half Y-37.95%
Perf YTD-51.23%
Perf Year-54.57%
Perf 3Y-4.95%
Perf 5Y-84.56%
Perf 10Y75.59%
Recom1.87
Target Price13.61
Prev Close8.71
Price8.97
Change %3.02%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Aug 06, 2026ReiteratedTTD CowenBuy$21 → $16+78.3%
May 07, 2026ReiteratedTTD CowenBuy$23 → $21+134.0%
Jan 13, 2026InitiatedRRaymond JamesMkt Perform
Nov 10, 2025UpgradeGGuggenheimNeutral → Buy$27+200.9%
Nov 07, 2025ReiteratedTTD CowenBuy$22 → $23+156.3%
Oct 21, 2025UpgradeCCitigroupNeutral → Buy$26+189.8%
Oct 15, 2025UpgradeBBMO Capital MarketsUnderperform → Market Perform$19+111.7%
Oct 01, 2025UpgradeJJefferiesHold → Buy$21+134.0%
Aug 18, 2025UpgradeRRBC Capital MktsSector Perform → Outperform$16+78.3%
Aug 07, 2025ReiteratedTTD CowenBuy$13 → $14+56.0%

Peers

Mkt cap
TickerCompanyMkt cap
ENPHEnphase Energy Inc3.74B
SEDGSolaredge Technologies Inc1.67B
SPWRSunPower Inc72.45M
SPRUSpruce Power Holding Corp29.07M
ZEOZeo Energy Corp14.06M
SUNESUNation Energy Inc13.41M
SMXTSolarMax Technology Inc20.73M
FSLRFirst Solar Inc19.26B
GNRCGenerac Holdings Inc11.40B
TSLATesla Inc1551.97B

Insider trading

latest 14 of 100
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Barak MariaChief Accounting OfficerNov 04 '26Sale9.353,25630,44485,006Nov 04 04:54 PM
Barak MariaOfficerNov 04 '26Proposed Sale9.353,25630,444Nov 04 04:10 PM
Dickson Paul S.Pres. & Chief Revenue OfficerOct 06 '26Sale7.7615,837122,971823,702Oct 07 04:26 PM
Powell MaryChief Executive OfficerOct 06 '26Sale7.7624,335188,9391,087,200Oct 07 04:25 PM
STEELE JEANNAChief Legal & People OfficerOct 06 '26Sale7.7610,04277,967451,673Oct 07 04:23 PM
Barak MariaChief Accounting OfficerOct 06 '26Sale7.771,77113,75388,262Oct 07 04:22 PM
Abajian DannyChief Financial OfficerOct 06 '26Sale7.7616,734129,931386,532Oct 07 04:20 PM
STEELE JEANNAOfficerOct 06 '26Proposed Sale7.7610,04277,967Oct 06 04:05 PM
Powell MaryOfficerOct 06 '26Proposed Sale7.7624,335188,940Oct 06 04:05 PM
Dickson Paul S.OfficerOct 06 '26Proposed Sale7.7615,837122,971Oct 06 04:04 PM
Barak MariaOfficerOct 06 '26Proposed Sale7.771,77113,753Oct 06 04:03 PM
Abajian DannyOfficerOct 06 '26Proposed Sale7.7616,734129,930Oct 06 04:03 PM
Jurich Lynn MichelleDirectorAug 03 '26Sale9.9650,000498,115367,405Aug 04 10:33 AM
Jurich Lynn MichelleDirectorAug 03 '26Proposed Sale9.9650,000498,114Aug 03 04:08 PM

Held by

AUM
TickerCompanyAUM
IJRiShares Core S&P Small-Cap ETFAUM: 106.27B
IWMiShares Russell 2000 Index FundAUM: 77.38B
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
TANInvesco Solar ETFAUM: 1.10B
VBVanguard Morningstar Small-Cap ETFAUM: 79.59B
AVUVAvantis U.S. Small Cap Value ETFAUM: 32.39B
VBRVanguard Morningstar Small-Cap Value ETFAUM: 37.76B
IWNiShares Russell 2000 Value ETFAUM: 14.10B
SPSMState Street SPDR Portfolio S&P 600TM Small Cap ETFAUM: 16.06B
IJTiShares S&P Small-Cap 600 Growth ETFAUM: 7.45B

News

latest 14 of 206
  • First Solar Inc. stock outperforms competitors despite losses on the day (MarketWatch) -10.57%
  • Sunrun CEO Mary Powell Named to the 2026 TIME100 Climate List of Most Influential Leaders In Climate (GlobeNewswire)
  • Solar Stocks Pop And Plunge; Analysts Think They Know Why (Investor's Business Daily) +12.29%
  • Where Trump and the Dems Can Meet in the Middle (Barrons.com)
  • Sunrun's GAAP Beat Masks A Third Guidance Cut As Unit Margins Recover And Direct Sales Return To Growth (Earnings Whispers)
  • Loading…
  • Sunrun: Q3 Earnings Snapshot (Associated Press)
  • Sunrun Reports Third Quarter 2026 Financial Results (GlobeNewswire)
  • VST, CEG Stocks Drop As Election Outcome Hits Merchant Power Generators (Stocktwits)
  • Solar and Wind Stocks Jump. Clean Energy Bulls See Hope. (Barrons.com)
  • First Solar Jumps 9% After Democratic Sweep, but Trumps Tariffs Already Favor It (Benzinga Prediction Markets)
  • Which sectors will benefit most and face pressure after Democratic sweep? (Investing.com)
  • Top clean energy stocks to watch as Democratic sweep improves outlook (Investing.com)
  • Global renewable energy stocks rally after Democratic sweep in U.S. midterms (Investing.com)

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-11-040.5600.1620.5601,099757.5315
2026Q22026-08-050.4200.2260.422869.99746.8720
2026Q12026-05-060.620-0.0710.617722.23657.8619
2025Q42026-02-260.3800.0280.3841,159607.0123
2025Q32025-11-060.0600.0810.064724.56597.0119
2025Q22025-08-061.070-0.0901.074569.34559.3819
2025Q12025-05-070.200-0.3370.196504.27485.2121
2024Q42025-02-27-12.510-0.294-12.511518.49538.3321
2024Q32024-11-07-0.370-0.086-0.375537.17565.5618
2024Q22024-08-060.550-0.3290.545523.87516.7520
2024Q12024-05-08-0.400-0.374-0.399458.19471.3820
2023Q42024-02-21-1.600-0.211-1.603516.59533.2725
2023Q32023-11-01-4.920-0.099-4.921563.18581.9223
2023Q22023-08-020.250-0.2420.253590.19627.7323
2023Q12023-05-03-1.120-0.123-1.120589.85519.5324
2022Q42023-02-220.2900.0060.286609.15582.0220

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2019FY0.2100.2350.213858.58835.27
2020FY-1.240-0.093-1.242922.19904.44
2021FY-0.390-0.329-0.3871,6101,592
2022FY0.8000.4980.7912,3212,302
2023FY-7.410-5.906-7.4062,2602,267
2024FY-12.810-0.439-12.8082,0382,049
2025FY1.7101.3781.7102,9572,405
2026FY-1.680--3,335
2027FY-0.341--3,372
2028FY-0.236--3,742
2029FY-0.893--3,573
2030FY-0.815--3,927

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-11-101545782.775001,001
2026Q4S2026-11-081536766.125001,001
2026Q4S2026-11-051537766.125001,001
2026Q4S2026-11-041504790.325001,346
2026Q4S2026-10-251504790.325001,346
2026Q4S2026-10-201514790.325001,346
2026Q4S2026-10-191516790.325001,346
2026Q4S2026-10-161416811.065631,346
2026Q4S2026-10-081416811.065631,346
2026Q4S2026-10-051315818.575631,346
2026Q4S2026-10-021314822.845631,346
2026Q4S2026-10-011524833.25631,346
2026Q4S2026-08-251524833.25631,346
2026Q4S2026-08-161523838.865631,346

Estimate history

EPS, annual1.160.2280.213-1.242-0.3870.791-7.406-12.8081.711.9814
Period201720182019202020212022202320242025TTM
EPS, quarterly-0.375-12.5110.1961.0740.0640.3840.6170.4220.558
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual532.542759.981858.578922.1911609.9542321.4222259.8132037.7192956.9973850.55
Period201720182019202020212022202320242025TTM
Sales, quarterly537.173518.492504.271569.336724.5571158.833722.231869.9881099.498
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual107.35113.149118.451201.406208.176214.184219.392225.662233.612241.228
Period201720182019202020212022202320242025MRQ
Shares, quarterly224.087225.662227.325230.321231.605233.612235.512240.126241.228
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue3,850.552,957.002,037.722,259.812,321.421,609.95922.19858.58759.98
Cost of Goods Sold Incl. D&A2,509.752,164.501,793.162,104.212,036.371,379.14763.11662.38547.73
Gross Profit1,340.80792.50244.55155.60285.05230.81159.09196.19212.25
Selling, General and Administrative Excl. Other1,105.58918.63817.59976.25947.24876.15552.82414.20337.54
Research and Development39.3436.1239.3021.8220.9123.1619.5523.5618.84
Other Operating Expense0.000.000.000.000.000.000.000.00-3.40
Operating Income235.22-126.13-573.04-820.64-662.19-645.34-393.74-218.01-121.88
Interest Expense1,071.511,014.24883.60689.74448.23306.18217.63174.25126.57
Unusual Expense-219.7149.833,000.501,158.66-189.71-0.5461.96-2.2710.26
Net Income Before Taxes-595.28-1,176.32-4,382.03-2,695.53-847.35-971.26-687.52-399.24-250.86
Income Taxes-1.64-167.22-26.82-12.692.299.27-60.57-8.229.32
Consolidated Net Income-592.15-1,006.80-4,355.22-2,682.84-849.64-980.53-626.95-391.02-260.19
Net Income From Continuing Operations541.11452.25-2,846.17-1,604.50173.38-79.42-173.3926.3426.66
Net Income541.11452.25-2,846.17-1,604.50173.38-79.42-173.3926.3426.66
EPS (Recurring)1.411.84-3.36-3.660.19-0.39-0.930.200.29
EPS (Basic, Before Extraordinaries)2.281.97-12.81-7.410.82-0.39-1.240.230.24
EPS (Diluted)1.981.71-12.81-7.410.79-0.39-1.240.210.23
EBITDA1,075.57694.67139.66-272.49-202.85-248.94-136.40-19.0542.73
Non-Operating Income (Expense)21.3013.8775.11-26.4873.35-20.28-14.19-9.257.85
Other After Tax Adjustments1.492.300.000.000.000.000.000.000.00
Stock Option Compensation Expense75.0885.2889.1388.31110.63154.03124.5319.2022.01
Price To Earnings Ratio4.404.40--82.60--69.3647.04
Price To Sales Ratio0.551.651.011.882.274.3710.501.991.68
Gross Margin34.8226.8012.006.8912.2814.3417.2522.8527.93
Operating Margin6.11-4.27-28.12-36.31-28.53-40.08-42.70-25.39-16.04
Net Margin14.0515.29-139.67-71.007.47-4.93-18.803.073.51
Shares Outstanding241.23233.61225.66219.39214.18208.18201.41118.45113.15
Market Capitalization2,107.482,107.482,075.144,276.965,118.767,100.2713,704.631,630.381,218.07

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue1,099.50869.99722.231,158.83724.56569.34504.27518.49
Cost of Goods Sold Incl. D&A660.10570.66529.23749.76509.49474.92430.33443.69
Gross Profit439.40299.32193.00409.07215.0794.4273.9474.80
Selling, General and Administrative Excl. Other288.32266.84238.71311.71213.81208.76191.63208.89
Research and Development10.1410.2310.148.829.278.069.988.79
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income151.0832.49-45.7197.361.25-114.35-117.69-134.09
Interest Expense278.50266.81266.42259.78270.10251.95232.41239.97
Unusual Expense-152.45-24.46-18.17-24.6314.4314.5345.503,010.29
Net Income Before Taxes41.81-212.15-290.27-134.67-280.02-373.91-387.72-3,399.82
Income Taxes-45.17-3.977.0740.43-2.17-94.93-110.550.14
Consolidated Net Income86.93-207.64-296.83-174.60-277.33-278.37-276.54-3,399.95
Net Income From Continuing Operations153.20115.68168.14104.0817.10280.3950.65-2,813.66
Net Income153.20115.68168.14104.0817.10280.3950.65-2,813.66
EPS (Recurring)0.170.360.570.320.101.110.32-3.14
EPS (Basic, Before Extraordinaries)0.640.480.720.450.071.220.22-12.51
EPS (Diluted)0.560.420.620.380.061.070.20-12.51
EBITDA368.88245.99162.19298.51202.85100.7677.1058.78
Non-Operating Income (Expense)16.78-2.293.693.123.266.927.88-15.46
Other After Tax Adjustments-0.040.530.500.500.510.620.630.00
Stock Option Compensation Expense15.2416.6820.7822.3823.3819.8019.7322.81
Price To Earnings Ratio4.406.267.89-----
Price To Sales Ratio0.551.051.161.692.001.000.731.02
Gross Margin39.9634.4126.7235.3029.6816.5814.6614.43
Operating Margin13.743.73-6.338.400.17-20.08-23.34-25.86
Net Margin13.9313.3023.288.982.3649.2510.04-542.66
Shares Outstanding241.23240.13235.51233.61231.60230.32227.32225.66
Market Capitalization2,107.483,191.793,179.714,269.573,989.371,869.021,325.592,075.14

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments1,236.84947.27987.69952.88850.28708.06363.08304.25241.79
Short Term Receivables262.63170.71172.00214.25146.0495.1484.1969.1371.44
Inventories501.29402.08459.75783.90506.82283.05260.5779.4794.43
Other Current Assets155.22202.58262.82146.6144.5851.4825.988.569.20
Total Current Assets2,155.971,722.641,882.262,097.641,547.721,137.73733.83461.41416.86
Net Property, Plant & Equipment16,956.3915,230.1613,269.6511,160.569,609.298,346.494,584.003,854.913,197.97
Total Investments and Advances243.40222.60209.94309.1790.6565.500.150.150.00
Long-Term Note Receivable921.77674.89463.61321.06210.32148.87104.3581.7051.71
Intangible Assets-0.003,122.174,287.704,293.064,298.43114.6497.63101.84
Deferred Tax Assets1,567.011,315.151,114.41959.58792.59687.74438.17341.53235.71
Other Assets2,333.062,047.591,502.621,092.67732.22385.92269.38253.98194.75
Total Assets24,177.6121,213.0321,564.6420,228.3817,275.8415,070.686,244.525,091.324,198.85
Short Term Debt Incl. Current Port. of LT Debt319.32286.49615.80217.10233.03244.4366.2379.0043.54
Accounts Payable271.02354.21230.72339.17288.11207.44223.36131.28115.19
Income Tax Payable--------2.87
Other Current Liabilities712.17693.77641.63599.18490.98449.48240.50161.92152.41
Total Current Liabilities1,302.521,334.481,488.161,155.451,012.12901.36530.09372.19311.14
Long Term Debt14,512.1412,810.0510,559.908,648.426,736.015,023.092,596.572,074.891,412.05
Provision for Risks Charges0.000.000.000.000.000.000.000.000.00
Deferred Tax Liabilities1,730.191,453.091,237.281,092.62894.34769.64504.14435.17318.83
Other Liabilities1,648.791,451.201,365.291,152.871,060.781,087.23975.71799.99792.50
Total Liabilities19,193.6317,048.8214,650.6312,049.379,703.257,781.314,606.523,682.242,834.53
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity3,132.482,554.215,230.236,708.126,254.746,077.91964.73948.71881.58
Total Shareholders Equity3,132.482,554.215,230.236,708.126,254.746,077.91964.73948.71881.58
Accumulated Minority Interest1,851.491,610.001,683.791,470.891,317.851,211.46673.27460.38482.74
Total Equity4,983.974,164.216,914.018,179.027,572.597,289.371,638.001,409.081,364.32
Total Liabilities & Stockholders Equity24,177.6121,213.0321,564.6420,228.3817,275.8415,070.686,244.525,091.324,198.85
Book Value Per Share13.4111.3223.8431.3230.0530.188.148.388.21
Tangible Book Value Per Share13.4111.329.6111.309.428.847.187.527.26
Full-Time Employees9,05911,05810,83312,40811,3838,5004,8004,4003,260
Price to Book Ratio0.570.390.760.771.142.301.701.300.83
Return on Assets1.99-13.31-7.680.92-0.49-1.630.460.573.12
Return on Equity15.91-73.12-26.882.67-1.29-4.922.753.0316.14
Return on Invested Capital2.56-18.52-10.161.13-0.61-1.560.740.885.47
Quick Ratio1.270.990.961.141.030.950.891.031.04
Current Ratio1.661.291.261.821.531.261.381.241.34

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income-593.64-1,009.11-4,355.22-2,682.84-849.64-980.53-626.95-391.02-260.19
Depreciation763.43725.58620.88531.67451.05388.10242.94187.16156.01
Other Funds (Non Cash)233.88471.033,313.511,538.43-41.71250.72205.6037.3347.54
Funds from Operations402.0320.28-447.64-625.46-438.02-332.11-238.97-174.75-47.32
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital-179.26-441.72-318.51-195.28-410.78-485.08-79.00-29.74-15.14
Income Taxes Payable163.01198.07-------
Cash from Operating Activities222.77-421.44-766.15-820.74-848.79-817.19-317.97-204.49-62.46
Capital Expenditures-1,644.95-2,500.34-2,701.02-2,608.14-2,011.07-1,686.18-969.67-840.53-811.32
Net Assets From Acquisitions-16.88-30.70-26.20-46.27-42.57-41.95-2.69-7.320.00
Sale of Fixed Assets and Businesses1,503.732,002.181,811.971,572.401,414.791,238.731,355.30711.91345.15
Purchase or Sale of Investments-61.530.000.00-5.00-75.000.00-65.360.000.00
Purchase of Investments-61.530.000.00-5.00-75.000.00-65.360.000.00
Sale Or Maturity of Investments0.000.000.000.000.000.000.000.000.00
Other Uses0.000.000.000.000.000.000.000.000.00
Other Sources0.000.000.000.000.000.000.000.000.00
Cash from Investing Activities-219.63-528.87-915.25-1,087.02-713.84-489.41317.58-135.94-466.17
Cash Dividends Paid0.000.000.000.000.000.000.000.000.00
Change in Capital Stock17.0016.8018.8822.6132.8636.14123.6611.2012.59
Repurchase of Common Pref Stock0.000.000.000.000.000.000.00-5.000.00
Sale of Common Pref Stock17.0016.8018.8822.6132.8636.14123.6616.2012.59
Proceedsfrom Stock Options0.000.000.000.000.000.0075.000.000.00
Issuance or Reduction of Debt, Net191.421,460.141,925.562,141.041,850.001,609.14327.25483.98646.16
Change in Long Term Debt191.421,460.141,925.562,141.041,850.001,609.14327.25483.98646.16
Issuance of Long Term Debt3,673.494,593.694,844.164,872.954,534.753,253.28928.811,347.451,189.78
Reduction of Long Term Debt-3,482.07-3,133.55-2,918.60-2,731.91-2,684.75-1,644.13-601.56-863.47-543.62
Net Financing Active Other Cash Flow-245.99-237.06-303.45-221.08-217.63-196.47-105.54-82.00-67.51
Other Financing Activities Uses-1,510.06-1,849.60-1,014.35-225.11-217.63-196.47-111.22-84.25-78.40
Cash from Financing Activities-37.561,239.881,640.981,942.571,665.231,448.82345.37399.26591.24
Net Change in Cash-34.42289.57-40.4234.81102.59142.22344.9858.8362.61
Free Cash Flow-1,422.18-2,921.78-3,467.18-3,428.88-2,859.86-2,503.37-1,287.65-1,045.02-873.78
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Deferred Taxes & Investment Tax Credit--167.22-26.82-12.722.299.61-60.57-8.229.32

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments1,121.181,136.241,089.121,236.841,155.611,011.93
Short Term Receivables289.93235.42232.51262.63248.28186.53
Inventories709.66649.85490.39501.29569.99491.15
Other Current Assets183.81145.00153.92155.2296.6096.21
Total Current Assets2,304.582,166.511,965.942,155.972,070.471,785.81
Net Property, Plant & Equipment17,568.4717,397.6917,150.8016,956.3916,754.5516,232.59
Total Investments and Advances392.40197.99190.84243.40151.03182.77
Deferred Tax Assets---1,567.01--
Other Assets2,511.672,482.752,420.122,333.062,368.662,222.52
Total Assets23,970.6923,359.3722,765.0924,177.6122,225.4821,230.13
Short Term Debt Incl. Current Port. of LT Debt397.52561.27339.37319.32362.59329.77
Accounts Payable419.67321.42343.23271.02336.55279.77
Other Current Liabilities701.76640.75676.35712.17721.65659.10
Total Current Liabilities1,518.951,523.451,358.951,302.521,420.781,268.64
Long Term Debt14,940.4214,669.4214,534.8914,512.1414,354.3913,805.51
Provision for Risks Charges0.000.000.000.000.000.00
Deferred Tax Liabilities293.61198.78198.841,730.19123.5171.06
Other Liabilities1,618.171,569.121,521.741,648.791,490.881,448.17
Total Liabilities18,371.1517,960.7717,614.4319,193.6317,389.5616,593.38
Non-Equity Reserves187.99190.93194.100.00191.34190.53
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity3,692.143,490.083,340.753,132.482,983.902,926.73
Total Shareholders Equity3,692.143,490.083,340.753,132.482,983.902,926.73
Accumulated Minority Interest1,719.421,717.581,615.811,851.491,660.681,519.49
Total Equity5,411.565,207.664,956.564,983.974,644.584,446.22
Total Liabilities & Stockholders Equity23,970.6923,359.3722,765.0924,177.6122,225.4821,230.13
Book Value Per Share15.3114.5314.1913.4112.8812.71
Tangible Book Value Per Share15.3114.5314.1913.4112.8812.71
Full-Time Employees---9,0599,751-
Price to Book Ratio0.570.941.011.431.360.71
Return on Assets2.341.822.641.99-11.12-12.03
Return on Equity16.2112.6219.1315.90-59.68-61.90
Return on Invested Capital0.820.640.940.590.101.68
Quick Ratio1.051.001.091.271.061.02
Current Ratio1.521.421.451.661.461.41

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Net Income86.97-208.17-297.33-175.11-277.85-278.98
Depreciation196.66192.79189.56184.43181.55189.71
Other Funds (Non Cash)-37.8789.4187.7394.61124.96119.89
Funds from Operations200.5970.05-12.98144.3727.66-65.49
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital100.79-256.2323.60-47.42-149.18-227.17
Income Taxes Payable127.551.9628.664.85--
Cash from Operating Activities301.38-186.1810.6296.95-121.52-292.66
Capital Expenditures-377.62-433.64-424.84-408.86-743.64-692.82
Net Assets From Acquisitions0.00-16.880.00-0.00-14.48-16.22
Sale of Fixed Assets and Businesses140.10515.74305.81542.08524.82679.38
Purchase or Sale of Investments-42.28-15.54-3.720.000.000.00
Purchase of Investments-42.28-15.54-3.720.000.000.00
Sale Or Maturity of Investments0.000.000.000.000.000.00
Other Uses0.000.000.000.000.000.00
Other Sources0.000.000.000.000.000.00
Cash from Investing Activities-279.8049.69-122.74133.22-233.31-29.66
Cash Dividends Paid0.000.000.000.000.000.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock0.008.091.277.630.618.54
Repurchase of Common Pref Stock0.000.000.000.000.000.00
Sale of Common Pref Stock0.008.091.277.630.618.54
Proceedsfrom Stock Options0.000.000.000.000.000.00
Issuance or Reduction of Debt, Net32.32248.1526.39-115.44531.77424.02
Change in Long Term Debt32.32248.1526.39-115.44531.77424.02
Issuance of Long Term Debt712.521,427.94972.27560.761,862.08529.42
Reduction of Long Term Debt-680.20-1,179.79-945.87-676.20-1,330.31-105.40
Net Financing Active Other Cash Flow-68.96-72.64-63.27-41.13-33.86-77.08
Other Financing Activities Uses-394.90-379.14-415.76-320.26-425.40-394.16
Cash from Financing Activities-36.64183.61-35.60-148.94498.51355.49
Net Change in Cash-15.0547.11-147.7281.23143.6833.17
Free Cash Flow-76.23-619.82-414.21-311.91-865.16-985.48

Revenue breakdown

Customer Agreements2024: 1.39B 2025: 1.71B
Energy Systems2024: 204.78M 2025: 878.34M
Incentives2024: 116.82M 2025: 110.52M
Manufactured Product, Other2024: 327.72M 2025: 259.65M
United States2024: 2.04B 2025: 2.96B

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-3030.41%71.0M233.5M8.21M
2026-10-1530.83%71.7M232.5M8.38M
2026-09-3030.43%70.7M232.4M8.71M
2026-09-1530.60%71.1M232.4M9.75M
2026-08-3129.48%68.5M232.4M9.94M
2026-08-1427.97%65.0M232.4M10.14M
2026-07-3127.84%64.7M232.4M9.93M
2026-07-1528.65%65.9M230.1M9.92M
2026-06-3028.29%65.1M230.0M9.50M
2026-06-1525.04%57.5M229.7M8.42M
2026-05-2925.97%59.7M230.0M9.20M
2026-05-1525.81%59.4M229.9M10.01M
2026-04-3024.42%56.1M229.9M9.87M
2026-04-1523.66%53.4M225.8M9.98M
2026-03-3124.18%54.7M226.1M9.75M
2026-03-1324.33%55.0M226.1M9.28M
2026-02-2724.09%54.5M226.1M7.97M
2026-02-1326.31%58.9M223.7M7.33M
2026-01-3025.36%56.8M223.8M7.67M
2026-01-1525.02%56.0M223.7M7.16M

Option chain

expiry 2026-11-13
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call3.005.906.106.0010.14954.009.000.994-0.0190.000
call4.004.905.104.877.73561.003.000.982-0.0440.000
call4.504.404.604.516.47318.002.000.979-0.0430.000
call5.003.904.103.735.63145.000.000.976-0.0420.000
call5.503.403.603.354.86515.001.000.972-0.0410.000
call6.002.953.102.954.35728.002.000.967-0.0400.000
call6.502.452.582.473.48613.003.000.960-0.0380.001
call7.001.932.092.022.94669.001.000.952-0.0360.001
call7.501.451.611.432.47146.000.000.939-0.0340.001
call8.000.911.120.931.90534510.000.889-0.0430.001
call8.500.520.670.551.48014131.000.759-0.0590.002
call9.000.240.270.261.0511,1252,5030.504-0.0670.003
call9.500.080.090.091.0071,1086850.238-0.0520.002
call10.000.020.030.021.0671,5262550.093-0.0300.001
call10.500.010.020.011.2921,4691780.057-0.0240.001
call11.000.000.060.011.58697810.000.048-0.0260.001
call11.500.000.010.011.6207291.000.025-0.0160.000
call12.000.000.010.011.8447570.000.023-0.0170.000
call12.500.000.010.021.9211040.000.020-0.0130.000
call13.000.000.040.012.09375.000.000.018-0.0130.000
call13.500.000.040.042.25739.000.000.017-0.0130.000
call14.000.000.040.062.4129.000.000.016-0.0130.000
call14.500.000.030.002.5600.000.000.015-0.0140.000
call15.000.000.040.182.7024.000.000.015-0.0140.000
call15.500.000.040.002.8380.000.000.014-0.0140.000
put3.000.000.010.015.40713.000.00-0.006-0.0130.000
put4.000.000.040.016.60038.000.00-0.033-0.0780.000
put4.500.000.040.015.73811.000.00-0.038-0.0760.001
put5.000.000.040.014.96548.000.00-0.044-0.0740.001
put5.500.000.040.014.2623.000.00-0.051-0.0720.001
put6.000.000.040.013.6142240.00-0.060-0.0690.001
put6.500.000.030.152.6522730.00-0.039-0.0370.001
put7.000.000.030.192.0668940.00-0.049-0.0340.001
put7.500.000.030.041.6383551.00-0.061-0.0330.001
put8.000.000.050.011.3371804.00-0.111-0.0420.001
put8.500.060.090.081.023301152-0.241-0.0580.002
put9.000.220.260.260.94555318.00-0.496-0.0660.003
put9.500.530.610.901.0187284.00-0.762-0.0510.002
put10.000.931.091.051.3751818.00-0.907-0.0290.001
put10.501.411.570.891.74912.000.00-0.943-0.0230.001
put11.001.852.322.424.52487.000.00-0.952-0.0250.001
put11.502.382.572.572.5632.001.00-0.975-0.0150.000
put12.002.893.353.995.27312.001.00-0.978-0.0150.000
put12.503.453.853.815.4152.002.00-0.980-0.0160.000
put13.003.904.354.235.5162.005.00-0.981-0.0160.000
put13.504.404.855.178.6250.001.00-0.982-0.0170.000
put14.004.855.355.599.3481.002.00-0.983-0.0170.000
put14.505.305.855.7012.9153.000.00-0.984-0.0170.000
put15.005.806.356.2013.2173.000.00-0.985-0.0170.000
put15.506.406.850.0013.5030.000.00-0.986-0.0180.000

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-04144Filing for proposed sale of securities under Rule 144.SEC
2026-11-0410-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-11-048-KCurrent report2026-11-04SEC
2026-11-044Statement of changes in beneficial ownership of securities2026-11-04SEC
2026-10-074Statement of changes in beneficial ownership of securities2026-10-06SEC
2026-10-074Statement of changes in beneficial ownership of securities2026-10-06SEC
2026-10-074Statement of changes in beneficial ownership of securities2026-10-06SEC
2026-10-074Statement of changes in beneficial ownership of securities2026-10-06SEC
2026-10-074Statement of changes in beneficial ownership of securities2026-10-06SEC
2026-10-06144Filing for proposed sale of securities under Rule 144.SEC
2026-10-06144Filing for proposed sale of securities under Rule 144.SEC
2026-10-06144Filing for proposed sale of securities under Rule 144.SEC
2026-10-06144Filing for proposed sale of securities under Rule 144.SEC
2026-10-06144Filing for proposed sale of securities under Rule 144.SEC
2026-09-11DNotice of sales of securities on Form D (Regulation D)SEC
2026-08-14SCHEDULE 13GSEC
2026-08-0510-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-08-058-KCurrent report2026-08-05SEC
2026-08-044Statement of changes in beneficial ownership of securities2026-08-03SEC
2026-08-03144Filing for proposed sale of securities under Rule 144.SEC
2026-07-30SCHEDULE 13G/ASEC
2026-07-27ABS-15GAsset-Backed Securitizer Report2026-07-24SEC
2026-07-27ABS-15GAsset-Backed Securitizer Report2026-07-24SEC
2026-07-09144Filing for proposed sale of securities under Rule 144.SEC
2026-07-094Statement of changes in beneficial ownership of securities2026-07-09SEC
2026-07-074Statement of changes in beneficial ownership of securities2026-07-06SEC
2026-07-074Statement of changes in beneficial ownership of securities2026-07-06SEC
2026-07-074Statement of changes in beneficial ownership of securities2026-07-06SEC
2026-07-074Statement of changes in beneficial ownership of securities2026-07-06SEC
2026-07-074Statement of changes in beneficial ownership of securities2026-07-06SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110030.44K1
2026-1000533.56K5
2026-090000
2026-0800498.12K1
2026-07001.61M7
2026-0600913.35K3
2026-0500644.51K1
2026-04007.90M7
2026-03149.03K1920.52K10
2026-02004.20M2
2026-01001.49M7
2025-12004.22M8
2025-11001.14M2

Institutional holders

Manager% owned
BlackRock, Inc.17.34%
GOLDMAN SACHS GROUP INC8.04%
VANGUARD PORTFOLIO MANAGEMENT LLC5.73%
Greenvale Capital LLP5.58%
STATE STREET CORP4.39%
VANGUARD CAPITAL MANAGEMENT LLC4.33%
D. E. Shaw & Co., Inc.4.29%
Invesco Ltd.4.26%
PGGM Investments4.00%
Grantham, Mayo, Van Otterloo & Co. LLC3.36%

Funds

Fund% owned
iShares Core S&P Small-Cap ETF6.03%
iShares Convertible Bond ETF4.26%
VANGUARD TOTAL STOCK MARKET INDEX FUND3.01%
State Street(R) SPDR(R) Bloomberg Convertible Securities ETF2.77%
iShares Russell 2000 ETF2.55%
VANGUARD SMALL-CAP INDEX FUND2.18%
Western Asset Core Plus Bond Fund2.08%
Invesco Solar ETF1.93%
VANGUARD SMALL-CAP VALUE INDEX FUND1.38%
Fidelity Convertible Securities Fund1.25%

OakChart. RUN. Cached 15 minutes.