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Dec 31, 2021
Sunrun Q4 2021 Earnings Report
Sunrun's Q4 2021 financial results were announced, showcasing growth in customer additions and solar energy capacity installed.
Key Takeaways
Sunrun reported a 36% increase in total revenue for Q4 2021 compared to the previous year, driven by growth in both customer agreements and solar energy system sales. The company added 29,870 customers in the quarter, bringing the total to 660,311. Solar Energy Capacity Installed was 220 Megawatts.
Customer Additions of 29,870 in Q4, bringing total Customers to 660,311.
Solar Energy Capacity Installed was 220 Megawatts in the fourth quarter of 2021.
Total revenue was $435.2 million in the fourth quarter of 2021, up $114.8 million, or 36%, from the fourth quarter of 2020.
Net loss attributable to common stockholders was $38.5 million, or $0.19 per share, in the fourth quarter of 2021.
Sunrun
Sunrun
Sunrun Revenue by Segment
Revenue by Segment
Customer Agreements and Incentives Revenue
CapyFin.comSolar Energy Systems and Product Sales Revenue
CapyFin.com Forward Guidance
Management expects Solar Energy Capacity Installed growth to be 20% or greater for the full-year 2022. Total Value Generated is expected to grow faster than Solar Energy Capacity Installed for the full-year 2022. For the first quarter, management expects Solar Energy Capacity Installed to be in a range between 195 and 200 megawatts.
Revenue & Expenses
Visualization of income flow from segment revenue to net income