Sunrun delivered strong third-quarter results, achieving a 10% year-over-year growth in aggregate subscriber value, driven by a strategic focus on energy independence and customer-centric offerings.
- $1.6 billion in aggregate subscriber value, at the top end of guidance, with a 35% increase in contracted net value creation.
- Generated $108 million in cash, marking the sixth consecutive quarter of positive cash generation and exceeding previous guidance.
- Over 1.1 million customers served, with significant traction in innovative product offerings like Flex, boosting recurring cash flow.
- Established a formidable power generation capacity with 3.7 gigawatt hours of dispatchable energy from home batteries and 8.2 gigawatts of solar capacity.
- Anticipating rapid growth in cash flow as the company scales energy storage and solar offerings to meet increasing nationwide energy demands.
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