Sunrun Reports Fourth Quarter and Full Year 2023 Financial Results
Customers grew 17% in the fourth quarter of 2023 compared to the fourth quarter of 2022.
- Customers grew 17% in the fourth quarter of 2023 compared to the fourth quarter of 2022.
- Subscriber Value was $50,302 in the fourth quarter of 2023, an 18% increase compared to the fourth quarter of 2022.
- Total revenue was $516.6 million in the fourth quarter of 2023, down $92.6 million, or 15%, from the fourth quarter of 2022.
- During the fourth quarter of 2023, Sunrun recorded a $58.7 million non-cash charge related to its investment in Lunar Energy.