Revenue rose to $1.1 billion from $724.6 million a year earlier, topping the $757.5 million forecast by analysts polled by FactSet. Net income increased to $153.2 million, or 56 cents a share, from $16.6 million, or 6 cents a share. Analysts had expected net income of $39.6 million, or 16 cents a share.

Sunrun added 22,957 subscribers in the quarter, down 24% from the same period last year. It had 1.06 million subscribers as of Sept. 30. Subscriber value reached $55,342, up 6% year over year, while contracted subscriber value rose 8% to $52,525 compared with the third quarter of 2025.

For 2026, the company expects aggregate subscriber value of $4.6 billion. Its previous guidance was a range of $4.6 billion to $4.9 billion.