Shares of Sunrun (NASDAQ: RUN), a leading residential solar and energy services provider, are soaring 15.49% in intraday trading following the release of its stellar first-quarter 2025 financial results. The company's performance significantly exceeded analyst expectations, demonstrating robust growth and a notable swing to profitability.

Sunrun reported quarterly earnings of $0.20 per share, marking a dramatic turnaround from the $0.40 loss per share in the same quarter last year and surpassing the analyst consensus estimate of a $0.37 loss. Revenue for Q1 reached $504.3 million, beating the estimated $486.09 million and representing a 10% increase year-over-year. The company's impressive performance was further highlighted by a net income of $50 million and positive cash generation of $56 million, marking its fourth consecutive quarter of positive cash flow.

Growth metrics were equally impressive, with Sunrun adding 23,692 new subscribers in Q1, a 7% increase from the previous year. The company's storage attachment rate hit a record 69%, up from 50% in Q1 2024, indicating strong demand for its integrated solar and battery solutions. Looking ahead, Sunrun provided an optimistic outlook for Q2 and reaffirmed its full-year 2025 cash generation guidance of $200 million to $500 million, signaling confidence in sustained growth and profitability. The market's enthusiastic response to these results underscores investor optimism about Sunrun's future prospects in the expanding residential solar market.