Sunrun (NASDAQ:RUN) shares surged 7.17% in after-hours trading on Wednesday following the release of its impressive first-quarter 2025 financial results. The solar energy company significantly outperformed analyst expectations, demonstrating robust growth and profitability.

The company reported quarterly earnings of $0.22 per share, a substantial beat compared to the analyst consensus estimate of a $0.25 loss per share. This represents a remarkable 180% surprise and a 150% improvement from the $0.40 loss per share reported in the same period last year. Sunrun's revenue for Q1 reached $504.3 million, surpassing the analyst consensus estimate of $484.1 million by 4.17% and marking a 10.06% increase from the $458.19 million reported in the previous year.

Sunrun's strong performance extends beyond its top and bottom lines. The company reported a net income of $50 million for the quarter, showcasing its ability to generate profit in a competitive renewable energy market. Looking ahead, Sunrun provided a positive outlook for Q2, expecting the Aggregate Subscriber Value to be in the range of $1.3 billion to $1.375 billion. For the full year 2025, the company projects Aggregate Subscriber Value to be between $5.7 billion and $6.0 billion, indicating confidence in sustained growth.