Shares of Sunrun (NASDAQ:RUN), a leading provider of residential solar, battery storage, and energy services, surged 7.17% in after-hours trading on Wednesday following the release of its impressive first-quarter 2025 financial results. The company significantly outperformed analysts' expectations, demonstrating robust growth and improved profitability.

Sunrun reported quarterly earnings of $0.22 per share, dramatically beating the analyst consensus estimate of a $0.25 loss. This represents a remarkable 180% surprise and a 150% improvement from the $0.40 loss per share in the same period last year. Revenue for the quarter came in at $504.3 million, surpassing the estimated $484.1 million and marking a 10.06% increase year-over-year.

The company's strong performance was further underscored by its net income of $50 million for the quarter. Looking ahead, Sunrun provided an optimistic outlook, projecting Q2 aggregate subscriber value to be in the range of $1.3 billion to $1.375 billion. For the full year 2025, the company expects aggregate subscriber value to reach between $5.7 billion and $6.0 billion, signaling continued growth and market expansion. These positive results and forward-looking guidance have likely fueled investor enthusiasm, contributing to the significant after-hours stock price increase.