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Side-by-side financial comparison of Captivision Inc. (CAPT) and Sunrun Inc. (RUN). Click either name above to swap in a different company.

Sunrun Inc. is the larger business by last-quarter revenue ($1.2B vs $15.3M, roughly 75.7× Captivision Inc.). Sunrun Inc. runs the higher net margin — 8.9% vs -60.7%, a 69.6% gap on every dollar of revenue.

Sunrun Inc. is an American provider of photovoltaic systems and battery energy storage products, primarily for residential customers. The company was established in 2007 and is headquartered in San Francisco, California.

CAPT vs RUN — Head-to-Head

Bigger by revenue
RUN
RUN
75.7× larger
RUN
$1.2B
$15.3M
CAPT
Higher net margin
RUN
RUN
69.6% more per $
RUN
8.9%
-60.7%
CAPT

Income Statement — Q2 2024 vs Q4 2025

Metric
CAPT
CAPT
RUN
RUN
Revenue
$15.3M
$1.2B
Net Profit
$-9.3M
$103.6M
Gross Margin
Operating Margin
-49.3%
8.4%
Net Margin
-60.7%
8.9%
Revenue YoY
123.5%
Net Profit YoY
103.7%
EPS (diluted)
$0.38

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CAPT
CAPT
RUN
RUN
Q4 25
$1.2B
Q3 25
$724.6M
Q2 25
$569.3M
Q1 25
$504.3M
Q4 24
$518.5M
Q3 24
$537.2M
Q2 24
$15.3M
$523.9M
Q1 24
$458.2M
Net Profit
CAPT
CAPT
RUN
RUN
Q4 25
$103.6M
Q3 25
$16.6M
Q2 25
$279.8M
Q1 25
$50.0M
Q4 24
$-2.8B
Q3 24
$-83.8M
Q2 24
$-9.3M
$139.1M
Q1 24
$-87.8M
Operating Margin
CAPT
CAPT
RUN
RUN
Q4 25
8.4%
Q3 25
0.5%
Q2 25
-19.7%
Q1 25
-22.8%
Q4 24
-628.0%
Q3 24
-23.8%
Q2 24
-49.3%
-24.4%
Q1 24
-40.0%
Net Margin
CAPT
CAPT
RUN
RUN
Q4 25
8.9%
Q3 25
2.3%
Q2 25
49.1%
Q1 25
9.9%
Q4 24
-542.7%
Q3 24
-15.6%
Q2 24
-60.7%
26.5%
Q1 24
-19.2%
EPS (diluted)
CAPT
CAPT
RUN
RUN
Q4 25
$0.38
Q3 25
$0.06
Q2 25
$1.07
Q1 25
$0.20
Q4 24
$-12.59
Q3 24
$-0.37
Q2 24
$0.55
Q1 24
$-0.40

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CAPT
CAPT
RUN
RUN
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$14.7B
Stockholders' EquityBook value
$3.1B
Total Assets
$22.6B
Debt / EquityLower = less leverage
4.69×

8-quarter trend — quarters aligned by calendar period.

Total Debt
CAPT
CAPT
RUN
RUN
Q4 25
$14.7B
Q3 25
$14.6B
Q2 25
$14.0B
Q1 25
$13.6B
Q4 24
$12.9B
Q3 24
$12.5B
Q2 24
$12.0B
Q1 24
$11.1B
Stockholders' Equity
CAPT
CAPT
RUN
RUN
Q4 25
$3.1B
Q3 25
$3.0B
Q2 25
$2.9B
Q1 25
$2.6B
Q4 24
$2.6B
Q3 24
$5.3B
Q2 24
$5.4B
Q1 24
$5.2B
Total Assets
CAPT
CAPT
RUN
RUN
Q4 25
$22.6B
Q3 25
$22.2B
Q2 25
$21.2B
Q1 25
$20.4B
Q4 24
$19.9B
Q3 24
$22.1B
Q2 24
$21.4B
Q1 24
$20.8B
Debt / Equity
CAPT
CAPT
RUN
RUN
Q4 25
4.69×
Q3 25
4.90×
Q2 25
4.80×
Q1 25
5.19×
Q4 24
5.05×
Q3 24
2.36×
Q2 24
2.23×
Q1 24
2.15×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CAPT
CAPT
RUN
RUN
Operating Cash FlowLast quarter
$96.9M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.94×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CAPT
CAPT
RUN
RUN
Q4 25
$96.9M
Q3 25
$-121.5M
Q2 25
$-292.7M
Q1 25
$-104.2M
Q4 24
$-258.4M
Q3 24
$-156.2M
Q2 24
$-208.5M
Q1 24
$-143.1M
Free Cash Flow
CAPT
CAPT
RUN
RUN
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$-156.4M
Q2 24
Q1 24
FCF Margin
CAPT
CAPT
RUN
RUN
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
-29.1%
Q2 24
Q1 24
Capex Intensity
CAPT
CAPT
RUN
RUN
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
0.0%
Q2 24
Q1 24
Cash Conversion
CAPT
CAPT
RUN
RUN
Q4 25
0.94×
Q3 25
-7.33×
Q2 25
-1.05×
Q1 25
-2.08×
Q4 24
Q3 24
Q2 24
-1.50×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CAPT
CAPT

Segment breakdown not available.

RUN
RUN

Products$692.3M60%
Customer Agreements$435.2M38%
Manufactured Product Other$56.7M5%
Incentives$31.3M3%

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