This page shows SUNation Energy Inc (SUNE) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
SUNation Energy Inc has an operating margin of -2.3%, meaning the company retains $-2 of operating profit per $100 of revenue. This below-average margin results in a low score of 17/100, suggesting thin profitability after operating expenses. This is up from -21.7% the prior year.
SUNation Energy Inc's revenue surged 26.5% year-over-year to $71.9M, reflecting rapid business expansion. This strong growth earns a score of 77/100.
SUNation Energy Inc carries a low D/E ratio of 0.21, meaning only $0.21 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 98/100, indicating a strong balance sheet with room for future borrowing.
SUNation Energy Inc's current ratio of 1.07 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 16/100, which could limit financial flexibility.
SUNation Energy Inc's free cash flow margin of 1.3% results in a low score of 28/100. Capital expenditures of $49K absorb a large share of operating cash flow.
SUNation Energy Inc generates a -44.7% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is up from -185.4% the prior year.
SUNation Energy Inc passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, SUNation Energy Inc generates $-0.09 in operating cash flow ($955K OCF vs -$10.9M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
SUNation Energy Inc earns $-7.2 in operating income for every $1 of interest expense (-$1.7M vs $233K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
SUNation Energy Inc generated $71.9M in revenue in fiscal year 2025. This represents an increase of 26.5% from the prior year.
SUNation Energy Inc's EBITDA was $830K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 109.1% from the prior year.
SUNation Energy Inc reported -$10.9M in net income in fiscal year 2025. This represents an increase of 31.3% from the prior year.
SUNation Energy Inc earned $-4.38 per diluted share (EPS) in fiscal year 2025. This represents an increase of 91.3% from the prior year.
Cash & Balance Sheet
SUNation Energy Inc generated $906K in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 114.3% from the prior year.
SUNation Energy Inc held $7.2M in cash against $5.2M in long-term debt as of fiscal year 2025.
SUNation Energy Inc had 3M shares outstanding in fiscal year 2025. This represents an increase of 36361.7% from the prior year.
Margins & Returns
SUNation Energy Inc's gross margin was 38.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 2.4 percentage points from the prior year.
SUNation Energy Inc's operating margin was -2.3% in fiscal year 2025, reflecting core business profitability. This is up 19.3 percentage points from the prior year.
SUNation Energy Inc's net profit margin was -15.2% in fiscal year 2025, showing the share of revenue converted to profit. This is up 12.7 percentage points from the prior year.
SUNation Energy Inc's ROE was -44.7% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 140.7 percentage points from the prior year.
Capital Allocation
SUNation Energy Inc spent $6K on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 0.0% from the prior year.
SUNation Energy Inc invested $49K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 48.2% from the prior year.
SUNE Income Statement
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $19.0M+45.4% | $13.1M+3.4% | $12.6M-17.8% | $15.4M+4.5% | $14.7M+8.6% | $13.5M+2.5% | $13.2M-32.0% | $19.4M |
| Cost of Revenue | $11.8M+43.3% | $8.2M+0.2% | $8.2M-16.1% | $9.8M+3.2% | $9.5M+8.3% | $8.8M+4.1% | $8.4M-39.6% | $13.9M |
| Gross Profit | $7.2M+49.0% | $4.8M+9.2% | $4.4M-20.8% | $5.6M+6.8% | $5.2M+9.3% | $4.8M-0.3% | $4.8M-13.0% | $5.5M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $6.9M+7.1% | $6.4M+6.7% | $6.0M-21.9% | $7.7M+26.1% | $6.1M-6.5% | $6.6M-1.1% | $6.6M0.0% | $6.6M |
| Operating Income | -$246K+88.6% | -$2.2M+0.2% | -$2.2M+66.7% | -$6.5M-304.7% | -$1.6M+20.7% | -$2.0M+7.2% | -$2.2M+6.6% | -$2.3M |
| Interest Expense | $143K-11.5% | $162K-71.6% | $571K-26.3% | $775K-4.5% | $812K+10.3% | $736K-3.8% | $765K-52.2% | $1.6M |
| Income Tax | $17K+17.2% | $14K-2.6% | $15K-58.0% | $35K+6733.2% | $509+107.7% | -$7K-207.6% | $6K-94.9% | $121K |
| Net Income | -$393K+95.9% | -$9.6M-174.8% | -$3.5M+48.7% | -$6.8M-106.7% | -$3.3M+52.4% | -$6.9M-676.6% | $1.2M+172.3% | -$1.7M |
| EPS (Diluted) | $-0.12+96.2% | $-3.14 | $-106.71 | N/A | $-2350.12 | $-11022.91 | $-38414.84 | N/A |
SUNE Balance Sheet
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $49.6M+12.4% | $44.1M-0.7% | $44.4M-2.8% | $45.7M-10.4% | $51.0M-3.5% | $52.9M-3.3% | $54.7M-6.0% | $58.2M |
| Current Assets | $17.2M+56.8% | $11.0M+3.9% | $10.5M-5.1% | $11.1M-4.9% | $11.7M-4.5% | $12.2M-7.0% | $13.1M-16.7% | $15.8M |
| Cash & Equivalents | $5.4M+69.9% | $3.2M+120.2% | $1.4M+72.5% | $839K-21.0% | $1.1M+1.5% | $1.0M-41.5% | $1.8M-49.9% | $3.6M |
| Inventory | $3.0M+29.6% | $2.3M-7.6% | $2.5M-7.2% | $2.7M+1.5% | $2.7M-17.5% | $3.2M+10.7% | $2.9M-18.4% | $3.6M |
| Accounts Receivable | $4.9M+49.3% | $3.3M-16.0% | $3.9M-19.5% | $4.9M+15.4% | $4.2M-11.2% | $4.8M-4.3% | $5.0M-0.7% | $5.0M |
| Goodwill | $17.4M0.0% | $17.4M0.0% | $17.4M0.0% | $17.4M-15.1% | $20.5M0.0% | $20.5M0.0% | $20.5M0.0% | $20.5M |
| Total Liabilities | $27.9M+26.6% | $22.0M-25.6% | $29.6M-20.3% | $37.2M-1.9% | $37.9M-40.6% | $63.8M-3.2% | $65.8M+74.4% | $37.7M |
| Current Liabilities | $19.0M+48.7% | $12.8M-36.9% | $20.3M-25.4% | $27.2M+9.0% | $24.9M+4.6% | $23.8M+13.8% | $20.9M-6.4% | $22.4M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $21.7M-1.7% | $22.1M+49.3% | $14.8M+73.2% | $8.5M-34.9% | $13.1M+220.5% | -$10.9M+2.5% | -$11.2M-154.7% | $20.4M |
| Retained Earnings | -$56.4M-0.7% | -$56.0M-20.7% | -$46.4M-8.2% | -$42.9M-18.9% | -$36.1M-10.1% | -$32.8M-26.8% | -$25.9M+4.5% | -$27.1M |
SUNE Cash Flow Statement
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $2.4M+1933.7% | -$130K+96.2% | -$3.4M-78.3% | -$1.9M-97.2% | -$968K-24.7% | -$776K+70.7% | -$2.6M-1777.4% | $158K |
| Capital Expenditures | $9K | N/A | N/A | $3K-75.1% | $12K+1.5% | $12K+114.2% | $6K-86.4% | $41K |
| Free Cash Flow | $2.4M | N/A | N/A | -$1.9M-95.0% | -$980K-24.3% | -$788K+70.3% | -$2.7M-2375.3% | $117K |
| Investing Cash Flow | -$9K | N/A | N/A | -$3K+75.1% | -$12K-1.5% | -$12K-2387.2% | $524+101.3% | -$41K |
| Financing Cash Flow | -$148K-107.9% | $1.9M-53.1% | $4.0M+343.0% | $901K-10.8% | $1.0M+371.6% | -$372K-168.3% | $545K+273.7% | -$314K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | $0 | $0-100.0% | $3K+12.8% | $3K-60.3% | $7K |
SUNE Financial Ratios
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 38.0%+0.9pp | 37.0%+2.0pp | 35.1%-1.3pp | 36.4%+0.8pp | 35.6%+0.2pp | 35.4%-1.0pp | 36.4%+8.0pp | 28.4% |
| Operating Margin | -1.3%+15.3pp | -16.6%+0.6pp | -17.2%+25.1pp | -42.3%-31.4pp | -10.9%+4.0pp | -14.9%+1.6pp | -16.5%-4.5pp | -12.0% |
| Net Margin | -2.1%+71.5pp | -73.5%-45.9pp | -27.7%+16.7pp | -44.4%-21.9pp | -22.4%+28.8pp | -51.2%-60.3pp | 9.1%+17.7pp | -8.6% |
| Return on Equity | -1.8%+41.7pp | -43.5%-19.9pp | -23.6%+56.2pp | -79.8%-54.7pp | -25.1% | N/A | N/A | -8.1% |
| Return on Assets | -0.8%+21.0pp | -21.8%-13.9pp | -7.9%+7.0pp | -14.9%-8.5pp | -6.5%+6.7pp | -13.1%-15.3pp | 2.2%+5.1pp | -2.9% |
| Current Ratio | 0.90+0.0 | 0.86+0.3 | 0.52+0.1 | 0.41-0.1 | 0.47-0.0 | 0.51-0.1 | 0.63-0.1 | 0.71 |
| Debt-to-Equity | 1.28+0.3 | 1.00-1.0 | 2.00-2.3 | 4.35+1.5 | 2.88+8.7 | -5.85+0.0 | -5.89-7.7 | 1.85 |
| FCF Margin | 12.5% | N/A | N/A | -12.4%-5.8pp | -6.7%-0.8pp | -5.8%+14.3pp | -20.1%-20.7pp | 0.6% |
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Frequently Asked Questions
What is SUNation Energy Inc's annual revenue?
SUNation Energy Inc (SUNE) reported $71.9M in total revenue for fiscal year 2025. This represents a 26.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is SUNation Energy Inc's revenue growing?
SUNation Energy Inc (SUNE) revenue grew by 26.5% year-over-year, from $56.9M to $71.9M in fiscal year 2025.
Is SUNation Energy Inc profitable?
No, SUNation Energy Inc (SUNE) reported a net income of -$10.9M in fiscal year 2025, with a net profit margin of -15.2%.
What is SUNation Energy Inc's EBITDA?
SUNation Energy Inc (SUNE) had EBITDA of $830K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does SUNation Energy Inc have?
As of fiscal year 2025, SUNation Energy Inc (SUNE) had $7.2M in cash and equivalents against $5.2M in long-term debt.
What is SUNation Energy Inc's gross margin?
SUNation Energy Inc (SUNE) had a gross margin of 38.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is SUNation Energy Inc's operating margin?
SUNation Energy Inc (SUNE) had an operating margin of -2.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is SUNation Energy Inc's net profit margin?
SUNation Energy Inc (SUNE) had a net profit margin of -15.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is SUNation Energy Inc's return on equity (ROE)?
SUNation Energy Inc (SUNE) has a return on equity of -44.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is SUNation Energy Inc's free cash flow?
SUNation Energy Inc (SUNE) generated $906K in free cash flow during fiscal year 2025. This represents a 114.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is SUNation Energy Inc's operating cash flow?
SUNation Energy Inc (SUNE) generated $955K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are SUNation Energy Inc's total assets?
SUNation Energy Inc (SUNE) had $48.2M in total assets as of fiscal year 2025, including both current and long-term assets.
What are SUNation Energy Inc's capital expenditures?
SUNation Energy Inc (SUNE) invested $49K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is SUNation Energy Inc's current ratio?
SUNation Energy Inc (SUNE) had a current ratio of 1.07 as of fiscal year 2025, which is considered adequate.
What is SUNation Energy Inc's debt-to-equity ratio?
SUNation Energy Inc (SUNE) had a debt-to-equity ratio of 0.21 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is SUNation Energy Inc's return on assets (ROA)?
SUNation Energy Inc (SUNE) had a return on assets of -22.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is SUNation Energy Inc's Piotroski F-Score?
SUNation Energy Inc (SUNE) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are SUNation Energy Inc's earnings high quality?
SUNation Energy Inc (SUNE) has an earnings quality ratio of -0.09x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can SUNation Energy Inc cover its interest payments?
SUNation Energy Inc (SUNE) has an interest coverage ratio of -7.2x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is SUNation Energy Inc?
SUNation Energy Inc (SUNE) scores 39 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.