What is SUNation Energy, Inc.'s earnings per share (EPS)?

SUNation Energy, Inc. (SUNE) reported diluted earnings per share of -$4.38 for fiscal year 2025. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

SUNation Energy, Inc. (SUNE) Financials

SUNE

FY2025 annual

Revenue $71.9M +26.5% YoY

Net Income -$10.9M +31.3% YoY

EPS (Diluted) -$4.38 YoY not available

Free Cash Flow $906K +114.3% YoY

Market Cap $13.5M as of Oct 20, 2026

Price / Sales 0.2x on $61.6M revenue, trailing 12 months to June 30, 2026

Price / Earnings n/m net loss, so no earnings multiple, trailing 12 months to June 30, 2026

Price / Book 0.7x on $20.5M equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 20, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 12, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 12, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SUNE SEC filings page.

SUNation Energy, Inc. (SUNE) reported $71.9M in revenue for fiscal year 2025, up 26.5% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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).

Rhea AI SUNE FY2025 2026-10-03

FY2025 brought better gross economics and positive cash flow, but overhead and financing costs still left the business unprofitable.

Gross margin expanded from 26.8% in FY2022 to 38.3% in FY2025, indicating improved economics on the work sold. Yet FY2025 operating cash flow was only $955K against a net loss of $10.9M, so the improvement reached cash generation before it reached bottom-line profitability.

The balance sheet changed materially in FY2025: liabilities fell to $23.9M while equity rose to $24.3M. Debt-to-equity fell from 4.3x in FY2024 to 0.3x in FY2025, indicating a much less debt-heavy capital structure.

Revenue recovered to $71.9M from $56.9M, restoring scale but not yet producing net profit. Positive free cash flow of $906K, after $6.3M negative in FY2024, shows cash investment needs eased sharply while the accounting loss remained.

Financial Health Signals

Financial Health Score 58/100

Scored as: Emerging companies peer group

Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of SUNation Energy, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Cash Runway

SUNation Energy, Inc. held $7.2M in cash, cash equivalents and investments at the end of fiscal year 2025, and its operations generated $955K of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and SUNation Energy, Inc. scores 85/100 among other emerging companies.

Dilution

SUNation Energy, Inc. had 3M shares outstanding at the end of fiscal year 2025. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and SUNation Energy, Inc. scores 97/100 among other emerging companies.

R&D Intensity

Not available for SUNation Energy, Inc., and counted as zero in the overall score.

Revenue Progress

SUNation Energy, Inc. reported revenue of $71.9M in fiscal year 2025, against $56.9M in fiscal year 2024. Revenue Progress ranks emerging companies on the three-year path of that line, and SUNation Energy, Inc. scores 37/100 among other emerging companies.

Burn Trend

SUNation Energy, Inc.'s operations generated $955K of cash in fiscal year 2025, against $6.3M used in fiscal year 2024. Burn Trend ranks emerging companies on which way that figure has moved over three years, and SUNation Energy, Inc. scores 96/100 among other emerging companies.

Balance Sheet

SUNation Energy, Inc.'s cash, cash equivalents and investments came to $7.2M at the end of fiscal year 2025, against $23.9M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and SUNation Energy, Inc. scores 33/100 among other emerging companies.

Altman Z-Score Distress

0.18

SUNation Energy, Inc. scores 0.18, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($13.5M) relative to total liabilities ($23.9M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

7/8

SUNation Energy, Inc. passes 7 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Mixed

N/A

SUNation Energy, Inc. reported a net loss of $10.9M while generating $955K in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.

Interest Coverage At Risk

N/A

SUNation Energy, Inc. reported an operating loss of $1.7M against $1.0M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.

Key Financial Metrics

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Earnings & Revenue

Revenue

$8.2M

YoY-37.5%

QoQ+13.4%

SUNation Energy, Inc. generated $8.2M in revenue in Q2 2026. This represents a decrease of 37.5% from the same quarter a year earlier. Against the prior quarter it is up 13.4%.

EBITDA

-$2.6M

YoY-66.5%

QoQ+30.9%

SUNation Energy, Inc.'s EBITDA was -$2.6M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 66.5% from the same quarter a year earlier. Against the prior quarter it is up 30.9%.

Net Income

-$3.3M

YoY+65.2%

QoQ+18.4%

SUNation Energy, Inc. reported -$3.3M in net income in Q2 2026. This represents an increase of 65.2% from the same quarter a year earlier. Against the prior quarter it is up 18.4%.

EPS (Diluted)

-$0.52

SUNation Energy, Inc. earned -$0.52 per diluted share (EPS) in Q2 2026.

Cash & Balance Sheet

Cash & Debt

$3.1M

YoY-3.9%

QoQ+81.5%

SUNation Energy, Inc. held $3.1M in cash against $4.0M in long-term debt as of Q2 2026.

Shares Outstanding

5Y CAGR-7.7%

10Y CAGR-3.0%

SUNation Energy, Inc. had 7M shares outstanding in Q2 2026.

Free Cash Flow

Not reported for Q2 2026.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Gross Margin

26.1%

YoY-10.9pp

QoQ+4.0pp

SUNation Energy, Inc.'s gross margin was 26.1% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 10.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 4.0 percentage points.

Operating Margin

-39.0%

YoY-22.4pp

QoQ+21.2pp

SUNation Energy, Inc.'s operating margin was -39.0% in Q2 2026, reflecting core business profitability. This is down 22.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 21.2 percentage points.

Net Margin

-40.9%

YoY+32.6pp

QoQ+15.9pp

SUNation Energy, Inc.'s net profit margin was -40.9% in Q2 2026, showing the share of revenue converted to profit. This is up 32.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 15.9 percentage points.

Return on Equity

-16.3%

YoY+27.2pp

QoQ+3.9pp

SUNation Energy, Inc.'s ROE was -16.3% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 27.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 3.9 percentage points.

Capital Allocation

None of these metrics is reported for Q2 2026.

SUNE Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SUNE quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$61.6M	$71.9M+26.5%	$56.9M-28.6%	$79.6M+189.3%	$27.5M+72019.1%	$38K-99.5%	$8.1M-84.1%	$50.9M+20.1%	$42.4M-48.5%	$82.3M-17.1%	$99.4M-7.7%	$107.7M-9.6%	$119.1M-9.3%	$131.3M+26.0%	$104.2M-27.5%	$143.8M
Cost of Revenue	$39.6M	$44.4M+21.8%	$36.4M-29.8%	$51.9M+157.8%	$20.1M+340.2%	$4.6M-20.6%	$5.8M-79.9%	$28.7M+16.1%	$24.7M-59.8%	$61.5M-15.5%	$72.8M-4.4%	$76.1M-1.0%	$76.9M-11.0%	$86.4M+37.7%	$62.8M-26.1%	$84.9M
Gross Profit	$22.0M	$27.5M+34.8%	$20.4M-26.2%	$27.7M+275.4%	$7.4M+262.6%	-$4.5M-295.9%	$2.3M-89.6%	$22.2M+25.9%	$17.6M-15.4%	$20.8M-21.6%	$26.6M-15.7%	$31.5M-25.2%	$42.2M-6.1%	$44.9M+8.2%	$41.5M-29.5%	$58.9M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	$2.8M-22.0%	$3.6M+1.6%	$3.5M-2.7%	$3.6M-32.2%	$5.4M-35.3%	$8.3M+5.8%	$7.8M+183.9%	$2.8M+19.8%	$2.3M+12.7%	$2.0M
SG&A Expenses	$24.0M	$27.0M-0.3%	$27.1M-6.9%	$29.1M+138.1%	$12.2M+1051.4%	$1.1M-85.0%	$7.1M-68.2%	$22.2M-0.9%	$22.4M-22.0%	$28.7M-18.4%	$35.2M-13.8%	$40.8M+5.7%	$38.6M+5.1%	$36.7M-3.6%	$38.1M-5.0%	$40.1M
Operating Income	-$4.9M	-$1.7M+86.4%	-$12.3M-65.0%	-$7.5M+28.5%	-$10.4M-114.9%	-$4.9M+13.6%	-$5.6M-61146.0%	$9K+100.2%	-$4.8M+59.6%	-$11.8M-164.0%	-$4.5M+57.6%	-$10.5M-419.0%	$3.3M+184.8%	$1.2M-66.0%	$3.4M-80.6%	$17.5M
EBITDA	N/A	$830K+109.1%	-$9.2M-293.2%	-$2.3M+67.7%	-$7.2M-110.2%	-$3.4M+28.7%	-$4.8M-562.3%	$1.0M+129.9%	-$3.5M+59.3%	-$8.6M-1009.0%	-$774K+89.2%	-$7.2M-224.6%	$5.8M+72.8%	$3.3M-39.6%	$5.5M-71.8%	$19.6M
Interest Expense	$600K	$1.0M-66.3%	$3.1M+16.2%	$2.7M+172.1%	$977K-28.9%	$1.4M+4716.1%	$29K-25.8%	$38K+0.2%	$38K-46.3%	$71K-40.3%	$120K-0.7%	$120K+50.8%	$80K-24.8%	$106K-22.1%	$136K	N/A
Income Tax	$45K	$51K+46.9%	$35K-70.8%	$119K+873.9%	$12K-50.2%	$25K+68.7%	$15K+195.4%	-$15K-103.8%	$404K+1272.0%	-$35K-113.4%	$257K+134.1%	-$753K-161.8%	$1.2M-40.8%	$2.1M+77.7%	$1.2M-85.2%	$7.8M
Net Income	-$5.2M	-$10.9M+31.3%	-$15.8M-94.9%	-$8.1M+21.4%	-$10.4M-66.0%	-$6.2M-3532.5%	-$172K-102.7%	$6.5M+195.2%	-$6.8M+42.6%	-$11.8M-45.8%	-$8.1M+15.9%	-$9.6M-591.8%	$2.0M+304.8%	-$958K-142.8%	$2.2M-77.2%	$9.8M
EPS (Basic)	N/A	-$4.38+100.0%	-$10110.93-1553.3%	-$611.55-15037.4%	-$4.04-99.0%	-$2.03-10050.0%	-$0.02-102.9%	$0.70+193.3%	-$0.75+43.2%	-$1.32-43.5%	-$0.92+17.1%	-$1.11-582.6%	$0.23+309.1%	-$0.11-142.3%	$0.26-77.6%	$1.16
EPS (Diluted)	—	-$4.38	-$10110.93	-$611.55	-$4.04-99.0%	-$2.03	-$0.02-102.9%	$0.69+192.0%	-$0.75+43.2%	-$1.32-43.5%	-$0.92+17.1%	-$1.11-582.6%	$0.23+309.1%	-$0.11-142.3%	$0.26-77.4%	$1.15
Diluted Shares (Avg)	N/A	2M	2,714	13,298	7M+119.2%	3M	9M-0.2%	9M+2.5%	9M+1.9%	9M+1.3%	9M+1.3%	9M+0.9%	9M+1.3%	9M+0.1%	9M+0.3%	8M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$8.2M-37.5%	$7.2M-43.1%	$27.2M+77.0%	$19.0M+29.0%	$13.1M-3.6%	$12.6M-4.4%	$15.4M-20.9%	$14.7M-19.5%
Cost of Revenue	$6.0M-26.7%	$5.6M-31.7%	$16.1M+65.1%	$11.8M+24.2%	$8.2M-6.1%	$8.2M-2.5%	$9.8M-29.7%	$9.5M-15.8%
Gross Profit	$2.1M-56.0%	$1.6M-64.1%	$11.1M+97.8%	$7.2M+37.7%	$4.8M+1.0%	$4.4M-7.8%	$5.6M+1.3%	$5.2M-25.5%
SG&A Expenses	$4.2M-35.1%	$5.4M-11.2%	$7.6M-1.7%	$6.9M+12.5%	$6.4M-1.8%	$6.0M-8.9%	$7.7M+16.6%	$6.1M-14.2%
Operating Income	-$3.2M-47.1%	-$4.3M-99.8%	$2.9M+144.7%	-$246K+84.7%	-$2.2M-6.8%	-$2.2M+0.7%	-$6.5M-178.1%	-$1.6M-2.7%
EBITDA	-$2.6M-66.5%	-$3.7M-140.7%	$3.5M+161.6%	$382K+146.5%	-$1.5M-24.1%	-$1.5M-11.5%	-$5.7M-375.1%	-$822K-220.7%
Interest Expense	$158K-2.3%	$133K-76.6%	$165K-78.7%	$143K-82.3%	$162K-78.0%	$571K-25.3%	$775K-51.5%	$812K
Income Tax	$11K-20.0%	$11K-22.3%	$6K-83.9%	$17K+3176.8%	$14K+314.6%	$15K+137.2%	$35K-71.2%	$509+112.0%
Net Income	-$3.3M+65.2%	-$4.1M-17.0%	$2.6M+138.2%	-$393K+88.1%	-$9.6M-38.6%	-$3.5M-390.7%	-$6.8M-310.0%	-$3.3M-39.6%
EPS (Basic)	-$0.52+83.4%	-$1.20+98.9%	$1.81-100.0%	-$0.12+94.9%	-$3.14+100.0%	-$106.71-277790.6%	$15485.16+9678325.0%	-$2.35-1232.3%
EPS (Diluted)	-$0.52	-$1.20	$1.81	-$0.12	-$3.14	-$106.71	$15485.16	-$2350.12
Diluted Shares (Avg)	6M	3M	N/A	3M	3M	32,766	N/A	1,516

Not reported in any period shown, so not listed: R&D Expenses.

SUNE Balance Sheet

SUNE quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$48.2M+5.5%	$45.7M-21.4%	$58.2M-22.1%	$74.7M+2568.4%	$2.8M-95.0%	$55.6M-6.1%	$59.2M+10.9%	$53.3M-8.3%	$58.1M-20.5%	$73.2M-16.8%	$87.9M-12.3%	$100.3M-3.1%	$103.5M-8.0%	$112.5M-3.5%	$116.7M
Current Assets	$16.5M+48.3%	$11.1M-29.6%	$15.8M-39.2%	$26.0M+136784.6%	$19K-99.9%	$35.8M-27.6%	$49.4M+16.7%	$42.3M-6.9%	$45.5M-17.9%	$55.4M-10.5%	$61.9M-11.5%	$69.9M-16.5%	$83.7M-2.6%	$85.9M-4.5%	$89.9M
Cash & Equivalents	$7.2M+755.8%	$839K-76.5%	$3.6M+63.4%	$2.2M+11434.0%	$19K-99.9%	$12.8M-8.2%	$13.9M+26.0%	$11.1M-11.2%	$12.5M+19.3%	$10.4M+6.4%	$9.8M-28.6%	$13.7M-31.5%	$20.1M+12.3%	$17.9M-20.6%	$22.5M
Short-Term Investments	$0	$0	$0-100.0%	$2.7M+1871.9%	$135K-95.1%	$2.8M-70.8%	$9.4M	$0-100.0%	$5.5M-4.6%	$5.8M+11.0%	$5.2M+13.6%	$4.6M-19.8%	$5.7M-54.8%	$12.7M-31.8%	$18.6M
Inventory	$2.5M-6.4%	$2.7M-24.3%	$3.6M-40.9%	$6.1M	$0-100.0%	$136K-98.4%	$8.5M-28.9%	$12.0M-14.2%	$14.0M-37.0%	$22.2M-11.1%	$25.0M-19.7%	$31.1M+6.9%	$29.1M-13.8%	$33.8M+29.9%	$26.0M
Accounts Receivable	$4.2M-13.1%	$4.9M-2.6%	$5.0M-10.0%	$5.6M+208.8%	$1.8M-59.1%	$4.4M-57.0%	$10.2M+6.8%	$9.6M-21.3%	$12.2M-16.3%	$14.6M-18.5%	$17.8M+29.0%	$13.8M-39.6%	$22.9M+56.0%	$14.7M+1.5%	$14.5M
Long-Term Investments	$0	$0	$0	$0	$0-100.0%	$7.1M+2743.7%	$250K	$0	$0	$0-100.0%	$6.3M-45.5%	$11.5M+194.3%	$3.9M-27.1%	$5.4M+10.1%	$4.9M
Goodwill	$17.4M0.0%	$17.4M-15.1%	$20.5M0.0%	$20.5M+884.8%	$2.1M0.0%	$2.1M	N/A	N/A	N/A	$1.5M0.0%	$1.5M	N/A	N/A	$6.0M-0.6%	$6.0M
Total Liabilities	$23.9M-35.7%	$37.2M-1.5%	$37.7M-20.5%	$47.5M+315.1%	$11.4M-80.3%	$58.1M+393.8%	$11.8M+0.8%	$11.7M+30.0%	$9.0M-22.3%	$11.5M-26.6%	$15.7M+10.3%	$14.3M-4.3%	$14.9M-19.6%	$18.5M-3.1%	$19.1M
Current Liabilities	$15.4M-43.3%	$27.2M+21.4%	$22.4M-13.7%	$25.9M+797.0%	$2.9M-61.1%	$7.4M-34.5%	$11.4M-2.5%	$11.6M+29.9%	$9.0M-21.2%	$11.4M-26.4%	$15.4M+18.8%	$13.0M-0.6%	$13.1M-14.2%	$15.2M-1.0%	$15.4M
Non-Current Liabilities	$8.5M-15.1%	$10.0M-34.9%	$15.4M-28.7%	$21.5M+152.1%	$8.5M+1269.5%	$624K+52.8%	$408K+1344.7%	$28K+86.7%	$15K-91.4%	$176K-39.3%	$290K-77.2%	$1.3M-30.8%	$1.8M-44.3%	$3.3M-11.8%	$3.7M
Long-Term Debt	$6.6M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$628K-43.8%	$1.1M-29.0%	$1.6M	N/A
Total Equity	$24.3M+184.8%	$8.5M-58.2%	$20.4M-24.9%	$27.2M+415.2%	-$8.6M-245.3%	-$2.5M-105.3%	$47.4M+13.8%	$41.7M-15.3%	$49.2M-20.2%	$61.6M-14.6%	$72.2M-16.1%	$86.0M-2.9%	$88.6M-5.7%	$94.0M-3.6%	$97.5M
Retained Earnings	-$53.8M-25.4%	-$42.9M-58.4%	-$27.1M-41.9%	-$19.1M-118.5%	-$8.7M-311.3%	$4.1M-11.1%	$4.6M+733.4%	-$734K-110.0%	$7.3M-64.4%	$20.6M-36.2%	$32.3M-32.3%	$47.7M-7.1%	$51.3M-11.1%	$57.8M-6.0%	$61.5M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$40.9M-7.3%	$40.1M-9.7%	$48.2M+5.5%	$49.6M-2.7%	$44.1M-16.5%	$44.4M-18.7%	$45.7M-21.4%	$51.0M-18.4%
Current Assets	$10.5M-3.7%	$9.0M-14.2%	$16.5M+48.3%	$17.2M+47.0%	$11.0M-10.5%	$10.5M-19.8%	$11.1M-29.6%	$11.7M-38.3%
Cash & Equivalents	$3.1M-3.9%	$1.7M+16.5%	$7.2M+755.8%	$5.4M+409.7%	$3.2M+204.6%	$1.4M-19.1%	$839K-76.5%	$1.1M-68.9%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$2.6M+13.8%	$2.9M+14.8%	$2.5M-6.4%	$3.0M+12.8%	$2.3M-28.2%	$2.5M-13.9%	$2.7M-24.3%	$2.7M-42.3%
Accounts Receivable	$3.2M-3.4%	$3.2M-17.4%	$4.2M-13.1%	$4.9M+16.5%	$3.3M-30.8%	$3.9M-21.1%	$4.9M-2.6%	$4.2M-26.4%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$17.4M0.0%	$17.4M0.0%	$17.4M0.0%	$17.4M-15.1%	$17.4M-15.1%	$17.4M-15.1%	$17.4M-15.1%	$20.5M0.0%
Total Liabilities	$20.4M-7.4%	$19.9M-33.0%	$23.9M-35.7%	$27.9M-26.4%	$22.0M-65.4%	$29.6M-55.0%	$37.2M-1.5%	$37.9M-6.9%
Current Liabilities	$13.8M+7.6%	$12.6M-38.1%	$15.4M-43.3%	$19.0M-23.6%	$12.8M-46.3%	$20.3M-3.2%	$27.2M+21.4%	$24.9M+12.4%
Non-Current Liabilities	$6.6M-28.2%	$7.3M-21.9%	$8.5M-15.1%	$8.8M-31.7%	$9.2M-60.7%	$9.3M-56.6%	$10.0M-34.9%	$12.9M-30.0%
Long-Term Debt	$4.0M	N/A	$6.6M	N/A	N/A	N/A	N/A	N/A
Total Equity	$20.5M-7.1%	$20.3M+36.8%	$24.3M+184.8%	$21.7M+65.5%	$22.1M+302.8%	$14.8M+232.5%	$8.5M-58.2%	$13.1M-39.9%
Retained Earnings	-$61.2M-9.3%	-$57.9M-24.8%	-$53.8M-25.4%	-$56.4M-56.3%	-$56.0M-70.8%	-$46.4M-79.5%	-$42.9M-58.4%	-$36.1M-41.8%

SUNE Cash Flow Statement

SUNE quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	-$1.8M	$955K+115.2%	-$6.3M-844.7%	-$667K+91.2%	-$7.6M-834.3%	-$811K+82.7%	-$4.7M-145.8%	$10.2M+316.6%	-$4.7M-229.4%	$3.6M+200.3%	$1.2M+44.6%	$840K-93.1%	$12.2M+1474.0%	$773K+286.3%	$200K-98.6%	$14.1M
Depreciation & Amortization	N/A	$2.5M-20.6%	$3.2M-38.6%	$5.1M+58.9%	$3.2M+126.2%	$1.4M+76.9%	$808K-21.8%	$1.0M-18.1%	$1.3M-60.4%	$3.2M-13.5%	$3.7M+11.2%	$3.3M+33.4%	$2.5M+13.6%	$2.2M+2.4%	$2.1M+1.6%	$2.1M
Stock-Based Compensation	N/A	$85K+193.9%	$29K-97.6%	$1.2M+292.3%	$309K+209.2%	$100K-78.4%	$463K+12.2%	$413K+116.4%	$191K-54.3%	$417K-33.9%	$632K-29.7%	$899K+14.5%	$785K+1070.2%	-$81K-126.7%	$303K-32.5%	$449K
Capital Expenditures	N/A	$49K+48.2%	$33K-95.0%	$656K+460.9%	$117K+234.0%	$35K-79.3%	$169K-60.2%	$425K-38.8%	$694K-10.2%	$773K-66.2%	$2.3M-4.5%	$2.4M-57.1%	$5.6M+106.6%	$2.7M+3.5%	$2.6M-5.4%	$2.8M
Free Cash Flow	N/A	$906K+114.3%	-$6.3M-378.9%	-$1.3M+82.8%	-$7.7M-809.5%	-$846K+82.6%	-$4.9M-149.5%	$9.8M+281.0%	-$5.4M-288.3%	$2.9M+368.5%	-$1.1M+31.0%	-$1.6M-123.6%	$6.6M+442.5%	-$1.9M+20.0%	-$2.4M-121.3%	$11.3M
Investing Cash Flow	-$39K	-$49K-82.2%	-$27K-100.7%	$3.6M+215.2%	-$3.1M-745.3%	$480K-87.8%	$3.9M+175.3%	-$5.2M-208.5%	$4.8M+1739.4%	-$294K	N/A	N/A	N/A	N/A	$3.0M+197.3%	-$3.1M
Financing Cash Flow	$1.4M	$5.1M+145.9%	$2.1M+175.5%	-$2.8M-117.3%	$15.9M+4446.3%	$350K+143.8%	-$800K+44.8%	-$1.5M-2.3%	-$1.4M-4.1%	-$1.4M	N/A	N/A	N/A	N/A	-$7.9M-52.8%	-$5.2M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	$564K-24.1%	$743K-50.2%	$1.5M+2.4%	$1.5M-68.5%	$4.6M-17.7%	$5.6M+0.9%	$5.6M+35.9%	$4.1M-39.1%	$6.7M+33.0%	$5.1M
Share Buybacks	N/A	N/A	$6K-84.1%	$38K	N/A	$4.8M+1256.0%	$355K-75.0%	$1.4M	N/A	N/A	N/A	N/A	N/A	N/A	$758K	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	-$1.1M-745.3%	-$5.2M-51.7%	$2.1M+210.1%	$2.4M+346.6%	-$130K+83.2%	-$3.4M-28.5%	-$1.9M-1308.6%	-$968K-215.8%
Depreciation & Amortization	$622K-0.5%	$623K-0.8%	$622K-20.3%	$628K-20.0%	$625K-20.5%	$627K-21.8%	$781K-31.1%	$785K-40.0%
Stock-Based Compensation	$4K-83.1%	$6K-80.8%	N/A	$19K+109.4%	$22K+293.9%	$31K-84.4%	N/A	-$202K-157.1%
Capital Expenditures	N/A	N/A	$31K+914.7%	$9K-26.3%	N/A	N/A	$3K-92.6%	$12K-94.1%
Free Cash Flow	N/A	N/A	$2.1M+208.3%	$2.4M+342.6%	N/A	N/A	-$1.9M-1738.5%	-$980K-255.3%
Investing Cash Flow	-$2K	$3K	-$31K-914.7%	-$9K+26.3%	N/A	N/A	-$3K+92.6%	-$12K-100.9%
Financing Cash Flow	$2.5M+32.3%	-$334K-108.4%	-$592K-165.7%	-$148K-114.7%	$1.9M+603.3%	$4.0M+632.7%	$901K+387.2%	$1.0M+131.2%
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	$0-100.0%	$0-100.0%

Not reported in any period shown, so not listed: Dividends Paid.

SUNE Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SUNE quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	38.3%+2.4pp	35.9%+1.1pp	34.8%+8.0pp	26.8%	-11891.7%	28.7%-14.9pp	43.6%+2.0pp	41.6%+16.3pp	25.3%-1.4pp	26.8%-2.5pp	29.3%-6.1pp	35.4%+1.2pp	34.2%-5.6pp	39.8%-1.2pp	41.0%
Operating Margin	-2.3%+19.3pp	-21.7%-12.3pp	-9.4%+28.6pp	-38.0%	-12741.2%	-69.6%-69.6pp	0.0%+11.2pp	-11.2%+3.1pp	-14.3%-9.8pp	-4.5%+5.3pp	-9.8%-12.5pp	2.8%+1.9pp	0.9%-2.4pp	3.3%-8.9pp	12.2%
Net Margin	-15.2%+12.7pp	-27.9%-17.7pp	-10.2%+27.4pp	-37.6%	-16339.7%	-2.1%-14.8pp	12.7%+28.7pp	-16.0%-1.7pp	-14.4%-6.2pp	-8.2%+0.8pp	-9.0%-10.6pp	1.7%+2.4pp	-0.7%-2.9pp	2.1%-4.7pp	6.8%
Return on Equity	-44.7%+140.7pp	-185.4%-145.6pp	-39.8%-1.8pp	-38.0%	N/A	N/A	13.7%+30.0pp	-16.3%+7.7pp	-24.1%-10.9pp	-13.2%+0.2pp	-13.4%-15.7pp	2.3%+3.4pp	-1.1%-3.5pp	2.4%-7.7pp	10.1%
Return on Assets	-22.6%+12.1pp	-34.7%-20.7pp	-14.0%-0.1pp	-13.9%+208.9pp	-222.8%-222.4pp	-0.3%-11.3pp	10.9%+23.7pp	-12.7%+7.6pp	-20.3%-9.3pp	-11.1%-0.1pp	-11.0%-12.9pp	2.0%+2.9pp	-0.9%-2.9pp	2.0%-6.4pp	8.4%
Current Ratio	1.07+0.7x	0.41-0.3x	0.71-0.3x	1.00+1.0x	0.01-4.8x	4.81+0.5x	4.35+0.7x	3.64-1.4x	5.07+0.2x	4.87+0.9x	4.01-1.4x	5.38-1.0x	6.40+0.8x	5.64-0.2x	5.85
Debt-to-Equity	0.27-4.1x	4.35+2.5x	1.85+0.1x	1.74	N/A	N/A	0.250.0x	0.28+0.1x	0.180.0x	0.190.0x	0.22+0.2x	0.010.0x	0.010.0x	0.02-0.2x	0.20
Asset Turnover	1.49+0.2x	1.24-0.1x	1.37+1.0x	0.37+0.4x	0.01-0.1x	0.15-0.7x	0.86+0.1x	0.79-0.6x	1.42+0.1x	1.36+0.1x	1.220.0x	1.19-0.1x	1.27+0.3x	0.93-0.3x	1.23
FCF Margin	1.3%+12.4pp	-11.1%-9.5pp	-1.7%+26.3pp	-28.0%	-2216.9%	-60.1%-79.3pp	19.3%+32.0pp	-12.8%-16.3pp	3.5%+4.6pp	-1.1%+0.4pp	-1.4%-7.0pp	5.5%+7.0pp	-1.5%+0.8pp	-2.3%-10.2pp	7.9%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Gross Margin	26.1%-10.9pp	22.1%-13.0pp	40.6%+4.3pp	38.0%+2.4pp	37.0%+1.7pp	35.1%-1.3pp	36.4%+8.0pp	35.6%-2.9pp
Operating Margin	-39.0%-22.4pp	-60.2%-43.0pp	10.7%+53.0pp	-1.3%+9.6pp	-16.6%-1.6pp	-17.2%-0.6pp	-42.3%-30.3pp	-10.9%-2.4pp
Net Margin	-40.9%+32.6pp	-56.9%-29.2pp	9.6%+53.9pp	-2.1%+20.3pp	-73.5%-22.4pp	-27.7%-36.8pp	-44.4%-35.8pp	-22.4%-9.5pp
Return on Equity	-16.3%+27.2pp	-20.2%+3.4pp	10.7%+90.5pp	-1.8%+23.3pp	-43.5%	-23.6%	-79.8%-71.6pp	-25.1%-14.3pp
Return on Assets	-8.2%+13.6pp	-10.2%-2.3pp	5.4%+20.3pp	-0.8%+5.7pp	-21.8%-8.6pp	-7.9%-10.1pp	-14.9%-12.1pp	-6.5%-2.7pp
Current Ratio	0.77-0.1x	0.72+0.2x	1.07+0.7x	0.90+0.4x	0.86+0.3x	0.52-0.1x	0.41-0.3x	0.47-0.4x
Debt-to-Equity	0.19-0.8x	0.98-1.0x	0.27-4.1x	1.28-1.6x	1.00	2.00	4.35+2.5x	2.88+1.0x
Asset Turnover	0.20-0.1x	0.18-0.1x	0.56+0.2x	0.38+0.1x	0.300.0x	0.280.0x	0.340.0x	0.290.0x
FCF Margin	N/A	N/A	7.6%+20.1pp	12.5%+19.2pp	N/A	N/A	-12.4%-13.0pp	-6.7%-10.1pp

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
SUNation Energy, Inc. SUNE	FY2025	$71.9M	-$10.9M	-15.2%	$13.5M	58/100
Ascent Solar Technologies, Inc. ASTI	FY2025	$77K	-$7.9M	N/A	$18.0M	—
Beam Global BEEM	FY2025	$28.2M	-$27.0M	-95.6%	$20.1M	32/100
PN Smart Energy Limited PN	FY2025	$63.3M	-$2.7M	-4.3%	$34.8M	40/100
Spruce Power Holding Corporation SPRU	FY2025	$111.8M	-$26.0M	-23.3%	$26.0M	56/100

Where SUNation Energy, Inc. Ranks

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 $6.6M 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.

How many shares does SUNation Energy, Inc. have outstanding?

SUNation Energy, Inc. (SUNE) had 3M shares outstanding as of fiscal year 2025.

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 0.27 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 P/E ratio?

SUNation Energy, Inc. (SUNE) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $13.5M as of Oct 20, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is SUNation Energy, Inc.'s price-to-sales ratio?

SUNation Energy, Inc. (SUNE) trades at 0.2x sales, its market capitalization divided by revenue of $61.6M revenue, trailing 12 months to June 30, 2026. The market capitalization is $13.5M as of Oct 20, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is SUNation Energy, Inc.'s Altman Z-Score?

SUNation Energy, Inc. (SUNE) has an Altman Z-Score of 0.18, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is SUNation Energy, Inc.'s Piotroski F-Score?

SUNation Energy, Inc. (SUNE) has a Piotroski F-Score of 7 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 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) reported a net loss of $10.9M while generating $955K in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. 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) reported an operating loss of $1.7M against $1.0M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. 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 58 out of 100 on our Financial Health Score, indicating moderate standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.