SUNation Energy Inc. (SUNE) Income Statement
SUNE 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsSUNE revenue and net income
Where SUNE's revenue goes
2025Each bar shows an amount and its share of revenue. SUNE kept −15.1% of revenue as net income.
SUNE profit margins
SUNE growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +26.5% | +37.7% | +54.8% | −29.1% |
| Gross profit | +34.8% | +55.1% | +67.1% | −22.2% |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
SUNE quarterly EPS vs estimates
SUNation Energy beat the analyst EPS estimate in 2 of the last 3 quarters. Next report: November 6, 2026.
SUNE income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $71.9M | $56.9M | $79.6M | $27.5M | $38,162 | $8.1M | $2.48B | $2.01B | $2.53B | $2.72B |
| Cost of revenue | $44.4M | $36.4M | $51.9M | $20.1M | $0 | $6.0M | $2.26B | $1.86B | $2.19B | $2.42B |
| Gross profit | $27.5M | $20.4M | $27.7M | $7.4M | $38,162 | $2.1M | $221.9M | $145.3M | $335.6M | $294.9M |
| Research & development | — | — | — | — | — | $2.8M | $61.7M | $71.1M | $71.8M | $87.5M |
| Sales, general & admin | $27.0M | $27.1M | $29.1M | $12.2M | $1.1M | — | $566.0M | $361.6M | $306.2M | $352.8M |
| Total operating expenses | $29.2M | $32.7M | $35.2M | $17.8M | $4.9M | $7.1M | $627.7M | $432.7M | $378.0M | $440.3M |
| Operating income | −$1.7M | −$12.3M | −$7.5M | −$10.4M | −$4.9M | −$4.9M | −$536.8M | −$313.6M | $57.2M | −$1.30B |
| Interest expense | $2.3M | $3.1M | $2.7M | $976,606 | $1.4M | $28,514 | $410.0M | $189.2M | $135.3M | $77.2M |
| Income before taxes | −$10.8M | −$15.8M | −$6.8M | −$3.3M | −$6.2M | −$4.7M | −$1.32B | −$631.5M | −$182.3M | −$780.6M |
| Income taxes | $51,000 | $34,819 | $119,176 | $12,237 | — | $14,566 | −$36.0M | $27.8M | $64.9M | $73.1M |
| Net income | −$10.9M | −$15.8M | −$8.1M | −$10.4M | −$6.2M | −$171,658 | −$1.18B | −$586.7M | −$150.6M | −$1.54B |
| EBITDA | −$6.0M | −$9.6M | $973,221 | $943,408 | −$1.0M | −$3.9M | −$449.0M | −$101.4M | $296.5M | −$1.16B |
| EPS (diluted) | −$4.38 | — | −$85389.12 | −$0.83 | −$0.14 | −$0.02 | $135898.67 | −$66912.51 | — | — |
| Gross margin | 38.3% | 35.9% | 34.8% | 26.8% | 100.0% | 26.1% | 8.9% | 7.2% | 13.3% | 10.9% |
| Operating margin | −2.3% | −21.7% | −9.4% | −38.0% | −12,741.2% | −61.1% | −21.6% | −15.6% | 2.3% | −47.9% |
| Net margin | −15.1% | −27.9% | −10.2% | −37.6% | −16,339.7% | −2.1% | −47.5% | −29.2% | −6.0% | −56.6% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.2M | $7.2M | $27.2M | $19.0M | $13.1M | $12.6M | $15.4M | $14.7M | $13.5M | $13.2M | $19.4M | $18.3M |
| Cost of revenue | $6.0M | $6.2M | $16.1M | $11.8M | $8.2M | $8.2M | $9.8M | $9.5M | $8.8M | $8.4M | $13.9M | $11.3M |
| Gross profit | $2.1M | $1.0M | $11.1M | $7.2M | $4.8M | $4.4M | $5.6M | $5.2M | $4.8M | $4.8M | $5.5M | $7.0M |
| Sales, general & admin | $4.2M | $5.4M | $7.6M | $6.9M | $6.4M | $6.0M | $7.7M | $6.1M | $6.6M | $6.6M | $6.6M | $7.2M |
| Total operating expenses | $5.3M | $5.4M | $8.2M | $7.5M | $7.0M | $6.6M | $12.1M | $6.8M | $6.8M | $7.0M | $7.9M | $8.6M |
| Operating income | −$3.2M | −$4.3M | $2.9M | −$245,731 | −$2.2M | −$2.2M | −$6.5M | −$1.6M | −$2.0M | −$2.2M | −$2.3M | −$1.6M |
| Interest expense | $159,000 | $133,449 | $322,678 | $143,420 | $722,068 | $1.1M | $775,396 | $811,551 | $735,633 | $764,870 | $789,941 | $810,023 |
| Income before taxes | −$3.3M | −$4.1M | $2.6M | −$376,296 | −$9.6M | −$3.5M | −$6.8M | −$3.3M | −$6.9M | $1.2M | −$1.6M | −$2.3M |
| Income taxes | $11,000 | $11,355 | $5,470 | $16,679 | $14,236 | $14,615 | $34,781 | $509 | −$6,633 | $6,162 | $120,572 | −$4,234 |
| Net income | −$3.3M | −$4.1M | $2.6M | −$392,975 | −$9.6M | −$3.5M | −$6.8M | −$3.3M | −$6.9M | $1.2M | −$1.7M | −$2.4M |
| EBITDA | −$2.5M | −$3.2M | $3.6M | $395,173 | −$8.2M | −$2.3M | −$5.2M | −$1.7M | −$5.4M | $2.8M | $366,637 | −$215,194 |
| EPS (diluted) | −$0.52 | — | — | −$0.12 | −$3.14 | −$106.71 | — | −$2353.77 | −$5076.00 | $520.50 | −$0.16 | −$30629.98 |
| Gross margin | 26.1% | 14.3% | 40.7% | 38.0% | 37.0% | 35.1% | 36.4% | 35.6% | 35.4% | 36.4% | 28.4% | 38.5% |
| Operating margin | −39.0% | −60.2% | 10.7% | −1.3% | −16.6% | −17.2% | −42.3% | −10.9% | −15.0% | −16.5% | −12.0% | −8.6% |
| Net margin | −40.9% | −56.9% | 9.6% | −2.1% | −73.5% | −27.7% | −44.4% | −22.4% | −51.2% | 9.1% | −8.6% | −12.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in SUNE's financial statements (latest annual report filed March 23, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
SUNE financial results
In fiscal year 2025 (ended December 31, 2025), SUNation Energy reported revenue of $71.9 million, up 26.5% from the year before. It had a net loss of $10.9 million, a net profit margin of −15.1%. Diluted earnings per share came to −$4.38. Over five years revenue grew at an average rate of 54.8% a year.
See the SUNE stock overview for the latest quote and news, or the SUNE chart for price history and technical indicators.
SUNE income statement FAQ
What is SUNation Energy's annual revenue?
SUNation Energy reported total revenue of $71.9 million for fiscal year 2025, which ended on December 31, 2025. That was up 26.5% from $56.9 million the previous year.
Is SUNation Energy profitable?
No. SUNation Energy reported a net loss of $10.9 million in fiscal 2025, a net profit margin of −15.1%; its operating margin was −2.3%.
What is SUNation Energy's gross margin?
SUNation Energy's gross margin was 38.3% in fiscal 2025: for every $100 of revenue, SUNation Energy kept $38 after the direct cost of its products and services.
How fast is SUNation Energy growing?
Revenue grew 54.8% a year on average over the last five fiscal years, from $8.1 million to $71.9 million.
What are SUNation Energy's earnings per share?
SUNation Energy earned $-4.38 per diluted share in fiscal 2025.
When will SUNation Energy report its next earnings?
SUNation Energy is expected to report results for the quarter ending September 30, 2026 on November 6, 2026.
When does SUNation Energy's fiscal year end?
SUNation Energy's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 23, 2026.