Filing Flows › SUNation Energy (SUNE) › Q2 2025
SUNation Energy (SUNE) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 15, 2025
SUNation Energy (SUNE) reported revenue of $13.1M for the second quarter 2025 (Q2 2025), -4% from a year earlier and +3% from the quarter before. Operating margin was -16.6%, net loss $9.6M (73.5% of revenue).
SUNation Energy, Q2 2025: revenue $13.1M (-4% year over year), operating margin -16.6%, net loss $9.6M, operating cash flow −$130K. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $13.1M | +3% | -4% |
| Operating profit | −$2.2M | — | — |
| Net earnings | −$9.6M | — | — |
| Operating cash flow | −$130K | — | — |
What changed
Revenue was $13.1M in Q2 2025, down 4% year over year and up 3% from the previous quarter. SUNation was the largest line at 75% of revenue. HEC lost $574K year over year (down 15%), 118% of the total change.
Gross margin was 37.0%, up 1.7 points from a year earlier. Operating costs exceeded revenue by $2.2M, an operating margin of -16.6%. Operating expenses grew 3% against a revenue fall of 4%. The fastest-growing cost line was Other operating costs (+116%). The quarter ended with a net loss of $9.6M, wider than the previous quarter's $3.5M loss. Net interest and other expense of $7.4M was the main reason.
Operating cash flow was −$130K. Non-cash charges added back $625K of depreciation and amortization and $22K of share-based compensation. Working capital and other items added $8.8M.
Questions
What was SUNation Energy's revenue in the second quarter 2025?
SUNation Energy (SUNE) reported revenue of $13.1M for the second quarter 2025 (Q2 2025), -4% from a year earlier and +3% from the quarter before.
Was SUNation Energy profitable in the second quarter 2025?
Operating loss was $2.2M (-16.6% of revenue) and net loss $9.6M.
Source: SUNation Energy 10-Q on SEC EDGAR.