Filing Flows › SUNation Energy (SUNE) › Q4 2025
SUNation Energy (SUNE) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 23, 2026
SUNation Energy (SUNE) reported revenue of $27.2M for the fourth quarter 2025 (Q4 2025), +77% from a year earlier and +43% from the quarter before. Operating margin was 10.7%, net earnings $2.6M (9.6% of revenue).
SUNation Energy, Q4 2025: revenue $27.2M (+77% year over year), operating margin 10.7%, net earnings $2.6M, operating cash flow $2.1M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $27.2M | +43% | +77% |
| Gross profit | $11.1M | +53% | +98% |
| Operating profit | $2.9M | — | — |
| Net earnings | $2.6M | — | — |
| Operating cash flow | $2.1M | -12% | — |
| Free cash flow | $2.1M | -13% | — |
What changed
Revenue was $27.2M in Q4 2025, up 77% year over year and up 43% from the previous quarter. SUNation NY was the largest line at 63% of revenue.
Gross margin was 40.7%, up 4.3 points from Q4 2024. Operating profit was $2.9M, a 10.7% margin (up 53.0 points year over year). Operating expenses fell 33% while revenue rose 77%. Net earnings were $2.6M. The effective tax rate was 0.2%.
Operating cash flow was $2.1M, 81% of net earnings. Non-cash charges added back $622K of depreciation and amortization and $13K of share-based compensation. Working capital and other items used $1.1M. Capital expenditures of $31K left free cash flow of $2.1M.
Questions
What was SUNation Energy's revenue in the fourth quarter 2025?
SUNation Energy (SUNE) reported revenue of $27.2M for the fourth quarter 2025 (Q4 2025), +77% from a year earlier and +43% from the quarter before.
Was SUNation Energy profitable in the fourth quarter 2025?
Operating profit was $2.9M (10.7% of revenue) and net earnings $2.6M.
Source: SUNation Energy 10-K on SEC EDGAR.