Q2 2026 Revenue up 3% year over year to $5.8M · 53¢ of every $1 of revenue kept as net profit · operating margin 52.9%
Sunrise Realty Trust made $5.8M in Q2 2026 (+3% Y/Y). Operating margin 52.9%, net earnings $3.1M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 6, 2026.
Revenue$5.8M
Year over year+3%
Operating margin52.9%
Net earnings$3.1M
Operating cash flow$371K
Drawing the Sankey…
Open the interactive Sankey →click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $5.8M in Q2 2026, up 3% year over year and down 20% from the previous quarter.
Operating profit was $3.1M, a 52.9% margin (down 6.4 points year over year). Operating profit fell $282K even though revenue rose $149K versus Q2 2025, so costs grew faster than sales. Total costs grew 19% against revenue growth of 3%. The fastest-growing cost line was General & admin (+23%). Net earnings were $3.1M, down 8% year over year. The effective tax rate was 0.0%.
Operating cash flow was $371K, 12% of net earnings. Non-cash charges added back $297K of share-based compensation. Working capital and other items used $3.0M.
Quarterly history
Quarter
Form
Filed
Revenue
Y/Y
Op. margin
Net earnings
Op. cash flow
Q2 2026
10-Q
Aug 6, 2026
$5.8M
+3%
52.9%
$3.1M
$371K
Q1 2026
10-Q
May 14, 2026
$7.3M
+58%
58.2%
$4.3M
$1.2M
Q4 2025
10-K
Mar 12, 2026
$5.2M
+52%
31.2%
$1.6M
−$1.5M
Q3 2025
10-Q
Nov 13, 2025
$6.1M
+91%
67.0%
$4.1M
−$656K
Q2 2025
10-Q
Aug 7, 2025
$5.7M
+186%
59.2%
$3.4M
−$323K
Q1 2025
10-Q
May 7, 2025
$4.6M
+128%
67.1%
$3.1M
−$915K
Q4 2024
10-K
Mar 6, 2025
$3.4M
—
53.8%
$1.9M
−$1.0M
Charts
Latest (Q2 2026): Y/Y +3%, Q/Q -20%.From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.Latest (Q2 2026): Net income $3.1M, Operating cash flow $371K.Real Estate Investment Trusts; dot size is quarterly revenue; dashed lines are the industry's medians.
Interactive views
The same charts as the app — open one to draw it.
💵Where each $1 goesinteractive
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🌏Named in Asian annual reportsinteractive
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🔄Rotation against the market and its industry (RRG)interactive
The following description of the business of Sunrise Realty Trust, Inc. should be read in conjunction with the information included elsewhere in this Annual Report on Form 10-K for the year ended December 31, 2025. Unless the context otherwise requires, the terms “Company,” “SUNS,” “we,” “us,” or “our” refers to Sunrise Realty Trust, Inc.
In its own words, from its 10-K, filed Mar 12, 2026.
Sunrise Realty Trust against its Real Estate Investment Trusts peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +3% against the peers' median +11%. Operating margin: 52.9% against the peers' median 20.6%.