Filing Flows › Sunrise Realty Trust (SUNS) › Q1 2026
Sunrise Realty Trust (SUNS) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 14, 2026
Sunrise Realty Trust (SUNS) reported revenue of $7.3M for the first quarter 2026 (Q1 2026), +58% from a year earlier and +40% from the quarter before. Operating margin was 58.2%, net earnings $4.3M (58.2% of revenue).
Sunrise Realty Trust, Q1 2026: revenue $7.3M (+58% year over year), operating margin 58.2%, net earnings $4.3M, operating cash flow $1.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.3M | +40% | +58% |
| Operating profit | $4.3M | +161% | +37% |
| Net earnings | $4.3M | +161% | +37% |
| Operating cash flow | $1.2M | — | — |
What changed
Revenue was $7.3M in Q1 2026, up 58% year over year and up 40% from the previous quarter.
Operating profit was $4.3M, a 58.2% margin (down 8.8 points year over year). Of the extra revenue versus Q1 2025, 43% reached operating profit, below the 67% margin then. Total costs grew 100% against revenue growth of 58%. The fastest-growing cost line was Other operating costs (+200%). Net earnings were $4.3M, up 37% year over year. The effective tax rate was 0.0%.
Operating cash flow was $1.2M, 27% of net earnings. Non-cash charges added back $370K of share-based compensation. Working capital and other items used $3.5M.
Questions
What was Sunrise Realty Trust's revenue in the first quarter 2026?
Sunrise Realty Trust (SUNS) reported revenue of $7.3M for the first quarter 2026 (Q1 2026), +58% from a year earlier and +40% from the quarter before.
Was Sunrise Realty Trust profitable in the first quarter 2026?
Operating profit was $4.3M (58.2% of revenue) and net earnings $4.3M.