Filing Flows › Sunrise Realty Trust (SUNS) › Q3 2025
Sunrise Realty Trust (SUNS) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 13, 2025
Sunrise Realty Trust (SUNS) reported revenue of $6.1M for the third quarter 2025 (Q3 2025), +91% from a year earlier and +7% from the quarter before. Operating margin was 67.0%, net earnings $4.1M (67.0% of revenue).
Sunrise Realty Trust, Q3 2025: revenue $6.1M (+91% year over year), operating margin 67.0%, net earnings $4.1M, operating cash flow −$656K. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.1M | +7% | +91% |
| Operating profit | $4.1M | +21% | +133% |
| Net earnings | $4.1M | +21% | +133% |
| Operating cash flow | −$656K | — | — |
What changed
Revenue was $6.1M in Q3 2025, up 91% year over year and up 7% from the previous quarter.
Operating profit was $4.1M, a 67.0% margin (up 12.3 points year over year). Of the extra revenue versus a year earlier, 80% reached operating profit, above the 55% margin then. Total costs grew 39% against revenue growth of 91%. The fastest-growing cost line was Other operating costs (+55%). Net earnings were $4.1M, up 133% year over year. The effective tax rate was 0.0%.
Operating cash flow was −$656K. Non-cash charges added back $260K of share-based compensation. Working capital and other items used $5.0M.
Questions
What was Sunrise Realty Trust's revenue in the third quarter 2025?
Sunrise Realty Trust (SUNS) reported revenue of $6.1M for the third quarter 2025 (Q3 2025), +91% from a year earlier and +7% from the quarter before.
Was Sunrise Realty Trust profitable in the third quarter 2025?
Operating profit was $4.1M (67.0% of revenue) and net earnings $4.1M.