Filing Flows › Sunrise Realty Trust (SUNS) › Q4 2025
Sunrise Realty Trust (SUNS) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 12, 2026
Sunrise Realty Trust (SUNS) reported revenue of $5.2M for the fourth quarter 2025 (Q4 2025), +52% from a year earlier and -14% from the quarter before. Operating margin was 31.2%, net earnings $1.6M (31.2% of revenue).
Sunrise Realty Trust, Q4 2025: revenue $5.2M (+52% year over year), operating margin 31.2%, net earnings $1.6M, operating cash flow −$1.5M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.2M | -14% | +52% |
| Operating profit | $1.6M | -60% | -12% |
| Net earnings | $1.6M | -60% | -12% |
| Operating cash flow | −$1.5M | — | — |
What changed
Revenue was $5.2M in Q4 2025, up 52% year over year and down 14% from the previous quarter.
Operating profit was $1.6M, a 31.2% margin (down 22.6 points year over year). Operating profit fell $224K even though revenue rose $1.8M versus Q4 2024, so costs grew faster than sales. Total costs grew 126% against revenue growth of 52%. The fastest-growing cost line was Other operating costs (+209%). Net earnings were $1.6M, down 12% year over year. The effective tax rate was 0.0%.
Operating cash flow was −$1.5M. Non-cash charges added back $256K of share-based compensation. Working capital and other items used $3.4M.
Questions
What was Sunrise Realty Trust's revenue in the fourth quarter 2025?
Sunrise Realty Trust (SUNS) reported revenue of $5.2M for the fourth quarter 2025 (Q4 2025), +52% from a year earlier and -14% from the quarter before.
Was Sunrise Realty Trust profitable in the fourth quarter 2025?
Operating profit was $1.6M (31.2% of revenue) and net earnings $1.6M.