earnings
confidence high
sentiment negative
materiality 0.80
SUNation Q2 revenue down 38% YoY to $8.2M; net loss $3.34M; Suniva merger on track
SUNation Energy, Inc.
2026-Q2 EPS reported
-$1.86
revenue$15,356,436
- Q2 revenue $8.2M, down 38% YoY from $13.1M; residential demand hit by loss of 25D tax credit.
- Net loss $3.34M vs $9.61M YoY; operating loss $3.18M vs $2.16M, up 47% YoY.
- Cash $3.1M at 6/30/26, up 81% QoQ; accounts payable down 38% from Dec 2025.
- Total liabilities $20.4M, down 15% from $23.9M at Dec 2025; loans payable down 25%.
- Merger with Suniva executed June 5, 2026; closing targeted Q4 2026; Suniva to be wholly-owned sub.