SUNation Q2 FY26 net loss narrows 65% to $3.34 million; revenue drops 37.5% to $8.2 million - SUNE News | RalliesSUNation Q2 FY26 net loss narrows 65% to $3.34 million; revenue drops 37.5% to $8.2 million
S
SUNE• Q2 results and operating trends
- Sunation Energy Q2: revenue fell 37.5% to $8.16 million year over year as residential demand weakened after the Section 25D tax credit expired.
- Net loss narrowed 65.2% to $3.34 million; loss per share improved to $0.52 from $3.14 a year earlier.
- Gross margin dropped 10.9 percentage points to 26.1%; operating loss widened 47.1% to $3.18 million.
- Cash rose 81% to $3.06 million versus Q1; total liabilities declined 15% to $20.4 million versus Dec. 31.
- Entered a reverse-merger deal with Suniva on June 5, targeting a Q4 close; completed a $2.7 million private placement.
