SUNation Energy Inc. (SUNE) Stock

SUNation Energy Inc. (SUNE) is a Industrials stock trading at $2.36 (as of 2026-09-02), with a market capitalization of $9.73M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

SUNation Energy, Inc. is focused on local and regional solar, storage, and energy services companies nationwide. The firm's vision is to power the energy transition through the grass-roots growth of solar electricity paired with battery storage. Its portfolio of brands, including SUNation, Hawaii Energy Connection, E-Gear, Sungevity, and Horizon Solar Power, provides homeowners and small businesses with an end-to-end product offering spanning solar, battery storage, and grid services. The company was founded in 1969 and is headquartered in Ronkonkoma, NY.

Understand SUNation Energy Inc.: how it makes money

SUNation Energy designs, installs, and maintains solar and battery-storage systems for homeowners and small businesses under a portfolio of regional brands. Revenue comes from selling and servicing those systems across multiple North American markets.

Each installed system earns a modest gross margin, but the fixed cost base (regional sales, admin, overhead) is large enough to turn every dollar of revenue into an operating loss at current volume.

Business quality (Weak): Weak: the company is shrinking and deeply unprofitable at the operating level, with no visible operating metric suggesting a turnaround in the near term.

Bull case

  • Product margins are real: A 26% gross margin on installed solar and storage systems shows customers are paying a clear premium above component cost, which is the raw material for profitability once the cost base is aligned to revenue.

Bear case

  • Overhead swallows all gross profit: The -39% operating margin means the company loses 39 cents on every dollar of revenue after all operating expenses. The 26% gross margin is not merely insufficient; it is reversed into a net operating loss, indicating the fixed cost structure is fundamentally misaligned with current scale.
  • No operating inflection visible: With no segment-level data, no tracked operating KPI, and a business-quality grade of Weak, there is no visible mechanism in the reported numbers that would close the gap between a 26% gross margin and a -39% operating margin without a structural cost reduction or a revenue rebound.
Valuation — source: SEC EDGAR (first-party)
Price$2.36
Market Cap$9.73M
Price / Book0.47
Price / Sales0.16
FCF Yield9.3%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$71.91M
Net Margin-15.1%
Revenue Growth (YoY)-37.5%
EPS Growth (YoY)-83.4%
FCF Growth (YoY)693.5%
Financial Health — source: SEC EDGAR
Altman Z-Score0.05 (distress)
Valuation vs Sector & Industry
Sector P/E (Industrials)25.7
Industry P/E (Construction)22.8
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderHRT FINANCIAL LP ($289000.00)
Institutional Holders Tracked10
Company
SectorIndustrials
IndustryConstruction
CEOScott Maskin
Employees189
CountryUS
IPO Date1981-11-18

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SUNE earnings history · SUNE institutional & insider holders · SUNE KPIs & operating metrics · SUNE financials · SUNE investor presentations & press releases · SUNE SEC filings · SUNE peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-09-02.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.