Improved Financial Metrics
SUNation Energy increased its gross margin to 37% from 35.4% year-over-year and reduced its SG&A expenses from $6.6 million to $6.4 million. Adjusted EBITDA loss improved to -$1 million from -$1.7 million in the prior year.
Significant Debt Reduction
The company reduced its total debt by 61% from December 31, 2024, and also reduced its interest expense by nearly $600,000.
Strong Residential Solar Backlog
The residential backlog improved to $35.6 million by July 31, 2025, up more than 31% from the previous month.
Commercial Sales Growth
Commercial sales increased by 156% to $1.3 million in New York compared to Q2 last year.
Cash Position Improved
Cash and cash equivalents rose to $3.2 million from $840,000 at the end of last year, marking a nearly fourfold increase.