# Sunrise Realty Trust, Inc.: overview

SUNS · Nasdaq · CIK 2012706 · [Real estate](/sectors/real-estate.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/suns.md) · [Financials](/companies/suns/financials.md) · [Filings](/companies/suns/filings.md) · [Insiders](/companies/suns/insiders.md)

Latest reported revenue: [$5.8m](/filings/0001628280-26-053845.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 6, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001628280-26-053845).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $k | [3,178](/filings/0001628280-25-051845.md) | [3,445 d](/filings/0001628280-26-017017.md) | [4,622](/filings/0001628280-26-034794.md) | [5,669](/filings/0001628280-26-053845.md) | [6,056](/filings/0001628280-25-051845.md) | [5,223 d](/filings/0001628280-26-017017.md) | [7,305](/filings/0001628280-26-034794.md) | [5,819](/filings/0001628280-26-053845.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [54.7%](/filings/0001628280-25-051845.md) | [53.8% d](/filings/0001628280-26-017017.md) | [67.1%](/filings/0001628280-26-034794.md) | [59.2%](/filings/0001628280-26-053845.md) | [67.0%](/filings/0001628280-25-051845.md) | [31.2% d](/filings/0001628280-26-017017.md) | [58.2%](/filings/0001628280-26-034794.md) | [52.9%](/filings/0001628280-26-053845.md) |
| Diluted EPS | $ per share | [0.25](/filings/0001628280-25-051845.md) | not reported | [0.27](/filings/0001628280-26-034794.md) | [0.25](/filings/0001628280-26-053845.md) | [0.30](/filings/0001628280-25-051845.md) | not reported | [0.32](/filings/0001628280-26-034794.md) | [0.23](/filings/0001628280-26-053845.md) |
| Free cash flow | $k | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: |
| Revenue | $m | [10.6](/filings/0001628280-26-017017.md) | [21.6](/filings/0001628280-26-017017.md) |
| Gross margin | % | not reported | not reported |
| Operating margin | % | not reported | not reported |
| Net margin | % | [64.6%](/filings/0001628280-26-017017.md) | [56.3%](/filings/0001628280-26-017017.md) |
| Diluted EPS | $ per share | [1.00](/filings/0001628280-26-017017.md) | [0.93](/filings/0001628280-26-017017.md) |
| Free cash flow | $m | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/suns/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [Pacific Ridge Capital Partners, LLC](/funds/1591546.md) | 2026-06-30 | $4.2m | 529,714 |  | Added +126,679 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $3.5m | 442,653 |  | Reduced −7,261 |
| [GRATIA CAPITAL, LLC](/funds/1599793.md) | 2026-06-30 | $2.7m | 339,355 |  | Reduced −99,461 |
| [RAYMOND JAMES FINANCIAL INC](/funds/720005.md) | 2026-06-30 | $1.3m | 160,032 |  | Reduced −8,677 |
| [RBF Capital, LLC](/funds/1134621.md) | 2026-06-30 | $1.2m | 152,283 |  | New +152,283 |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $1.0m | 131,404 |  | Reduced −514,084 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $1.0m | 128,015 |  | Reduced −177,900 |
| [MILLENNIUM MANAGEMENT LLC](/funds/1273087.md) | 2026-06-30 | $613.7k | 77,685 |  | New +77,685 |
| [Quantinno Capital Management LP](/funds/1759654.md) | 2026-06-30 | $606.3k | 76,751 |  | Added +25,800 |
| [JANE STREET GROUP, LLC](/funds/1595888.md) | 2026-06-30 | $517.3k | 65,479 |  | New +65,479 |

## Recent filings

[All 173 filings](/companies/suns/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-23 | 16:07 ET | [8-K](/filings/0001628280-26-067043.md) | 5.07 Shareholder vote results; 8.01 Other events; 9.01 Financial statements and exhibits | 0001628280-26-067043 |
| 2026-10-13 | 12:12 ET | [8-K](/filings/0001829126-26-011033.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001829126-26-011033 |
| 2026-09-23 | 21:07 ET | [8-K](/filings/0001628280-26-063244.md) | 5.02 Departure or appointment of officers or directors | 0001628280-26-063244 |
| 2026-08-06 | 11:35 ET | [8-K](/filings/0001628280-26-053852.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001628280-26-053852 |
| 2026-08-06 | 11:30 ET | [10-Q](/filings/0001628280-26-053845.md) | Quarterly report, period 2026-06-30 | 0001628280-26-053845 |
| 2026-08-06 | 10:48 ET | [8-K](/filings/0001829126-26-008416.md) | 1.01 Entry into a material agreement; 3.02 Unregistered sale of equity; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001829126-26-008416 |
| 2026-05-26 | 20:12 ET | [8-K](/filings/0001628280-26-038084.md) | 5.07 Shareholder vote results | 0001628280-26-038084 |
| 2026-05-14 | 11:35 ET | [8-K](/filings/0001628280-26-034796.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001628280-26-034796 |
| 2026-05-14 | 11:30 ET | [10-Q](/filings/0001628280-26-034794.md) | Quarterly report, period 2026-03-31 | 0001628280-26-034794 |
| 2026-04-15 | 20:58 ET | [DEF 14A](/filings/0001140361-26-014817.md) | Proxy statement, period 2026-05-26 | 0001140361-26-014817 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001628280-26-017017.md), filed Mar 12, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/b8093943-a7e1-4448-b8c3-290b4da3d536)

## About the filer

- CIK: 2012706
- Tickers: SUNS
- Exchange: Nasdaq
- SIC code: 6798 Real Estate Investment Trusts
- State of incorporation: MD
- Filer category: <br>Emerging growth company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:50 ET. No prices; not investment advice.