PEGY · Pineapple Energy Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.19M | - | $18.99M | $13.06M | $12.64M | - | $14.72M | $13.55M | $13.22M | - |
| Cost of Revenue | $5.60M | - | $11.78M | $8.22M | $8.21M | - | $9.48M | $8.76M | $8.41M | - |
| Gross Profit | $1.59M | - | $7.21M | $4.84M | $4.43M | - | $5.24M | $4.79M | $4.81M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $5.36M | - | $6.90M | $6.44M | $6.04M | - | $6.13M | $6.56M | $6.63M | - |
| Total Operating Expenses | $5.92M | - | $7.46M | $7.00M | $6.60M | - | $6.84M | $6.82M | $6.99M | - |
| D&A | $622.5K | - | $628.0K | $625.4K | $627.3K | - | - | - | $801.8K | - |
| Operating Income | ($4.33M) | - | ($245.7K) | ($2.16M) | ($2.17M) | - | ($1.61M) | ($2.03M) | ($2.18M) | - |
| Interest Expense | $133.4K | - | $143.4K | $735.6K | $764.9K | - | $811.6K | - | - | - |
| Income Tax | $11.4K | - | $16.7K | $14.2K | $14.6K | - | $509 | ($6.6K) | $6.2K | - |
| Net Income | ($4.09M) | - | ($393.0K) | ($9.61M) | ($3.50M) | - | ($3.30M) | ($6.93M) | $1.20M | - |
| EPS - Basic | ($1.20) | - | ($0.12) | ($3.14) | ($106.71) | - | ($11.77) | ($1.11) | ($0.26) | - |
| EPS - Diluted | ($1.20) | - | ($0.12) | ($3.14) | ($106.71) | - | ($11.77) | ($1.11) | ($0.26) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.69M | $7.18M | $5.41M | $3.19M | $1.45M | $839.3K | $1.06M | $1.05M | $1.79M | $3.58M |
| Accounts Receivable | $3.24M | $4.24M | $4.92M | $3.30M | $3.93M | $4.88M | $4.23M | $4.76M | $4.98M | $5.01M |
| Inventory | $2.88M | $2.53M | $3.01M | $2.32M | $2.51M | $2.71M | $2.67M | $3.23M | $2.92M | $3.58M |
| Accounts Payable | $4.61M | $7.40M | $7.29M | $6.41M | $6.51M | $8.03M | $8.25M | $8.50M | $6.99M | $7.68M |
| Current Assets | $9.05M | $16.47M | $17.17M | $10.95M | $10.55M | $11.11M | $11.68M | $12.23M | $13.15M | $15.78M |
| Total Assets | $40.12M | $48.24M | $49.61M | $44.13M | $44.43M | $45.71M | $51.00M | $52.85M | $54.65M | $58.17M |
| Current Liabilities | $12.56M | $15.41M | $19.03M | $12.80M | $20.27M | $27.16M | $24.93M | $23.83M | $20.95M | $22.37M |
| Long-term Debt | - | $6.64M | - | - | - | - | - | - | - | - |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | $20.26M | $24.35M | $21.73M | $22.10M | $14.81M | $8.55M | $13.13M | ($10.90M) | ($11.17M) | $20.44M |
| Retained Earnings | ($57.88M) | ($53.79M) | ($56.40M) | ($56.00M) | ($46.40M) | ($42.90M) | ($36.08M) | ($32.78M) | ($25.85M) | ($27.08M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($5.16M) | - | - | - | ($3.40M) | - | - | - | ($2.65M) | - |
| Investing Cash Flow | $2.7K | - | - | - | - | - | - | - | $524 | - |
| Financing Cash Flow | ($334.3K) | - | - | - | $3.99M | - | - | - | $544.9K | - |
| CapEx | - | - | - | - | - | - | - | - | $5.6K | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | ($2.65M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 22.1% | - | 38.0% | 37.0% | 35.1% | - | 35.6% | 35.4% | 36.4% | - |
| Operating margin | -60.2% | - | -1.3% | -16.6% | -17.2% | - | -10.9% | -15.0% | -16.5% | - |
| EBITDA margin | -51.5% | - | 2.0% | -11.8% | -12.2% | - | - | - | -10.4% | - |
| Net margin | -56.9% | - | -2.1% | -73.5% | -27.7% | - | -22.4% | -51.2% | 9.1% | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | -20.1% | - |
| FCF / Net income | - | - | - | - | - | - | - | - | -2.21 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 74.5% | - | 36.3% | 49.3% | 47.8% | - | 41.7% | 48.4% | 50.1% | - |
| Effective tax rate | - | - | - | - | - | - | - | - | 0.5% | - |
| Return on assets | -10.2% | - | -0.8% | -21.8% | -7.9% | - | -6.5% | -13.1% | 2.2% | - |
| Return on equity | -20.2% | - | -1.8% | -43.5% | -23.6% | - | -25.1% | 63.6% | -10.8% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.72 | 1.07 | 0.90 | 0.86 | 0.52 | 0.41 | 0.47 | 0.51 | 0.63 | 0.71 |
| Quick ratio | 0.49 | 0.90 | 0.74 | 0.67 | 0.40 | 0.31 | 0.36 | 0.38 | 0.49 | 0.55 |
| Cash ratio | 0.13 | 0.47 | 0.28 | 0.25 | 0.07 | 0.03 | 0.04 | 0.04 | 0.09 | 0.16 |
| Leverage | ||||||||||
| Debt / Equity | - | 0.27 | - | - | - | - | - | - | - | - |
| Debt / Assets | - | 0.14 | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -32.4x | - | -1.7x | -2.9x | -2.8x | - | -2.0x | - | - | - |
| Equity multiplier | 1.98 | 1.98 | 2.28 | 2.00 | 3.00 | 5.35 | 3.88 | -4.85 | -4.89 | 2.85 |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.18 | - | 0.38 | 0.30 | 0.28 | - | 0.29 | 0.26 | 0.24 | - |
| Inventory turnover | 1.94 | - | 3.92 | 3.54 | 3.27 | - | 3.55 | 2.71 | 2.88 | - |
| Days sales outstanding | 165d | - | 95d | 92d | 113d | - | 105d | 128d | 137d | - |
| Days inventory outstanding | 188d | - | 93d | 103d | 112d | - | 103d | 135d | 127d | - |
| Days payable outstanding | 300d | - | 226d | 284d | 290d | - | 317d | 354d | 303d | - |
| Cash conversion cycle | 52d | - | -38d | -89d | -65d | - | -110d | -91d | -39d | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -43.1% | - | 29.0% | -3.6% | -4.4% | - | -19.5% | -31.7% | -40.1% | - |
| Revenue CAGR (3y) | -31.2% | - | 35.1% | 30.4% | 241.0% | - | 100.4% | 7.2% | 9.2% | - |
| Revenue CAGR (5y) | -6.7% | - | 9.4% | 6.3% | 6.6% | - | -4.2% | -2.5% | -4.6% | - |
| Gross profit growth (YoY) | -64.1% | - | 37.7% | 1.0% | -7.8% | - | -25.5% | -32.9% | -40.0% | - |
| Operating income growth (YoY) | -99.8% | - | 84.7% | -6.8% | 0.7% | - | -2.7% | -43.1% | -1.6% | - |
| Net income growth (YoY) | -17.0% | - | 88.1% | -38.6% | - | - | -39.6% | -347.1% | - | - |
| EPS growth (YoY) | 98.9% | - | 99.0% | -182.9% | -40942.3% | - | -4804.2% | -593.8% | 0.0% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | -483.2% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 36.8% | 184.8% | 65.5% | - | - | -58.2% | -39.9% | - | - | -24.9% |
Peer comparison
Same SIC group: Construction - Special Trade Contractors
Comparing Pineapple Energy Inc. against the 5 most active filers in the same SIC group.