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Side-by-side financial comparison of SUNation Energy, Inc. (SUNE) and WINMARK CORP (WINA). Click either name above to swap in a different company.

SUNation Energy, Inc. is the larger business by last-quarter revenue ($27.2M vs $21.1M, roughly 1.3× WINMARK CORP). WINMARK CORP runs the higher net margin — 47.2% vs 9.6%, a 37.7% gap on every dollar of revenue. On growth, SUNation Energy, Inc. posted the faster year-over-year revenue change (77.0% vs 7.9%). Over the past eight quarters, SUNation Energy, Inc.'s revenue compounded faster (43.5% CAGR vs 2.4%).

Suncor Energy Inc. is a Canadian integrated energy company based in Calgary, Alberta. It specializes in production of synthetic crude from oil sands. In the 2020 Forbes Global 2000, Suncor Energy was ranked as the 48th-largest public company in the world.

Winmark Corporation is an American franchisor of five retail businesses that specialize in buying and selling used goods. The company is based in Minneapolis, Minnesota. Winmark was founded in 1988 as Play It Again Sports Franchise Corporation by Ron Olson and Jeffrey Dahlberg after they purchased the Play It Again Sports franchise rights from Martha Morris. They renamed the company to Grow Biz International Inc. in June 1993. Grow Biz went public in August 1993. In 2000, John Morgan replaced...

SUNE vs WINA — Head-to-Head

Bigger by revenue
SUNE
SUNE
1.3× larger
SUNE
$27.2M
$21.1M
WINA
Growing faster (revenue YoY)
SUNE
SUNE
+69.1% gap
SUNE
77.0%
7.9%
WINA
Higher net margin
WINA
WINA
37.7% more per $
WINA
47.2%
9.6%
SUNE
Faster 2-yr revenue CAGR
SUNE
SUNE
Annualised
SUNE
43.5%
2.4%
WINA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
SUNE
SUNE
WINA
WINA
Revenue
$27.2M
$21.1M
Net Profit
$2.6M
$10.0M
Gross Margin
40.7%
Operating Margin
10.7%
61.7%
Net Margin
9.6%
47.2%
Revenue YoY
77.0%
7.9%
Net Profit YoY
138.2%
3.9%
EPS (diluted)
$105.59
$2.68

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
SUNE
SUNE
WINA
WINA
Q4 25
$27.2M
$21.1M
Q3 25
$19.0M
$22.6M
Q2 25
$13.1M
$20.4M
Q1 25
$12.6M
$21.9M
Q4 24
$15.4M
$19.5M
Q3 24
$14.7M
$21.5M
Q2 24
$13.5M
$20.1M
Q1 24
$13.2M
$20.1M
Net Profit
SUNE
SUNE
WINA
WINA
Q4 25
$2.6M
$10.0M
Q3 25
$-393.0K
$11.1M
Q2 25
$-9.6M
$10.6M
Q1 25
$-3.5M
$10.0M
Q4 24
$-6.8M
$9.6M
Q3 24
$-3.3M
$11.1M
Q2 24
$-6.9M
$10.4M
Q1 24
$1.2M
$8.8M
Gross Margin
SUNE
SUNE
WINA
WINA
Q4 25
40.7%
Q3 25
38.0%
Q2 25
37.0%
Q1 25
35.1%
Q4 24
36.4%
Q3 24
35.6%
Q2 24
35.4%
Q1 24
36.4%
Operating Margin
SUNE
SUNE
WINA
WINA
Q4 25
10.7%
61.7%
Q3 25
-1.3%
65.9%
Q2 25
-16.6%
64.0%
Q1 25
-17.2%
62.0%
Q4 24
-42.3%
65.3%
Q3 24
-10.9%
69.4%
Q2 24
-15.0%
64.7%
Q1 24
-16.5%
60.8%
Net Margin
SUNE
SUNE
WINA
WINA
Q4 25
9.6%
47.2%
Q3 25
-2.1%
49.2%
Q2 25
-73.5%
51.9%
Q1 25
-27.7%
45.4%
Q4 24
-44.4%
49.0%
Q3 24
-22.4%
51.7%
Q2 24
-51.2%
51.8%
Q1 24
9.1%
43.9%
EPS (diluted)
SUNE
SUNE
WINA
WINA
Q4 25
$105.59
$2.68
Q3 25
$-0.12
$3.02
Q2 25
$-3.14
$2.89
Q1 25
$-106.71
$2.71
Q4 24
$41676.94
$2.60
Q3 24
$-2350.12
$3.03
Q2 24
$-11022.91
$2.85
Q1 24
$-38414.84
$2.41

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SUNE
SUNE
WINA
WINA
Cash + ST InvestmentsLiquidity on hand
$7.2M
$10.3M
Total DebtLower is stronger
$6.6M
Stockholders' EquityBook value
$24.3M
$-53.7M
Total Assets
$48.2M
$24.9M
Debt / EquityLower = less leverage
0.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SUNE
SUNE
WINA
WINA
Q4 25
$7.2M
$10.3M
Q3 25
$5.4M
$39.7M
Q2 25
$3.2M
$28.8M
Q1 25
$1.4M
$21.8M
Q4 24
$839.3K
$12.2M
Q3 24
$1.1M
$37.2M
Q2 24
$1.0M
$29.4M
Q1 24
$1.8M
$22.9M
Total Debt
SUNE
SUNE
WINA
WINA
Q4 25
$6.6M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
SUNE
SUNE
WINA
WINA
Q4 25
$24.3M
$-53.7M
Q3 25
$21.7M
$-26.3M
Q2 25
$22.1M
$-36.8M
Q1 25
$14.8M
$-45.9M
Q4 24
$8.5M
$-51.0M
Q3 24
$13.1M
$-33.7M
Q2 24
$-10.9M
$-42.2M
Q1 24
$-11.2M
$-52.6M
Total Assets
SUNE
SUNE
WINA
WINA
Q4 25
$48.2M
$24.9M
Q3 25
$49.6M
$53.7M
Q2 25
$44.1M
$43.2M
Q1 25
$44.4M
$37.1M
Q4 24
$45.7M
$26.8M
Q3 24
$51.0M
$52.0M
Q2 24
$52.9M
$44.7M
Q1 24
$54.7M
$38.3M
Debt / Equity
SUNE
SUNE
WINA
WINA
Q4 25
0.27×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SUNE
SUNE
WINA
WINA
Operating Cash FlowLast quarter
$2.1M
$8.5M
Free Cash FlowOCF − Capex
$8.5M
FCF MarginFCF / Revenue
40.3%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
0.81×
0.86×
TTM Free Cash FlowTrailing 4 quarters
$44.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SUNE
SUNE
WINA
WINA
Q4 25
$2.1M
$8.5M
Q3 25
$2.4M
$12.3M
Q2 25
$-130.2K
$9.0M
Q1 25
$-3.4M
$15.1M
Q4 24
$-1.9M
$8.5M
Q3 24
$-968.1K
$12.1M
Q2 24
$-776.4K
$8.2M
Q1 24
$-2.6M
$13.4M
Free Cash Flow
SUNE
SUNE
WINA
WINA
Q4 25
$8.5M
Q3 25
$2.4M
$12.2M
Q2 25
$9.0M
Q1 25
$15.0M
Q4 24
$-1.9M
Q3 24
$-980.3K
$12.1M
Q2 24
$-788.4K
$8.1M
Q1 24
$-2.7M
$13.3M
FCF Margin
SUNE
SUNE
WINA
WINA
Q4 25
40.3%
Q3 25
12.5%
53.8%
Q2 25
44.0%
Q1 25
68.6%
Q4 24
-12.4%
Q3 24
-6.7%
56.3%
Q2 24
-5.8%
40.4%
Q1 24
-20.1%
66.0%
Capex Intensity
SUNE
SUNE
WINA
WINA
Q4 25
0.1%
Q3 25
0.0%
0.3%
Q2 25
0.3%
Q1 25
0.2%
Q4 24
0.0%
0.0%
Q3 24
0.1%
0.0%
Q2 24
0.1%
0.5%
Q1 24
0.0%
0.4%
Cash Conversion
SUNE
SUNE
WINA
WINA
Q4 25
0.81×
0.86×
Q3 25
1.10×
Q2 25
0.85×
Q1 25
1.51×
Q4 24
0.88×
Q3 24
1.09×
Q2 24
0.79×
Q1 24
-2.20×
1.52×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

SUNE
SUNE

Transferred At Point In Time$15.1M55%
Hawaii Energy Connection$10.0M37%
Transferred Over Time$2.1M8%

WINA
WINA

Segment breakdown not available.

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