Emeren Group, Ltd. (SOL) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 |
|---|
| Sales/Revenue | 15.64M | 12.88M | 8.15M | 34.55M | 12.86M | 30.06M | 14.6M | 44.97M | 13.95M | 33.85M | 12.88M | 20.68M | 23.9M | 8.21M | 3.51M | 22.82M | 15.54M | 18.53M | 22.77M | 16.4M |
| Revenue Growth % | 21.63% | -57.14% | -44.15% | -23.17% | -7.8% | -11.19% | 13.39% | 117.46% | -41.65% | 312.45% | 266.42% | -9.36% | 53.82% | -55.72% | -84.57% | 39.11% | 59.4% | -29.24% | 7.62% | -38.17% |
| Cost of Goods Sold | 6.13M | 6.21M | 4.95M | 29.76M | 7.23M | 20.68M | 10.28M | 39.9M | 8.26M | 21.18M | 11.28M | 18.72M | 19.39M | 4.52M | 2.37M | 15.57M | 9.45M | 7.24M | 15.97M | 14.42M |
| COGS % of Revenue | 39.17% | 48.24% | 60.65% | 86.14% | 56.21% | 68.79% | 70.4% | 88.72% | 59.24% | 62.59% | 87.63% | 90.51% | 81.11% | 55.05% | 67.53% | 68.25% | 60.84% | 39.04% | 70.14% | 87.89% |
| Gross Profit | 9.52M | 6.67M | 3.21M | 4.79M | 5.63M | 9.38M | 4.32M | 5.07M | 5.68M | 12.66M | 1.59M | 1.96M | 4.52M | 3.69M | 1.14M | 7.24M | 6.09M | 11.3M | 6.8M | 1.99M |
| Gross Margin % | 60.83% | 51.76% | 39.35% | 13.86% | 43.79% | 31.21% | 29.6% | 11.28% | 40.76% | 37.41% | 12.37% | 9.49% | 18.89% | 44.95% | 32.47% | 31.75% | 39.16% | 60.96% | 29.86% | 12.11% |
| Gross Profit Growth % | 68.98% | -28.94% | -25.75% | -5.64% | -0.95% | -25.9% | 171.31% | 158.45% | 25.89% | 243.24% | 39.61% | -72.9% | -25.8% | -67.34% | -83.22% | 264.7% | 3.07% | 51.97% | 399.63% | -72.18% |
| Operating Expenses | 2.69M | 40.49M | 7.31M | 9.18M | 3.49M | 6.42M | 5.54M | 11.82M | 9.64M | 7.62M | 4.6M | 7.2M | 3.5M | 3.91M | 3.36M | 8.68M | 3.37M | 4M | 2.72M | 1.51M |
| OpEx % of Revenue | 17.22% | 314.32% | 89.61% | 26.56% | 27.14% | 21.37% | 37.91% | 26.28% | 69.14% | 22.5% | 35.69% | 34.79% | 14.65% | 47.66% | 95.62% | 38.06% | 21.69% | 21.6% | 11.93% | 9.19% |
| Selling, General & Admin | 1.34M | 9.71M | 4.52M | 9.26M | 3.97M | 5.41M | 4.68M | 9.38M | 7.04M | 5.46M | 4.49M | 7.04M | 3.6M | 3.88M | 3.11M | 7.7M | 3.45M | 3.28M | 2.87M | 8.94M |
| SG&A % of Revenue | 8.57% | 75.39% | 55.38% | 26.79% | 30.85% | 18% | 32.08% | 20.85% | 50.46% | 16.12% | 34.86% | 34.05% | 15.05% | 47.22% | 88.5% | 33.75% | 22.18% | 17.71% | 12.62% | 54.53% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 1000K | 1000K | -80K | -477K | 1000K | 852K | 1000K | 1000K | 1000K | 108K | 154.56K | -95K | 36K | 250K | 982K | -76K | 721K | -158K | -1000K |
| Operating Income | 6.82M | -33.82M | -4.1M | -4.39M | 2.14M | 2.96M | -1.21M | -6.75M | -3.96M | 5.05M | -3M | -5.23M | 1.01M | -222K | -2.22M | -1.44M | 2.71M | 7.29M | 4.08M | 478K |
| Operating Margin % | 43.61% | -262.56% | -50.26% | -12.7% | 16.65% | 9.84% | -8.31% | -15% | -28.38% | 14.91% | -23.32% | -25.3% | 4.24% | -2.71% | -63.15% | -6.31% | 17.47% | 39.36% | 17.93% | 2.91% |
| Operating Income Growth % | 218.59% | -1242.95% | -237.84% | 34.94% | 154.08% | -41.36% | 59.61% | -28.9% | -490.43% | 2372.97% | -35.33% | -263.39% | -62.65% | -103.04% | -154.33% | -401.26% | -5.57% | 59.72% | 458.56% | 103.59% |
| EBITDA | 8.82M | -31.46M | -1.99M | -2.48M | 3.94M | 4.36M | 538K | -4.37M | -2.1M | 6.59M | -953K | -4.28M | 1.01M | 1.32M | -1.59M | 503K | 4.31M | 8.85M | 5.78M | 2.29M |
| EBITDA Margin % | 56.41% | -244.24% | -24.41% | -7.16% | 30.65% | 14.5% | 3.68% | -9.71% | -15.02% | 19.47% | -7.4% | -20.68% | 4.24% | 16.07% | -45.25% | 2.2% | 27.74% | 47.77% | 25.38% | 13.94% |
| EBITDA Growth % | 123.89% | -821.73% | -469.89% | 43.32% | 288.11% | -33.85% | 156.45% | -2.1% | -306.61% | 399.62% | 40.06% | -950.31% | -76.48% | -85.1% | -127.5% | -78% | -9.85% | 39.2% | 288.86% | 119.05% |
| D&A (Non-Cash Add-back) | 2M | 2.36M | 2.11M | 1.91M | 1.8M | 1.4M | 1.75M | 2.38M | 1.86M | 1.54M | 2.05M | 0 | 0 | 1.54M | 0 | 1.94M | 1.6M | 1.56M | 1.7M | 0 |
| EBIT | 6.69M | -24.98M | 2.52M | -13.25M | 7M | 2.61M | -3.95M | -666K | -3.96M | 5.05M | 370K | -4.28M | 1.01M | -222K | -1.59M | -997K | 2.3M | 8.52M | 2.73M | 2.29M |
| Net Interest Income | -1.25M | -293K | 37K | -231K | -431K | -33K | 135K | -574K | -79K | 375K | -133K | -809K | -1.01M | -341K | -351K | -1.42M | -697K | -406K | -981K | -1M |
| Interest Income | 303K | 452K | 416K | 181K | 243K | 485K | 520K | 190K | 448K | 568K | 588K | 557K | 135K | 473K | 357K | 254K | 278K | 603K | 520K | 419K |
| Interest Expense | 1.56M | 745K | 379K | 412K | 674K | 518K | 385K | 764K | 527K | 193K | 721K | 1.37M | 1.14M | 814K | 708K | 1.67M | 975K | 1.01M | 1.5M | 1.42M |
| Other Income/Expense | -1.69M | 8.1M | 6.24M | -9.28M | 4.18M | -871K | -3.12M | 5.32M | -4.81M | 2.6M | 2.65M | 454.89K | -1.34M | 607K | 278K | -1.23M | -1.39M | 213K | -2.86M | 384K |
| Pretax Income | 5.13M | -25.72M | 2.14M | -13.67M | 6.32M | 2.09M | -4.33M | -1.43M | -8.77M | 7.64M | -351K | -4.78M | -324K | 385K | -1.94M | -2.67M | 1.32M | 7.51M | 1.23M | 862K |
| Pretax Margin % | 32.81% | -199.69% | 26.21% | -39.55% | 49.15% | 6.95% | -29.66% | -3.18% | -62.85% | 22.59% | -2.73% | -23.1% | -1.36% | 4.69% | -55.24% | -11.68% | 8.52% | 40.51% | 5.38% | 5.26% |
| Income Tax | 1.66M | 1.14M | 658K | -1.12M | 647K | 1.34M | 1.16M | 2.05M | 251K | -37K | 264K | 1.29M | 171K | 349K | 107K | 251K | 197K | -75K | 401K | -19K |
| Effective Tax Rate % | 32.4% | -4.43% | 30.79% | 8.22% | 10.24% | 64.27% | -26.71% | -143.43% | -2.86% | -0.48% | -75.21% | -27% | -52.78% | 90.65% | -5.51% | -9.41% | 14.88% | -1% | 32.73% | -2.2% |
| Net Income | 3.47M | 1.45M | 1.54M | -11.79M | 4.84M | 392K | -5.92M | -1.95M | -9.39M | 8.35M | -194K | -5.74M | -1.07M | -204K | -1.69M | -1.58M | 711K | 6.95M | 774K | 1.98M |
| Net Margin % | 22.18% | 11.28% | 18.89% | -34.12% | 37.66% | 1.3% | -40.58% | -4.34% | -67.32% | 24.66% | -1.51% | -27.75% | -4.48% | -2.49% | -47.95% | -6.91% | 4.58% | 37.52% | 3.4% | 12.04% |
| Net Income Growth % | -28.37% | 270.66% | 125.99% | -504.46% | 151.58% | -95.3% | -2954.12% | 66.02% | -776.75% | 4192.16% | 88.49% | -264.13% | -250.63% | -102.93% | -317.7% | -179.8% | -66.32% | 125.38% | 117.61% | 118.05% |
| Net Income (Continuing) | 3.47M | -26.86M | 1.48M | -12.54M | 5.67M | 746K | -5.49M | -3.48M | -9.02M | 7.68M | -615K | -6.07M | -495K | 36K | -2.05M | -2.92M | 1.13M | 7.58M | 824K | 881K |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 13.14M | 9.73M | 37.59M | 37.5M | 39.84M | 37.8M | 37.75M | 38M | 38.33M | 38.24M | 40.95M | 41.35M | 40.65M | 42.31M | 44.16M | 44.41M | 45.44M | 45.01M | 43.84M | 44.12M |
| EPS (Diluted) | 0.07 | 0.03 | 0.03 | -0.23 | 0.09 | 0.01 | -0.11 | -0.15 | -0.17 | 0.14 | -0.00 | 0.08 | 0.05 | -0.00 | -0.03 | -0.02 | 0.01 | 0.10 | 0.01 | 0.04 |
| EPS Growth % | -27.66% | - | 127.27% | -53.33% | 155.29% | -94.29% | - | -287.5% | -477.78% | - | 90% | 447.83% | 350% | -103% | -400% | -157.5% | -75% | 66.67% | 110.99% | 117.39% |
| EPS (Basic) | 0.07 | 0.03 | 0.03 | -0.23 | 0.10 | 0.01 | -0.11 | -0.15 | -0.17 | 0.15 | -0.00 | 0.08 | 0.05 | -0.00 | -0.03 | -0.02 | 0.01 | 0.10 | 0.01 | 0.04 |
| Diluted Shares Outstanding | 51.34M | 51.34M | 51.85M | 51.35M | 51.35M | 51.37M | 53.55M | 55.2M | 56.29M | 57.6M | 57.41M | 60.82M | 66.26M | 67.56M | 66.92M | 69.5M | 70.43M | 70.55M | 67.27M | 53.96M |
| Basic Shares Outstanding | 51.32M | 51.32M | 51.32M | 51.32M | 51.26M | 51.28M | 53.55M | 55.2M | 56.29M | 57.23M | 57.41M | 60.27M | 65.62M | 66.96M | 66.92M | 69.5M | 69.76M | 69.75M | 77.41M | 53.33M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |