SPWR

MKT CAP:$86M

SunPower Inc.

Market Cap

$86M

Energy·Solar·🇺🇸 United States·NASDAQ

Energy·Solar·🇺🇸·NASDAQ

Stock Price

$1.17-$0.48 (-29.08%)

Apr 21, 2026

Company Details

SunPower, Inc. is a solar technology, services, and installation company. It offers sales enablement, project management, partner coordination, and customer communication. The company was founded William J. Anderson by in 2010 and is headqu...

CEO

Thurman John Rodgers

IPO Date

Nov 17, 2005

Website

us.sunpower.com

Key Metrics TTM

Revenue

$327M

-41.5% YoY

Net Income

$32M

EPS (Diluted)

$0.05

Free Cash Flow

-$54M

Revenue / Share

$0.39

Gross Margin

48.6%

Operating Margin

-7.4%

Net Margin

9.6%

FCF Margin

-16.6%

P/S

0.3x

P/E

2.7x

Earnings Reports

Q1 2026

Apr 30, 2026

PENDING

FY 2025

Feb 2, 2026

$309MEPS -$0.07

Q4 2025

Feb 2, 2026

$88M-0.2%EPS -$0.00

Q2 2025

Aug 13, 2025

$68MEPS -$0.05

Q1 2025

Mar 31, 2025

$83M+724.1%EPS $0.00

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 20	$342M	$75M	$24M
Q2 21	$261M	$61M	$13M
Q3 21	$283M	$62M	$17M
Q1 24	$10M	$2M	-$8M
Q3 24	$6M	-$3M	-$30M
Q4 24	$89M	$41M	-$22M
Q1 25	$83M	$40M	$1M
Q2 25	$68M	$29M	-$3M
Q4 25	$88M	$49M	-$1M

Valuation

Quarter	P/S	P/E
Q4 20	—	—
Q2 21	—	—
Q3 21	—	—
Q1 24	0.1x	0.2x
Q3 24	0.4x	—
Q4 24	0.3x	—
Q1 25	0.6x	—
Q2 25	0.6x	—
Q4 25	0.4x	4.3x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 15	-$297M	-$425M
Q4 20	$15M	$15M
Q2 21	$22M	$17M
Q3 21	-$24M	-$24M
Q1 24	-$5M	-$5M
Q3 24	-$21M	-$22M
Q4 24	-$26M	-$26M
Q1 25	-$3M	-$3M
Q2 25	-$4M	-$4M

Capital Expenditures

Quarter	CapEx
Q4 15	$128M
Q4 20	$0
Q2 21	$5M
Q3 21	$0
Q1 24	$536.0K
Q3 24	$161.0K
Q4 24	$113.0K
Q1 25	$0
Q2 25	$0

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q3 24	-98.4%	-88.8%
Q4 24	-66.0%	-55.5%
Q1 25	-70.8%	-69.3%
Q2 25	+572.5%	+299.5%
Q4 25	+1498.4%	+152.4%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 15	$16M	—
Q4 20	$6M	1.8%
Q2 21	$10M	3.7%
Q3 21	$5M	1.7%
Q1 24	$1M	13.4%
Q3 24	$2M	27.4%
Q4 24	-$1M	-1.1%
Q1 25	$314.0K	0.4%
Q2 25	$4M	5.5%

OpEx Breakdown

Quarter	R&D	G&A	S&M	SG&A
Q4 20	$3M	$53M	—	—
Q2 21	$4M	—	—	$49M
Q3 21	$3M	—	—	$44M
Q1 24	—	$5M	$5M	—
Q3 24	—	$18M	$8M	—
Q4 24	—	$47M	$16M	—
Q1 25	—	$25M	$15M	—
Q2 25	—	$16M	$16M	—
Q4 25	—	—	—	$50M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$142M	$309M	$451M
Q2 22	$206M	$294M	$500M
Q3 22	$397M	$139M	$535M
Q4 22	$377M	$132M	$510M
Q1 23	$116M	$0	$116M
Q2 23	$114M	$0	$114M
Q3 23	$2M	$0	$2M
Q4 23	$3M	$0	$3M
Q1 24	$2M	$0	$2M
Q2 24	$2M	$0	$2M
Q3 24	$80M	$0	$80M
Q4 24	$13M	$0	$13M
Q1 25	$11M	$0	$11M
Q2 25	$11M	$0	$11M
Q3 25	$5M	$0	$5M
Q4 25	$10M	$0	$10M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 20	200M	—	—
Q2 21	194M	-2.9%	—
Q3 21	173M	-11.1%	—
Q1 24	149M	-13.9%	—
Q3 24	486M	+226.4%	+142.7%
Q4 24	486M	0.0%	+149.9%
Q1 25	486M	0.0%	+180.9%
Q2 25	486M	0.0%	+226.4%
Q4 25	849M	+74.8%	+74.8%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q4 20	—	—
Q2 21	—	—
Q3 21	—	—
Q1 24	$74.9K	134
Q3 24	$41.3K	134
Q4 24	$147.8K	600
Q1 25	$137.9K	600
Q2 25	$112.5K	600
Q4 25	$147.5K	600

Revenue / Employee