Financials · SPWR

SunPower Inc. (SPWR) financials

For the twelve months ended Jun 28, 2026, SunPower Inc. reported $283.12M of revenue and -$10.69M of net income.

Revenue, TTM
$283.12M
Revenue growth, YoY
+18.6%
Net income, TTM
-$10.69M
Net margin
-3.8%
Cash
$4.08M
Total debt
$179.80M
P/S
0.28
Market cap
$78.5M
Annual revenue$300.00M
FY2022FY2025
Annual net income-$45.35M
FY2021FY2025

SPWR revenue and earnings growth

SPWR revenueQ2 2026$54.86M

Quarter YoY
-17.0%
QoQ
-24.6%
FY YoY
+175.9%

SPWR revenue was $54.86M in fiscal Q2 2026 (ended Jun 28, 2026), down 17.0% from a year earlier and down 24.6% from the prior quarter. For the full fiscal 2025 it was $300.00M, up 175.9% from fiscal 2024. It rose in each of the last 3 fiscal years.

SPWR net incomeQ2 2026$6.89M

QoQ
+31.3%

SPWR net income was $6.89M in fiscal Q2 2026 (ended Jun 28, 2026), compared with -$27.34M a year earlier and up 31.3% from the prior quarter. For the full fiscal 2025 it was -$45.35M, compared with -$56.45M in fiscal 2024.

SPWR EPSQ2 2026$0.00

SPWR diluted EPS was $0.00 in fiscal Q2 2026 (ended Jun 28, 2026). For the full fiscal 2025 it was -$0.52, compared with -$1.22 in fiscal 2024.

Export CSV

Income statement

Income statement
Line item
Dec 28, 2025
Dec 29, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Revenue$300.00M$108.74M$87.62M$66.47M-
Cost of revenue$170.79M$69.24M$69.83M$46.65M-
Gross profit$129.21M$39.50M$17.79M$19.83M-
Selling, general and admin$90.10M$76.59M$32.10M$13.63M-
Operating income-$26.93M-$68.51M-$52.36M-$21.16M-$3.78M
Interest expense$25.09M$16.22M$14.03M$4.99M-
Pre-tax income-$42.68M-$54.44M-$96.22M-$28.00M-
Income tax$1.58M--$20.0K$27.0K-
Net income-$45.35M-$56.45M-$269.56M-$29.48M$5.13M
EPS, basic-$0.52-$0.85-$4.94-$1.31-
EPS, diluted-$0.52-$1.22-$4.94-$1.31-
Diluted shares87.1M75.8M24.7M22.5M-

Balance sheet

Balance sheet
Line item
Dec 28, 2025
Dec 29, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Cash and equivalents$9.62M$17.22M$6.42M$8.32M$5.28M
Receivables-$25.84M$26.28M$27.72M-
Inventory$4.38M$22.11M$3.06M$13.06M-
Current assets$112.85M$95.60M$37.75M$55.26M$1.00M
Goodwill$62.63M$18.48M---
Total assets$241.19M$144.47M$47.32M$228.18M$346.22M
Current liabilities$154.64M$79.44M$109.18M$60.11M$2.58M
Short-term debt$24.30M$1.50M$33.30M$0-
Long-term debt$155.29M$145.83M-$3.43M-
Total debt$179.59M$147.33M$28.66M$3.43M-
Total liabilities$331.33M$242.00M$124.14M$122.90M$23.14M
Shareholders' equity-$90.14M-$97.54M-$76.81M$105.28M-$21.39M

Cash flow

Cash flow
Line item
Dec 28, 2025
Dec 29, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Operating cash flow-$15.33M-$54.66M-$58.61M-$31.51M-$2.04M
Capital expenditures--$35.0K--
Free cash flow---$58.65M--
Investing cash flow-$19.34M-$54.66M$6.17M$3.33M-$345.00M
Financing cash flow$30.91M$120.10M$50.42M$31.19M$347.32M
Stock-based compensation$10.49M$3.07M$3.36M$433.0K-
Depreciation and amortization$3.00M$2.00M$930.0K$648.0K-

Key ratios

Key ratios
Line item
Dec 28, 2025
Dec 29, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Revenue growth, YoY175.9%24.1%31.8%--
Gross margin43.1%36.3%20.3%29.8%-
Operating margin-9.0%-63.0%-59.8%-31.8%-
Net margin-15.1%-51.9%-307.7%-44.3%-
Free cash flow margin---66.9%--
Return on equity----28.0%-
Return on assets-18.8%-39.1%-569.6%-12.9%1.5%
Current ratio0.731.200.350.920.39
Debt to equity---0.03-

Source: XBRL data SunPower Inc. files with the SEC, latest filing dated Aug 21, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

SPWR peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
SPWR$283.12M+18.6%-$10.69M-3.8%$78.5M
NVDA$302.97B+83.4%$192.88B63.7%$4.31T
TSMNT$3.81T+31.6%NT$1.70T44.6%$2.02T
AVGO$89.10B+48.7%$38.27B42.9%$1.53T
AMD$45.44B+41.9%$7.62B16.8%$834.12B
MU$133.19B+256.3%$84.97B63.8%$829.50B
INTC$59.89B+12.1%-$12.03B-20.1%$315.55B
AMAT$30.84B+7.8%$9.27B30.1%$294.06B

SPWR FAQ

7 questions
  • What is SPWR revenue?
    SunPower Inc. (SPWR) reported $283.12M of revenue for the twelve months ended Jun 28, 2026. That is up 18.6% from the year before. Revenue for fiscal 2025 was $300.00M.
  • Is SPWR profitable?
    No. SunPower Inc. reported a net loss of $10.69M for the twelve months ended Jun 28, 2026.
  • How much cash and debt does SPWR have?
    SunPower Inc. reported $4.08M in cash and cash equivalents and $179.80M of debt on its most recent balance sheet in SEC filings.
  • How fast is SPWR revenue growing?
    SunPower Inc.'s revenue changed +175.9% in fiscal 2025, to $300.00M.
  • What is SPWR gross margin?
    SunPower Inc.'s gross profit was $147.70M on $283.12M of revenue for the twelve months ended Jun 28, 2026, a gross margin of 52.2%.
  • When did SPWR last report financial results?
    The latest statements here come from SunPower Inc.'s 10-Q filed on Aug 21, 2026, covering the period ended Jun 28, 2026.
  • Where does this SPWR financial data come from?
    Quantisnow builds these statements from the structured XBRL data SunPower Inc. files with the SEC. It is provided for information only and is not investment advice.