SunPower Inc.SPWREarnings & Financial Report
SunPower Corporation is an American provider of photovoltaic solar energy generation systems and battery energy storage products, primarily for residential customers. The company, headquartered in San Jose, California, was founded in 1985 by Richard Swanson, an electrical engineering professor from Stanford University. Cypress Semiconductor bought a majority interest in the company in 2002, growing it quickly until SunPower went public in 2005. TotalEnergies, a French energy and oil company p...
Revenue
$88.7M
Gross Profit
$41.3M
Operating Profit
$-21.5M
Net Profit
$47.0M
Gross Margin
46.5%
Operating Margin
-24.2%
Net Margin
53.0%
YoY Growth
260.6%
EPS
$0.27
SunPower Inc. Q4 FY2024 Financial Summary
SunPower Inc. reported revenue of $88.7M (up 260.6% YoY) for Q4 FY2024, with a net profit of $47.0M (up 122.7% YoY) (53.0% margin). Cost of goods sold was $47.4M, operating expenses totaled $62.8M.
Key Financial Metrics
| Total Revenue | $88.7M |
|---|---|
| Net Profit | $47.0M |
| Gross Margin | 46.5% |
| Operating Margin | -24.2% |
| Report Period | Q4 FY2024 |
Revenue Breakdown
SunPower Inc. Q4 FY2024 revenue of $88.7M breaks down across 2 segments, led by Sun Power Acquisition at $83.8M (94.5% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Sun Power Acquisition | $83.8M | 94.5% |
| Other | $4.9M | 5.5% |
SunPower Inc. Annual Revenue by Year
SunPower Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $252.0M).
| Year | Annual Revenue |
|---|---|
| 2025 | $252.0M |
SunPower Inc. Quarterly Revenue & Net Profit History
SunPower Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $79.7M | -10.1% | $-14.2M | -17.8% |
| Q3 FY2025 | $22.0M | +297.1% | $-16.9M | -76.9% |
| Q2 FY2025 | $67.5M | +1403.2% | $-22.4M | -33.2% |
| Q1 FY2025 | $82.7M | +724.1% | $8.1M | 9.8% |
| Q4 FY2024 | $88.7M | +260.6% | $47.0M | 53.0% |
| Q3 FY2023 | $24.6M | — | $-206.9M | -841.3% |
| Q2 FY2023 | $25.6M | — | $-2.7M | -10.4% |
| Q1 FY2023 | $16.7M | — | $170.2K | 1.0% |
Income Statement
| Q1 2023 | Q2 2023 | Q3 2023 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $16.7M | $25.6M | $24.6M | $88.7M | $82.7M | $67.5M | $22.0M | $79.7M |
| YoY Growth | N/A | N/A | N/A | 260.6% | 724.1% | 1403.2% | 297.1% | -10.1% |
Balance Sheet
| Q1 2023 | Q2 2023 | Q3 2023 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $116.6M | $118.4M | N/A | $144.5M | $147.8M | $163.1M | $208.3M | $241.2M |
| Liabilities | $15.4M | $19.8M | N/A | $242.0M | $236.8M | $270.3M | $320.7M | $331.3M |
| Equity | $-15.3M | $-19.8M | $-50.8M | $-97.5M | $-89.0M | $-107.2M | $-112.3M | $-90.1M |
Cash Flow
| Q1 2023 | Q2 2023 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $-525382 | $15.4M | $-25.6M | $-2.6M | $-4.4M | $-6.4M | $-1.9M |