vs

Side-by-side financial comparison of Armour Residential REIT, Inc. (ARR) and SunPower Inc. (SPWR). Click either name above to swap in a different company.

SunPower Inc. is the larger business by last-quarter revenue ($79.7M vs $50.4M, roughly 1.6× Armour Residential REIT, Inc.). Armour Residential REIT, Inc. runs the higher net margin — 420.2% vs -17.8%, a 438.0% gap on every dollar of revenue. On growth, Armour Residential REIT, Inc. posted the faster year-over-year revenue change (297.9% vs -10.1%). Over the past eight quarters, SunPower Inc.'s revenue compounded faster (118.7% CAGR vs 108.0%).

Armour Residential REIT, Inc. is a U.S.-based real estate investment trust that primarily invests in agency residential mortgage-backed securities guaranteed by U.S. government-sponsored entities. It focuses on generating consistent long-term net income for shareholders via strategic asset management and active interest rate risk mitigation.

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...

ARR vs SPWR — Head-to-Head

Bigger by revenue
SPWR
SPWR
1.6× larger
SPWR
$79.7M
$50.4M
ARR
Growing faster (revenue YoY)
ARR
ARR
+308.0% gap
ARR
297.9%
-10.1%
SPWR
Higher net margin
ARR
ARR
438.0% more per $
ARR
420.2%
-17.8%
SPWR
Faster 2-yr revenue CAGR
SPWR
SPWR
Annualised
SPWR
118.7%
108.0%
ARR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ARR
ARR
SPWR
SPWR
Revenue
$50.4M
$79.7M
Net Profit
$211.7M
$-14.2M
Gross Margin
35.5%
Operating Margin
-27.4%
Net Margin
420.2%
-17.8%
Revenue YoY
297.9%
-10.1%
Net Profit YoY
555.9%
-130.1%
EPS (diluted)
$2.43
$-0.05

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
ARR
ARR
SPWR
SPWR
Q4 25
$50.4M
$79.7M
Q3 25
$38.5M
$22.0M
Q2 25
$33.1M
$67.5M
Q1 25
$36.3M
$82.7M
Q4 24
$12.7M
$88.7M
Q2 24
$7.0M
Q4 23
$24.6M
Q2 23
$25.6M
Net Profit
ARR
ARR
SPWR
SPWR
Q4 25
$211.7M
$-14.2M
Q3 25
$159.3M
$-16.9M
Q2 25
$-75.6M
$-22.4M
Q1 25
$27.3M
$8.1M
Q4 24
$-46.4M
$47.0M
Q2 24
$-48.4M
Q4 23
$-206.9M
Q2 23
$-2.7M
Gross Margin
ARR
ARR
SPWR
SPWR
Q4 25
35.5%
Q3 25
Q2 25
42.6%
Q1 25
48.5%
Q4 24
46.5%
Q2 24
Q4 23
25.4%
Q2 23
23.5%
Operating Margin
ARR
ARR
SPWR
SPWR
Q4 25
-27.4%
Q3 25
-15.7%
Q2 25
-4.0%
Q1 25
1.3%
Q4 24
-24.2%
Q2 24
Q4 23
-45.1%
Q2 23
-5.9%
Net Margin
ARR
ARR
SPWR
SPWR
Q4 25
420.2%
-17.8%
Q3 25
413.5%
-76.9%
Q2 25
-228.4%
-33.2%
Q1 25
75.2%
9.8%
Q4 24
-366.8%
53.0%
Q2 24
-693.8%
Q4 23
-841.3%
Q2 23
-10.4%
EPS (diluted)
ARR
ARR
SPWR
SPWR
Q4 25
$2.43
$-0.05
Q3 25
$1.49
$-0.19
Q2 25
$-0.94
$-0.28
Q1 25
$0.32
$0.00
Q4 24
$-0.91
$0.27
Q2 24
$-1.05
Q4 23
$-5.20
Q2 23
$-0.41

Balance Sheet & Financial Strength

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

Metric
ARR
ARR
SPWR
SPWR
Cash + ST InvestmentsLiquidity on hand
$63.3M
$9.6M
Total DebtLower is stronger
$164.8M
Stockholders' EquityBook value
$2.3B
$-90.1M
Total Assets
$21.0B
$241.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARR
ARR
SPWR
SPWR
Q4 25
$63.3M
$9.6M
Q3 25
$44.2M
$5.1M
Q2 25
$141.2M
$11.1M
Q1 25
$49.1M
$10.6M
Q4 24
$68.0M
$13.4M
Q2 24
$126.6M
Q4 23
Q2 23
Total Debt
ARR
ARR
SPWR
SPWR
Q4 25
$164.8M
Q3 25
$204.3M
Q2 25
$152.9M
Q1 25
Q4 24
$147.3M
Q2 24
Q4 23
Q2 23
Stockholders' Equity
ARR
ARR
SPWR
SPWR
Q4 25
$2.3B
$-90.1M
Q3 25
$2.1B
$-112.3M
Q2 25
$1.7B
$-107.2M
Q1 25
$1.7B
$-89.0M
Q4 24
$1.4B
$-97.5M
Q2 24
$1.2B
Q4 23
$-50.8M
Q2 23
$-19.8M
Total Assets
ARR
ARR
SPWR
SPWR
Q4 25
$21.0B
$241.2M
Q3 25
$19.4B
$208.3M
Q2 25
$16.2B
$163.1M
Q1 25
$15.5B
$147.8M
Q4 24
$13.5B
$144.5M
Q2 24
$10.1B
Q4 23
Q2 23
$118.4M

Cash Flow & Capital Efficiency

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

Metric
ARR
ARR
SPWR
SPWR
Operating Cash FlowLast quarter
$124.2M
$-1.9M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.59×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ARR
ARR
SPWR
SPWR
Q4 25
$124.2M
$-1.9M
Q3 25
$-37.8M
$-6.4M
Q2 25
$25.0M
$-4.4M
Q1 25
$101.5M
$-2.6M
Q4 24
$261.5M
$-25.6M
Q2 24
$27.1M
Q4 23
Q2 23
$15.4M
Capex Intensity
ARR
ARR
SPWR
SPWR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q2 24
Q4 23
2.0%
Q2 23
0.0%
Cash Conversion
ARR
ARR
SPWR
SPWR
Q4 25
0.59×
Q3 25
-0.24×
Q2 25
Q1 25
3.71×
-0.32×
Q4 24
-0.54×
Q2 24
Q4 23
Q2 23

Financial Flow Comparison

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

Revenue Breakdown by Segment

ARR
ARR

Segment breakdown not available.

SPWR
SPWR

Residential Solar Installation$46.9M59%
New Homes Business$22.7M29%
Other$10.1M13%

Related Comparisons