vs

Side-by-side financial comparison of Clarus Corp (CLAR) 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 $65.4M, roughly 1.2× Clarus Corp). SunPower Inc. runs the higher net margin — -17.8% vs -47.8%, a 30.0% gap on every dollar of revenue. On growth, Clarus Corp posted the faster year-over-year revenue change (-8.4% vs -10.1%). Over the past eight quarters, SunPower Inc.'s revenue compounded faster (118.7% CAGR vs -2.9%).

Clarus Corp is a global designer, manufacturer, and distributor of high-performance outdoor recreation, climbing, camping, and lifestyle products. It manages a portfolio of leading consumer brands, serving outdoor enthusiasts, professional athletes, and retail partners across North America, Europe, and the Asia-Pacific region, with a focus on innovative, durable gear for active lifestyles.

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...

CLAR vs SPWR — Head-to-Head

Bigger by revenue
SPWR
SPWR
1.2× larger
SPWR
$79.7M
$65.4M
CLAR
Growing faster (revenue YoY)
CLAR
CLAR
+1.7% gap
CLAR
-8.4%
-10.1%
SPWR
Higher net margin
SPWR
SPWR
30.0% more per $
SPWR
-17.8%
-47.8%
CLAR
Faster 2-yr revenue CAGR
SPWR
SPWR
Annualised
SPWR
118.7%
-2.9%
CLAR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CLAR
CLAR
SPWR
SPWR
Revenue
$65.4M
$79.7M
Net Profit
$-31.3M
$-14.2M
Gross Margin
27.7%
35.5%
Operating Margin
-59.6%
-27.4%
Net Margin
-47.8%
-17.8%
Revenue YoY
-8.4%
-10.1%
Net Profit YoY
52.3%
-130.1%
EPS (diluted)
$-0.81
$-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
CLAR
CLAR
SPWR
SPWR
Q4 25
$65.4M
$79.7M
Q3 25
$69.3M
$22.0M
Q2 25
$55.2M
$67.5M
Q1 25
$60.4M
$82.7M
Q4 24
$71.4M
$88.7M
Q3 24
$67.1M
Q2 24
$56.5M
Q1 24
$69.3M
Net Profit
CLAR
CLAR
SPWR
SPWR
Q4 25
$-31.3M
$-14.2M
Q3 25
$-1.6M
$-16.9M
Q2 25
$-8.4M
$-22.4M
Q1 25
$-5.2M
$8.1M
Q4 24
$-65.5M
$47.0M
Q3 24
$-3.2M
Q2 24
$-5.5M
Q1 24
$21.9M
Gross Margin
CLAR
CLAR
SPWR
SPWR
Q4 25
27.7%
35.5%
Q3 25
35.1%
Q2 25
35.6%
42.6%
Q1 25
34.4%
48.5%
Q4 24
33.4%
46.5%
Q3 24
35.0%
Q2 24
36.1%
Q1 24
35.9%
Operating Margin
CLAR
CLAR
SPWR
SPWR
Q4 25
-59.6%
-27.4%
Q3 25
-4.4%
-15.7%
Q2 25
-19.7%
-4.0%
Q1 25
-11.2%
1.3%
Q4 24
-70.2%
-24.2%
Q3 24
-8.0%
Q2 24
-14.4%
Q1 24
-9.8%
Net Margin
CLAR
CLAR
SPWR
SPWR
Q4 25
-47.8%
-17.8%
Q3 25
-2.3%
-76.9%
Q2 25
-15.3%
-33.2%
Q1 25
-8.7%
9.8%
Q4 24
-91.8%
53.0%
Q3 24
-4.7%
Q2 24
-9.7%
Q1 24
31.6%
EPS (diluted)
CLAR
CLAR
SPWR
SPWR
Q4 25
$-0.81
$-0.05
Q3 25
$-0.04
$-0.19
Q2 25
$-0.22
$-0.28
Q1 25
$-0.14
$0.00
Q4 24
$-1.72
$0.27
Q3 24
$-0.08
Q2 24
$-0.14
Q1 24
$0.57

Balance Sheet & Financial Strength

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

Metric
CLAR
CLAR
SPWR
SPWR
Cash + ST InvestmentsLiquidity on hand
$36.7M
$9.6M
Total DebtLower is stronger
$0
$164.8M
Stockholders' EquityBook value
$196.4M
$-90.1M
Total Assets
$249.0M
$241.2M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CLAR
CLAR
SPWR
SPWR
Q4 25
$36.7M
$9.6M
Q3 25
$29.5M
$5.1M
Q2 25
$28.5M
$11.1M
Q1 25
$41.3M
$10.6M
Q4 24
$45.4M
$13.4M
Q3 24
$36.4M
Q2 24
$46.2M
Q1 24
$47.5M
Total Debt
CLAR
CLAR
SPWR
SPWR
Q4 25
$0
$164.8M
Q3 25
$2.0M
$204.3M
Q2 25
$1.9M
$152.9M
Q1 25
$1.9M
Q4 24
$1.9M
$147.3M
Q3 24
Q2 24
Q1 24
$37.0K
Stockholders' Equity
CLAR
CLAR
SPWR
SPWR
Q4 25
$196.4M
$-90.1M
Q3 25
$225.8M
$-112.3M
Q2 25
$225.1M
$-107.2M
Q1 25
$229.3M
$-89.0M
Q4 24
$233.1M
$-97.5M
Q3 24
$308.5M
Q2 24
$307.3M
Q1 24
$310.4M
Total Assets
CLAR
CLAR
SPWR
SPWR
Q4 25
$249.0M
$241.2M
Q3 25
$283.1M
$208.3M
Q2 25
$286.5M
$163.1M
Q1 25
$292.8M
$147.8M
Q4 24
$294.1M
$144.5M
Q3 24
$375.3M
Q2 24
$369.4M
Q1 24
$377.0M
Debt / Equity
CLAR
CLAR
SPWR
SPWR
Q4 25
0.00×
Q3 25
0.01×
Q2 25
0.01×
Q1 25
0.01×
Q4 24
0.01×
Q3 24
Q2 24
Q1 24
0.00×

Cash Flow & Capital Efficiency

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

Metric
CLAR
CLAR
SPWR
SPWR
Operating Cash FlowLast quarter
$12.5M
$-1.9M
Free Cash FlowOCF − Capex
$11.6M
FCF MarginFCF / Revenue
17.7%
Capex IntensityCapex / Revenue
1.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-9.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CLAR
CLAR
SPWR
SPWR
Q4 25
$12.5M
$-1.9M
Q3 25
$-5.7M
$-6.4M
Q2 25
$-9.4M
$-4.4M
Q1 25
$-2.1M
$-2.6M
Q4 24
$16.6M
$-25.6M
Q3 24
$-8.3M
Q2 24
$834.0K
Q1 24
$-16.4M
Free Cash Flow
CLAR
CLAR
SPWR
SPWR
Q4 25
$11.6M
Q3 25
$-7.0M
Q2 25
$-11.3M
Q1 25
$-3.3M
Q4 24
$14.4M
Q3 24
$-9.4M
Q2 24
$-744.0K
Q1 24
$-18.3M
FCF Margin
CLAR
CLAR
SPWR
SPWR
Q4 25
17.7%
Q3 25
-10.0%
Q2 25
-20.4%
Q1 25
-5.4%
Q4 24
20.1%
Q3 24
-14.0%
Q2 24
-1.3%
Q1 24
-26.3%
Capex Intensity
CLAR
CLAR
SPWR
SPWR
Q4 25
1.4%
Q3 25
1.8%
Q2 25
3.4%
Q1 25
2.0%
Q4 24
3.1%
Q3 24
1.6%
Q2 24
2.8%
Q1 24
2.7%
Cash Conversion
CLAR
CLAR
SPWR
SPWR
Q4 25
Q3 25
Q2 25
Q1 25
-0.32×
Q4 24
-0.54×
Q3 24
Q2 24
Q1 24
-0.75×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CLAR
CLAR

Other$37.1M57%
Outdoor Segment$25.3M39%
Adventure Segment$3.0M5%

SPWR
SPWR

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

Related Comparisons