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Side-by-side financial comparison of Fathom Holdings Inc. (FTHM) and SunPower Inc. (SPWR). Click either name above to swap in a different company.

Fathom Holdings Inc. is the larger business by last-quarter revenue ($90.6M vs $79.7M, roughly 1.1× SunPower Inc.). Fathom Holdings Inc. runs the higher net margin — -7.4% vs -17.8%, a 10.3% gap on every dollar of revenue. On growth, Fathom Holdings Inc. posted the faster year-over-year revenue change (-1.2% vs -10.1%). Over the past eight quarters, SunPower Inc.'s revenue compounded faster (118.7% CAGR vs 13.4%).

Fathom Holdings Inc. is a US-based real estate technology and services enterprise. It provides end-to-end solutions for real estate agents, brokers, and consumers, including digital transaction management tools, mortgage services, title insurance, and residential property brokerage services, covering most regional markets across the United States.

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...

FTHM vs SPWR — Head-to-Head

Bigger by revenue
FTHM
FTHM
1.1× larger
FTHM
$90.6M
$79.7M
SPWR
Growing faster (revenue YoY)
FTHM
FTHM
+8.8% gap
FTHM
-1.2%
-10.1%
SPWR
Higher net margin
FTHM
FTHM
10.3% more per $
FTHM
-7.4%
-17.8%
SPWR
Faster 2-yr revenue CAGR
SPWR
SPWR
Annualised
SPWR
118.7%
13.4%
FTHM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FTHM
FTHM
SPWR
SPWR
Revenue
$90.6M
$79.7M
Net Profit
$-6.7M
$-14.2M
Gross Margin
35.5%
Operating Margin
-5.2%
-27.4%
Net Margin
-7.4%
-17.8%
Revenue YoY
-1.2%
-10.1%
Net Profit YoY
-7.7%
-130.1%
EPS (diluted)
$-0.20
$-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
FTHM
FTHM
SPWR
SPWR
Q4 25
$90.6M
$79.7M
Q3 25
$115.3M
$22.0M
Q2 25
$121.4M
$67.5M
Q1 25
$93.1M
$82.7M
Q4 24
$91.7M
$88.7M
Q3 24
$83.7M
Q2 24
$89.2M
Q1 24
$70.5M
Net Profit
FTHM
FTHM
SPWR
SPWR
Q4 25
$-6.7M
$-14.2M
Q3 25
$-4.4M
$-16.9M
Q2 25
$-3.6M
$-22.4M
Q1 25
$-5.6M
$8.1M
Q4 24
$-6.2M
$47.0M
Q3 24
$-8.1M
Q2 24
$-1.3M
Q1 24
$-5.9M
Gross Margin
FTHM
FTHM
SPWR
SPWR
Q4 25
35.5%
Q3 25
Q2 25
42.6%
Q1 25
48.5%
Q4 24
46.5%
Q3 24
Q2 24
Q1 24
Operating Margin
FTHM
FTHM
SPWR
SPWR
Q4 25
-5.2%
-27.4%
Q3 25
-3.5%
-15.7%
Q2 25
-2.0%
-4.0%
Q1 25
-4.8%
1.3%
Q4 24
-7.0%
-24.2%
Q3 24
-9.3%
Q2 24
-4.1%
Q1 24
-8.0%
Net Margin
FTHM
FTHM
SPWR
SPWR
Q4 25
-7.4%
-17.8%
Q3 25
-3.8%
-76.9%
Q2 25
-3.0%
-33.2%
Q1 25
-6.1%
9.8%
Q4 24
-6.8%
53.0%
Q3 24
-9.7%
Q2 24
-1.5%
Q1 24
-8.4%
EPS (diluted)
FTHM
FTHM
SPWR
SPWR
Q4 25
$-0.20
$-0.05
Q3 25
$-0.15
$-0.19
Q2 25
$-0.13
$-0.28
Q1 25
$-0.24
$0.00
Q4 24
$-0.29
$0.27
Q3 24
$-0.40
Q2 24
$-0.07
Q1 24
$-0.31

Balance Sheet & Financial Strength

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

Metric
FTHM
FTHM
SPWR
SPWR
Cash + ST InvestmentsLiquidity on hand
$5.8M
$9.6M
Total DebtLower is stronger
$5.6M
$164.8M
Stockholders' EquityBook value
$37.4M
$-90.1M
Total Assets
$78.0M
$241.2M
Debt / EquityLower = less leverage
0.15×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FTHM
FTHM
SPWR
SPWR
Q4 25
$5.8M
$9.6M
Q3 25
$9.8M
$5.1M
Q2 25
$4.9M
$11.1M
Q1 25
$8.0M
$10.6M
Q4 24
$7.1M
$13.4M
Q3 24
$13.1M
Q2 24
$10.4M
Q1 24
$5.7M
Total Debt
FTHM
FTHM
SPWR
SPWR
Q4 25
$5.6M
$164.8M
Q3 25
$5.1M
$204.3M
Q2 25
$5.1M
$152.9M
Q1 25
$5.1M
Q4 24
$9.5M
$147.3M
Q3 24
$8.8M
Q2 24
$3.6M
Q1 24
$3.7M
Stockholders' Equity
FTHM
FTHM
SPWR
SPWR
Q4 25
$37.4M
$-90.1M
Q3 25
$43.4M
$-112.3M
Q2 25
$40.7M
$-107.2M
Q1 25
$43.4M
$-89.0M
Q4 24
$44.7M
$-97.5M
Q3 24
$47.1M
Q2 24
$53.1M
Q1 24
$51.9M
Total Assets
FTHM
FTHM
SPWR
SPWR
Q4 25
$78.0M
$241.2M
Q3 25
$83.2M
$208.3M
Q2 25
$80.4M
$163.1M
Q1 25
$81.0M
$147.8M
Q4 24
$75.4M
$144.5M
Q3 24
$80.9M
Q2 24
$80.2M
Q1 24
$78.2M
Debt / Equity
FTHM
FTHM
SPWR
SPWR
Q4 25
0.15×
Q3 25
0.12×
Q2 25
0.12×
Q1 25
0.12×
Q4 24
0.21×
Q3 24
0.19×
Q2 24
0.07×
Q1 24
0.07×

Cash Flow & Capital Efficiency

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

Metric
FTHM
FTHM
SPWR
SPWR
Operating Cash FlowLast quarter
$-20.5M
$-1.9M
Free Cash FlowOCF − Capex
$-20.7M
FCF MarginFCF / Revenue
-22.8%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-29.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FTHM
FTHM
SPWR
SPWR
Q4 25
$-20.5M
$-1.9M
Q3 25
$3.0M
$-6.4M
Q2 25
$-5.9M
$-4.4M
Q1 25
$-5.7M
$-2.6M
Q4 24
$-4.7M
$-25.6M
Q3 24
$-330.0K
Q2 24
$-3.1M
Q1 24
$-947.0K
Free Cash Flow
FTHM
FTHM
SPWR
SPWR
Q4 25
$-20.7M
Q3 25
$3.0M
Q2 25
$-6.0M
Q1 25
$-5.8M
Q4 24
$-4.7M
Q3 24
$-364.0K
Q2 24
$-3.1M
Q1 24
$-948.0K
FCF Margin
FTHM
FTHM
SPWR
SPWR
Q4 25
-22.8%
Q3 25
2.6%
Q2 25
-4.9%
Q1 25
-6.2%
Q4 24
-5.2%
Q3 24
-0.4%
Q2 24
-3.5%
Q1 24
-1.3%
Capex Intensity
FTHM
FTHM
SPWR
SPWR
Q4 25
0.1%
Q3 25
0.0%
Q2 25
0.0%
Q1 25
0.0%
Q4 24
0.1%
Q3 24
0.0%
Q2 24
0.0%
Q1 24
0.0%
Cash Conversion
FTHM
FTHM
SPWR
SPWR
Q4 25
Q3 25
Q2 25
Q1 25
-0.32×
Q4 24
-0.54×
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

FTHM
FTHM

Real Estate Brokerage$84.9M94%
Mortgage Segment$3.4M4%
Other$2.3M3%

SPWR
SPWR

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

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