vs

Side-by-side financial comparison of InvenTrust Properties Corp. (IVT) 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 $77.4M, roughly 1.0× InvenTrust Properties Corp.). InvenTrust Properties Corp. runs the higher net margin — 3.4% vs -17.8%, a 21.2% gap on every dollar of revenue. On growth, InvenTrust Properties Corp. posted the faster year-over-year revenue change (8.6% vs -10.1%). Over the past eight quarters, SunPower Inc.'s revenue compounded faster (118.7% CAGR vs 7.6%).

InvenTrust Properties Corp. is a real estate investment trust that invests in shopping malls. As of December 31, 2024, the company owned interests in 68 properties comprising 11.0 million square feet.

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...

IVT vs SPWR — Head-to-Head

Bigger by revenue
SPWR
SPWR
1.0× larger
SPWR
$79.7M
$77.4M
IVT
Growing faster (revenue YoY)
IVT
IVT
+18.7% gap
IVT
8.6%
-10.1%
SPWR
Higher net margin
IVT
IVT
21.2% more per $
IVT
3.4%
-17.8%
SPWR
Faster 2-yr revenue CAGR
SPWR
SPWR
Annualised
SPWR
118.7%
7.6%
IVT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
IVT
IVT
SPWR
SPWR
Revenue
$77.4M
$79.7M
Net Profit
$2.7M
$-14.2M
Gross Margin
35.5%
Operating Margin
-11.0%
-27.4%
Net Margin
3.4%
-17.8%
Revenue YoY
8.6%
-10.1%
Net Profit YoY
-72.8%
-130.1%
EPS (diluted)
$0.02
$-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
IVT
IVT
SPWR
SPWR
Q4 25
$77.4M
$79.7M
Q3 25
$74.5M
$22.0M
Q2 25
$73.6M
$67.5M
Q1 25
$73.8M
$82.7M
Q4 24
$71.2M
$88.7M
Q3 24
$68.5M
Q2 24
$67.4M
Q1 24
$66.8M
Net Profit
IVT
IVT
SPWR
SPWR
Q4 25
$2.7M
$-14.2M
Q3 25
$6.0M
$-16.9M
Q2 25
$95.9M
$-22.4M
Q1 25
$6.8M
$8.1M
Q4 24
$9.8M
$47.0M
Q3 24
$-539.0K
Q2 24
$1.5M
Q1 24
$2.9M
Gross Margin
IVT
IVT
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
IVT
IVT
SPWR
SPWR
Q4 25
-11.0%
-27.4%
Q3 25
-9.8%
-15.7%
Q2 25
-4.0%
Q1 25
-10.5%
1.3%
Q4 24
-3.6%
-24.2%
Q3 24
-18.7%
Q2 24
-13.6%
Q1 24
-13.1%
Net Margin
IVT
IVT
SPWR
SPWR
Q4 25
3.4%
-17.8%
Q3 25
8.1%
-76.9%
Q2 25
130.4%
-33.2%
Q1 25
9.2%
9.8%
Q4 24
13.8%
53.0%
Q3 24
-0.8%
Q2 24
2.2%
Q1 24
4.3%
EPS (diluted)
IVT
IVT
SPWR
SPWR
Q4 25
$0.02
$-0.05
Q3 25
$0.08
$-0.19
Q2 25
$1.23
$-0.28
Q1 25
$0.09
$0.00
Q4 24
$0.14
$0.27
Q3 24
$-0.01
Q2 24
$0.02
Q1 24
$0.04

Balance Sheet & Financial Strength

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

Metric
IVT
IVT
SPWR
SPWR
Cash + ST InvestmentsLiquidity on hand
$9.6M
Total DebtLower is stronger
$825.9M
$164.8M
Stockholders' EquityBook value
$1.8B
$-90.1M
Total Assets
$2.8B
$241.2M
Debt / EquityLower = less leverage
0.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IVT
IVT
SPWR
SPWR
Q4 25
$9.6M
Q3 25
$5.1M
Q2 25
$11.1M
Q1 25
$10.6M
Q4 24
$13.4M
Q3 24
Q2 24
Q1 24
Total Debt
IVT
IVT
SPWR
SPWR
Q4 25
$825.9M
$164.8M
Q3 25
$764.6M
$204.3M
Q2 25
$746.3M
$152.9M
Q1 25
$740.7M
Q4 24
$740.4M
$147.3M
Q3 24
$740.1M
Q2 24
$812.2M
Q1 24
$827.5M
Stockholders' Equity
IVT
IVT
SPWR
SPWR
Q4 25
$1.8B
$-90.1M
Q3 25
$1.8B
$-112.3M
Q2 25
$1.8B
$-107.2M
Q1 25
$1.7B
$-89.0M
Q4 24
$1.8B
$-97.5M
Q3 24
$1.8B
Q2 24
$1.5B
Q1 24
$1.5B
Total Assets
IVT
IVT
SPWR
SPWR
Q4 25
$2.8B
$241.2M
Q3 25
$2.7B
$208.3M
Q2 25
$2.7B
$163.1M
Q1 25
$2.6B
$147.8M
Q4 24
$2.6B
$144.5M
Q3 24
$2.6B
Q2 24
$2.5B
Q1 24
$2.5B
Debt / Equity
IVT
IVT
SPWR
SPWR
Q4 25
0.46×
Q3 25
0.42×
Q2 25
0.41×
Q1 25
0.42×
Q4 24
0.42×
Q3 24
0.42×
Q2 24
0.53×
Q1 24
0.53×

Cash Flow & Capital Efficiency

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

Metric
IVT
IVT
SPWR
SPWR
Operating Cash FlowLast quarter
$155.4M
$-1.9M
Free Cash FlowOCF − Capex
$110.9M
FCF MarginFCF / Revenue
143.3%
Capex IntensityCapex / Revenue
57.5%
Cash ConversionOCF / Net Profit
58.41×
TTM Free Cash FlowTrailing 4 quarters
$193.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IVT
IVT
SPWR
SPWR
Q4 25
$155.4M
$-1.9M
Q3 25
$43.8M
$-6.4M
Q2 25
$48.7M
$-4.4M
Q1 25
$20.2M
$-2.6M
Q4 24
$136.9M
$-25.6M
Q3 24
$38.4M
Q2 24
$46.7M
Q1 24
$14.8M
Free Cash Flow
IVT
IVT
SPWR
SPWR
Q4 25
$110.9M
Q3 25
$31.4M
Q2 25
$38.0M
Q1 25
$12.8M
Q4 24
$100.8M
Q3 24
$29.3M
Q2 24
$37.2M
Q1 24
$7.7M
FCF Margin
IVT
IVT
SPWR
SPWR
Q4 25
143.3%
Q3 25
42.2%
Q2 25
51.6%
Q1 25
17.4%
Q4 24
141.5%
Q3 24
42.8%
Q2 24
55.2%
Q1 24
11.5%
Capex Intensity
IVT
IVT
SPWR
SPWR
Q4 25
57.5%
Q3 25
16.7%
Q2 25
14.6%
Q1 25
10.0%
Q4 24
50.7%
Q3 24
13.3%
Q2 24
14.0%
Q1 24
10.6%
Cash Conversion
IVT
IVT
SPWR
SPWR
Q4 25
58.41×
Q3 25
7.27×
Q2 25
0.51×
Q1 25
2.97×
-0.32×
Q4 24
13.97×
-0.54×
Q3 24
Q2 24
31.15×
Q1 24
5.10×

Financial Flow Comparison

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

Revenue Breakdown by Segment

IVT
IVT

Segment breakdown not available.

SPWR
SPWR

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

Related Comparisons