vs

Side-by-side financial comparison of Lulu's Fashion Lounge Holdings, Inc. (LVLU) 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 $66.1M, roughly 1.2× Lulu's Fashion Lounge Holdings, Inc.). SunPower Inc. runs the higher net margin — -17.8% vs -48.2%, a 30.4% gap on every dollar of revenue. On growth, SunPower Inc. posted the faster year-over-year revenue change (-10.1% vs -11.8%). Over the past eight quarters, SunPower Inc.'s revenue compounded faster (118.7% CAGR vs -14.7%).

Lulu's Fashion Lounge Holdings, Inc. is a direct-to-consumer women's fashion retailer offering affordable, trendy apparel, footwear, and accessories. It primarily serves Gen Z and millennial consumers across North America, operating mainly via its e-commerce platform, with limited pop-up physical locations to boost customer engagement.

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...

LVLU vs SPWR — Head-to-Head

Bigger by revenue
SPWR
SPWR
1.2× larger
SPWR
$79.7M
$66.1M
LVLU
Growing faster (revenue YoY)
SPWR
SPWR
+1.7% gap
SPWR
-10.1%
-11.8%
LVLU
Higher net margin
SPWR
SPWR
30.4% more per $
SPWR
-17.8%
-48.2%
LVLU
Faster 2-yr revenue CAGR
SPWR
SPWR
Annualised
SPWR
118.7%
-14.7%
LVLU

Income Statement — Q4 FY2024 vs Q4 FY2025

Metric
LVLU
LVLU
SPWR
SPWR
Revenue
$66.1M
$79.7M
Net Profit
$-31.9M
$-14.2M
Gross Margin
37.9%
35.5%
Operating Margin
-52.8%
-27.4%
Net Margin
-48.2%
-17.8%
Revenue YoY
-11.8%
-10.1%
Net Profit YoY
-340.9%
-130.1%
EPS (diluted)
$-13.46
$-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
LVLU
LVLU
SPWR
SPWR
Q4 25
$79.7M
Q3 25
$22.0M
Q2 25
$67.5M
Q1 25
$82.7M
Q4 24
$66.1M
$88.7M
Q3 24
$80.5M
Q2 24
$92.0M
Q1 24
$77.3M
Net Profit
LVLU
LVLU
SPWR
SPWR
Q4 25
$-14.2M
Q3 25
$-16.9M
Q2 25
$-22.4M
Q1 25
$8.1M
Q4 24
$-31.9M
$47.0M
Q3 24
$-6.9M
Q2 24
$-10.8M
Q1 24
$-5.7M
Gross Margin
LVLU
LVLU
SPWR
SPWR
Q4 25
35.5%
Q3 25
Q2 25
42.6%
Q1 25
48.5%
Q4 24
37.9%
46.5%
Q3 24
38.1%
Q2 24
45.5%
Q1 24
42.3%
Operating Margin
LVLU
LVLU
SPWR
SPWR
Q4 25
-27.4%
Q3 25
-15.7%
Q2 25
-4.0%
Q1 25
1.3%
Q4 24
-52.8%
-24.2%
Q3 24
-8.5%
Q2 24
-4.9%
Q1 24
-8.0%
Net Margin
LVLU
LVLU
SPWR
SPWR
Q4 25
-17.8%
Q3 25
-76.9%
Q2 25
-33.2%
Q1 25
9.8%
Q4 24
-48.2%
53.0%
Q3 24
-8.5%
Q2 24
-11.7%
Q1 24
-7.4%
EPS (diluted)
LVLU
LVLU
SPWR
SPWR
Q4 25
$-0.05
Q3 25
$-0.19
Q2 25
$-0.28
Q1 25
$0.00
Q4 24
$-13.46
$0.27
Q3 24
$-2.47
Q2 24
$-3.92
Q1 24
$-0.15

Balance Sheet & Financial Strength

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

Metric
LVLU
LVLU
SPWR
SPWR
Cash + ST InvestmentsLiquidity on hand
$4.5M
$9.6M
Total DebtLower is stronger
$164.8M
Stockholders' EquityBook value
$13.4M
$-90.1M
Total Assets
$108.2M
$241.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LVLU
LVLU
SPWR
SPWR
Q4 25
$9.6M
Q3 25
$5.1M
Q2 25
$11.1M
Q1 25
$10.6M
Q4 24
$4.5M
$13.4M
Q3 24
$6.3M
Q2 24
$1.8M
Q1 24
$5.5M
Total Debt
LVLU
LVLU
SPWR
SPWR
Q4 25
$164.8M
Q3 25
$204.3M
Q2 25
$152.9M
Q1 25
Q4 24
$147.3M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
LVLU
LVLU
SPWR
SPWR
Q4 25
$-90.1M
Q3 25
$-112.3M
Q2 25
$-107.2M
Q1 25
$-89.0M
Q4 24
$13.4M
$-97.5M
Q3 24
$43.8M
Q2 24
$48.7M
Q1 24
$57.7M
Total Assets
LVLU
LVLU
SPWR
SPWR
Q4 25
$241.2M
Q3 25
$208.3M
Q2 25
$163.1M
Q1 25
$147.8M
Q4 24
$108.2M
$144.5M
Q3 24
$153.5M
Q2 24
$145.3M
Q1 24
$160.6M

Cash Flow & Capital Efficiency

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

Metric
LVLU
LVLU
SPWR
SPWR
Operating Cash FlowLast quarter
$-2.5M
$-1.9M
Free Cash FlowOCF − Capex
$-2.6M
FCF MarginFCF / Revenue
-3.9%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$1.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LVLU
LVLU
SPWR
SPWR
Q4 25
$-1.9M
Q3 25
$-6.4M
Q2 25
$-4.4M
Q1 25
$-2.6M
Q4 24
$-2.5M
$-25.6M
Q3 24
$-5.5M
Q2 24
$3.7M
Q1 24
$6.9M
Free Cash Flow
LVLU
LVLU
SPWR
SPWR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$-2.6M
Q3 24
$-5.9M
Q2 24
$3.4M
Q1 24
$6.4M
FCF Margin
LVLU
LVLU
SPWR
SPWR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
-3.9%
Q3 24
-7.3%
Q2 24
3.7%
Q1 24
8.3%
Capex Intensity
LVLU
LVLU
SPWR
SPWR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.0%
Q3 24
0.5%
Q2 24
0.4%
Q1 24
0.7%
Cash Conversion
LVLU
LVLU
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

LVLU
LVLU

Single Reportable Segment$63.0M95%
Other$2.4M4%
Stored Value Cards$750.0K1%

SPWR
SPWR

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

Related Comparisons