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Side-by-side financial comparison of Lifeway Foods, Inc. (LWAY) 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 $55.4M, roughly 1.4× Lifeway Foods, Inc.). Lifeway Foods, Inc. runs the higher net margin — 4.6% vs -17.8%, a 22.3% gap on every dollar of revenue. On growth, Lifeway Foods, Inc. posted the faster year-over-year revenue change (18.0% vs -10.1%). Over the past eight quarters, SunPower Inc.'s revenue compounded faster (118.7% CAGR vs 11.4%).

Lifeway Foods is an Illinois-based health food company founded in 1986. They are a leading U.S. supplier of kefir and fermented probiotic products to support the microbiome.

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...

LWAY vs SPWR — Head-to-Head

Bigger by revenue
SPWR
SPWR
1.4× larger
SPWR
$79.7M
$55.4M
LWAY
Growing faster (revenue YoY)
LWAY
LWAY
+28.0% gap
LWAY
18.0%
-10.1%
SPWR
Higher net margin
LWAY
LWAY
22.3% more per $
LWAY
4.6%
-17.8%
SPWR
Faster 2-yr revenue CAGR
SPWR
SPWR
Annualised
SPWR
118.7%
11.4%
LWAY

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LWAY
LWAY
SPWR
SPWR
Revenue
$55.4M
$79.7M
Net Profit
$2.5M
$-14.2M
Gross Margin
27.8%
35.5%
Operating Margin
6.8%
-27.4%
Net Margin
4.6%
-17.8%
Revenue YoY
18.0%
-10.1%
Net Profit YoY
1688.1%
-130.1%
EPS (diluted)
$0.15
$-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
LWAY
LWAY
SPWR
SPWR
Q4 25
$55.4M
$79.7M
Q3 25
$57.1M
$22.0M
Q2 25
$53.9M
$67.5M
Q1 25
$46.1M
$82.7M
Q4 24
$46.9M
$88.7M
Q3 24
$46.1M
Q2 24
$49.2M
Q1 24
$44.6M
Net Profit
LWAY
LWAY
SPWR
SPWR
Q4 25
$2.5M
$-14.2M
Q3 25
$3.5M
$-16.9M
Q2 25
$4.2M
$-22.4M
Q1 25
$3.5M
$8.1M
Q4 24
$-160.0K
$47.0M
Q3 24
$3.0M
Q2 24
$3.8M
Q1 24
$2.4M
Gross Margin
LWAY
LWAY
SPWR
SPWR
Q4 25
27.8%
35.5%
Q3 25
28.7%
Q2 25
28.6%
42.6%
Q1 25
23.9%
48.5%
Q4 24
25.3%
46.5%
Q3 24
25.7%
Q2 24
27.0%
Q1 24
25.8%
Operating Margin
LWAY
LWAY
SPWR
SPWR
Q4 25
6.8%
-27.4%
Q3 25
8.8%
-15.7%
Q2 25
10.8%
-4.0%
Q1 25
3.4%
1.3%
Q4 24
1.5%
-24.2%
Q3 24
9.1%
Q2 24
11.0%
Q1 24
8.0%
Net Margin
LWAY
LWAY
SPWR
SPWR
Q4 25
4.6%
-17.8%
Q3 25
6.2%
-76.9%
Q2 25
7.9%
-33.2%
Q1 25
7.7%
9.8%
Q4 24
-0.3%
53.0%
Q3 24
6.5%
Q2 24
7.7%
Q1 24
5.4%
EPS (diluted)
LWAY
LWAY
SPWR
SPWR
Q4 25
$0.15
$-0.05
Q3 25
$0.23
$-0.19
Q2 25
$0.28
$-0.28
Q1 25
$0.23
$0.00
Q4 24
$0.00
$0.27
Q3 24
$0.19
Q2 24
$0.25
Q1 24
$0.16

Balance Sheet & Financial Strength

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

Metric
LWAY
LWAY
SPWR
SPWR
Cash + ST InvestmentsLiquidity on hand
$5.6M
$9.6M
Total DebtLower is stronger
$164.8M
Stockholders' EquityBook value
$85.8M
$-90.1M
Total Assets
$105.6M
$241.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LWAY
LWAY
SPWR
SPWR
Q4 25
$5.6M
$9.6M
Q3 25
$23.0M
$5.1M
Q2 25
$21.2M
$11.1M
Q1 25
$19.4M
$10.6M
Q4 24
$16.7M
$13.4M
Q3 24
$20.6M
Q2 24
$14.6M
Q1 24
$12.0M
Total Debt
LWAY
LWAY
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
$2.5M
Stockholders' Equity
LWAY
LWAY
SPWR
SPWR
Q4 25
$85.8M
$-90.1M
Q3 25
$82.8M
$-112.3M
Q2 25
$78.7M
$-107.2M
Q1 25
$74.2M
$-89.0M
Q4 24
$71.9M
$-97.5M
Q3 24
$71.5M
Q2 24
$68.0M
Q1 24
$63.5M
Total Assets
LWAY
LWAY
SPWR
SPWR
Q4 25
$105.6M
$241.2M
Q3 25
$109.5M
$208.3M
Q2 25
$98.3M
$163.1M
Q1 25
$93.7M
$147.8M
Q4 24
$90.5M
$144.5M
Q3 24
$91.3M
Q2 24
$84.9M
Q1 24
$82.8M
Debt / Equity
LWAY
LWAY
SPWR
SPWR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
0.04×

Cash Flow & Capital Efficiency

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

Metric
LWAY
LWAY
SPWR
SPWR
Operating Cash FlowLast quarter
$267.0K
$-1.9M
Free Cash FlowOCF − Capex
$-17.4M
FCF MarginFCF / Revenue
-31.5%
Capex IntensityCapex / Revenue
31.9%
Cash ConversionOCF / Net Profit
0.11×
TTM Free Cash FlowTrailing 4 quarters
$-16.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LWAY
LWAY
SPWR
SPWR
Q4 25
$267.0K
$-1.9M
Q3 25
$6.9M
$-6.4M
Q2 25
$3.9M
$-4.4M
Q1 25
$-150.0K
$-2.6M
Q4 24
$-2.6M
$-25.6M
Q3 24
$7.5M
Q2 24
$6.5M
Q1 24
$1.5M
Free Cash Flow
LWAY
LWAY
SPWR
SPWR
Q4 25
$-17.4M
Q3 25
$1.8M
Q2 25
$1.6M
Q1 25
$-2.4M
Q4 24
$-3.8M
Q3 24
$5.9M
Q2 24
$5.1M
Q1 24
$-923.0K
FCF Margin
LWAY
LWAY
SPWR
SPWR
Q4 25
-31.5%
Q3 25
3.1%
Q2 25
3.0%
Q1 25
-5.1%
Q4 24
-8.2%
Q3 24
12.8%
Q2 24
10.4%
Q1 24
-2.1%
Capex Intensity
LWAY
LWAY
SPWR
SPWR
Q4 25
31.9%
Q3 25
9.0%
Q2 25
4.3%
Q1 25
4.8%
Q4 24
2.7%
Q3 24
3.3%
Q2 24
2.9%
Q1 24
5.5%
Cash Conversion
LWAY
LWAY
SPWR
SPWR
Q4 25
0.11×
Q3 25
1.96×
Q2 25
0.92×
Q1 25
-0.04×
-0.32×
Q4 24
-0.54×
Q3 24
2.50×
Q2 24
1.73×
Q1 24
0.64×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LWAY
LWAY

Drinkable Kefirotherthan Pro Bugs$47.8M86%
Cheese$4.7M8%
Cream And Other$1.7M3%
Other$1.2M2%

SPWR
SPWR

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

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