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

LXP Industrial Trust is the larger business by last-quarter revenue ($86.7M vs $79.7M, roughly 1.1× SunPower Inc.). LXP Industrial Trust runs the higher net margin — 33.2% vs -17.8%, a 50.9% gap on every dollar of revenue. On growth, SunPower Inc. posted the faster year-over-year revenue change (-10.1% vs -14.0%). Over the past eight quarters, SunPower Inc.'s revenue compounded faster (118.7% CAGR vs 0.3%).

LXP Industrial Trust is a publicly traded real estate investment trust (REIT) that owns, operates, and invests in high-quality industrial real estate assets, primarily distribution centers, logistics facilities, and light industrial properties across key markets in the United States. Its tenant base covers e-commerce, third-party logistics, and advanced manufacturing sectors, delivering stable long-term returns for its investors.

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...

LXP vs SPWR — Head-to-Head

Bigger by revenue
LXP
LXP
1.1× larger
LXP
$86.7M
$79.7M
SPWR
Growing faster (revenue YoY)
SPWR
SPWR
+3.9% gap
SPWR
-10.1%
-14.0%
LXP
Higher net margin
LXP
LXP
50.9% more per $
LXP
33.2%
-17.8%
SPWR
Faster 2-yr revenue CAGR
SPWR
SPWR
Annualised
SPWR
118.7%
0.3%
LXP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LXP
LXP
SPWR
SPWR
Revenue
$86.7M
$79.7M
Net Profit
$28.8M
$-14.2M
Gross Margin
81.5%
35.5%
Operating Margin
34.6%
-27.4%
Net Margin
33.2%
-17.8%
Revenue YoY
-14.0%
-10.1%
Net Profit YoY
-130.1%
EPS (diluted)
$-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
LXP
LXP
SPWR
SPWR
Q4 25
$86.7M
$79.7M
Q3 25
$86.9M
$22.0M
Q2 25
$87.7M
$67.5M
Q1 25
$88.9M
$82.7M
Q4 24
$100.9M
$88.7M
Q3 24
$85.6M
Q2 24
$85.8M
Q1 24
$86.3M
Net Profit
LXP
LXP
SPWR
SPWR
Q4 25
$28.8M
$-14.2M
Q3 25
$36.3M
$-16.9M
Q2 25
$29.1M
$-22.4M
Q1 25
$19.0M
$8.1M
Q4 24
$47.0M
Q3 24
$6.3M
Q2 24
$5.4M
Q1 24
$-269.0K
Gross Margin
LXP
LXP
SPWR
SPWR
Q4 25
81.5%
35.5%
Q3 25
82.3%
Q2 25
81.9%
42.6%
Q1 25
80.7%
48.5%
Q4 24
85.3%
46.5%
Q3 24
82.5%
Q2 24
82.0%
Q1 24
82.4%
Operating Margin
LXP
LXP
SPWR
SPWR
Q4 25
34.6%
-27.4%
Q3 25
50.4%
-15.7%
Q2 25
33.7%
-4.0%
Q1 25
21.8%
1.3%
Q4 24
-24.2%
Q3 24
7.9%
Q2 24
6.9%
Q1 24
1.0%
Net Margin
LXP
LXP
SPWR
SPWR
Q4 25
33.2%
-17.8%
Q3 25
41.7%
-76.9%
Q2 25
33.2%
-33.2%
Q1 25
21.4%
9.8%
Q4 24
53.0%
Q3 24
7.4%
Q2 24
6.3%
Q1 24
-0.3%
EPS (diluted)
LXP
LXP
SPWR
SPWR
Q4 25
$-0.05
Q3 25
$0.12
$-0.19
Q2 25
$0.09
$-0.28
Q1 25
$0.06
$0.00
Q4 24
$0.27
Q3 24
$0.02
Q2 24
$0.01
Q1 24
$-0.01

Balance Sheet & Financial Strength

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

Metric
LXP
LXP
SPWR
SPWR
Cash + ST InvestmentsLiquidity on hand
$170.4M
$9.6M
Total DebtLower is stronger
$1.4B
$164.8M
Stockholders' EquityBook value
$2.0B
$-90.1M
Total Assets
$3.5B
$241.2M
Debt / EquityLower = less leverage
0.66×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LXP
LXP
SPWR
SPWR
Q4 25
$170.4M
$9.6M
Q3 25
$229.7M
$5.1M
Q2 25
$71.0M
$11.1M
Q1 25
$70.9M
$10.6M
Q4 24
$101.8M
$13.4M
Q3 24
$55.0M
Q2 24
$48.7M
Q1 24
$293.8M
Total Debt
LXP
LXP
SPWR
SPWR
Q4 25
$1.4B
$164.8M
Q3 25
$1.5B
$204.3M
Q2 25
$1.5B
$152.9M
Q1 25
$1.5B
Q4 24
$1.6B
$147.3M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
LXP
LXP
SPWR
SPWR
Q4 25
$2.0B
$-90.1M
Q3 25
$2.1B
$-112.3M
Q2 25
$2.1B
$-107.2M
Q1 25
$2.1B
$-89.0M
Q4 24
$2.1B
$-97.5M
Q3 24
$2.1B
Q2 24
$2.1B
Q1 24
$2.2B
Total Assets
LXP
LXP
SPWR
SPWR
Q4 25
$3.5B
$241.2M
Q3 25
$3.7B
$208.3M
Q2 25
$3.7B
$163.1M
Q1 25
$3.8B
$147.8M
Q4 24
$3.8B
$144.5M
Q3 24
$3.9B
Q2 24
$3.9B
Q1 24
$4.2B
Debt / Equity
LXP
LXP
SPWR
SPWR
Q4 25
0.66×
Q3 25
0.72×
Q2 25
0.72×
Q1 25
0.73×
Q4 24
0.75×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
LXP
LXP
SPWR
SPWR
Operating Cash FlowLast quarter
$188.7M
$-1.9M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
6.56×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LXP
LXP
SPWR
SPWR
Q4 25
$188.7M
$-1.9M
Q3 25
$63.5M
$-6.4M
Q2 25
$44.3M
$-4.4M
Q1 25
$39.0M
$-2.6M
Q4 24
$211.2M
$-25.6M
Q3 24
$64.6M
Q2 24
$38.5M
Q1 24
$38.9M
Cash Conversion
LXP
LXP
SPWR
SPWR
Q4 25
6.56×
Q3 25
1.75×
Q2 25
1.52×
Q1 25
2.05×
-0.32×
Q4 24
-0.54×
Q3 24
10.18×
Q2 24
7.09×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

LXP
LXP

Segment breakdown not available.

SPWR
SPWR

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

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