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Side-by-side financial comparison of NACCO INDUSTRIES INC (NC) 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 $62.8M, roughly 1.3× NACCO INDUSTRIES INC). NACCO INDUSTRIES INC runs the higher net margin — 14.1% vs -17.8%, a 31.8% gap on every dollar of revenue. On growth, NACCO INDUSTRIES INC posted the faster year-over-year revenue change (-4.3% vs -10.1%). Over the past eight quarters, SunPower Inc.'s revenue compounded faster (118.7% CAGR vs 9.5%).

NACCO Industries, Inc. is an American publicly traded holding company, headquartered in Cleveland, Ohio. Through a portfolio of mining and natural resources businesses, the company operates under three business segments: Coal Mining, North American Mining, and Minerals Management. The Coal Mining segment operates surface coal mines under long-term contracts with power generation companies and an activated carbon producer pursuant to a service-based business model. The North American Mining se...

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...

NC vs SPWR — Head-to-Head

Bigger by revenue
SPWR
SPWR
1.3× larger
SPWR
$79.7M
$62.8M
NC
Growing faster (revenue YoY)
NC
NC
+5.8% gap
NC
-4.3%
-10.1%
SPWR
Higher net margin
NC
NC
31.8% more per $
NC
14.1%
-17.8%
SPWR
Faster 2-yr revenue CAGR
SPWR
SPWR
Annualised
SPWR
118.7%
9.5%
NC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
NC
NC
SPWR
SPWR
Revenue
$62.8M
$79.7M
Net Profit
$8.8M
$-14.2M
Gross Margin
22.8%
35.5%
Operating Margin
17.5%
-27.4%
Net Margin
14.1%
-17.8%
Revenue YoY
-4.3%
-10.1%
Net Profit YoY
80.0%
-130.1%
EPS (diluted)
$1.17
$-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
NC
NC
SPWR
SPWR
Q1 26
$62.8M
Q4 25
$66.8M
$79.7M
Q3 25
$76.6M
$22.0M
Q2 25
$68.2M
$67.5M
Q1 25
$65.6M
$82.7M
Q4 24
$70.4M
$88.7M
Q3 24
$61.7M
Q2 24
$52.3M
Net Profit
NC
NC
SPWR
SPWR
Q1 26
$8.8M
Q4 25
$-3.8M
$-14.2M
Q3 25
$13.3M
$-16.9M
Q2 25
$3.3M
$-22.4M
Q1 25
$4.9M
$8.1M
Q4 24
$7.6M
$47.0M
Q3 24
$15.6M
Q2 24
$6.0M
Gross Margin
NC
NC
SPWR
SPWR
Q1 26
22.8%
Q4 25
18.0%
35.5%
Q3 25
13.0%
Q2 25
10.0%
42.6%
Q1 25
14.7%
48.5%
Q4 24
12.0%
46.5%
Q3 24
11.7%
Q2 24
13.4%
Operating Margin
NC
NC
SPWR
SPWR
Q1 26
17.5%
Q4 25
11.3%
-27.4%
Q3 25
8.8%
-15.7%
Q2 25
-0.1%
-4.0%
Q1 25
11.7%
1.3%
Q4 24
5.5%
-24.2%
Q3 24
31.9%
Q2 24
14.1%
Net Margin
NC
NC
SPWR
SPWR
Q1 26
14.1%
Q4 25
-5.8%
-17.8%
Q3 25
17.3%
-76.9%
Q2 25
4.8%
-33.2%
Q1 25
7.5%
9.8%
Q4 24
10.7%
53.0%
Q3 24
25.4%
Q2 24
11.4%
EPS (diluted)
NC
NC
SPWR
SPWR
Q1 26
$1.17
Q4 25
$-0.53
$-0.05
Q3 25
$1.78
$-0.19
Q2 25
$0.44
$-0.28
Q1 25
$0.66
$0.00
Q4 24
$0.99
$0.27
Q3 24
$2.14
Q2 24
$0.81

Balance Sheet & Financial Strength

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

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

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NC
NC
SPWR
SPWR
Q1 26
Q4 25
$49.7M
$9.6M
Q3 25
$52.7M
$5.1M
Q2 25
$49.4M
$11.1M
Q1 25
$61.9M
$10.6M
Q4 24
$72.8M
$13.4M
Q3 24
$63.1M
Q2 24
$62.4M
Total Debt
NC
NC
SPWR
SPWR
Q1 26
Q4 25
$100.8M
$164.8M
Q3 25
$204.3M
Q2 25
$152.9M
Q1 25
Q4 24
$99.4M
$147.3M
Q3 24
Q2 24
$29.0M
Stockholders' Equity
NC
NC
SPWR
SPWR
Q1 26
Q4 25
$429.2M
$-90.1M
Q3 25
$426.4M
$-112.3M
Q2 25
$413.1M
$-107.2M
Q1 25
$409.1M
$-89.0M
Q4 24
$404.9M
$-97.5M
Q3 24
$397.3M
Q2 24
$384.1M
Total Assets
NC
NC
SPWR
SPWR
Q1 26
Q4 25
$661.2M
$241.2M
Q3 25
$637.6M
$208.3M
Q2 25
$631.3M
$163.1M
Q1 25
$634.2M
$147.8M
Q4 24
$631.7M
$144.5M
Q3 24
$597.4M
Q2 24
$560.1M
Debt / Equity
NC
NC
SPWR
SPWR
Q1 26
Q4 25
0.23×
Q3 25
Q2 25
Q1 25
Q4 24
0.25×
Q3 24
Q2 24
0.08×

Cash Flow & Capital Efficiency

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

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NC
NC
SPWR
SPWR
Q1 26
Q4 25
$11.4M
$-1.9M
Q3 25
$42.3M
$-6.4M
Q2 25
$-7.8M
$-4.4M
Q1 25
$5.0M
$-2.6M
Q4 24
$25.2M
$-25.6M
Q3 24
$2.8M
Q2 24
$4.1M
Cash Conversion
NC
NC
SPWR
SPWR
Q1 26
Q4 25
Q3 25
3.19×
Q2 25
-2.39×
Q1 25
1.03×
-0.32×
Q4 24
3.33×
-0.54×
Q3 24
0.18×
Q2 24
0.68×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NC
NC

Segment breakdown not available.

SPWR
SPWR

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

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