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Side-by-side financial comparison of SunPower Inc. (SPWR) and 1ST SOURCE CORP (SRCE). Click either name above to swap in a different company.

1ST SOURCE CORP is the larger business by last-quarter revenue ($113.1M vs $79.7M, roughly 1.4× SunPower Inc.). 1ST SOURCE CORP runs the higher net margin — 35.3% vs -17.8%, a 53.1% gap on every dollar of revenue. On growth, 1ST SOURCE CORP posted the faster year-over-year revenue change (8.7% vs -10.1%). Over the past eight quarters, SunPower Inc.'s revenue compounded faster (118.7% CAGR vs 7.8%).

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...

1st Source Corporation is a financial services company headquartered in South Bend, Indiana. It operates 1st Source Bank, a bank with 81 branches in Indiana and Michigan. The bank's Specialty Finance Group provides financing for aircraft, trucks, and construction equipment. 1st Source Insurance provides insurance products and services.

SPWR vs SRCE — Head-to-Head

Bigger by revenue
SRCE
SRCE
1.4× larger
SRCE
$113.1M
$79.7M
SPWR
Growing faster (revenue YoY)
SRCE
SRCE
+18.8% gap
SRCE
8.7%
-10.1%
SPWR
Higher net margin
SRCE
SRCE
53.1% more per $
SRCE
35.3%
-17.8%
SPWR
Faster 2-yr revenue CAGR
SPWR
SPWR
Annualised
SPWR
118.7%
7.8%
SRCE

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
SPWR
SPWR
SRCE
SRCE
Revenue
$79.7M
$113.1M
Net Profit
$-14.2M
$40.0M
Gross Margin
35.5%
Operating Margin
-27.4%
45.4%
Net Margin
-17.8%
35.3%
Revenue YoY
-10.1%
8.7%
Net Profit YoY
-130.1%
6.5%
EPS (diluted)
$-0.05
$1.63

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
SPWR
SPWR
SRCE
SRCE
Q1 26
$113.1M
Q4 25
$79.7M
$110.8M
Q3 25
$22.0M
$110.7M
Q2 25
$67.5M
$108.2M
Q1 25
$82.7M
$104.0M
Q4 24
$88.7M
$97.8M
Q3 24
$97.9M
Q2 24
$97.3M
Net Profit
SPWR
SPWR
SRCE
SRCE
Q1 26
$40.0M
Q4 25
$-14.2M
$41.1M
Q3 25
$-16.9M
$42.3M
Q2 25
$-22.4M
$37.3M
Q1 25
$8.1M
$37.5M
Q4 24
$47.0M
$31.4M
Q3 24
$34.9M
Q2 24
$36.8M
Gross Margin
SPWR
SPWR
SRCE
SRCE
Q1 26
Q4 25
35.5%
Q3 25
Q2 25
42.6%
Q1 25
48.5%
Q4 24
46.5%
Q3 24
Q2 24
Operating Margin
SPWR
SPWR
SRCE
SRCE
Q1 26
45.4%
Q4 25
-27.4%
Q3 25
-15.7%
49.7%
Q2 25
-4.0%
44.5%
Q1 25
1.3%
45.8%
Q4 24
-24.2%
Q3 24
46.3%
Q2 24
49.1%
Net Margin
SPWR
SPWR
SRCE
SRCE
Q1 26
35.3%
Q4 25
-17.8%
37.1%
Q3 25
-76.9%
38.2%
Q2 25
-33.2%
34.5%
Q1 25
9.8%
36.1%
Q4 24
53.0%
32.1%
Q3 24
35.7%
Q2 24
37.8%
EPS (diluted)
SPWR
SPWR
SRCE
SRCE
Q1 26
$1.63
Q4 25
$-0.05
$1.67
Q3 25
$-0.19
$1.71
Q2 25
$-0.28
$1.51
Q1 25
$0.00
$1.52
Q4 24
$0.27
$1.27
Q3 24
$1.41
Q2 24
$1.49

Balance Sheet & Financial Strength

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

Metric
SPWR
SPWR
SRCE
SRCE
Cash + ST InvestmentsLiquidity on hand
$9.6M
Total DebtLower is stronger
$164.8M
Stockholders' EquityBook value
$-90.1M
$1.3B
Total Assets
$241.2M
$9.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SPWR
SPWR
SRCE
SRCE
Q1 26
Q4 25
$9.6M
Q3 25
$5.1M
Q2 25
$11.1M
Q1 25
$10.6M
Q4 24
$13.4M
Q3 24
Q2 24
Total Debt
SPWR
SPWR
SRCE
SRCE
Q1 26
Q4 25
$164.8M
Q3 25
$204.3M
Q2 25
$152.9M
Q1 25
Q4 24
$147.3M
Q3 24
Q2 24
Stockholders' Equity
SPWR
SPWR
SRCE
SRCE
Q1 26
$1.3B
Q4 25
$-90.1M
$1.3B
Q3 25
$-112.3M
$1.2B
Q2 25
$-107.2M
$1.2B
Q1 25
$-89.0M
$1.2B
Q4 24
$-97.5M
$1.1B
Q3 24
$1.1B
Q2 24
$1.0B
Total Assets
SPWR
SPWR
SRCE
SRCE
Q1 26
$9.1B
Q4 25
$241.2M
$9.1B
Q3 25
$208.3M
$9.1B
Q2 25
$163.1M
$9.1B
Q1 25
$147.8M
$9.0B
Q4 24
$144.5M
$8.9B
Q3 24
$8.8B
Q2 24
$8.9B

Cash Flow & Capital Efficiency

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

Metric
SPWR
SPWR
SRCE
SRCE
Operating Cash FlowLast quarter
$-1.9M
$59.1M
Free Cash FlowOCF − Capex
$58.1M
FCF MarginFCF / Revenue
51.4%
Capex IntensityCapex / Revenue
0.9%
Cash ConversionOCF / Net Profit
1.48×
TTM Free Cash FlowTrailing 4 quarters
$361.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SPWR
SPWR
SRCE
SRCE
Q1 26
$59.1M
Q4 25
$-1.9M
$223.1M
Q3 25
$-6.4M
$51.0M
Q2 25
$-4.4M
$44.9M
Q1 25
$-2.6M
$71.8M
Q4 24
$-25.6M
$193.9M
Q3 24
$68.4M
Q2 24
$50.0M
Free Cash Flow
SPWR
SPWR
SRCE
SRCE
Q1 26
$58.1M
Q4 25
$213.0M
Q3 25
$47.3M
Q2 25
$43.0M
Q1 25
$69.3M
Q4 24
$181.5M
Q3 24
$66.7M
Q2 24
$46.4M
FCF Margin
SPWR
SPWR
SRCE
SRCE
Q1 26
51.4%
Q4 25
192.2%
Q3 25
42.7%
Q2 25
39.8%
Q1 25
66.6%
Q4 24
185.5%
Q3 24
68.1%
Q2 24
47.7%
Capex Intensity
SPWR
SPWR
SRCE
SRCE
Q1 26
0.9%
Q4 25
9.1%
Q3 25
3.4%
Q2 25
1.7%
Q1 25
2.4%
Q4 24
12.6%
Q3 24
1.7%
Q2 24
3.7%
Cash Conversion
SPWR
SPWR
SRCE
SRCE
Q1 26
1.48×
Q4 25
5.42×
Q3 25
1.21×
Q2 25
1.20×
Q1 25
-0.32×
1.91×
Q4 24
-0.54×
6.17×
Q3 24
1.96×
Q2 24
1.36×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SPWR
SPWR

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

SRCE
SRCE

Segment breakdown not available.

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