SunPower Inc. (SPWR) quarterly income statement — complete revenue, gross profit & net income history
SunPower Inc. (SPWR) annual income statement — 24-year revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Sales/Revenue | 54.86M | 72.79M | 88.49M | 70M | 67.52M | 82.74M | 88.67M | 5.54M | 4.49M | 10.04M | 20.73M | 24.59M | 463.36M | 434.27M | 497.31M | 476.39M | 417.46M | 350.12M | 384.53M | 283.31M |
| Revenue Growth % | -18.76% | -12.02% | -0.21% | 1164.54% | 1403.21% | 724.1% | 327.78% | -77.49% | -99.03% | -97.69% | -95.83% | -94.84% | 10.99% | 24.03% | 29.33% | 68.15% | 60.1% | 45.8% | 12.5% | 3.1% |
| Cost of Goods Sold | 32.2M | 28.11M | 39.64M | 37.97M | 38.76M | 42.6M | 47.41M | 8.69M | 5.38M | 7.76M | 18.04M | 18.35M | 389.43M | 353.23M | 392.66M | 359.73M | 326.74M | 268.27M | 333.48M | 220.92M |
| COGS % of Revenue | 58.69% | 38.61% | 44.8% | 54.23% | 57.41% | 51.49% | 53.46% | 157.03% | 119.86% | 77.26% | 87.03% | 74.64% | 84.05% | 81.34% | 78.96% | 75.51% | 78.27% | 76.62% | 86.72% | 77.98% |
| Gross Profit | 22.66M | 44.69M | 48.85M | 32.04M | 28.76M | 40.14M | 41.27M | -3.16M | -892K | 2.28M | 2.69M | 6.24M | 73.93M | 81.04M | 104.65M | 116.67M | 90.73M | 81.84M | 51.05M | 62.39M |
| Gross Margin % | 41.31% | 61.39% | 55.2% | 45.77% | 42.59% | 48.51% | 46.54% | -57.03% | -19.86% | 22.74% | 12.97% | 25.36% | 15.96% | 18.66% | 21.04% | 24.49% | 21.73% | 23.38% | 13.28% | 22.02% |
| Gross Profit Growth % | -21.21% | 11.33% | 18.37% | 1114.89% | 3324.33% | 1658.26% | 1434.7% | -150.63% | -101.21% | -97.18% | -97.43% | -94.65% | -18.51% | -0.99% | 104.98% | 87% | 49.44% | 78.06% | -32.07% | 67.98% |
| Operating Expenses | 46.12M | 63.88M | 49.96M | 35.48M | 31.48M | 39.1M | 62.77M | 26.81M | 8.6M | 9.83M | 18.74M | 17.31M | 97.09M | 111.34M | 89.08M | 106.97M | 112.05M | 93.3M | 81.93M | 45.85M |
| OpEx % of Revenue | 84.06% | 87.76% | 56.46% | 50.69% | 46.62% | 47.26% | 70.79% | 484.34% | 191.5% | 97.88% | 90.42% | 70.41% | 20.95% | 25.64% | 17.91% | 22.45% | 26.84% | 26.65% | 21.31% | 16.18% |
| Selling, General & Admin | 33.7M | 63.88M | 49.96M | 35.48M | 31.48M | 39.1M | 62.77M | 26.81M | 8.6M | 9.83M | 18.74M | 17.31M | 90.5M | 104.32M | 82.16M | 101.19M | 105.36M | 87.87M | 76.61M | 43.7M |
| SG&A % of Revenue | 61.42% | 87.76% | 56.46% | 50.69% | 46.62% | 47.26% | 70.79% | 484.34% | 191.5% | 97.88% | 90.42% | 70.41% | 19.53% | 24.02% | 16.52% | 21.24% | 25.24% | 25.1% | 19.92% | 15.43% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.51M | 7.25M | 5.56M | 6.85M | 7.18M | 5.17M | 4.37M | 2.62M |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | 1.4% | 1.67% | 1.12% | 1.44% | 1.72% | 1.48% | 1.14% | 0.92% |
| Other Operating Expenses | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 84K | -224K | 1000K | -1000K | -494K | 266K | 956K | -468K |
| Operating Income | -23.46M | -19.2M | -1.11M | -3.44M | -2.72M | 1.04M | -21.5M | -29.97M | -9.49M | -7.54M | -16.05M | -11.08M | -23.16M | -30.3M | 15.57M | 9.58M | -20.83M | -12.09M | -31.05M | 16.77M |
| Operating Margin % | -42.76% | -26.37% | -1.26% | -4.92% | -4.03% | 1.26% | -24.25% | -541.37% | -211.35% | -75.14% | -77.45% | -45.05% | -5% | -6.98% | 3.13% | 2.01% | -4.99% | -3.45% | -8.08% | 5.92% |
| Operating Income Growth % | -762.99% | -1942.13% | 94.81% | 88.51% | 71.37% | 113.81% | -33.92% | -170.54% | 59.01% | 75.1% | -203.1% | -215.61% | -11.21% | -150.73% | 150.14% | -42.86% | -258.01% | -777.07% | -229.63% | 911.62% |
| EBITDA | -20.3M | -15.59M | -1.11M | -2.15M | -1.3M | 2.63M | -19.76M | -29.66M | -9.16M | -7.19M | -15.75M | -10.86M | -10.22M | -20.03M | 25.08M | 16.32M | -9.62M | -7.77M | -27.05M | 18.45M |
| EBITDA Margin % | -37% | -21.41% | -1.26% | -3.08% | -1.92% | 3.17% | -22.28% | -535.86% | -204.03% | -71.58% | -75.97% | -44.16% | -2.21% | -4.61% | 5.04% | 3.43% | -2.3% | -2.22% | -7.03% | 6.51% |
| EBITDA Growth % | -1462.59% | -693.75% | 94.36% | 92.74% | 85.83% | 136.52% | -25.46% | -173.18% | 10.31% | 64.13% | -162.8% | -166.54% | -6.25% | -157.74% | 192.72% | -11.54% | -159.55% | -628.42% | -201.98% | 87.09% |
| D&A (Non-Cash Add-back) | 3.16M | 3.61M | 0 | 1.29M | 1.42M | 1.58M | 1.75M | 305K | 329K | 357K | 308K | 219K | 12.94M | 10.27M | 9.5M | 6.74M | 11.21M | 4.31M | 4.01M | 1.68M |
| EBIT | -23.46M | 11.57M | -1.11M | -7.7M | -14.76M | 15.62M | 54.97M | -75.62M | -11.55M | -6.02M | -17.61M | -49.07M | -22.54M | -40.45M | 11.74M | 145.09M | -35.39M | -10.6M | 37.89M | -69.29M |
| Net Interest Income | -8.47M | -6.92M | 0 | -8.1M | -7.66M | -7.49M | -8.08M | -2.25M | -2.31M | -3.56M | -5.15M | -1.89M | -5.46M | -4.85M | -3.42M | -3.57M | -6.37M | -5.01M | -6.64M | -5.13M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 3K | -83K | 86K | 10K | 6K | 10K | 9K | 329K | 831K | 2.92M | 144K | 92K | 42K | 39K | 43K |
| Interest Expense | 8.47M | 6.92M | 0 | 8.1M | 7.66M | 7.49M | 7.99M | 2.34M | 2.32M | 3.57M | 5.16M | 1.9M | 5.79M | 5.68M | 6.34M | 3.71M | 6.46M | 5.05M | 6.68M | 5.17M |
| Other Income/Expense | 30.35M | 23.84M | 0 | -12.36M | -19.7M | 7.08M | 68.48M | -47.99M | -4.38M | -2.04M | -6.71M | -39.9M | -5.17M | -15.83M | -10.18M | 131.8M | -21.02M | -3.56M | 62.26M | -91.23M |
| Pretax Income | 6.89M | 4.64M | -1.11M | -15.8M | -22.42M | 8.13M | 46.98M | -77.96M | -13.88M | -9.59M | -22.77M | -50.97M | -28.33M | -46.13M | 5.4M | 141.38M | -41.85M | -15.65M | 31.21M | -74.46M |
| Pretax Margin % | 12.57% | 6.38% | -1.26% | -22.58% | -33.21% | 9.82% | 52.98% | -1408.2% | -308.93% | -95.49% | -109.84% | -207.3% | -6.11% | -10.62% | 1.09% | 29.68% | -10.02% | -4.47% | 8.12% | -26.28% |
| Income Tax | 0 | -608K | 0 | 0 | 0 | 0 | -11K | 0 | 10K | 1K | -19K | -1K | 378K | 1.33M | -2.86M | 2.44M | -793K | -8.13M | 10.21M | -2.02M |
| Effective Tax Rate % | 0% | -13.1% | 0% | 0% | 0% | 0% | -0.02% | 0% | -0.07% | -0.01% | 0.08% | 0% | -1.33% | -2.88% | -52.92% | 1.73% | 1.89% | 51.94% | 32.72% | 2.71% |
| Net Income | 6.89M | 5.25M | -1.11M | -16.9M | -22.42M | 8.13M | 46.99M | -77.96M | -15.89M | -9.59M | -27.65M | -206.88M | -31.21M | -54.64M | 7.61M | 135.61M | -63.29M | -32.9M | 20.2M | -84.38M |
| Net Margin % | 12.57% | 7.21% | -1.26% | -24.15% | -33.21% | 9.82% | 52.99% | -1408.2% | -353.83% | -95.5% | -133.38% | -841.33% | -6.74% | -12.58% | 1.53% | 28.47% | -15.16% | -9.4% | 5.25% | -29.78% |
| Net Income Growth % | 130.75% | -35.4% | -102.37% | 78.32% | -41.07% | 184.76% | 269.95% | 62.32% | 49.07% | 82.45% | -463.18% | -252.55% | 50.69% | -66.08% | -62.3% | 260.73% | -184.16% | 32.01% | -95.1% | -289.07% |
| Net Income (Continuing) | 6.89M | 5.25M | -1.11M | -15.8M | -22.42M | 8.13M | 46.99M | -77.96M | -13.89M | -9.59M | -22.75M | -50.97M | -28.48M | -47.27M | 8.62M | 140.88M | -41.05M | -7.52M | 20.99M | -72.44M |
| Discontinued Operations | 0 | 0 | 0 | -1000K | 0 | 0 | 0 | 0 | -1000K | 0 | -1000K | -1000K | -1000K | -1000K | 0 | -1000K | -1000K | -1000K | 0 | -1000K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 898K | 884K | 803K | 9M | 5.77M | 1.05M | 1.64M | 837K |
| EPS (Diluted) | 0.00 | 0.00 | -0.00 | -0.02 | -0.05 | 0.00 | 0.10 | -0.16 | -0.13 | -0.06 | -0.16 | -1.18 | -0.18 | -0.31 | -0.27 | 0.72 | -0.36 | -0.19 | 0.11 | -0.42 |
| EPS Growth % | 101.3% | - | -101.34% | 87.56% | 64.46% | 100.78% | 160.5% | 86.44% | 27.78% | 79.23% | 40.74% | -263.89% | 50% | -63.16% | -345.45% | 271.43% | -192.31% | 32.14% | -94.66% | -290.91% |
| EPS (Basic) | 0.01 | 0.03 | -0.01 | -0.20 | -0.28 | 0.00 | 0.62 | -1.03 | -0.13 | -0.20 | -0.16 | -1.18 | -0.18 | -0.31 | -0.27 | 0.78 | -0.36 | -0.19 | 0.12 | -0.42 |
| Diluted Shares Outstanding | 849.04M | 849.04M | 849.04M | 849.04M | 485.63M | 485.63M | 485.63M | 485.63M | 122.22M | 148.79M | 175.35M | 175.24M | 175.04M | 174.53M | 175.52M | 192.5M | 173.95M | 173.38M | 175.81M | 172.88M |
| Basic Shares Outstanding | 84.9M | 84.9M | 84.9M | 84.9M | 80.83M | 80.11M | 75.35M | 75.35M | 122.22M | 49.08M | 175.17M | 175.24M | 175.04M | 174.53M | 174.23M | 174.12M | 173.95M | 173.38M | 173.02M | 172.88M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |