Sunpower Inc $SPWR

Industrials

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Sunpower Inc (SPWR) is a Industrials company. Latest news and coverage below.

Sunpower Inc revenue & net income history (FY2021–FY2025)

RevenueNet incomeNet margin (right axis, %)
$300.0M$15.2M−$269.6MFY2021 net income: $5.13M'21FY2022 revenue: $66.5MFY2022 net income: −$29.5M · Net margin −44.3%'22FY2023 revenue: $87.6MFY2023 net income: −$269.6M · Net margin −307.7%'23FY2024 revenue: $108.7MFY2024 net income: −$56.5M · Net margin −51.9%'24FY2025 revenue: $300.0MFY2025 net income: −$45.4M · Net margin −15.1%'25−100%−50%0%50%FY2022 net margin: −44.3%FY2023 net margin: −307.7% (off the scale, which stops at −100.0%)FY2024 net margin: −51.9%FY2025 net margin: −15.1%
Sunpower Inc annual financial statements
FY2021Dec 2021FY2022Dec 2022FY2023Dec 2023FY2024Dec 2024FY2025Dec 2025
Income statement
Revenue—$66.5M$87.6M$108.7M$300.0M
Growth (year over year)——+31.8%+24.1%+175.9%
Gross profit—$19.8M$17.8M$39.5M$129.2M
Gross margin—29.8%20.3%36.3%43.1%
Operating income−$3.78M−$21.2M−$52.4M−$68.5M−$26.9M
Operating margin—−31.8%−59.8%−63.0%−9.0%
Net income$5.13M−$29.5M−$269.6M−$56.5M−$45.4M
Net margin—−44.3%−307.7%−51.9%−15.1%
EPS (diluted)—−$1.31−$4.94−$1.22−$0.52
Balance sheet
Cash and equivalents$277.6K$4.41M$2.59M$13.4M$9.62M
Total assets$346.2M$228.2M$47.3M$144.5M$241.2M
Total liabilities$23.1M$122.9M$124.1M$242.0M$331.3M
Long-term debt———$147.3M$164.8M
Shareholders' equity−$21.4M$105.3M−$76.8M−$97.5M−$90.1M
Cash flow
Operating cash flow−$2.04M−$31.5M−$58.6M−$54.7M−$15.3M
Capital expenditure——$35.0K——
Free cash flow——−$58.6M——

From Sunpower Inc's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →

About Sunpower Inc

Headquarters
Orem, Utah From SEC filings, Oct 2026

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