Stocks · Industrials · Construction - Special Trade Contractors

SunPower Inc.

SPWR Clue Score49
United States Fiscal year ends December CIK 0001838987
$0.27 -6.50% Close, 12 Oct 2026
Price $0.27 −74.17% Close, 12 Oct 2026

Closing prices at the end of each trading day, from 21 Aug 2024. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2021Operating income−3.8Net income5.1Fiscal year 2022Revenue66.5Operating income−21.2Net income−29.5 −674.8%EPS, diluted−1.31Fiscal year 2023Revenue87.6 +31.8%Operating income−52.4Net income−269.6EPS, diluted−4.94Fiscal year 2024Revenue108.7 +24.1%Operating income−68.5Net income−56.5EPS, diluted−1.22Fiscal year 2025Revenue300.0 +175.9%Operating income−26.9Net income−45.4EPS, diluted−0.52
FY2021FY2022FY2023FY2024FY2025
Revenue n/a 66.5 87.6 108.7 300.0
Growth +31.8% +24.1% +175.9%
Operating income −3.8 −21.2 −52.4 −68.5 −26.9
Net income 5.1 −29.5 −269.6 −56.5 −45.4
Growth −674.8%
EPS, diluted n/a −1.31 −4.94 −1.22 −0.52

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2021Fiscal year 2022Gross margin29.8%Operating margin−31.8%Net margin−44.3%Fiscal year 2023Gross margin20.3%Operating margin−59.8%Net margin−307.7%Free cash flow margin−66.9%Fiscal year 2024Gross margin36.3%Operating margin−63.0%Net margin−51.9%Fiscal year 2025Gross margin43.1%Operating margin−9.0%Net margin−15.1%
FY2021FY2022FY2023FY2024FY2025
Gross margin n/a 29.8% 20.3% 36.3% 43.1%
Operating margin n/a −31.8% −59.8% −63.0% −9.0%
Net margin n/a −44.3% −307.7% −51.9% −15.1%
Free cash flow margin n/a n/a −66.9% n/a n/a

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2021Operating cash flow−2.0Fiscal year 2022Operating cash flow−31.5Fiscal year 2023Operating cash flow−58.6Capital expenditure−0.0Free cash flow−58.6Fiscal year 2024Operating cash flow−54.7Fiscal year 2025Operating cash flow−15.3
FY2021FY2022FY2023FY2024FY2025
Operating cash flow −2.0 −31.5 −58.6 −54.7 −15.3
Capital expenditure n/a n/a −0.0 n/a n/a
Free cash flow n/a n/a −58.6 n/a n/a
Growth

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2021Cash0.3Shareholders’ equity−21.4Fiscal year 2022Cash4.4Shareholders’ equity105.3Fiscal year 2023Cash2.6Shareholders’ equity−76.8Fiscal year 2024Cash13.4Total debt184.5Net cash (debt)−171.1Shareholders’ equity−97.5Fiscal year 2025Cash9.6Total debt164.8Net cash (debt)−155.1Shareholders’ equity−90.1
FY2021FY2022FY2023FY2024FY2025
Cash 0.3 4.4 2.6 13.4 9.6
Total debt n/a n/a n/a 184.5 164.8
Net cash (debt) n/a n/a n/a −171.1 −155.1
Shareholders’ equity −21.4 105.3 −76.8 −97.5 −90.1

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 29 Dec 2024 FY2025 28 Dec 2025
Margins
n/a 29.8% 20.3% 36.3% 43.1%
n/a −31.8% −59.8% −63.0% −9.0%
n/a −42.1% −109.8% −50.1% −14.2%
n/a −44.3% −307.7% −51.9% −15.1%
n/a n/a −66.9% n/a n/a
Spending
n/a n/a 36.6% 70.4% 30.0%
n/a n/a 0.0% n/a n/a
Returns
n/a −28.0% n/a n/a n/a
1.5% −12.9% −569.6% −39.1% −18.8%
Balance and payout
6.7% 53.9% 262.3% 167.5% 137.4%