SunPower Inc. (SPWR)

SunPower Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 28, 2025	Dec 29, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	308.94	108.74	87.62	66.48	68.82	29.38
Revenue Growth (YoY)	657.27%	24.11%	31.80%	-3.40%	134.24%	-
Cost of Revenue	174.38	69.24	69.83	46.65	40.12	17.1
Gross Profit	134.57	39.5	17.79	19.83	28.69	12.28
Selling, General & Admin	153.99	100.81	70.15	40.99	36.02	17.4
Operating Expenses	153.99	100.81	70.15	40.99	36.02	17.4
Operating Income	-19.42	-61.31	-52.36	-21.16	-7.33	-5.12
Interest Expense	-31.33	-16.22	-14.03	-4.99	-1.71	-0.52
Interest & Investment Income	-	0.02	0.04	0.01	-	-
Other Non Operating Income (Expenses)	72.44	9.18	-12.98	-5.09	-1.99	-0.04
EBT Excluding Unusual Items	21.69	-68.33	-79.33	-31.23	-11.03	-5.68
Merger & Restructuring Charges	-7.2	-7.2	-2.39	-	-	-
Gain (Loss) on Sale of Investments	-	-	-4.15	-	-	-
Other Unusual Items	2.39	21.09	-10.34	3.24	1.75	-
Pretax Income	16.88	-54.44	-96.22	-28	-9.28	-5.68
Income Tax Expense	-0.01	-	-0.02	0.03	0	0
Earnings From Continuing Operations	16.89	-54.44	-96.2	-28.02	-9.28	-5.68
Earnings From Discontinued Operations	-1.1	-2.01	-173.36	-1.45	-	-
Net Income	15.79	-56.45	-269.56	-29.48	-9.28	-5.68
Net Income to Common	15.79	-56.45	-269.56	-29.48	-9.28	-5.68
Shares Outstanding (Basic)	82	67	25	23	12	10
Shares Outstanding (Diluted)	91	76	25	23	12	10
Shares Change (YoY)	55.69%	206.57%	9.76%	87.86%	22.85%	-
EPS (Basic)	0.19	-0.85	-10.90	-1.31	-0.77	-0.58
EPS (Diluted)	-0.22	-1.22	-10.90	-1.31	-0.77	-0.58
Free Cash Flow	-38.96	-54.66	-58.65	-31.51	-11	-6.25
Free Cash Flow Per Share	-0.43	-0.72	-2.37	-1.40	-0.92	-0.64
Gross Margin	43.56%	36.33%	20.30%	29.83%	41.70%	41.80%
Operating Margin	-6.29%	-56.38%	-59.76%	-31.83%	-10.65%	-17.41%
Profit Margin	5.11%	-51.91%	-307.66%	-44.34%	-13.49%	-19.34%
Free Cash Flow Margin	-12.61%	-50.27%	-66.94%	-47.41%	-15.99%	-21.27%
EBITDA	-13.38	-58.57	-51.43	-20.51	-6.86	-4.82
EBITDA Margin	-4.33%	-53.86%	-58.70%	-30.85%	-9.97%	-16.40%
D&A For EBITDA	6.04	2.74	0.93	0.65	0.46	0.3
EBIT	-19.42	-61.31	-52.36	-21.16	-7.33	-5.12
EBIT Margin	-6.29%	-56.38%	-59.76%	-31.83%	-10.65%	-17.41%

Updated Sep 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q