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MARKETS / NASDAQ / SPWR
NASDAQ · CONSTRUCTION - SPECIAL TRADE CONTRACTORS

SunPower Inc. SPWR

5 fiscal years on record · USD · FY2025 reported · SEC filings only
$300.0M
▲ 175.9% YoY
$-45.4M
In brief

What this company does

The Company sells and installs solar systems for residential homeowners, new home builders' communities, and small to medium-sized commercial customers, through third-party sales partners. Its sales partners generate solar installation contracts with homeowners, the Company supplies those partners with software tools, sales support and brand identity, and it fulfills the resulting contracts by engaging local construction specialists and its own in-house installation experts. As of December 28, 2025, it had 785 full-time employees. The Company is headquartered in Orem, Utah. Complete Solaria, Inc. was formed in November 2022 through the merger of Complete Solar Holding Corporation and The Solaria Corporation, both Delaware corporations. The Company was originally known as Freedom Acquisition I Corp and changed its name to Complete Solaria, Inc. on July 18, 2023, in connection with the closing of the Business Combination.

Written from the business description in SunPower Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 14 April 2026. Every sentence was checked against that document before publication.

Growth
USD 300.0M
Revenue, FY2025 · full 5-year series below
Revenue $M Net income $M
FY2025 · Revenue 300.0 · Net income -45.4
100M200M-100M-200M20212022202320242025
Compound annual growth
+65.3%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−15 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -9.0% · Net -15.1%
-100%-200%-300%20212022202320242025
ROE
FY2023 · ROE -1893.7%
-500%-1000%-1500%20212022202320242025

Cash & shareholders
returned in FY2025 · dividends + net buybacks

Total assetsUSD 241.2M
EquityUSD -90.1M
CashUSD 9.6M
Gross debtUSD 189.1M
Net debtUSD 179.4M
Current ratio0.73×

Equity was negative — liabilities exceeded assets. No ratio is shown.

The 5-year record
5 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 20252024202320222021
Revenue $B0.30.10.10.1·
Operating income $B−0.0−0.1−0.1−0.0−0.0
EBITDA $B−0.0−0.1−0.1··
Income tax $B0.0·−0.00.0·
Net income $B−0.0−0.1−0.3−0.00.0
Free cash flow $B··−0.1··
EPS, diluted $−0.52−1.22−4.94−1.31·
Dividend / sh $·····
Payout %·····
ROE %··−1893.7−70.3·
Shares out B0.110.050.050.02·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 1 failures in 26 reconciliationsAUDITED

Reconciled in 5 of 19 fiscal years. 69 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente1 failures
ActivityConstruction - Special Trade Contractors
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 29
SEC categoryemerging growth company
Data on record since2020

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