6 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $300M | -$45M | 43.1% | -9.0% | — | $189M | $10M |
| 2024 | $109M | -$56M | 36.3% | -63.0% | — | $186M | $13M |
| 2023 | $88M | -$270M | 20.3% | -59.8% | -$59M | — | $3M |
| 2022 | $66M | -$29M | 29.8% | -31.8% | — | — | $4M |
| 2021 | $69M | -$9M | 41.7% | -10.6% | — | — | $5M |
| 2020 | $29M | -$6M | 41.8% | -17.4% | — | — | — |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $73M | $5M | 61.4% | -26.4% | — | — | $9M |
| Dec '25 | $80M | -$14M | 45.0% | -27.4% | — | $189M | $10M |
| Sep '25 | $64M | -$14M | 49.7% | -2.5% | — | $403M | $5M |
| Jun '25 | $66M | -$22M | 43.5% | -4.1% | — | $302M | $11M |
| Mar '25 | $78M | $5M | 34.9% | -4.8% | — | — | $11M |
| Dec '24 | $89M | $47M | 46.5% | -24.2% | — | $186M | $13M |
| Sep '24 | $6M | -$78M | -57.0% | -541.4% | — | — | $80M |
| Jun '24 | $4M | -$16M | -19.9% | -211.4% | — | — | $2M |
| Mar '24 | $10M | -$10M | 22.7% | -75.1% | — | — | $2M |
| Dec '23 | $21M | -$28M | 13.0% | -77.5% | -$12M | — | $3M |
| Oct '23 | $25M | -$207M | 25.4% | -45.1% | -$20M | — | $2M |
| Jul '23 | $26M | -$12M | 23.5% | -50.0% | -$11M | — | — |
| Jun '23 | — | -$3M | — | — | — | — | — |
| Apr '23 | $17M | -$24M | 17.1% | -74.5% | -$16M | — | — |
| Mar '23 | — | $170155 | — | — | — | — | — |
| Dec '22 | $18M | -$19M | 26.5% | -56.2% | — | — | $4M |
| Sep '22 | $12M | -$4M | 32.6% | -26.2% | — | — | $169558 |
| Jun '22 | — | $2M | — | — | — | — | $425945 |
| Mar '22 | — | $1M | — | — | — | — | $78404 |
| Dec '21 | — | -$1M | — | — | — | — | $5M |
How the market has priced SPWR against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, SunPower Inc.'s revenue has grown 59.2% per year. These are computed facts, not advice.
As of FY2025, SunPower Inc. reported $189M of total debt against $10M of cash; operating income covered interest expense -1.1×.
In FY2025, gross margin was 43.1%, operating margin -9.0%, and net margin -15.1%.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.