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 →
Growth & profitability
Revenue has grown 59.2% per year over the past 5 years.
Operating margin has expanded, at -9.0% in the latest year.
Financial health
Total debt ($189M) exceeds cash ($10M); net debt is $179M.
Total debt has grown slower than revenue (1.7% vs 59.2% per year).
Operating income covered interest expense -1.1× in the latest year.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
$300M
-$45M
43.1%
-9.0%
50.3%
-18.8%
—
$189M
$10M
2024
$109M
-$56M
36.3%
-63.0%
57.9%
-39.1%
—
$186M
$13M
2023
$88M
-$270M
20.3%
-59.8%
350.9%
-569.6%
-$59M
—
$3M
2022
$66M
-$29M
29.8%
-31.8%
-28.0%
-12.9%
—
—
$4M
2021
$69M
-$9M
41.7%
-10.6%
43.4%
-35.2%
—
—
$5M
2020
$29M
-$6M
41.8%
-17.4%
-29129.5%
-4449.8%
—
—
—
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Jun '26
$55M
$7M
45.5%
-42.8%
-26.2%
2.8%
—
$180M
$4M
Mar '26
$73M
$5M
61.4%
-26.4%
-8.5%
2.0%
—
—
$9M
Dec '25
$80M
-$14M
45.0%
-27.4%
15.7%
-5.9%
—
$189M
$10M
Sep '25
$64M
-$14M
49.7%
-2.5%
11.6%
-6.9%
—
$403M
$5M
Jun '25
$66M
-$27M
36.0%
-13.5%
24.0%
-18.4%
—
$302M
$11M
Mar '25
$78M
$5M
34.9%
-4.8%
-5.2%
3.4%
—
—
$11M
Dec '24
$89M
$47M
46.5%
-24.2%
-48.2%
32.5%
—
$186M
$13M
Sep '24
$6M
-$78M
-57.0%
-541.4%
54.6%
-72.2%
—
—
$80M
Jun '24
$4M
-$16M
-19.9%
-211.4%
17.3%
-47.6%
—
—
$2M
Mar '24
$10M
-$10M
22.7%
-75.1%
11.3%
-23.5%
—
—
$2M
Dec '23
$21M
-$28M
13.0%
-77.5%
36.0%
-58.4%
-$12M
—
$3M
Oct '23
$25M
-$207M
25.4%
-45.1%
407.4%
-287.3%
-$20M
—
$2M
Jul '23
$26M
-$12M
23.5%
-50.0%
-15.9%
—
-$11M
—
—
Jun '23
—
-$3M
—
—
13.4%
-2.2%
—
—
—
Apr '23
$17M
-$24M
17.1%
-74.5%
-28.4%
—
-$16M
—
—
Mar '23
—
$170155
—
—
-1.1%
0.1%
—
—
—
Dec '22
$18M
-$19M
26.5%
-56.2%
-17.7%
-8.2%
—
—
$4M
Sep '22
$12M
-$4M
32.6%
-26.2%
24.7%
-1.2%
—
—
$169558
Jun '22
—
$2M
—
—
-10.8%
0.6%
—
—
$425945
Mar '22
—
$1M
—
—
-6.3%
0.4%
—
—
$78404
Valuation over time
How the market has priced SPWRW against its own fundamentals since 2025-04 —
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.
The price-to-sales ratio has fallen from 0.1× (Apr '25) to 0.0× (Sep '26).
Price / sales (P/S)
P/S
Frequently asked questions
Is SPWRW growing its revenue and profit?
Over the past 5 years, SunPower Inc.'s revenue has grown 59.2% per year. These are computed facts, not advice.
How much debt does SPWRW have?
As of FY2025, SunPower Inc. reported $189M of total debt against $10M of cash; operating income covered interest expense -1.1×.
What is SPWRW's profit margin?
In FY2025, gross margin was 43.1%, operating margin -9.0%, and net margin -15.1%.
Where does this data come from?
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.