SunPower (SPWR) Debt to Equity (2022 - 2026)
SunPower's (SPWR) quarterly Debt to Equity came in at -$1.71 in Q1 2026, down 88.12% year-on-year from -$14.38 in Q1 2025, and down 24.05% quarter-over-quarter from -$1.38 in Q4 2025.
SunPower (SPWR) Debt to Equity (2022 - 2026) Analysis & Trends
SunPower has disclosed Debt to Equity across 5 years of filings, most recently posting -$1.71 for Q1 2026.
- Debt to Equity for Q1 2026 came in at -$1.71, down 88.12% year-over-year; the trailing twelve-month figure through Mar 2026 was -$1.71 (down 88.12% YoY), and the FY2025 annual result was -$1.38, down 41.59% from the prior year.
- Debt to Equity came in at -$1.71 for Q1 2026 at SunPower, down from -$1.38 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $0.24 in Q4 2022 to a low of -$1.71 in Q1 2026.
- The 5-year median for Debt to Equity is -$0.94 (2024), against an average of -$0.7.
- Across the five-year window, Debt to Equity slumped 12371.07% in 2024 and retreated 13.06% in 2025, its largest moves.
- SunPower's Debt to Equity stood at $0.24 in 2022, then tumbled by 103.26% to -$0.01 in 2023, then plunged by 12371.07% to -$0.97 in 2024, then plunged by 41.59% to -$1.38 in 2025, then declined by 24.05% to -$1.71 in 2026.
- The last three Debt to Equity figures came in at -$1.71 (Q1 2026), -$1.38 (Q4 2025), and -$1.22 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 0.04 |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 0.52 |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | - |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 0.13 |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 0.30 |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | -3.11 |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | - |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | - |
| 10 | SunPower | 103.15 Mn | 102.02 Mn | 44.69 Mn | -1.71 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | -1.71 |
| Dec 28, 2025 | -1.38 |
| Sep 28, 2025 | -1.22 |
| Jun 29, 2025 | -1.06 |
| Mar 30, 2025 | -0.91 |
| Dec 29, 2024 | -0.97 |
| Sep 29, 2024 | -1.08 |
| Jun 30, 2024 | -0.07 |
| Mar 31, 2024 | -0.11 |
| Dec 31, 2023 | -0.01 |
| Oct 1, 2023 | -0.13 |
| Dec 31, 2022 | 0.24 |