SunPower (SPWR) Gross Margin (2022 - 2026)
SunPower's (SPWR) quarterly Gross Margin came in at 45.5% in Q2 2026, up 953.0% year-over-year from 4.32% in Q2 2025, and down 25.88% quarter-over-quarter from 61.39% in Q1 2026.
Analysis
SunPower (SPWR) Gross Margin (2022 - 2026) Analysis & Trends
SunPower has disclosed Gross Margin across 5 years of filings, most recently posting 45.5% for Q2 2026.
- In Q2 2026, Gross Margin rose 953.0% year-over-year to 45.5%; the TTM figure through Jun 2026 stood at 52.17% (up 1477.0% YoY), while the FY2025 annual figure was 43.07%, up 674.0% from the prior year.
- Gross Margin came in at 45.5% for Q2 2026 at SunPower, down from 61.39% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 61.39% in Q1 2026 to a low of 57.03% in Q3 2024.
- Average Gross Margin over 5 years is 26.28%, with a median of 33.75% recorded in 2025.
- Year-over-year, Gross Margin tumbled 8239 bps in 2024 and jumped 10674 bps in 2025.
- Over 5 years, Gross Margin stood at 26.55% in 2022, then plunged by 51 bps to 12.97% in 2023, then soared by 259 bps to 46.54% in 2024, then advanced by 9 bps to 50.55% in 2025, then fell by 10 bps to 45.5% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 45.5% in Q2 2026, 61.39% in Q1 2026, and 50.55% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunrun | 2.06 Bn | 2.06 Bn | 527.54 Mn | 60.64% |
| 2 | SunPower | 52.30 Mn | 48.20 Mn | 24.96 Mn | 45.50% |
| 3 | SUNation Energy | 21.76 Mn | 18.70 Mn | 2.13 Mn | 26.09% |
| 4 | SolarMax Technology | 10.72 Mn | 6.13 Mn | 3.05 Mn | 20.54% |
| 5 | Founder | 1.62 Mn | -28.27 Mn | - | - |
| 6 | Zeo Energy | 1.57 Mn | 16.56 Mn | 7.62 Mn | 47.15% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 45.50% |
| Mar 29, 2026 | 61.39% |
| Dec 28, 2025 | 50.55% |
| Sep 28, 2025 | 49.71% |
| Jun 29, 2025 | 35.97% |
| Mar 30, 2025 | 34.91% |
| Dec 29, 2024 | 46.54% |
| Sep 29, 2024 | -57.03% |
| Jun 30, 2024 | -19.86% |
| Mar 31, 2024 | 22.74% |
| Dec 31, 2023 | 12.97% |
| Oct 1, 2023 | 25.36% |
| Dec 31, 2022 | 26.55% |
| Sep 30, 2022 | 32.58% |