SunPower (SPWR) Gross Margin (2022 - 2026)
SunPower recorded quarterly Gross Margin of 61.39% in Q1 2026, up 153.32% quarter-over-quarter from 24.23% in Q4 2025, and up 2648.0% year-over-year from 2.23% in Q1 2025.
SunPower's Gross Margin history runs 5 years deep, the most recent figure standing at 61.39% for Q1 2026.
- In Q1 2026, Gross Margin rose 2648.0% year-over-year to 61.39%; the TTM figure through Mar 2026 stood at 40.27% (up 380.0% YoY), while the FY2025 annual figure was 43.07%, up 674.0% from the prior year.
- Gross Margin came in at 61.39% for Q1 2026 at SunPower, up from 24.23% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 91.12% in Q3 2025 to a low of 57.03% in Q3 2024.
- A 5-year average of 25.96% and a median of 26.55% in 2022 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin tumbled 8239 bps in 2024 and jumped 14815 bps in 2025, its largest moves.
- SunPower's Gross Margin stood at 26.55% in 2022, then sank by 51 bps to 12.97% in 2023, then jumped by 259 bps to 46.54% in 2024, then sank by 48 bps to 24.23% in 2025, then surged by 153 bps to 61.39% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 61.39%, 24.23%, and 91.12% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 46.55% |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 33.77% |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 10.22% |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 35.49% |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 21.99% |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 75.28% |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 29.18% |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 28.20% |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | 8.32% |
| 10 | SunPower | 132.98 Mn | 131.84 Mn | 44.69 Mn | 61.39% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | 61.39% |
| Dec 28, 2025 | 19.32% |
| Sep 28, 2025 | 45.77% |
| Jun 29, 2025 | 42.59% |
| Mar 30, 2025 | 48.51% |
| 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% |