SunPower (SPWR) Gross Margin (2022 - 2026)
SunPower (SPWR) reported Gross Margin of 61.39% for Q1 2026, up 2648.0% on a YoY basis from 2.23% in Q1 2025, and up 21.43% sequentially from 50.55% in Q4 2025.
SunPower (SPWR) Gross Margin (2022 - 2026) Analysis & Trends
SunPower (SPWR) has 5 years of Gross Margin data on file, last reported at 61.39% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 2648.0% year-over-year to 61.39%; the trailing twelve-month figure through Mar 2026 stood at 49.77% (up 1330.0% YoY), and the FY2025 full-year result was 43.07%, up 674.0% from the prior year.
- Gross Margin grew to 61.39% in Q1 2026, from 50.55% 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.
- A 5-year average of 24.8% and a median of 32.58% in 2022 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin slumped 8239 bps in 2024 and soared 10674 bps in 2025, its largest moves.
- Tracing SPWR's Gross Margin over 5 years: stood at 26.55% in 2022, then tumbled by 51 bps to 12.97% in 2023, then surged by 259 bps to 46.54% in 2024, then gained by 9 bps to 50.55% in 2025, then grew by 21 bps to 61.39% in 2026.
- Business Quant data shows SPWR's Gross Margin at 61.39% in Q1 2026, 50.55% in Q4 2025, and 49.71% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 46.55% |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 33.77% |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 35.49% |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | 8.32% |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | 21.99% |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 56.42% |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 29.18% |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 10.22% |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 28.20% |
| 10 | SunPower | 60.05 Mn | 58.92 Mn | 44.69 Mn | 61.39% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |