SunPower (SPWR) Interest Coverage Ratio (2022 - 2026)
SunPower (SPWR) reported Interest Coverage Ratio of 2.77 for Q1 2026, down 549.47% on a YoY basis from 0.62 in Q1 2025, and down 293.29% sequentially from 0.7 in Q4 2025.
SunPower (SPWR) Interest Coverage Ratio (2022 - 2026) Analysis & Trends
SunPower (SPWR) has 5 years of Interest Coverage Ratio data on file, last reported at 2.77 in Q1 2026.
- For the quarter ending Q1 2026, Interest Coverage Ratio fell 549.47% year-over-year to 2.77; the trailing twelve-month figure through Mar 2026 stood at 1.91 (up 41.38% YoY), and the FY2025 full-year result was 1.24, down 129.45% from the prior year.
- Interest Coverage Ratio declined to 2.77 in Q1 2026, from 0.7 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 10.94 in Q4 2022 to a low of 29.46 in Q4 2023.
- A 5-year average of 3.26 and a median of 2.09 in 2024 frame the typical range for Interest Coverage Ratio.
- Across the five-year window, Interest Coverage Ratio surged 147.14% in 2025 and slumped 549.47% in 2026, its largest moves.
- Tracing SPWR's Interest Coverage Ratio over 5 years: stood at 10.94 in 2022, then tumbled by 369.33% to 29.46 in 2023, then surged by 96.66% to 0.98 in 2024, then advanced by 28.43% to 0.7 in 2025, then plunged by 293.29% to 2.77 in 2026.
- Business Quant data shows SPWR's Interest Coverage Ratio at 2.77 in Q1 2026, 0.7 in Q4 2025, and 0.43 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 6.14 |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 5.78 |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | -1.04 |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | - |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | -0.66 |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | -0.21 |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 2.66 |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 1.32 |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 0.25 |
| 10 | SunPower | 60.05 Mn | 58.92 Mn | 44.69 Mn | -2.77 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | -2.77 |
| Dec 28, 2025 | -0.70 |
| Sep 28, 2025 | -0.43 |
| Jun 29, 2025 | 1.40 |
| Mar 30, 2025 | 0.62 |
| Dec 29, 2024 | -0.98 |
| Sep 29, 2024 | -2.09 |
| Jun 30, 2024 | -2.97 |
| Mar 31, 2024 | -2.11 |
| Dec 31, 2023 | -29.46 |
| Oct 1, 2023 | -5.82 |
| Dec 31, 2022 | 10.94 |
| Sep 30, 2022 | -8.02 |