SunPower (SPWR) Net Margin (2022 - 2026)
SunPower's (SPWR) quarterly Net Margin came in at 7.21% in Q1 2026, up 108.0% year-on-year from 3.47% in Q1 2025, and up 118.53% quarter-over-quarter from 38.92% in Q3 2025.
SunPower (SPWR) Net Margin (2022 - 2026) Analysis & Trends
SunPower has disclosed Net Margin across 5 years of filings, most recently posting 7.21% for Q1 2026.
- Net Margin for Q1 2026 came in at 7.21%, up 108.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 9.83% (up 720.0% YoY), and the FY2025 annual result was 0.37%, up 5155.0% from the prior year.
- Net Margin came in at 7.21% for Q1 2026 at SunPower, up from 38.92% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 50.73% in Q4 2024 to a low of 1408.2% in Q3 2024.
- The 5-year median for Net Margin is 40.13% (2025), against an average of 205.51%.
- Across the five-year window, Net Margin sank 137402 bps in 2024 and surged 136929 bps in 2025, its largest moves.
- SunPower's Net Margin stood at 98.36% in 2022, then sank by 647 bps to 735.23% in 2023, then soared by 107 bps to 50.73% in 2024, then sank by 177 bps to 38.92% in 2025, then surged by 119 bps to 7.21% in 2026.
- The last three Net Margin figures came in at 7.21% (Q1 2026), 38.92% (Q3 2025), and 41.35% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 33.19% |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 17.10% |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | -2.63% |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | -18.48% |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | -41.17% |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | -0.21% |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | -6.06% |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | -3.78% |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | -6.95% |
| 10 | SunPower | 103.15 Mn | 102.02 Mn | 44.69 Mn | 7.21% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | 7.21% |
| Sep 28, 2025 | -38.92% |
| Jun 29, 2025 | -41.35% |
| Mar 30, 2025 | 6.14% |
| Dec 29, 2024 | 50.73% |
| Sep 29, 2024 | -1,408.20% |
| Jun 30, 2024 | -44.68% |
| Mar 31, 2024 | -95.50% |
| Dec 31, 2023 | -735.23% |
| Oct 1, 2023 | -34.18% |
| Dec 31, 2022 | -98.36% |
| Sep 30, 2022 | -33.82% |