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
DateValue
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%