SunPower (SPWR) Operating Expenses (2021 - 2026)
SunPower's (SPWR) quarterly Operating Expenses came in at $48.4 million in Q2 2026, up 48.04% year-over-year from $32.7 million in Q2 2025, and down 24.21% quarter-over-quarter from $63.9 million in Q1 2026.
Analysis
SunPower (SPWR) Operating Expenses (2021 - 2026) Analysis & Trends
SunPower has disclosed Operating Expenses across 6 years of filings, most recently posting $48.4 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 48.04% year-over-year to $48.4 million; the TTM figure through Jun 2026 stood at $204.6 million (up 33.41% YoY), while the FY2025 annual figure was $156.1 million, up 44.56% from the prior year.
- Operating Expenses came in at $48.4 million for Q2 2026 at SunPower, down from $63.9 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $63.9 million in Q1 2026 to a low of $824081.0 in Q2 2022.
- Average Operating Expenses over 5 years is $24.4 million, with a median of $18.0 million recorded in 2023.
- Year-over-year, Operating Expenses surged 1937.72% in 2022 and fell 6.51% in 2025.
- Over 5 years, Operating Expenses stood at $14.5 million in 2022, then advanced by 29.36% to $18.7 million in 2023, then jumped by 234.88% to $62.8 million in 2024, then fell by 6.51% to $58.7 million in 2025, then decreased by 17.5% to $48.4 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $48.4 million in Q2 2026, $63.9 million in Q1 2026, and $58.7 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunrun | 2.04 Bn | 2.04 Bn | 527.54 Mn | 835.20 Mn |
| 2 | SunPower | 47.08 Mn | 42.98 Mn | 24.96 Mn | 48.42 Mn |
| 3 | SUNation Energy | 25.09 Mn | 22.03 Mn | 2.13 Mn | 5.31 Mn |
| 4 | SolarMax Technology | 11.28 Mn | 6.70 Mn | 3.05 Mn | 2.95 Mn |
| 5 | Founder | 1.63 Mn | -28.25 Mn | - | - |
| 6 | Zeo Energy | 1.57 Mn | 16.56 Mn | 7.62 Mn | 19.16 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 48.42 Mn |
| Mar 29, 2026 | 63.88 Mn |
| Dec 28, 2025 | 58.68 Mn |
| Sep 28, 2025 | 33.65 Mn |
| Jun 29, 2025 | 32.71 Mn |
| Mar 30, 2025 | 31.10 Mn |
| Dec 29, 2024 | 62.77 Mn |
| Sep 29, 2024 | 26.81 Mn |
| Jun 30, 2024 | 8.60 Mn |
| Mar 31, 2024 | 9.83 Mn |
| Dec 31, 2023 | 18.74 Mn |
| Oct 1, 2023 | 17.31 Mn |
| Jun 30, 2023 | 1.51 Mn |
| Mar 31, 2023 | 1.62 Mn |
| Dec 31, 2022 | 14.49 Mn |
| Sep 30, 2022 | 7.20 Mn |
| Jun 30, 2022 | 824,081.00 |
| Mar 31, 2022 | 1.20 Mn |
| Dec 31, 2021 | 2.76 Mn |
| Sep 30, 2021 | 353,484.00 |