SunPower (SPWR) Operating Expenses (2021 - 2026)

SunPower's (SPWR) quarterly Operating Expenses came in at $63.9 million in Q1 2026, up 105.4% year-on-year from $31.1 million in Q1 2025, and up 8.86% quarter-over-quarter from $58.7 million in Q4 2025.

SunPower (SPWR) Operating Expenses (2021 - 2026) Analysis & Trends

SunPower has disclosed Operating Expenses across 6 years of filings, most recently posting $63.9 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $63.9 million, up 105.4% year-over-year; the trailing twelve-month figure through Mar 2026 was $188.9 million (up 46.13% YoY), and the FY2025 annual result was $156.1 million, up 44.56% from the prior year.
  • Operating Expenses came in at $63.9 million for Q1 2026 at SunPower, up from $58.7 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.
  • The 5-year median for Operating Expenses is $17.3 million (2023), against an average of $23.0 million.
  • Across the five-year window, Operating Expenses jumped 1937.72% in 2022 and declined 6.51% in 2025, its largest moves.
  • SunPower's 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 climbed by 8.86% to $63.9 million in 2026.
  • The last three Operating Expenses figures came in at $63.9 million (Q1 2026), $58.7 million (Q4 2025), and $33.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 140.83 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 143.79 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 130.04 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn 123.32 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 765.74 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 33.29 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 55.90 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn -232.93 Mn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn 13.20 Mn
10 SunPower 103.15 Mn 102.02 Mn 44.69 Mn 63.88 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 448,441.00