Growth Metrics

SunPower (SPWR) Operating Expenses (2021 - 2026)

SunPower recorded quarterly Operating Expenses of $63.9 million in Q1 2026, up 8.86% quarter-over-quarter from $58.7 million in Q4 2025, and up 105.4% year-over-year from $31.1 million in Q1 2025.

SunPower's Operating Expenses history runs 6 years deep, the most recent figure standing at $63.9 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 105.4% year-over-year to $63.9 million; the TTM figure through Mar 2026 stood at $188.9 million (up 46.13% YoY), while the FY2025 annual figure 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.
  • A 5-year average of $23.0 million and a median of $17.3 million in 2023 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses surged 1937.72% in 2022 and fell 6.51% in 2025, its largest moves.
  • SunPower's Operating Expenses stood at $14.5 million in 2022, then climbed by 29.36% to $18.7 million in 2023, then surged by 234.88% to $62.8 million in 2024, then retreated by 6.51% to $58.7 million in 2025, then grew by 8.86% to $63.9 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $63.9 million, $58.7 million, and $33.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 140.83 Mn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 143.79 Mn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 188.46 Mn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 130.04 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn 123.32 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 765.74 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 33.29 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn 55.90 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn -232.93 Mn
10 SunPower 132.98 Mn 131.84 Mn 44.69 Mn 63.88 Mn

Historic Data

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DateValue
Mar 29, 2026 63.88 Mn
Dec 28, 2025 57.72 Mn
Sep 28, 2025 35.48 Mn
Jun 29, 2025 31.48 Mn
Mar 30, 2025 39.10 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
Mar 31, 2021 220,628.00