SunPower (SPWR) Operating Expenses (2021 - 2026)

SunPower (SPWR) reported Operating Expenses of $63.9 million for Q1 2026, up 105.4% on a YoY basis from $31.1 million in Q1 2025, and up 8.86% sequentially from $58.7 million in Q4 2025.

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

SunPower (SPWR) has 6 years of Operating Expenses data on file, last reported at $63.9 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 105.4% year-over-year to $63.9 million; the trailing twelve-month figure through Mar 2026 stood at $188.9 million (up 46.13% YoY), and the FY2025 full-year result was $156.1 million, up 44.56% from the prior year.
  • Operating Expenses advanced to $63.9 million in Q1 2026, 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 jumped 1937.72% in 2022 and declined 6.51% in 2025, its largest moves.
  • Tracing SPWR's Operating Expenses over 5 years: stood at $14.5 million in 2022, then gained by 29.36% to $18.7 million in 2023, then soared by 234.88% to $62.8 million in 2024, then declined by 6.51% to $58.7 million in 2025, then advanced by 8.86% to $63.9 million in 2026.
  • Business Quant data shows SPWR's Operating Expenses at $63.9 million in Q1 2026, $58.7 million in Q4 2025, and $33.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 140.83 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 143.79 Mn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn 130.04 Mn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn -232.93 Mn
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn 123.32 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 765.74 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn 33.29 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn 188.46 Mn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 55.90 Mn
10 SunPower 60.05 Mn 58.92 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