SunPower (SPWR) Operating Income (2021 - 2026)

SunPower's (SPWR) quarterly Operating Income came in at -$19.2 million in Q1 2026, down 415.16% year-on-year from $6.1 million in Q1 2025, and down 51.28% quarter-over-quarter from -$12.7 million in Q4 2025.

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

SunPower has disclosed Operating Income across 6 years of filings, most recently posting -$19.2 million for Q1 2026.

  • Operating Income for Q1 2026 came in at -$19.2 million, down 415.16% year-over-year; the trailing twelve-month figure through Mar 2026 was -$42.4 million (up 34.46% YoY), and the FY2025 annual result was -$26.9 million, up 60.69% from the prior year.
  • Operating Income came in at -$19.2 million for Q1 2026 at SunPower, down from -$12.7 million in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $16.1 million in Q4 2023 to a low of -$30.0 million in Q3 2024.
  • The 5-year median for Operating Income is -$7.5 million (2024), against an average of -$7.5 million.
  • Across the five-year window, Operating Income slumped 807.82% in 2022 and soared 263.52% in 2023, its largest moves.
  • SunPower's Operating Income stood at -$9.8 million in 2022, then jumped by 263.52% to $16.1 million in 2023, then sank by 233.57% to -$21.5 million in 2024, then soared by 40.99% to -$12.7 million in 2025, then slumped by 51.28% to -$19.2 million in 2026.
  • The last three Operating Income figures came in at -$19.2 million (Q1 2026), -$12.7 million (Q4 2025), and -$1.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 345.30 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 153.59 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn -29.64 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn -55.04 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn -43.51 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 7.72 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 7.11 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn -85.26 Mn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn -2.41 Mn
10 SunPower 103.15 Mn 102.02 Mn 44.69 Mn -19.20 Mn

Historic Data

Download Data
DateValue
Mar 29, 2026 -19.20 Mn
Dec 28, 2025 -12.69 Mn
Sep 28, 2025 -1.60 Mn
Jun 29, 2025 -8.92 Mn
Mar 30, 2025 -3.73 Mn
Dec 29, 2024 -21.50 Mn
Sep 29, 2024 -29.97 Mn
Jun 30, 2024 -9.49 Mn
Mar 31, 2024 -7.54 Mn
Dec 31, 2023 16.10 Mn
Oct 1, 2023 -11.08 Mn
Jun 30, 2023 -1.51 Mn
Mar 31, 2023 -1.62 Mn
Dec 31, 2022 -9.84 Mn
Sep 30, 2022 -3.21 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