SunPower (SPWRW) Debt to Equity (2022 - 2026)

SunPower's (SPWRW) quarterly Debt to Equity came in at -$1.71 in Q1 2026, down 88.12% year-on-year from -$14.38 in Q1 2025, and down 24.05% quarter-over-quarter from -$1.38 in Q4 2025.

SunPower (SPWRW) Debt to Equity (2022 - 2026) Analysis & Trends

SunPower has disclosed Debt to Equity across 5 years of filings, most recently posting -$1.71 for Q1 2026.

  • Debt to Equity for Q1 2026 came in at -$1.71, down 88.12% year-over-year; the trailing twelve-month figure through Mar 2026 was -$1.71 (down 88.12% YoY), and the FY2025 annual result was -$1.38, down 41.59% from the prior year.
  • Debt to Equity came in at -$1.71 for Q1 2026 at SunPower, down from -$1.38 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $0.24 in Q4 2022 to a low of -$1.71 in Q1 2026.
  • The 5-year median for Debt to Equity is -$0.94 (2024), against an average of -$0.7.
  • Across the five-year window, Debt to Equity slumped 12371.07% in 2024 and retreated 13.06% in 2025, its largest moves.
  • SunPower's Debt to Equity stood at $0.24 in 2022, then tumbled by 103.26% to -$0.01 in 2023, then plunged by 12371.07% to -$0.97 in 2024, then plunged by 41.59% to -$1.38 in 2025, then declined by 24.05% to -$1.71 in 2026.
  • The last three Debt to Equity figures came in at -$1.71 (Q1 2026), -$1.38 (Q4 2025), and -$1.22 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 0.04
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn -
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 0.52
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn -
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 0.13
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 0.30
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn -3.11
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn -
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn -
10 SunPower - - 44.69 Mn -1.71

Historic Data

Download Data
DateValue
Mar 29, 2026 -1.71
Dec 28, 2025 -1.38
Sep 28, 2025 -1.22
Jun 29, 2025 -1.06
Mar 30, 2025 -0.91
Dec 29, 2024 -0.97
Sep 29, 2024 -1.08
Jun 30, 2024 -0.07
Mar 31, 2024 -0.11
Dec 31, 2023 -0.01
Oct 1, 2023 -0.13
Dec 31, 2022 0.24