SunPower (SPWRW) Gross Margin (2022 - 2026)
SunPower's (SPWRW) quarterly Gross Margin came in at 61.39% in Q1 2026, up 2648.0% year-on-year from 2.23% in Q1 2025, and up 153.32% quarter-over-quarter from 24.23% in Q4 2025.
SunPower (SPWRW) Gross Margin (2022 - 2026) Analysis & Trends
SunPower has disclosed Gross Margin across 5 years of filings, most recently posting 61.39% for Q1 2026.
- Gross Margin for Q1 2026 came in at 61.39%, up 2648.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 40.27% (up 380.0% YoY), and the FY2025 annual result was 43.07%, up 674.0% from the prior year.
- Gross Margin came in at 61.39% for Q1 2026 at SunPower, up from 24.23% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 91.12% in Q3 2025 to a low of 57.03% in Q3 2024.
- The 5-year median for Gross Margin is 26.55% (2022), against an average of 25.96%.
- Across the five-year window, Gross Margin plunged 8239 bps in 2024 and soared 14815 bps in 2025, its largest moves.
- SunPower's Gross Margin stood at 26.55% in 2022, then slumped by 51 bps to 12.97% in 2023, then soared by 259 bps to 46.54% in 2024, then slumped by 48 bps to 24.23% in 2025, then jumped by 153 bps to 61.39% in 2026.
- The last three Gross Margin figures came in at 61.39% (Q1 2026), 24.23% (Q4 2025), and 91.12% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 46.55% |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 33.77% |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 35.49% |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 21.99% |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 75.28% |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 29.18% |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 28.20% |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | 8.32% |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 42.84% |
| 10 | SunPower | - | - | 44.69 Mn | 61.39% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | 61.39% |
| Dec 28, 2025 | 24.23% |
| Sep 28, 2025 | 91.12% |
| Jun 29, 2025 | 35.97% |
| Mar 30, 2025 | 34.91% |
| Dec 29, 2024 | 46.54% |
| Sep 29, 2024 | -57.03% |
| Jun 30, 2024 | -19.86% |
| Mar 31, 2024 | 22.74% |
| Dec 31, 2023 | 12.97% |
| Oct 1, 2023 | 25.36% |
| Dec 31, 2022 | 26.55% |
| Sep 30, 2022 | 32.58% |