SunPower (SPWRW) Gross Margin (2022 - 2026)

SunPower (SPWRW) posted Gross Margin of 61.39% for Q1 2026, up 21.43% sequentially from 50.55% in Q4 2025, and up 2648.0% YoY from 2.23% in Q1 2025.

SunPower (SPWRW) Gross Margin (2022 - 2026) Analysis & Trends

SunPower has reported Gross Margin for 5 years, with the latest figure at 61.39% in Q1 2026.

Quarterly Gross Margin rose 2648.0% year-over-year to 61.39% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 49.77% (up 1330.0% YoY) and the FY2025 annual result came in at 43.07%, up 674.0% from the prior year.
Gross Margin grew to 61.39% in Q1 2026 per SPWRW's latest filing, from 50.55% in the prior quarter.
Over five years, Gross Margin peaked at 61.39% in Q1 2026 and troughed at 57.03% in Q3 2024.
A 5-year average of 24.8% and a median of 32.58% in 2022 frame the typical range for Gross Margin.
The sharpest annual moves came in 2024 and 2025: Gross Margin plunged 8239 bps in 2024, then surged 10674 bps in 2025.
Over 5 years, Gross Margin stood at 26.55% in 2022, then slumped by 51 bps to 12.97% in 2023, then surged by 259 bps to 46.54% in 2024, then grew by 9 bps to 50.55% in 2025, then gained by 21 bps to 61.39% in 2026.
According to Business Quant data, Gross Margin over the past three periods registered 61.39%, 50.55%, and 49.71% for Q1 2026, Q4 2025, and Q3 2025 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Gross Margin (Qtr)
1	First Solar	23.03 Bn	21.30 Bn	605.00 Mn	57.28%
2	Nextpower	13.03 Bn	11.82 Bn	335.85 Mn	35.91%
3	Enphase Energy	5.10 Bn	4.16 Bn	175.01 Mn	59.97%
4	Sunrun	2.19 Bn	2.19 Bn	527.54 Mn	60.64%
5	Solaredge Technologies	1.89 Bn	1.31 Bn	95.15 Mn	27.48%
6	Shoals Technologies	1.19 Bn	1.18 Bn	49.53 Mn	30.31%
7	Canadian Solar	985.60 Mn	-602.69 Mn	124.40 Mn	10.22%
8	JinkoSolar Holding	833.21 Mn	-2.48 Bn	147.66 Mn	8.32%
9	Array Technologies	727.02 Mn	419.71 Mn	99.60 Mn	29.12%
10	SunPower	9.56 Mn	57,059.07	44.69 Mn	61.39%

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