SunPower (SPWRW) Operating Expenses (2021 - 2026)
SunPower's (SPWRW) quarterly Operating Expenses came in at $63.9 million in Q1 2026, up 105.4% year-on-year from $31.1 million in Q1 2025, and up 8.86% quarter-over-quarter from $58.7 million in Q4 2025.
SunPower (SPWRW) Operating Expenses (2021 - 2026) Analysis & Trends
SunPower has disclosed Operating Expenses across 6 years of filings, most recently posting $63.9 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at $63.9 million, up 105.4% year-over-year; the trailing twelve-month figure through Mar 2026 was $188.9 million (up 46.13% YoY), and the FY2025 annual result was $156.1 million, up 44.56% from the prior year.
- Operating Expenses came in at $63.9 million for Q1 2026 at SunPower, up 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.
- The 5-year median for Operating Expenses is $17.3 million (2023), against an average of $23.0 million.
- Across the five-year window, Operating Expenses jumped 1937.72% in 2022 and declined 6.51% in 2025, its largest moves.
- SunPower's Operating Expenses stood at $14.5 million in 2022, then advanced by 29.36% to $18.7 million in 2023, then jumped by 234.88% to $62.8 million in 2024, then fell by 6.51% to $58.7 million in 2025, then climbed by 8.86% to $63.9 million in 2026.
- The last three Operating Expenses figures came in at $63.9 million (Q1 2026), $58.7 million (Q4 2025), and $33.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 140.83 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 143.79 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 130.04 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 123.32 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 765.74 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 33.29 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 55.90 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | -232.93 Mn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 13.20 Mn |
| 10 | SunPower | - | - | 44.69 Mn | 63.88 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |