SunPower (SPWRW) Tax Rate (2022 - 2026)
SunPower (SPWRW) posted Tax Rate of 12.93% for Q1 2026, down 973.69% sequentially from 1.48% in Q4 2024.
SunPower (SPWRW) Tax Rate (2022 - 2026) Analysis & Trends
SunPower has reported Tax Rate for 4 years, with the latest figure at 12.93% in Q1 2026.
- Quarterly Tax Rate changed N/A year-over-year to 12.93% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.25% (changed N/A YoY) and the FY2025 annual result came in at 3.7%, down 240.0% from the prior year.
- Tax Rate slipped to 12.93% in Q1 2026 per SPWRW's latest filing, from 1.48% in the prior quarter.
- Over five years, Tax Rate peaked at 7.04% in Q4 2022 and troughed at 34.41% in Q4 2023.
- A 4-year average of 5.56% and a median of 0.01% in 2024 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2023 and 2024: Tax Rate slumped 4145 bps in 2023, then surged 3589 bps in 2024.
- Over 4 years, Tax Rate stood at 7.04% in 2022, then sank by 588 bps to 34.41% in 2023, then soared by 104 bps to 1.48% in 2024, then plunged by 974 bps to 12.93% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 12.93%, 1.48%, and 0.07% for Q1 2026, Q4 2024, and Q2 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 8.01% |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn | 16.88% |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn | 41.71% |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | 1.87% |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | -8.19% |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 21.67% |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn | -3.52% |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn | -31.47% |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn | 23.33% |
| 10 | SunPower | 9.56 Mn | 57,059.07 | 44.69 Mn | -13.10% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | -12.93% |
| Mar 29, 2026 | -12.93% |
| Mar 29, 2026 | -12.93% |
| Dec 29, 2024 | 1.48% |
| Dec 29, 2024 | 1.48% |
| Dec 29, 2024 | 1.48% |
| Jun 30, 2024 | -0.07% |
| Jun 30, 2024 | -0.07% |
| Jun 30, 2024 | -0.07% |
| Mar 31, 2024 | -0.01% |
| Mar 31, 2024 | -0.01% |
| Mar 31, 2024 | -0.01% |
| Dec 31, 2023 | -34.41% |
| Dec 31, 2023 | -34.41% |
| Dec 31, 2023 | -34.41% |
| Oct 1, 2023 | 0.00% |
| Oct 1, 2023 | 0.00% |
| Oct 1, 2023 | 0.00% |
| Dec 31, 2022 | 7.04% |
| Dec 31, 2022 | 7.04% |