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Companies / Industrials / SunPower Inc.
SPWR

SunPower Inc.

IndustrialsConstruction
Ticker SPWROREM, UTFiscal year ends DecemberBook value per share $-0.15Diluted shares 173.7M

SunPower Inc., trading on The Nasdaq Global Market under the ticker symbol SPWR, operates as a residential solar energy sales and installation company headquartered in Utah. The company's website is https://us.sunpower.com. SunPower was formed through the November 2022 merger of Complete Solar and The Solaria… From the company’s description.

Fiscal year 2025 · ends 12-29Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-28
Sales & profitability
$300.00M
+175.9% year over year
Last 12 mo $283.12M
-8.98%
+54 percentage points
Last 12 mo -20.11%
$-44.25M
+18.7% year over year
Last 12 mo $-9.59M
50.31%
−7.6 percentage points
Last 12 mo 40.67%
Cash & financing
$-15.33M
+72.0% year over year
Last 12 mo $-60.46M
$-15.33M
+72.5% year over year
Last 12 mo $-60.46M
-1.99
Was -0.97× a year earlier
Last 12 mo -3.91
87.1M
+14.9% year over year
Last 12 mo 173.7M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What SunPower Inc. does

In the company’s own words

SunPower Inc., trading on The Nasdaq Global Market under the ticker symbol SPWR, operates as a residential solar energy sales and installation company headquartered in Utah. The company's website is https://us.sunpower.com. SunPower was formed through the November 2022 merger of Complete Solar and The Solaria Corporation, creating a technology-enabled platform for clean energy products. The company rebranded to SunPower Inc. in April 2025 following its acquisition of certain assets from SunPower Corporation's bankruptcy estate in September 2024.

The company delivers solar system sales and installation services to homeowners, home builders, and small to medium-sized commercial customers through a network of third-party sales partners and in-house installation teams. SunPower's business model emphasizes a differentiated customer experience through customized system designs, tailored pricing, and consultative sales processes. The company manages the complete project lifecycle from customer acquisition and system design through permitting, installation, and ongoing maintenance.

SunPower's platform incorporates proprietary software tools and processes that streamline design, proposals, and project management. The company leverages Salesforce.com for order management and operates the Merdeka software platform acquired through its September 2025 purchase of Sunder Energy LLC, which provides visibility from customer bookings to system energization. The company also acquired Albatross, an order-to-management software platform, through the SunPower Businesses acquisition.

Recent acquisitions have expanded SunPower's operational footprint and capabilities. Beyond the SunPower Businesses acquisition, the company completed purchases of Sunder Energy LLC in September 2025, Ambia Energy LLC in November 2025, and Cobalt Power Systems Inc. in January 2026. These acquisitions provide direct sales force capabilities, installation expertise, and geographic expansion into new markets including the San Francisco Bay area.

As of December 28, 2025, SunPower employed 785 full-time employees. The company leases all facilities and maintains no owned real property. SunPower sources solar modules, inverters, racking systems, and battery storage components from select distributors and approved suppliers. The company also offers battery storage solutions through a partnership with Enphase and electric vehicle charging options where beneficial to customers.

Company details
Sector
Industrials
Industry
Construction
Headquarters
OREM, UT
Fiscal year end
December
CIK
1838987
SIC
1700

Financial performance, year by year

Fiscal 2021–2025 · USD
$-135.82M$-16.96M$101.90M$220.76M$339.62M20212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns SunPower Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

40
funds hold it
0 of 35
superinvestors hold it
$5.82M
held by funds, at market

Largest fund holders · SunPower Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Small Cap Index Fund
FSSNX · Fidelity Salem Street Trust
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD RUSSELL 2000 INDEX FUND
VTWO · VANGUARD SCOTTSDALE FUNDS
0.00%of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
0.00%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do SunPower Inc. and its peers compare on margins and cash generation over ten years?”
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