SunPower Inc.
Financial highlights
| Metric | FY 12/28/25 | FY 12/29/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $300.0M | $108.7M | $87.6M | $66.5M | — |
| Cost of revenue | $170.8M | $69.2M | $69.8M | $46.6M | — |
| Gross profit | $129.2M | $39.5M | $17.8M | $19.8M | — |
| Operating expenses | $156.1M | $108.0M | $70.1M | $41.0M | — |
| Operating income | -$26.9M | -$68.5M | -$52.4M | -$21.2M | -$3.8M |
| Interest expense | $25.1M | $16.2M | $14.0M | $5.0M | — |
| Pretax income | -$42.7M | -$54.4M | -$96.2M | -$28.0M | — |
| Income tax expense | $1.6M | — | -$20,000 | $27,000 | — |
| Net income | -$45.4M | -$56.5M | -$269.6M | -$29.5M | $5.1M |
| Balance Sheet | |||||
| Cash and equivalents | $9.6M | $13.4M | $2.6M | $4.4M | $277,583 |
| Current assets | $112.9M | $95.6M | $37.7M | $55.3M | $1.0M |
| Total assets | $241.2M | $144.5M | $47.3M | $228.2M | $346.2M |
| Current liabilities | $154.6M | $79.4M | $109.2M | $60.1M | $2.6M |
| Total liabilities | $331.3M | $242.0M | $124.1M | $122.9M | $23.1M |
| Stockholders' equity | -$90.1M | -$97.5M | -$76.8M | $105.3M | -$21.4M |
| Cash Flow Statement | |||||
| Cash from operations | -$15.3M | -$54.7M | -$58.6M | -$31.5M | -$2.0M |
| Depreciation and amortization | $3.0M | $2.0M | $930,000 | $648,000 | — |
| Stock-based compensation | $10.5M | $3.1M | $3.4M | $433,000 | — |
| Capital expenditure | — | — | $35,000 | — | — |
| Free cash flow | — | — | -$58.6M | — | — |
| Share repurchases | — | — | $4.6M | — | — |
| Impairments | $113,000 | $3.8M | — | — | — |
Shares outstanding 146.3M · Free float 41.8%
Annual filing data through FY ended December 28, 2025; float as of July 15, 2026.