Filing Flows › SunPower (SPWR) › Q1 2026 › vs Q1 2025
SunPower (SPWR) Q1 2026 vs Q1 2025 (year over year)
SunPower's revenue fell $5.6M (-7%) from $78.4M in Q1 2025 to $72.8M in Q1 2026. The biggest changes: New Homes Business −$27.3M (-65%); Residential Solar Installation −$5.0M (-14%).
SunPower, Q1 2026: revenue $72.8M (-7% year over year), operating margin -26.4%, net earnings $5.2M, operating cash flow −$25.7M. The chart draws each line against Q1 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q1 2025 | Change | % |
|---|---|---|---|---|
| Residential Solar Installation | $31.5M | $36.5M | −$5.0M | -14% |
| New Homes Business | $14.6M | $41.9M | −$27.3M | -65% |
| Revenue | $72.8M | $78.4M | −$5.6M | -7% |
| Other income, net | $23.8M | $8.5M | $15.3M | +179% |
| Income tax benefit | $608K | $0 | $608K | — |
| Costs & expenses | $97.2M | $87.0M | $10.3M | +12% |
| Operating costs | $92.0M | $82.1M | $9.8M | +12% |
| Net earnings | $5.2M | $4.8M | $438K | +9% |
| Cost of revenue | $28.1M | $51.0M | −$22.9M | -45% |
| General & admin | $30.3M | $14.9M | $15.4M | +104% |
| Other operating costs | $33.6M | $7.7M | $25.9M | +337% |
| Operating cash sources | $36.1M | $9.5M | $26.6M | +281% |
| Depreciation & amortization | $3.6M | $1.6M | $2.0M | +128% |
| Share-based compensation | $1.6M | $469K | $1.1M | +242% |
| Cash used in operations | $25.7M | $2.6M | $23.0M | +877% |
| Working capital & other | $36.1M | $9.5M | $26.6M | +281% |
Questions
How much did SunPower's revenue grow year over year in Q1 2026?
SunPower's revenue fell $5.6M (-7%) from $78.4M in Q1 2025 to $72.8M in Q1 2026.
What drove SunPower's revenue change in Q1 2026?
New Homes Business −$27.3M (-65%); Residential Solar Installation −$5.0M (-14%).