Filing Flows › SunPower (SPWR) › Q2 2025
SunPower (SPWR) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 13, 2025
SunPower (SPWR) reported revenue of $66.1M for the second quarter 2025 (Q2 2025), up 15-fold from a year earlier and -16% from the quarter before. Operating margin was -13.5%, net loss $27.3M (41.3% of revenue).
SunPower, Q2 2025: revenue $66.1M (15× year over year), operating margin -13.5%, net loss $27.3M, operating cash flow −$4.4M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $66.1M | -16% | 15× |
| Operating profit | −$8.9M | — | — |
| Net earnings | −$27.3M | -668% | — |
| Operating cash flow | −$4.4M | — | — |
What changed
Revenue was $66.1M in Q2 2025, up 1372% year over year and down 16% from the previous quarter.
Gross margin was 36.0%. Operating costs exceeded revenue by $8.9M, an operating margin of -13.5%. The fastest-growing cost line was Other operating costs (+284%). The quarter ended with a net loss of $27.3M, after a profit of $4.8M the previous quarter. Net interest and other expense of $18.4M was the main reason.
Operating cash flow was −$4.4M. Non-cash charges added back $1.4M of depreciation and amortization and $5.3M of share-based compensation. Working capital and other items added $16.2M.
Questions
What was SunPower's revenue in the second quarter 2025?
SunPower (SPWR) reported revenue of $66.1M for the second quarter 2025 (Q2 2025), up 15-fold from a year earlier and -16% from the quarter before.
Was SunPower profitable in the second quarter 2025?
Operating loss was $8.9M (-13.5% of revenue) and net loss $27.3M.
Source: SunPower 10-Q on SEC EDGAR.