SunPower Corp
F:S9P2
SunPower Corp
SunPower Corp. engages in the design, manufacture, and delivery of solar panels and systems. The company is headquartered in San Jose, California and currently employs 3,660 full-time employees. The company went IPO on 2005-11-17. The firm offers solar + storage solution. Its segments include Residential, Light Commercial (RLC), and Commercial and Industrial (C&I) Solutions. The company offers integrated solar, storage and home energy solutions to customers in the United States and Canada through an array of hardware, software and financing options. Its products include SunPower Equinox, SunPower Helix, SunVault and OneRoof. The company offers SunPower Equinox to its residential business customers and SunPower Helix products for its commercial business customers. The Equinox and Helix systems are pre-engineered modular solutions for residential and light commercial applications, that combine its efficiency solar module technology with integrated plug-and-play power stations, cable management systems and mounting hardware. The company also offers the SunPower InvisiMount residential mounting system in its product portfolio.
SunPower Corp. engages in the design, manufacture, and delivery of solar panels and systems. The company is headquartered in San Jose, California and currently employs 3,660 full-time employees. The company went IPO on 2005-11-17. The firm offers solar + storage solution. Its segments include Residential, Light Commercial (RLC), and Commercial and Industrial (C&I) Solutions. The company offers integrated solar, storage and home energy solutions to customers in the United States and Canada through an array of hardware, software and financing options. Its products include SunPower Equinox, SunPower Helix, SunVault and OneRoof. The company offers SunPower Equinox to its residential business customers and SunPower Helix products for its commercial business customers. The Equinox and Helix systems are pre-engineered modular solutions for residential and light commercial applications, that combine its efficiency solar module technology with integrated plug-and-play power stations, cable management systems and mounting hardware. The company also offers the SunPower InvisiMount residential mounting system in its product portfolio.
Record Quarter: SunPower reported record Q4 revenue of $88.5 million, up 26% from the prior quarter, and record operating income of $3.5 million.
Profitability: The company achieved its fourth consecutive profitable quarter, marking a full profitable year after years of losses.
Acquisition Impact: Acquisitions of Sunder, Ambia, and Cobalt significantly boosted sales force headcount and contributed to revenue and profit growth.
Cash Position: Cash balance rose to $9.3 million. SunPower increased its equity line of credit to $55 million and aims to maintain at least $10 million in cash at all times.
Guidance: Q1 2026 revenue is expected to be $84 million, which would be the company's second-best quarter despite anticipated industry downturn.
Operational Efficiency: Revenue per employee hit a record above $400,000 as cost control and integration of new sales teams drove up productivity.
Technology & Strategy: Management emphasized a shift toward advanced, software-controlled solar systems and highlighted strong partnerships for technology and finance.
