olivLaw · US equity research
SunPower Inc. SPWR
Construction - Special Trade Contractors · SIC 1700 · Vertical: Construction - Special Trade Contractors (SIC 1700)
SunPower Inc. is a residential solar company based in Orem, Utah, that sells, finances and installs home solar systems through a network of sales partners and builder partners. The company is under strain, with losses, a going-concern warning and revenue that fell from '$72.8 million' in the first quarter to '$56.0 million' in the second quarter of 2026, leaving its recovery an open question.
At the close of 04 Nov 2026, SunPower Inc. (SPWR) stock was 0.24 USD (+7.08% on the day), with market capitalisation 50.5 m USD, beta 1.87, 52-week range 0.22–2.04 USD. Latest reported quarter (Q2 2026): revenue of 54.9 m USD (−17.0% YoY), net income of 6.9 m USD, diluted EPS 0.00 USD.
Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.
Price history
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Technical reading
- RSI (14)
- 43.6
- weak (30–45)
- Bollinger (20, 2)
- 0.21 – 0.28
- in the lower half of the band · %B 0.46 · band width 30.0%
- SMA 50 / 200
- 0.29 / 0.83
- downtrend (price < SMA50 < SMA200)
- MACD (12, 26, 9)
- -0.02 / -0.02
- MACD above signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | S&P 500 | vs S&P 500 | Vertical median | |
|---|---|---|---|---|
| 1 month | −22.2% | −1.1% | −21.1 pp | — |
| 3 months | −9.7% | −0.5% | −9.2 pp | — |
| 6 months | −76.5% | +4.4% | −80.9 pp | — |
| Year to date | −84.6% | +12.3% | −96.9 pp | — |
| 1 year | −85.1% | +13.5% | −98.6 pp | −46.5% |
| 3 years | −80.5% | +76.4% | −156.9 pp | −8.3% |
| 5 years | unavailable | +63.7% | unavailable | — |
Price returns, dividends excluded.
Quarterly results
Latest quarter: Q2 2026 · 28 Jun 2026
Quarterly margins
Quarterly statements · USD
| Fiscal year | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5.5 m | 88.7 m | 78.4 m | 66.1 m | 64.5 m | 91.0 m | 72.8 m | 54.9 m |
| Cost of revenue | 8.7 m | 47.4 m | 51.0 m | 42.3 m | 32.4 m | 45.0 m | 28.1 m | 29.9 m |
| Gross profit | -3.2 m | 41.3 m | 27.4 m | 23.8 m | 32.1 m | 46.0 m | 44.7 m | 25.0 m |
| Operating income | -30.0 m | -21.5 m | -3.7 m | -8.9 m | -1.6 m | -12.7 m | -19.2 m | -23.5 m |
| Depreciation & amortisation | 305.0 k ≈ | 1.0 m | 1.6 m | 1.4 m ≈ | 600.0 k | -1.3 m | 3.6 m | 3.2 m ≈ |
| Interest expense | 50.0 k | 24.5 m | 6.0 m | 6.4 m | 3.7 m | 21.0 m | 100.0 k | 8.5 m |
| Pre-tax income | -78.0 m | 47.0 m | 4.8 m | -27.3 m | -12.6 m | -7.6 m | 4.6 m | 6.9 m |
| Income tax | 0 ≈ | — | — | — | — | — | -608.0 k | 0 ≈ |
| Net income | -78.0 m | 47.0 m | 4.8 m | -27.3 m | -13.7 m | -9.1 m | 5.3 m | 6.9 m |
| Diluted EPS | -1.03 | 0.40 ≈ | 0.02 | -0.34 | -0.15 | -0.09 ≈ | 0.00 | 0.00 |
| Operating cash flow | -21.5 m ≈ | -25.6 m | -2.6 m | -4.4 m ≈ | -6.2 m ≈ | -2.1 m | -25.7 m | -26.5 m ≈ |
≈ derived quarter (cumulative difference / share-days average)
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Fiscal years
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | unavailable | 66.5 m | 87.6 m | 108.7 m | 300.0 m |
| Revenue YoY | unavailable | unavailable | +31.8% | +24.1% | +175.9% |
| Net income | 5.1 m | -29.5 m | -269.6 m | -56.5 m | -45.4 m |
| Net income YoY | unavailable | −674.8% | unavailable | unavailable | unavailable |
| Diluted EPS | unavailable | -1.31 | -4.94 | -1.22 | -0.52 |
| Diluted EPS YoY | unavailable | unavailable | unavailable | unavailable | unavailable |
| net % | unavailable | -44.3% | -307.7% | -51.9% | -15.1% |
| Free cash flow | unavailable | unavailable | -58.6 m | unavailable | unavailable |
Reported results vs expectations
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Balance sheet & financial health
Fiscal year 2025 · 28 Dec 2025
- Cash
- 9.6 m USD
- Financial debt
- 189.1 m USD
- Net debt
- 179.4 m USD
- Equity
- -90.1 m USD
- Total assets
- 241.2 m USD
- Debt / equity
- unavailable
- Current ratio
- 0.73x
- ROE
- unavailable
- ROA
- -23.5%
- FCF margin
- unavailable
Financial statements (source on every figure)
Revenue and net income (USD)
Margins
Income statement · USD
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|
| Revenue | — | 66.5 m | 87.6 m | 108.7 m | 300.0 m | SEC (XBRL)· 14 Apr 2026verified |
| Cost of revenue | — | 46.6 m | 69.8 m | 69.2 m | 170.8 m | SEC (XBRL)· 14 Apr 2026verified |
| Gross profit | — | 19.8 m | 17.8 m | 39.5 m | 129.2 m | SEC (XBRL)· 14 Apr 2026verified |
| Operating income | -3.8 m | -21.2 m | -52.4 m | -68.5 m | -26.9 m | SEC (XBRL)· 14 Apr 2026verified |
| Depreciation & amortisation | — | 648.0 k | 930.0 k | 2.0 m | 3.0 m | SEC (XBRL)· 14 Apr 2026verified |
| EBITDA | — | -20.5 m ≈ | -51.4 m ≈ | -66.5 m ≈ | -23.9 m ≈ | SEC (XBRL)· 14 Apr 2026derived |
| Interest expense | — | 5.0 m | 14.0 m | 16.2 m | 25.1 m | SEC (XBRL)· 14 Apr 2026verified |
| Pre-tax income | — | -28.0 m | -96.2 m | -54.4 m | -42.7 m | SEC (XBRL)· 14 Apr 2026verified |
| Income tax | — | 27.0 k | -20.0 k | — | 1.6 m | SEC (XBRL)· 14 Apr 2026verified |
| Net income | 5.1 m | -29.5 m | -269.6 m | -56.5 m | -45.4 m | SEC (XBRL)· 14 Apr 2026verified |
| Diluted EPS | — | -1.31 | -4.94 | -1.22 | -0.52 | SEC (XBRL)· 14 Apr 2026verified |
| Weighted average diluted shares | — | 22.5 m | 24.7 m | 75.8 m | 87.1 m | SEC (XBRL)· 14 Apr 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating income + Depreciation & amortisation.
Balance sheet · USD
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|
| Cash | 277.6 k | 4.4 m | 2.6 m | 13.4 m | 9.6 m | SEC (XBRL)· 14 Apr 2026verified |
| Receivables | — | 27.7 m | 26.3 m | 51.9 m | — | SEC (XBRL)· 19 May 2026verified |
| Inventories | — | 13.1 m | 3.1 m | 22.1 m | 4.4 m | SEC (XBRL)· 14 Apr 2026verified |
| Current assets | 1.0 m | 55.3 m | 37.7 m | 95.6 m | 112.9 m | SEC (XBRL)· 14 Apr 2026verified |
| Property, plant & equipment, net | — | 3.5 m | 4.3 m | 5.5 m | 4.9 m | SEC (XBRL)· 14 Apr 2026verified |
| Goodwill | — | — | — | 18.5 m | 62.6 m | SEC (XBRL)· 14 Apr 2026verified |
| Intangibles (excl. goodwill) | — | 42.6 m | — | 17.4 m | 50.8 m | SEC (XBRL)· 14 Apr 2026verified |
| Total assets | 346.2 m | 228.2 m | 47.3 m | 144.5 m | 241.2 m | SEC (XBRL)· 14 Apr 2026verified |
| Accounts payable | 2.6 m | 14.5 m | 13.1 m | 8.0 m | 26.2 m | SEC (XBRL)· 14 Apr 2026verified |
| Short-term debt | — | 0 | 33.3 m | 1.5 m | 24.3 m | SEC (XBRL)· 14 Apr 2026verified |
| Long-term debt | — | — | — | 147.3 m | 164.8 m | SEC (XBRL)· 14 Apr 2026verified |
| Current liabilities | 2.6 m | 60.1 m | 109.2 m | 79.4 m | 154.6 m | SEC (XBRL)· 14 Apr 2026verified |
| Total liabilities | 23.1 m | 122.9 m | 124.1 m | 242.0 m | 331.3 m | SEC (XBRL)· 14 Apr 2026verified |
| Equity | -21.9 m | 105.3 m † | -76.8 m † | -97.5 m † | -90.1 m † | SEC (XBRL)· 14 Apr 2026verified |
| Shares outstanding at year end | — | — | — | — | 107.6 m | SEC (XBRL)· 19 Dec 2025verified |
† equity attributable to the parent's shareholders: in these years the issuer no longer reports the total including non-controlling interests.
Cash flow · USD
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|
| Operating cash flow | -2.0 m | -31.5 m | -58.6 m | -54.7 m | -15.3 m | SEC (XBRL)· 14 Apr 2026verified |
| Capex | — | — | 35.0 k | — | — | SEC (XBRL)· 01 Apr 2024verified |
| Free cash flow | — | — | -58.6 m ≈ | — | — | SEC (XBRL)· 01 Apr 2024derived |
| Investing cash flow | -345.0 m | 3.3 m | 6.2 m | -54.7 m | -19.3 m | SEC (XBRL)· 14 Apr 2026verified |
| Financing cash flow | 347.3 m | 31.2 m | 50.4 m | 120.1 m | 30.9 m | SEC (XBRL)· 14 Apr 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating cash flow − Capex.
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
Risk
Valuation
olivLaw classification
- indicators available: 4 of at least 6
- score weight coverage: 25.0% of at least 60%
- valuation methods computed: 0 of at least 1
A scoring methodology on indicators and valuation, not investment advice.
Closing price
04 Nov 2026Source: olivLaw, closing series
Market cap: 50.5 m USD
Key indicators
Coverage and freshness
Score by group
25% · Insufficient data
Estimated value range
unavailable — no valuation method could be computed
Valuation assumptions are editorial choices, not measured; beta is not measured.
Valuation methods
- DCF (discounted cash flow)unavailable · the input exists, but its latest figure is far older than the latest reported period: not used
- Peers: EV/EBITDAunavailable · the base of the ratio is not positive
- Peers: P/Eunavailable · the base of the ratio is not positive
- Dividend discount (DDM)unavailable · the company pays no dividend: a dividend model needs an explicit initiation assumption
no valuation method could be computed
Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.
Assumptions (illustrative, editorial)
- Risk-free rate
- 4.3%
- Equity risk premium
- 5.0%
- Beta (default)
- 1.00
- Cost of equity
- 9.3%
- Terminal growth
- 2.5%
Factor scorecard
Insufficient data
Minimum-evidence gate: indicators available: 4 of at least 6; score weight coverage: 25.0% of at least 60%; valuation methods computed: 0 of at least 1
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROIC · Quality | unavailable | unavailable | — |
| Net margin · Quality | -3.8% | 50 (vs peers) | 25% |
| FCF conversion · Quality | unavailable | unavailable | — |
| Revenue CAGR 3Y · Growth | 65.3% | 100 (on a fixed band) | 33% |
| EPS CAGR 3Y · Growth | unavailable | unavailable | — |
| Net debt / EBITDA · Balance sheet | unavailable | unavailable | — |
| Interest coverage · Balance sheet | -1.7x | 0 (on a fixed band) | 25% |
| Current ratio · Balance sheet | 0.8x | 1 (on a fixed band) | 17% |
| P/E (TTM) · Valuation | unavailable | unavailable | — |
| EV/EBITDA · Valuation | unavailable | unavailable | — |
| FCF yield · Valuation | unavailable | unavailable | — |
| Shareholder yield (distributions) · Returns | unavailable | unavailable | — |
| Payout ratio (FCF) · Returns | unavailable | unavailable | — |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet1/100 · 2/3 factors with a value
- Growth· partial100/100 · 1/2 factors with a value
- Quality· partial50/100 · 1/3 factors with a value
- Returns· partialunavailable · 0/2 factors with a value
- Valuation· partialunavailable · 0/3 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
SUNPOWER INC. (SPWR). Latest full fiscal year: 2025; data up to 2026-06-28.
Figures computed from the financial statements: revenue 300.0 m USD in 2025; YoY growth 175.9%; net margin -3.8%.
Valuation cannot be computed from the available data.
Insufficient data for a verdict (indicators available: 4 of at least 6; score weight coverage: 25.0% of at least 60%; valuation methods computed: 0 of at least 1).
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- Revenue CAGR 3Y: 65.3%
What contradicts it
- Interest coverage: -1.7x
- Current ratio: 0.8x
Not assessed (insufficient data or a ratio without meaning): ROIC, FCF conversion, EPS CAGR 3Y, Net debt / EBITDA, P/E (TTM), EV/EBITDA, FCF yield, Shareholder yield (distributions), Payout ratio (FCF).
Versus the vertical median
Construction - Special Trade Contractors (SIC 1700) · same industry (4-digit SIC) · compared with 18 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| AGXArgan Inc | 4.1 bn | 23.0 | 39.8% | 15.1% | +8.1% | −26% / +523% |
| BBUCBrookfield Business Corporation | 2.7 bn | — | 2.4% | 1.4% | −32.4% | −11% / +70% |
| RUNSunrun Inc. | 2.1 bn | 4.4 | 16.2% | 14.0% | +45.1% | −57% / −32% |
| LMBLimbach Holdings, Inc. | 681.6 m | 22.7 | 16.0% | 4.2% | +24.7% | −18% / +52% |
| BBCPConcrete Pumping Holdings, Inc. | 510.5 m | 59.8 | 3.9% | 2.4% | −7.7% | +61% / +36% |
| PHOEPhoenix Asia Holdings Limited | 401.7 m | — | -25.9% | -16.7% | −2.2% | +32% / unavailable |
| MTRXMatrix Service Company | 258.3 m | — | -1.8% | -0.3% | +13.6% | −22% / −8% |
| MSGYMasonglory Limited | 66.8 m | 7.0 | -135.4% | -34.0% | +1.0% | −82% / unavailable |
| SPWRSunpower Inc. | 50.5 m | — | — | -3.8% | +175.9% | −85% / −80% |
| FGLFounder Group Limited | 24.7 m | — | -31.9% | -5.6% | unavailable | −100% / unavailable |
| SMXTSolarMax Technology, Inc. | 19.5 m | — | — | -7.9% | +295.8% | −63% / unavailable |
| PMAMing Shing Group Holdings Limited | 16.9 m | — | — | -39.4% | −56.8% | −23% / unavailable |
| WXMWF International Limited | 14.4 m | — | -71.9% | -24.5% | −13.7% | −62% / unavailable |
| CETXCemtrex, Inc. | 1.7 m | — | -152.4% | -38.4% | +14.4% | −97% / −100% |
| KAZRSkyline Builders Group Holding Limited | — | — | 20.6% | 18.1% | +8.9% | −54% / unavailable |
| LGNLegence Corp. | — | — | -7.5% | -1.2% | +21.5% | −30% / unavailable |
| ZEOZeo Energy Corp. | 0 | — | — | -15.4% | −5.3% | −83% / −98% |
| AMRCAmeresco, Inc. | — | — | 5.5% | 3.3% | +28.8% | −39% / −29% |
| PBKPOWERBANK Corp | — | — | -174.4% | -74.7% | −28.9% | −90% / unavailable |
1- and 3-year price returns: for SPWR from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (USD)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable |
| 3 years | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable |
| 5 years | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable |
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
In brief
SunPower Inc. is a residential solar company based in Orem, Utah, that sells, finances and installs home solar systems through a network of sales partners and builder partners. The company is under strain, with losses, a going-concern warning and revenue that fell from '$72.8 million' in the first quarter to '$56.0 million' in the second quarter of 2026, leaving its recovery an open question.
SWOT
Strengths
- The company has a platform of software tools, sales support and a national partner network that lets it compete with larger providers 1.
- Its customer experience, tailored designs and financing offers could help retain customers for additional products 1.
- Recent acquisitions brought new sales networks and installation capacity into areas where the company had not previously operated 12.
Weaknesses
- The company has reported continuing losses and a large accumulated deficit, and management has flagged significant doubt about its ability to continue as a going concern 1.
- Internal controls had material weaknesses, and some quarterly reports were restated, which weakens confidence in the financial information 1.
- Second-quarter 2026 results were hit by delayed jobs and quality problems in the direct division, showing fragility in execution 3.
Opportunities
- If cost reductions and management changes prove effective, the company could return to profitability sooner 3.
- Expansion into battery storage and higher-margin commercial projects could diversify revenue 13.
- Sales through national partners and integration of acquired networks could bring larger volumes at lower acquisition costs 1.
Threats
- Faster removal of federal tax credits could reduce demand for residential installations and hurt revenue 1.
- Shareholder dilution could increase if the company issues new shares or convertible securities to fund operations 12.
- A Nasdaq notice on the minimum bid price could lead to delisting if the situation is not corrected within the allowed period 2.
Risks
- Going concernhigh
Management has identified conditions that raise substantial doubt about the company's ability to continue as a going concern, and financing remains essential 1.
- Shareholder dilutionhigh
Issuing shares or convertible securities to raise funds could reduce the stake of existing shareholders and give new investors preferred rights 12.
- Internal controlshigh
The reported material weaknesses and the restatement of interim periods could affect the accuracy and timing of financial reports 1.
- Nasdaq listing noticemedium
If the share price does not recover above the minimum threshold within the set period, the company could face a delisting procedure 2.
- Goodwill impairmentmedium
A sustained drop in market capitalisation could require an impairment test, which could have a material adverse effect on financial results 2.
Investment thesis
What would need to be true (bull case)
- If cost reductions and the correction of quality problems work, the company could quickly return to higher revenue and a smaller operating loss 3.
- Recent acquisitions could provide an installation base and partner network that are hard to replicate, supporting growth across several states 12.
- If demand for storage grows, the product portfolio and existing partnerships could generate extra revenue at better margins 1.
What would break the thesis
- Financing could remain expensive and keep diluting shareholders, especially if operating results do not improve 12.
- Internal control deficiencies and second-quarter execution delays could point to structural problems that take longer to fix than expected 13.
- Removal of federal incentives could reduce demand in an already competitive market, and the company could struggle to protect its margins 1.
What to watch
- Revenue recovery and operating loss against the third-quarter outlookQ3 2026
- Development of the cash position and the need for further financingQ3 2026
- Whether the Nasdaq minimum bid price requirement is metJanuary 2027
- Final audit results for fiscal 2026 and any new internal control weaknessesnext 10-K
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
The business
SunPower Inc., formerly Complete Solaria, aims to deliver energy-efficient solutions to homeowners and small to medium-sized businesses that lower energy bills and reduce carbon footprints 1. Its model combines a software platform, sales support and financing, with contracts generated by sales partners and installation handled by in-house experts or builder partners 1. Through acquisitions of SunPower assets in September 2024 and of Sunder, Ambia and Cobalt in 2025 and early 2026, it expanded its sales and installation footprint, but it still depends on additional funding 12.
The company sold its solar panel business to Maxeon in October 2023, a divestiture that produced a significant loss from discontinued operations 1. Several executive roles changed in 2026, including the chief financial officer position 2.
The company reports three segments: Residential Solar Installation, New Homes Business and Dealer 2. In the second quarter of 2026 its direct division suffered job delays, which management attributed to internal quality problems 3.
Segments
Residential Solar Installation
This segment earns revenue from cash sales, third-party financing and power purchase or lease structures, recognised when installation is substantially complete 1.
New Homes Business
The segment sells solar systems to homebuilders and includes the Cobalt business, and in July 2026 management announced a reorganisation of this segment's leadership teams 3.
Dealer
The dealer segment was reported separately in 2026 and reflects the sales partner network acquired through Sunder, Ambia and the SunPower assets 2.
Market context
The US residential solar market is competitive, and the company faces rivals among traditional electricity utilities, national vertically integrated companies and local contractors 1. Rising labour costs, interest rates and tariffs shape demand and costs 1.
The policy framework has shifted: the One Big Beautiful Bill Act, enacted in July 2025, accelerated the end of certain federal solar tax credits and added new compliance requirements 1. These changes could reduce demand for residential installations if incentives fall away faster than expected 1.
Trends
- Loss of federal tax creditsheadwind
The OBBBA accelerated the termination of certain clean energy credits, which could reduce the appeal of residential installations if customers lose support 1.
- Consolidation through acquisitionsmixed
The Sunder, Ambia and Cobalt acquisitions expanded geographic reach and installation capacity, but also brought integration costs and further capital needs 12.
- Growing demand for battery storagetailwind
The company links part of its growth to battery sales in partnership with Enphase, on the basis that energy prices could rise and raise the need for storage 1.
- Supply chain and component constraintsheadwind
Shortages of panels, inverters and batteries affected results, and volatility in equipment and labour costs remains a pressure 1.
Competitive position
The main competitors are traditional electricity utilities, national vertically integrated companies with established brands and proprietary financing, local solar contractors and sales aggregators 1. The company says it compares favourably with these groups on customer experience and partner terms 1.
Competition also comes from finance-driven organisations that subcontract installations, and from large construction companies and utilities 1. Differentiation depends on maintaining quality and converting orders into recognised revenue 3.
- Vertically integrated national solar companies
Competitors with established brands and in-house consumer financing products, as named in the annual report 1.
- Local solar contractors
Small firms with lower fixed overheads but narrower systems and product offerings, as named in the annual report 1.
- Sales aggregators
Companies that generate installation contracts through third-party sales firms and compete on the experience of builder partners 1.
- Finance-driven solar firms and utilities
Organisations that acquire customers and subcontract installation, along with utilities and large construction firms, as named in the annual report 1.
Links, dependencies and risks
Who the company is tied to, from its own SEC filings (customers, suppliers, production, partners, competitors, countries, regulation), from the 5 %+ holders' statements (13D/13G) and from what other companies say about it. Click a node for its evidence; on a listed company the graph moves to it.
Loading the links…
News & filings
In the press
- SunPower Shares Fall 17.2% Following $26.2 Million Private PlacementYahoo Finance — News · 04 Sept 2026 · EN
The latest news item in our archive is from 04 Sept 2026; the newest SEC filing is from 30 Oct 2026. The press archive comes from the RSS feeds we follow and does not necessarily cover the latest event — the filings alongside do.
SEC filings
- Current report30 Oct 2026Other events · Financial statements and exhibits
- Proxy statement28 Sept 2026
- Current report17 Sept 2026Departure or appointment of officers · Item 5.08 · Other events
- Current report03 Sept 2026Material agreement · Item 3.02 · Regulation FD disclosure · Financial statements and exhibits
- Current report28 Aug 2026Material agreement · Item 3.02 · Financial statements and exhibits
- Quarterly report21 Aug 2026
- Current report10 Aug 2026Material agreement · Item 3.02
- Current report28 Jul 2026Results of operations · Regulation FD disclosure · Financial statements and exhibits
- Current report22 Jul 2026Delisting notice
- Current report22 Jul 2026Material agreement · Item 3.02 · Financial statements and exhibits
Sources
- [1] Form 10-K, fiscal year ended 2025-12-28 · SEC / SunPower Inc. · 14 Apr 2026
- [2] Form 10-Q, quarter ended 2026-06-28 · SEC / SunPower Inc. · 21 Aug 2026
- [3] Form 8-K, results release (exhibit 99.1) · SEC / SunPower Inc. · 28 Jul 2026
Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.