Profitability Achieved
SunPower reported a non-GAAP profit of $1.27 million in Q1 2025, up from a loss of $5.9 million in the prior quarter.
Revenue In Line with Expectations
The company achieved $80 million in revenue for Q1 2025, meeting market expectations and establishing a stable baseline for future growth.
Strategic Partnerships and Board Strengthening
SunPower formed a strategic partnership with Sunder and strengthened its Board with three ex-CEO directors, enhancing governance and strategic direction.
Innovative Hiring and Cost Management
The company implemented a disciplined headcount reduction strategy, reducing employees from 1,341 to 906 and saving an annualized $1.6 million.
Investment in Technology and Talent
SunPower hired industry veterans Dick Swanson and Mehran Sedigh to drive innovation in solar technology and storage systems.