Want to see SPWR full AI Analyst Report?
Earnings Data
Report Date
Aug 25, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.11Last Year’s EPS
-0.1Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call balanced meaningful operational and commercial progress (record bookings, rising ASP driven by battery attach, acquisitions that beef up sales capacity, a $41M capital raise, and implemented cost cuts) against significant near-term execution and financial-reporting challenges (Q1 revenue miss, a sizeable non-GAAP operating loss driven by one-time spending, restatements, CFO transition, workforce reductions, and identified accounting/control deficiencies). Management presented a clear plan to tighten controls, reduce costs, and convert strong bookings into Q3 revenue that should enable profitability if execution holds, but material risks remain in finance processes, cash-flow breakeven needs, and salesforce stability.Company Guidance
Record Quarterly Bookings
Q1 2026 bookings reached a company record of 4,446 jobs (driven by recent acquisitions Sunder, Ambia and Cobalt), providing a strong pipeline that management expects to convert into Q3 revenue.
Average Selling Price Increasing (Battery Attach Upsell)
Average selling price (ASP) is ~ $32,000 per installation and rising; battery attachments add roughly $10,000 (bringing an example ASP to ~$42,000), improving per-job revenue and margins.
Capital Raise and Debt Reduction
Raised $41 million in the quarter and used most of it to pay down debt, while retaining approximately $10 million in working cash to stabilize the balance sheet.
Planned and Realized Cost Reductions
Management implemented cost cuts that reduce operating expense by $9.9 million per quarter (effective early May), including a RIF of 115 and other overhead reductions; cuts expected to materially reduce Q2 losses.
Near-Term Profitability and Growth Targets
Guidance: Q2 revenue estimated at $75 million (up $3 million from last quarter's plan); management expects to be profitable and cash-flow positive at or above $96 million in Q3 2026 and targets a $1 billion revenue run rate by Q3 2028.
Salesforce Scale and Mix Shift
Direct field sales force grew to ~1,552 reps representing ~90% of revenue; Sunder and Ambia acquisitions contribute significant sales capacity (about half of current bookings attributable to Sunder-originated reps).
Shorter Conversion Cycle Visibility
Median booking-to-revenue conversion is ~2 months (rule of thumb ~90 days), giving management visibility to translate Q2 bookings into Q3 revenue.
Strengthened Governance and Audit Response
Company completed the 2025 10-K audit restatement process, formalized audit-response procedures (responding to 390 requests), and added Bernard Gutmann to the Board/Audit Committee to bolster finance oversight.
SPWR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SPWR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 12, 2026 | $1.14 | $0.97 | -14.91% |
Jan 20, 2026 | $1.73 | $1.70 | -1.73% |
Oct 21, 2025 | $1.75 | $2.00 | +14.29% |
Jul 22, 2025 | $1.77 | $1.82 | +2.82% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Sunpower Inc. (SPWR) report earnings?
Sunpower Inc. (SPWR) is schdueled to report earning on Aug 25, 2026, After Close (Confirmed).
What is Sunpower Inc. (SPWR) earnings time?
Sunpower Inc. (SPWR) earnings time is at Aug 25, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SPWR EPS forecast?
SPWR EPS forecast for the fiscal quarter 2026 (Q2) is -0.11.
