Company data sheet · Sunpower
Sunpower: from profit to four straight losses.
- Industry
- Semiconductors & Related Devices Manufacturing
- Headquarters
- United States
- Sources
- SEC filings (2002–2024), Stratrix's verified Decision Cases, market data and official economic statistics for the United States
- Data as of
- October 18, 2026
- From profit to four straight losses. Sunpower earned $0.3 billion in 2013–2014. Then it lost money every year from fiscal 2016 to 2018: $2.4 billion in all. 2019 was its first profit in five years: $0 billion.
- Left behind by its peers. From 2016 to 2022, its revenue shrank 32% in US dollars; the median among 660 large manufacturers grew 48%. It outgrew only 4% of them.
- Still smaller than it was. Revenue reached $1.7 billion in fiscal 2023, 32% below its fiscal 2017 peak of $2.6 billion.
- Leaders came and went. Sunpower filed 63 leadership changes since 2016, more than 100% of large manufacturers (the median is 19).
Financial results
| Fiscal year | Revenue | Net income | |
|---|---|---|---|
| 2016 | $1.6 billion | −$0.2 billion | |
| 2017 | $2.6 billion | −$0.4 billion | |
| 2017 | $1.9 billion | −$0.9 billion | |
| 2018 | $1.2 billion | −$0.8 billion | |
| 2019 | $1.1 billion | $0 billion | |
| 2021 | $0.9 billion | $0.5 billion | |
| 2022 | $1.1 billion | −$0 billion | |
| 2023 | $1.7 billion | $0 billion |
As reported in its annual filings. Losses in red.
The full data sheet · Data Plan
Everything behind these findings, ready for your board deck.
- Market reaction to disclosed decisions: 136 decision filings since 2016, each linked to the SEC, with the share return against its sector and the S&P 500 the next day and the next year (0 with market data).
- Economic context: 7 measures for the United States, every year since 2016, from the official sources.
- Peer comparison: against 953 companies of its size in its sector.
- Financial results: ten years of revenue, operating and net income, and every annual report, linked.
- Methods and sources, so each number can be checked and cited.
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