SunPower Corp Shares Trade Higher as Record Fourth Quarter Revenue Confirmed

SunPower Corp. (NASDAQ: SPWR) shares were trading at $1.74 as of 12:00 PM EST today, marking an intraday increase of 0.58%. The stock opened the session at $1.76 and has maintained a trading range between $1.61 and $1.82. Today’s market activity follows the company’s formal presentation of fourth-quarter results for the 2025 fiscal year.

Market Capitalization

Based on current intraday trading, SunPower Corp’s market capitalization is approximately $194.69 million.

Latest Quarterly Results

SunPower reported record consolidated revenue of $88.5 million for the fourth quarter ended December 31, 2025. This represents a 26.4% sequential increase from the $70.0 million recorded in the third quarter of 2025. Preliminary non-GAAP operating income reached $3.55 million, compared to $2.02 million in the prior period.

Segment and operational highlights include:

• Revenue Drivers: Growth was fueled by the integration of Sunder Energy and the partial-quarter contribution of Ambia Solar.
• Sales Force: The sales representative headcount rose to 1,977, an increase from approximately 1,100 in the previous quarter.
• Liquidity: Cash and cash equivalents stood at $9.3 million at period-end, up from $5.1 million at the end of Q3 2025.

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Financial Trends

Full-Year Results Context

For the 2025 fiscal year, SunPower recorded total revenue of $308.9 million, up from $108.7 million in fiscal 2024. The company achieved a full-year operating profit of $10.9 million, signaling a trend of growth and a move toward consistent profitability relative to the contraction experienced in the 2023-2024 period.

Business & Operations Update

On January 13, 2026, SunPower announced an amendment to its equity line of credit (ELOC) with White Lion Capital LLC, increasing the commitment to $55 million. Additionally, the company launched the “Monolith” solar panel, a high-wattage frameless product developed through a Joint Development Agreement with REC.

M&A or Strategic Moves

The company has entered into a non-binding Letter of Intent (LOI) to acquire Cobalt Power Systems, a Silicon Valley-based installation firm with approximately $35 million in annual revenue. This all-equity transaction follows the recently closed $37.5 million acquisition of Ambia Solar.

Equity Analyst Commentary

Institutional analysis from Northland Capital Markets noted the company’s aggressive “roll-up” of sales and installation capacity. Cantor Fitzgerald research highlighted the potential for margin expansion as SunPower integrates the Ambia operations management team into its SunPower Direct business unit.

Guidance & Outlook

Management issued guidance for the first quarter of 2026, projecting revenue of $84 million (±$4 million) and operating income of $2.0 million. Market participants are monitoring the impact of seasonal winter installation declines and the integration pace of newly acquired sales teams.

Performance Summary

SunPower shares rose 0.58% to $1.74 in midday trading. The company confirmed record quarterly revenue of $88.5 million and full-year profitability for 2025. Key factors include the expanded $55 million credit line and the pending Cobalt Power Systems acquisition.