SunPower Inc.
NNASDAQ:SPWRCapital Structure
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Company Description
- CEO
- Thurman John Rodgers
- Full Time Employees
- 785
- Sector
- Industrial services
- Industry
- Engineering & construction
- Address
- 1403 N. Research Way Orem UT United States 84097
- IPO Date
- Feb 26, 2021
- CIK
- 0001838987
- Website
- us.sunpower.com
- Similar Companies
- Business
- SunPower Inc. is a U.S.-based solar energy company specializing in the design, sale, installation, and financing of residential solar energy systems and battery storage solutions. The company offers high-efficiency photovoltaic solar panels, energy storage systems, and custom solar-plus-storage solutions tailored to the unique energy needs of homes and businesses. SunPower’s product portfolio includes industry-leading monocrystalline solar panels, smart energy management systems, and comprehensive warranties backed by decades of solar expertise. The company focuses primarily on the North American residential market, providing integrated solar energy solutions that enhance energy independence and sustainability. Founded in 1985 and headquartered in Fremont, California, SunPower operates across multiple states in the U.S. and has established itself as a major player in residential solar services. In the last two years, SunPower underwent significant strategic changes including filing for Chapter 11 bankruptcy in August 2024 and subsequently having its assets acquired by Complete Solaria, Inc., which then rebranded itself as SunPower in October 2025. The company has also expanded its geographic footprint and market presence through key acquisitions, notably the September 2025 acquisition of Sunder Energy, a prominent residential solar company based in Utah, which expanded SunPower’s operational territory from 22 to 45 states and bolstered its dealer network and solar sales contracts. Additionally, SunPower closed the acquisition of Ambia Solar in November 2025, further solidifying its position as the fifth-largest residential solar provider in the U.S. The company is focused on scaling revenue rapidly with a strategic goal to exceed $1 billion in revenue while achieving profitability, evidenced by three consecutive profitable quarters in 2025 and a strong forecast for continued profitability into 2026. SunPower continues to innovate in solar technology and smart energy ecosystems, emphasizing customer service and cost-effective, sustainable energy solutions. SunPower’s main business segments include the provision of photovoltaic solar panels and system installation, residential battery energy storage products, and integrated solar energy management systems. It provides solar services primarily to homeowners, builders, and dealers in the residential sector, with a comprehensive warranty program offering 25 years of coverage on products and performance. Recent strategic shifts include focusing exclusively on residential markets by divesting prior commercial and manufacturing segments, transitioning previously owned manufacturing operations spun off as Maxeon Solar Technologies. Through its acquisitions and operational restructuring, SunPower aims to offer an intelligent, sustainable energy future for American homes supported by a seamless sales and installation process combined with robust financial and technical support. SunPower’s headquarters is located in Fremont, California, and its operations span a significant portion of the United States. The company employs advanced solar technology such as high-efficiency solar panels, microinverters, and integrated energy storage that enable customers to generate, store, and manage their own clean energy efficiently. Its strategic moves in 2024-2025, including bankruptcy restructuring, multiple acquisitions, and brand revitalization, have positioned it competitively within the residential solar market while aiming for rapid growth and long-term profitability. Overall, SunPower Inc. is a leading U.S. residential solar energy provider offering cutting-edge solar panels, energy storage solutions, and tailored solar services, currently focused on scaling revenue and expanding its geographic and market presence through strategic acquisitions and operational improvements. The company emphasizes sustainability, smart energy ecosystems, and customer-centric solutions backed by decades of industry expertise and innovation.
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