10-Q quarterly report · filed Aug 21, 2026

SunPower Inc. (SPWR) Q2 2026 10-Q Quarterly Report

Short answer

SunPower Inc. (SPWR) filed its Q2 2026 10-Q quarterly report on Aug 21, 2026 for the quarter ended Jun 28, 2026. Quarterly revenue was $55M (down 18.8% year over year) with net income of $7M.

Q2 2026 key financials · XBRL

Revenue
$55M
−18.8% YoY · −24.6% QoQ
Net income
$7M
+130.7% YoY · +31.3% QoQ
Operating margin
-42.8%
Gross margin
45.5%
EPS (diluted)
$0.00
+100.0% YoY

Source: XBRL data from the SunPower Inc. (SPWR) Q2 2026 10-Q on SEC EDGAR. USD.

SunPower Inc. Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Q2 revenue $54.858M, down 17% YoY from $66.115M
  • Gross margin 45% vs 36% YoY; operating loss $23.456M vs $8.921M
  • Dealer best performer at $12.702M revenue; New Homes worst, down 51% to $13.484M
  • $46.0M notes issued; $21.25M senior notes repurchased for 18,805,310 shares
  • Headwinds: elevated interest rates, financing costs, ITC phaseout, affordability pressures; going-concern doubt disclosed

Risk Factors

  • Newly added 10.0% Notes risk, triggered by $46.0 million issued in April–May 2026
  • Most material financing update, secured-note defaults could accelerate repayment and permit foreclosure on substantially all assets
  • Nasdaq compliance risk, $1.00 minimum bid-price notice received July 21, 2026 with compliance deadline January 19, 2027
  • Delisting risk, OTC trading could trigger immediate repurchase demands under the 10.0% Senior Secured Notes
  • Liquidity risk, cash flow may not cover required 10.0% Notes payments or covenant obligations

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

Other SunPower Inc. quarterly reports

Ask about this quarter

Compare quarters, check guidance or see what insiders and funds did around the report.