SunPower Inc. (SPWR)
Sector: Energy · Country: United States
Headquartered in Fremont, California, **SunPower Inc.** operates with a market capitalization of **$50.9M** and employs **785** people across the United States. Founded in 2010, the company sells residential rooftop solar systems, battery storage, and home energy management tools to homeowners, home builders, and commercial clients.
## Business overview SunPower Inc. sells solar energy hardware, power backup solutions, and installation services directly to residential properties, new home construction projects, and small to medium-sized commercial businesses. The company handles project coordination, partner communication, and system management. It does not operate utility-scale solar farms, manufacture solar panels, or build industrial solar installations.
## Balance sheet and liquidity Financial reserves are tight, with **$4.1M** in cash and equivalents against **$132.0M** in total debt as of the reporting period ending 2026-06-28. With average quarterly cash burn running at **$15.1M** and TTM operating cash flow at **-$60.3M**, the estimated cash runway stands at 1 months. These figures show that current operational losses and debt burdens put severe pressure on capital structure, requiring external financing or structural adjustments to stay liquid.
## Supply chain position SunPower Inc. functions as a distributor, installer, and service provider within the domestic US solar sector. It sources solar hardware from manufacturing partners to deliver tailored packages for residential rooftops and commercial sites. The business relies heavily on regional installation partners and third-party component suppliers, competing against other US residential solar installers and battery providers. It does not handle upstream solar panel manufacturing.
## Key catalysts and risks Trading at a share price of **$0.3** within a 52 week range of **$0.203 to $2.27**, the company released its Q2 2026 earnings results on 2026-07-28. Continuous cash depletion remains a dominant operational risk, given TTM net income reached **-$14.6M** and TTM free cash flow hit **-$60.3M**. The investment thesis stays heavily distressed until the business secures long-term capital or reduces its quarterly cash burn.
Frequently asked questions
What does SunPower Inc. do?
SunPower Inc. provides solar system sales, storage systems, and battery installation for homeowners, home builders, and commercial clients in the United States. It offers home energy management and power backup solutions, but does not manufacture panels or build utility-scale solar farms.
Is SPWR profitable?
No, SunPower Inc. is currently unprofitable. The company reported a TTM net income of -$14.6M and a TTM free cash flow of -$60.3M.
How much cash does SunPower Inc. have?
SunPower Inc. holds $4.1M in cash and equivalents as of its reporting period ending 2026-06-28. Its average quarterly cash burn is $15.1M, giving it an estimated cash runway of 1 months.
Where is SunPower Inc. listed?
SunPower Inc. is listed on the NasdaqGM exchange under the ticker symbol SPWR. The company operates in the solar industry within the US energy sector.
Is SPWR a penny stock?
With a share price of $0.3 and a market cap of $50.9M, SunPower Inc. trades in penny stock territory. Its 52 week range spans from $0.203 to $2.27.
How much debt does SunPower Inc. have?
SunPower Inc. carries $132.0M in total debt as of 2026-06-28. This compares to its cash balance of $4.1M.
Does SunPower Inc. generate cash?
No, SunPower Inc. burns cash from operations. It recorded TTM operating cash flow of -$60.3M and an average quarterly cash burn of $15.1M.
Who are SunPower Inc.'s customers?
SunPower Inc. serves residential homeowners, new home construction builders, and small to medium-sized commercial properties in the United States. It does not serve utility-scale energy projects or industrial solar installations.