SunPower Q2 FY26 revenue falls 17% to $54.86 million; swings to net income of $6.89 million - SPWR News | RalliesSunPower Q2 FY26 revenue falls 17% to $54.86 million; swings to net income of $6.89 million
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SPWR• Quarterly results
- SunPower posted net income of USD 6.89 million on revenue of USD 54.86 million, down 17% year over year.
- Operating loss widened to USD 23.46 million; gross margin rose to 45% from 36% a year earlier.
Costs and segment revenue
- Sales commissions climbed to USD 14.72 million; general and administrative costs rose to USD 30.29 million.
- Residential Solar Installation revenue fell 26% to USD 28.67 million; New Homes Business dropped 51% to USD 13.48 million.
Liquidity and Nasdaq notice
- Liquidity remained tight with cash of USD 4.1 million; Nasdaq flagged a minimum bid-price deficiency with compliance due by Jan. 19, 2027.
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