Financial Statements — SPWR
Balance Sheet
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 4.08 | 9.49 | 5.07 | 11.13 | 10.55 | 79.50 | 1.84 | 1.79 | 1.66 | 0.00 | 0.05 | 0.17 | 0.43 | 0.08 | 0.38 | 0.60 | 0.76 |
| Accounts Receivable | -- | -- | 73.05 | 27.41 | 24.98 | 8.48 | 13.00 | 20.94 | 26.00 | -- | -- | -- | -- | -- | -- | -- | -- |
| Inventory | 3.26 | 4.10 | 8.57 | 4.66 | 10.72 | 0.61 | 2.03 | 2.77 | 12.50 | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Assets | 113.83 | 122.02 | 106.43 | 104.09 | 96.22 | 102.48 | 24.02 | 31.27 | 50.11 | 0.00 | 0.05 | 0.50 | 0.96 | 0.74 | 1.11 | 1.34 | 2.17 |
| Property, Plant & Equipment | 3.67 | 4.56 | 3.67 | 3.81 | 4.63 | 0.59 | 4.46 | 4.50 | 4.18 | -- | -- | -- | -- | -- | -- | -- | -- |
| Goodwill | 75.61 | 75.61 | 42.28 | 17.64 | 18.48 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Intangible Assets | 49.47 | 51.82 | 38.96 | 15.96 | 16.67 | -- | -- | -- | 43.10 | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Assets* | 136.38 | 140.06 | 92.36 | 44.57 | 46.98 | 5.45 | 9.38 | 9.58 | 21.91 | 118.38 | 116.57 | 347.13 | 345.70 | 345.22 | 345.37 | 345.52 | 345.01 |
| Total Assets | 250.21 | 262.09 | 198.78 | 148.65 | 143.20 | 107.94 | 33.39 | 40.85 | 72.02 | 118.38 | 116.62 | 347.62 | 346.66 | 345.95 | 346.48 | 346.86 | 347.18 |
| Accounts Payable | 28.32 | 28.35 | 19.86 | 17.31 | 14.88 | 4.63 | 11.00 | 10.52 | 14.57 | 7.00 | 5.83 | 2.81 | 3.46 | 3.40 | 0.11 | 0.17 | 0.07 |
| Short-term Debt | -- | -- | 198.50 | 151.20 | 4.30 | 201.90 | 67.50 | 0.00 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 139.19 | 171.80 | 119.45 | 97.50 | 86.82 | 41.71 | 113.26 | 117.04 | 107.38 | 10.49 | 8.61 | 3.29 | 3.94 | 3.40 | 0.11 | 0.17 | 0.07 |
| Long-term Debt | 179.80 | -- | 204.28 | 151.19 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Liabilities* | 137.29 | 151.74 | 196.99 | 164.85 | 148.51 | 208.93 | 12.11 | 8.89 | 15.42 | 9.30 | 6.77 | 14.01 | 15.80 | 18.18 | 22.05 | 28.16 | 25.78 |
| Total Liabilities | 276.48 | 323.54 | 316.45 | 262.35 | 235.34 | 250.64 | 125.37 | 125.93 | 122.80 | 19.79 | 15.37 | 17.30 | 19.74 | 21.58 | 22.16 | 28.32 | 25.85 |
| Retained Earnings | (444.59) | (451.48) | (447.59) | (433.90) | (406.57) | (458.37) | (380.41) | (364.52) | (327.28) | (20.03) | (17.38) | (16.80) | (18.78) | (20.63) | (20.68) | 0.58 | 3.38 |
| Total Stockholder Equity | (26.27) | (61.45) | (117.66) | (113.69) | (92.14) | (142.70) | (91.97) | (85.08) | (50.78) | (19.79) | (15.33) | (16.80) | (18.78) | (20.63) | (20.68) | 5.00 | 5.00 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Total Revenue | 54.86 | 72.79 | 90.99 | 19.89 | 66.11 | 26.44 | 88.67 | 5.54 | 4.49 | 10.04 | 20.73 | 24.59 | -- | -- | -- | -- | -- | -- | -- | -- |
| Cost of Revenue | 29.90 | 28.11 | 44.99 | 2.20 | 38.76 | 51.04 | 47.41 | 8.69 | 5.38 | 7.76 | 18.04 | 18.35 | -- | -- | -- | -- | -- | -- | -- | -- |
| Gross Profit | 24.96 | 44.69 | 46.00 | 32.06 | 23.78 | 27.38 | 41.27 | (3.16) | (0.89) | 2.28 | 2.69 | 6.24 | -- | -- | -- | -- | -- | -- | -- | -- |
| Selling, General & Admin | 30.29 | 30.33 | 39.06 | 19.66 | 15.59 | 14.90 | 46.81 | 18.45 | 6.25 | 5.09 | 9.13 | 6.35 | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Expenses | 48.42 | 63.88 | 58.68 | 33.65 | 32.71 | 31.10 | 62.77 | 26.81 | 8.60 | 9.83 | 18.74 | 17.31 | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating Income | (23.46) | (19.19) | (12.69) | (1.60) | (8.92) | (3.73) | (21.50) | (29.97) | (9.49) | (7.54) | (38.15) | (11.08) | (1.51) | (1.62) | (2.58) | 0.20 | (0.82) | (1.20) | (2.76) | (0.35) |
| Interest Expense | 0.00 | 0.10 | -- | 3.70 | -- | -- | -- | 0.05 | -- | 3.57 | 5.16 | 1.90 | -- | -- | -- | -- | -- | -- | -- | -- |
| Pretax Income | 6.89 | 4.64 | (7.56) | (12.59) | (27.34) | 4.81 | 46.98 | (77.96) | (13.88) | (9.59) | (22.77) | (50.97) | -- | -- | -- | -- | -- | -- | -- | -- |
| Tax Provision | 0.00 | (0.61) | -- | 0.01 | 0.01 | -- | -- | -0.00 | 0.01 | 0.00 | (0.02) | -0.00 | -- | -- | -- | -- | -- | -- | -- | -- |
| Net Income | 6.89 | 5.25 | (9.14) | (13.69) | (27.34) | 4.81 | 46.99 | (77.96) | (15.89) | (9.59) | (60.19) | (206.88) | (2.66) | 0.17 | (0.74) | 3.40 | 2.03 | 1.30 | (1.24) | 5.78 |
| Basic EPS | 0.05 | 0.04 | (0.15) | (0.15) | (0.34) | 0.06 | 0.64 | (1.03) | (0.26) | (0.20) | 9.31 | (5.20) | -- | -- | -- | -- | -- | -- | -- | -- |
| Diluted EPS | 0.00 | 0.00 | (0.05) | (0.15) | (0.34) | 0.02 | 0.27 | (1.03) | (0.26) | (0.20) | 9.31 | (5.19) | -- | -- | -- | -- | -- | -- | -- | -- |
Cash Flow Statement
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Operating Cash Flow | (26.52) | (25.66) | (2.08) | (6.20) | (4.42) | (2.63) | (25.55) | (21.47) | (2.69) | (4.95) | (11.65) | (46.09) | (0.34) | (0.53) | (0.32) | (0.26) | (0.65) | (0.20) | (0.10) | (0.22) |
| Capital Expenditures | -- | -- | -- | -- | -- | -- | -- | -0.00 | 0.00 | 0.03 | -- | 0.03 | -- | -- | -- | -- | -- | -- | -- | -- |
| Free Cash Flow* | -- | -- | -- | -- | -- | -- | -- | (21.47) | (2.69) | (4.98) | -- | (46.12) | -- | -- | -- | -- | -- | -- | -- | -- |
| Investing Cash Flow | 0.00 | 0.55 | 1.35 | (20.69) | (0.88) | -- | (53.61) | (0.16) | (0.35) | (0.54) | 7.71 | (237.31) | (0.40) | 236.17 | -- | -- | -- | -- | 0.00 | 0.00 |
| Financing Cash Flow | 21.11 | 22.27 | 5.27 | 20.84 | 5.00 | (0.20) | 13.04 | 99.30 | 3.03 | 4.73 | 4.85 | 280.55 | 0.70 | (235.67) | 0.23 | 0.00 | 1.00 | -- | 0.00 | 0.00 |
* Derived from reported values
