Complete Solaria Inc. Reports Q2'25 Revenue Decline to $67.5M, Maintains $2.4M Operating Profit Despite ITC-Related Challenges

Reuters
07-22
<a href="https://laohu8.com/S/SPWR">Complete Solaria</a> Inc. Reports <a href="https://laohu8.com/S/QTWO">Q2</a>'25 Revenue Decline to $67.5M, Maintains $2.4M Operating Profit Despite ITC-Related Challenges

Complete Solaria Inc. has released its financial results for the second quarter of 2025, reporting a revenue of $67.5 million, a decrease from the $82.7 million recorded in the previous quarter. Despite the decline in revenue, the company managed to maintain an operating profit of $2.42 million, similar to the prior quarter, due to a successful cost reduction initiative that cut operating expenses by $4.59 million. Looking ahead to the third quarter of 2025, Complete Solaria Inc. forecasts a modest increase in revenue to approximately $70 million and an increased operating profit of about $3.0 million. Additionally, the company has reduced its workforce to 861 employees, each of whom will receive a $500 stock bonus for their excellent performance during the quarter. The company also signed an agreement with the SunPower estate, allowing them to collect all Old SunPower New Homes' accounts, which may impact future operations positively.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Complete Solaria Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9498326-en) on July 22, 2025, and is solely responsible for the information contained therein.

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