SunPower Reports Q3 Revenue of $70 Million and Record $3.12 Million Operating Income
Reuters
Oct 21
SunPower Reports Q3 Revenue of $70 Million and Record $3.12 Million Operating Income
SunPower Inc. reported revenue of $70.0 million for the third quarter of 2025, up from $67.5 million in the previous quarter. Gross profit for the quarter was $32.04 million, compared to $28.76 million in the second quarter. Gross margin increased to 46% from 43%. Non-GAAP gross profit was $33.64 million, up from $29.39 million, with a non-GAAP gross margin of 48%, compared to 44% in the prior quarter. Operating income on a non-GAAP basis reached $3.12 million, up from $2.42 million in the previous quarter. The cash balance at the end of the quarter was $4.11 million, down from $11.13 million at the end of the second quarter. The company's headcount reached 829, including 21 employees from the Sunder acquisition. Forecasted revenue per employee is expected to reach $400,000 per year in the fourth quarter.
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