SunPower will present its Q3’25 results via webcast on October 21 at 1:00pm ET. Revenue increased to $70.0 million from $67.5 million in Q2’25, with operating income at $3.12 million. The company expects revenue to reach $83.3 million in Q4’25, with an operating income estimate of $3.56 million.
CEO T.J. Rodgers announced a record Q3’25 operating income of $3.12 million, representing 4.5% of revenue. SunPower has reduced its headcount to 829 employees, with a focus on growing revenue through acquisitions. The company offers competitive salaries, fixed bonuses, and stock options to employees.
SunPower acquired Sunder Energy to become the No. 5 residential solar company in the U.S. The acquisition expands SunPower’s reach to 45 states, increases the dealer salesforce, and is expected to double bookings in Q4’25. Rodgers emphasized the importance of revenue growth and employee cost control. SunPower’s acquisition of Sunder has led to positive results, with 195 dealers joining the new division out of 232 inquiries. This move aims to minimize turnover and enhance dealer salesforce management, with encouraging outcomes so far.
The merger will create a single 1744-member salesforce, led by former Sunder President Eric Nielsen as EVP of Sales. This decision was made based on the impressive performance of the Sunder sales management team, boosting SunPower’s growth prospects moving forward.
SunPower, a leading residential solar services provider in North America, is focused on supporting customers in transitioning to a more energy-efficient lifestyle. The company’s digital platform and installation services cater to the energy needs of its clientele.
Despite the positive outcomes, SunPower’s Q3’25 financial results are preliminary and subject to finalization. Additional non-GAAP financial metrics are provided to supplement the GAAP results, offering a more comprehensive understanding of the company’s operating performance and future prospects. SunPower Inc. reported preliminary non-GAAP financial measures for various quarters, including GAAP operating income/loss and adjustments such as depreciation, stock-based compensation, and restructuring charges. These adjustments resulted in non-GAAP net income/loss figures for each quarter mentioned. Source: SunPower.
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