SunPower

SunPower

Verified
Delivers high-performance solar electric systems worldwide for residential, commercial and utility-scale customers. Learn more

Launch date
Employees
Market cap
-
Net debt
-
Enterprise valuation
$764m (Public information from Jul 2024)
California United States (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD2019202020212022202320242025
Revenues1.9b1.1b1.3b1.7b1.7b1.5b1.7b
% growth55 %(40 %)18 %32 %(2 %)(14 %)13 %
EBITDA55.5m728m11.8m153m(29.1m)(19.3m)70.0m
% EBITDA margin3 %65 %1 %9 %(2 %)(1 %)4 %
Profit22.2m475m(37.4m)56.0m(164m)(140m)(52.0m)
% profit margin1 %42 %(3 %)3 %(10 %)(10 %)(3 %)
EV / revenue1.0x4.2x2.8x1.8x0.7x0.5x0.4x
EV / EBITDA34.7x6.5x310.6x20.5x-38.0x-35.4x9.9x
R&D budget67.5m22.4m17.1m24.8m---
R&D % of revenue4 %2 %1 %1 %---
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DateInvestorsAmountRound
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N/A

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$1.3b

Valuation: $1.3b

Acquisition

$44.5m

Post IPO Debt

$140m

Post IPO Equity

NOK100k

Grant
*

$450m

Post IPO Debt
*

$550m

Post IPO Debt
*
N/A

$45.0m

Post IPO Debt
*
N/A

$80.0m

Post IPO Debt
*

$20.0m

Post IPO Debt
*

$50.0m

Post IPO Debt
Total Funding$12.1k

Recent News about SunPower

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More about SunPowerinfo icon
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SunPower Corporation is a prominent player in the solar energy sector, with a rich history dating back to 1985. The company specializes in designing and providing comprehensive solar energy solutions for both residential and commercial clients. SunPower operates primarily in the U.S. market, where it has established itself as the leading commercial solar company. The company’s mission is to make clean energy and storage accessible to everyone, which aligns with the growing global emphasis on sustainable and renewable energy sources.

SunPower's business model revolves around offering all-in-one solar solutions. This means they not only provide solar panels but also integrate energy storage systems and offer personalized customer service. Their products come with the industry's most comprehensive warranty, which spans 25 years, reflecting their confidence in the durability and efficiency of their technology. This warranty is a significant selling point, offering peace of mind to customers who are making a long-term investment in solar energy.

The company generates revenue through the sale and installation of solar panels and energy storage systems. They cater to a diverse clientele, including homeowners looking to reduce their electricity bills and businesses aiming to lower operational costs and meet sustainability goals. Additionally, SunPower’s solutions are designed to be cost-effective and reliable, making solar energy a practical choice for a wide range of customers.

SunPower’s long-standing commitment to innovation has positioned it as a leader in the solar industry. The company’s technological advancements have made solar energy more affordable and efficient, contributing to its widespread adoption. With over 36 years of experience, SunPower continues to drive the transition to renewable energy, helping to change the way the world is powered.

Keywords: solar energy, residential solutions, commercial solutions, energy storage, U.S. market, comprehensive warranty, renewable energy, cost-effective, sustainable, innovation.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by SunPower

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Dragonfly Systems
ACQUISITION by SunPower Aug 2014
Cogenra Solar
ACQUISITION by SunPower Aug 2015
Tendril
ACQUISITION by Uplight Jul 2019
Blue Raven Solar
ACQUISITION by SunPower Oct 2021
SolarBridge Technologies
ACQUISITION by SunPower Nov 2014