- CSLR reported **Q3 2025 revenue of $70 million** and a non-GAAP operating profit of **$3.12 million**, up from **$67.5 million** and **$2.42 million** respectively in the prior quarter.  **[0001838987_2193926_2]**  The company's cash balance decreased to **$4 million** from **$10-$11 million** due to large payments on convertible ventures.  **[0001838987_2193926_2]** 
- The acquisition of Sunder Energy has significantly expanded CSLR's sales force to **1,744 dealers** across **45 states** and more than doubled its bookings rate.  **[0001838987_2193926_8]**  While a 2X increase in bookings translates to a **1.3X increase in revenue**, the company expects to generate **$20 million per quarter** in sales revenue and an additional **$20 million** in installation revenue from Sunder orders by **Q4 2025**.  **[0001838987_2193926_8]** **[0001838987_2193926_18]** 
- CSLR projects at least **$2 million in profit** for **Q1 2026** and aims for consistently profitable growth, targeting **$1 billion in revenue by 2028** from **$300 million in 2025**, with a long-term goal of achieving a **10% operating profit margin**.  **[0001838987_2193926_3]** **[0001838987_2193926_11]** **[0001838987_2193926_2]**

CSLR Reports Q3 2025 Results, Details Sunder Acquisition Impact, and Provides Future Outlook

- CSLR's acquisition of Sunder Energy has been **transformational for bookings**, doubling the bookings rate and expanding the salesforce from 22 to **45 states**.  **[0001838987_2193943_8]** **[0001838987_2193943_9]** **[0001838987_2193943_22]**  This acquisition is expected to drive **strong revenue growth in 2026 and 2027** and help achieve the goal of **$1 billion in revenue by 2028** from **$300 million in 2025**.  **[0001838987_2193943_11]** **[0001838987_2193943_22]** 
- The company aims for **consistently profitable growth**, targeting a **10% profit on operating income** with increased volume.  **[0001838987_2193943_13]** **[0001838987_2193943_17]**  For Q1 2026, the worst-case simulation forecasts **at least $2 million in profit**.  **[0001838987_2193943_3]**  The base gross margin for current SunPower operations is **38%**, while Sunder's gross margins are around **16%**.  **[0001838987_2193943_13]** **[0001838987_2193943_14]** 
- The Sunder acquisition significantly improved operational efficiency, with Sunder generating **$4.2 million in revenue per employee per year** compared to Blue Raven's **$293,000**.  **[0001838987_2193943_4]**  The company's headcount is tightly managed, currently at **829 employees**, including **19 from Sundar**.  **[0001838987_2193943_4]**

Company not found (CSLR)