CSLR Company Report

CSLR reported record Q4 2025 revenue of $88.5 million and record operating income of $3.5 million, contributing to a profitable full year 2025.
The company increased its equity line of credit to $55 million and ended Q4 2025 with a cash balance of $9.3 million.
Strategic acquisitions of Sunder, Ambia, and Cobalt significantly boosted the sales rep headcount to over 2,000 and drove revenue per employee to a record over $400,000.
CSLR provided Q1 2026 revenue guidance of $84 million and expects positive operating income, aiming for $1 billion in revenue by 2028.

Jan 20, 2026, 6:00 PM

SunPower (CSLR) Reports Record Q4 2025 Financials and Provides Q1 2026 Guidance

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Earnings

Guidance Update

M&A

SunPower (CSLR) reported record Q4 2025 revenue of $88.5 million and operating income of $3.5 million, contributing to a full year 2025 revenue of $308.8 million.
The company's ending cash balance increased to $9.3 million from $5.1 million in the prior quarter, and it secured an increased equity line of credit of $55 million with White Lion Capital.
For Q1 2026, SunPower expects revenue of $84 million and positive operating income, which would be its second-best quarter ever.
Strategic initiatives include the acquisitions of Sunder and Ambia, which contributed to recent revenue growth, and a letter of intent was signed to acquire Cobalt Power Systems.

Jan 20, 2026, 6:00 PM

SunPower (CSLR) Reports Record Q4 2025 Results and Outlines Growth Strategy

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Earnings

Guidance Update

M&A

SunPower (CSLR) reported record financial results for Q4 2025, with revenue of $88.5 million and operating income of $3.5 million, marking its fourth consecutive profitable quarter. The company's total revenue for 2025 reached $308.8 million.
For Q1 2026, the company expects revenue of $84 million and positive operating income, anticipating it to be its second-best quarter ever and projecting market share gains despite an expected industry downturn.
The company's growth was significantly influenced by recent acquisitions, including Sunder and Ambia, which contributed to an almost doubling of the sales representative headcount from 1,100 to 2,000.
CSLR increased its equity line of credit with White Lion Capital from $30 million to $55 million to ensure a minimum cash balance of $10 million.
SunPower aims for consistent profitable growth to reach $1 billion in revenue by 2028, focusing on becoming a leader in solar through advanced technology hardware and software-controlled solar systems, supported by partnerships with companies like REC and Enphase.

Jan 20, 2026, 6:00 PM

SunPower Announces Record Q4 2025 Financials and Strategic Initiatives

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Earnings

M&A

Guidance Update

SunPower reported record Q4 2025 revenue of $88.5 million and operating income of $3.5 million, contributing to a profitable full year 2025 after four consecutive loss years.
The company's Q4 2025 revenue growth was attributed to the acquisitions of Sunder (full quarter) and Ambia (partial quarter), and SunPower signed a Letter of Intent to acquire Cobalt Power Systems Inc..
SunPower increased its Equity Line of Credit (ELOC) to $55 million to enhance cash security and provided Q1 2026 revenue guidance of $84 million and operating income guidance of $2.0 million.
The company unveiled the "Monolith" panel, a high-wattage, frameless bifacial solar panel developed with REC, and aims for $1 billion in revenue by 2028.

Jan 20, 2026, 6:00 PM

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

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Earnings

M&A

Guidance Update

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. The company's cash balance decreased to $4 million from $10-$11 million due to large payments on convertible ventures.
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. 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.
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.

Oct 21, 2025, 5:00 PM

CSLR Reports Q3 2025 Results, Highlights Sunder Acquisition Impact and Future Growth Targets

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Earnings

M&A

Revenue Acceleration/Inflection

CSLR's acquisition of Sunder Energy has been transformational for bookings, doubling the bookings rate and expanding the salesforce from 22 to 45 states. 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.
The company aims for consistently profitable growth, targeting a 10% profit on operating income with increased volume. For Q1 2026, the worst-case simulation forecasts at least $2 million in profit. The base gross margin for current SunPower operations is 38%, while Sunder's gross margins are around 16%.
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. The company's headcount is tightly managed, currently at 829 employees, including 19 from Sundar.