Join our Free Newsletter and unlock 50% off AltIndexFree newsletter + 50% offJoin free
$498M 4.5%Beat EPS +15.4%
Total revenue, Q4 '22 (USD).

Did SunPower Beat Earnings?

SunPower (SPWR) reported Q4 '22 revenue of $498M, up 52.0% year-over-year, with reported EPS of $0.15. That topped the $0.13 analyst estimate by 15.4% — an earnings beat.

AltIndex tracks earnings alongside 25+ alternative data signals that can move ahead of the report — SunPower’s job postings, web traffic, and employee business outlook. See the full SPWR stock analysis or the earnings calendar for upcoming reports.

SPWR Earnings Surprise History (EPS vs. Estimate)

QuarterEstimated EPSReported EPSSurprise
Q4 '22 $0.13 $0.15 Beat +15.4%
Q3 '22 $0.08 $0.13 Beat +62.5%
Q2 '22 $0.04 $0.03 Missed -25.0%
Q1 '22 $0.03 $0.02 Missed -33.3%
Q4 '21 $0.04 $0.03 Missed -25.0%
Q3 '21 $0.03 $0.06 Beat +100.0%

SunPower Quarterly Financial Trends (USD)

MetricQ4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23
Revenue328M350M427M476M498M434M490M431M
Gross margin20.3%23.4%21.2%24.5%22.8%18.7%15.1%16.8%
Operating margin-7.1%-3.5%-4.9%2.0%2.8%-7.0%-4.7%-7.5%
Net income18M-33M-63M136M3.4M-55M-31M-37M
Net margin5.6%-9.4%-14.8%28.5%0.7%-12.6%-6.4%-8.7%
EPS$0.03$0.02$0.03$0.13$0.15———

SunPower Earnings Trend Analysis

Over the eight quarters from Q4 '21 to Q3 '23, SunPower’s quarterly revenue moved from $328M to $431M. Net margin compressed from 5.6% to -8.7%, against a 16.8% gross margin in the most recent quarter — a read on whether revenue growth is translating into profit. SunPower has beaten Wall Street EPS estimates in 4 of its last 7 reported quarters.

When Is SunPower’s Next Earnings Date?

SunPower reports earnings on a quarterly schedule. Its most recent report covered Q4 '22. For the confirmed upcoming date — and every other company reporting soon — see the SPWR earnings calendar.

Frequently Asked Questions: SunPower Earnings

SunPower's next earnings date has not been confirmed yet. See the earnings calendar for all upcoming reports.

SunPower reported Q4 '22 EPS of $0.15 on revenue of $498M (+52.0% YoY). SunPower beat estimates, reporting $0.15 vs. the $0.13 estimate.

SunPower reported Q4 '22 revenue of $498M, up 52.0% from the same quarter a year earlier.

Signals like job postings, web traffic, and employee sentiment reflect business activity in real time and can move before quarterly results are reported. AltIndex combines them with 25+ others in the SPWR AI Score.

The analytics provided are estimates and not a substitute for professional advice. All investments involve risks, including possible capital loss.