Complete Solaria, Inc

SunPower sells and installs solar panels, battery storage systems, and solar equipment primarily to homeowners and small commercial customers across the United States [Company Overview]. The company operates through three segments: direct residential solar installation, partnerships with home builders for new construction, and a dealer network of third-party sales partners [Company Overview].

SunPower Inc. (formerly Complete Solaria) is a residential solar installation company based in Utah with 785 employees [Company Overview]. The company missed its Q1 2026 revenue forecast significantly, bringing in only $72.8 million against an $80 million guidance, forcing emergency cost cuts including a 4-day workweek to reduce labor expenses [Yahoo Finance]. Despite strong revenue growth of +175.9% year-over-year, the company remains unprofitable with negative operating and net margins [Yahoo Finance].

The company is growing fast but burning cash with weak profitability metrics and a distressed balance sheet.