SunPower Corporation

SunPower Corporation is an energy company that designs and manufactures crystalline silicon photovoltaic cells and solar panels based on an all-back-contact solar cell invented at Stanford University. The Company delivers solar solutions to residential, commercial, and power plant customers worldwide by offering solar module technology and solar power systems that are designed to generate electricity over a system life typically exceeding 25 years; integrated Smart Energy software solutions that enable customers to effectively manage and optimize their CCOE measurement; installation, construction, and ongoing maintenance and monitoring services; and financing solutions that provide customers a variety of options for purchasing or leasing high efficiency solar products at competitive energy rates.


Type
Public
HQ
San Jose, US
Founded
1985
Size (employees)
8,902 (est)+8%
SunPower Corporation was founded in 1985 and is headquartered in San Jose, US

SunPower Corporation Office Locations

SunPower Corporation has offices in San Jose, La Tour-de-Salvagny, Milano, Frankfurt am Main and in 10 other locations
San Jose, US (HQ)
77 Rio Robles
Richmond, US
1414 Harbour Way S
Austin, US
Domain Gateway 2900 Esperanza Crossing
Ciudad de México, MX
405 Av. Paseo de las Palmas
Las Condes, CL
5420 Cerro El Plomo
Cape Town, ZA
Matroosfontein
Show all (14)

SunPower Corporation Data and Metrics

SunPower Corporation Financial Metrics

SunPower Corporation's revenue was reported to be $399 b in Q1, 2017
USD

Revenue (Q1, 2017)

399 b

Gross profit (Q1, 2017)

(31 b)

Gross profit margin (Q1, 2017), %

(8%)

Net income (Q1, 2017)

(151.6 m)

EBIT (Q1, 2017)

(129 b)

Market capitalization (17-Aug-2017)

1.3 b

Cash (02-Apr-2017)

387.4 m
SunPower Corporation's current market capitalization is $1.3 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

2.5 b3 b1.6 b2.6 b

Revenue growth, %

21%(48%)62%

Cost of goods sold

2 b2.4 b1.3 b2.4 b

Gross profit

491.1 m625.1 m244.6 m190 m

Gross profit Margin, %

20%21%16%7%

Operating expense total

332.2 m373.9 m450.9 m652.4 m

EBIT

158.9 m251.2 m(206.3 m)(462.4 m)

EBIT margin, %

6%8%(13%)(18%)

Interest expense

108.7 m69.7 m43.8 m

Interest income

6 m2.6 m2.1 m2.7 m

Income tax expense

11.9 m8.8 m66.7 m7.3 m

Net Income

33.6 m183.1 m(299.4 m)(543.8 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

507.9 m662.7 m440.9 m381 m380.2 m384.9 m420.5 m729 b399 b

Cost of goods sold

413.7 m554.2 m350.1 m310.1 m317.6 m333.3 m379.2 m600 b430 b

Gross profit

94.1 m108.5 m90.8 m70.9 m62.6 m51.5 m41.3 m129 b(31 b)

Gross profit Margin, %

19%16%21%19%16%13%10%18%(8%)

R&D expense

16.6 m17.3 m21.2 m20.6 m25 m32.7 m

Operating expense total

16.6 m17.3 m21.2 m20.6 m25 m32.7 m

EBIT

6.8 m22.6 m(11.1 m)(32.9 m)(44.2 m)(79.1 m)(74.9 m)(10.2 b)(129 b)

EBIT margin, %

1%3%(3%)(9%)(12%)(21%)(18%)(1%)(32%)

Interest expense

(16.3 m)(17.2 m)(15.7 m)(8.5 m)(8.8 m)(12.9 m)

Interest income

668 k922 k556 k494 k448 k697 k806 k630 m938 m

Income tax expense

8.2 m8.3 m(2.4 m)659 k(36.2 m)(3.2 m)(6.6 m)(7 b)(2 b)

Net Income

44.2 m61.5 m(29.1 m)(52.5 m)(139.8 m)(101.4 m)(193.6 m)(249.5 m)(151.6 m)
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

762.5 m956.2 m954.5 m425.3 m425.3 m

Accounts Receivable

360.6 m504.3 m190.4 m219.6 m219.6 m

Inventories

245.6 m208.6 m382.4 m401.7 m401.7 m

Current Assets

2.2 b2.4 b2.5 b1.9 b1.9 b

PP&E

533.4 m585.3 m731.2 m1 b1 b

Total Assets

4.4 b4.9 b4.6 b4.6 b

Accounts Payable

444 m419.9 m514.7 m540.3 m540.3 m

Total Debt

451.2 m

Current Liabilities

1.7 b1.1 b998.6 m1.1 b1.1 b

Total Liabilities

3.4 b

Additional Paid-in Capital

2 b2.2 b2.4 b2.4 b2.4 b

Retained Earnings

(806.5 m)(560.6 m)(747.6 m)(1.2 b)(1.2 b)

Total Equity

1.2 b1.6 b1.5 b1.1 b1.1 b

Debt to Equity Ratio

0.4 x

Debt to Assets Ratio

0.1 x

Financial Leverage

2.8 x3.2 x4.2 x4.2 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

980.9 m922.7 m601.6 m623 m502.9 m555.2 m590.1 m383.9 m387.4 m

Accounts Receivable

345.9 m520.2 m467.9 m433.6 m207.1 m177.4 m211.8 m223.8 m167.9 m

Inventories

229.7 m195.3 m302.6 m310.4 m349.6 m386.8 m467.9 m447.1 m428.2 m

Current Assets

2.5 b2.6 b2.1 b2.2 b2 b2.4 b2.6 b2.3 b1.6 b

PP&E

526.5 m538.3 m594.5 m643.9 m681.4 m802.9 m818.7 m1.1 b1.1 b

Total Assets

4.1 b4.3 b4.4 b4.8 b5.2 b5.1 b4.3 b

Accounts Payable

428.9 m440.6 m432.6 m427.4 m444 m530.2 m518.6 m515.8 m437.7 m

Current Liabilities

1.4 b1.4 b836.7 m1.1 b1.1 b1.1 b1.4 b1.4 b815.3 m

Additional Paid-in Capital

2.2 b2.2 b2.2 b2.3 b2.3 b2.4 b2.4 b2.4 b2.4 b

Retained Earnings

(727.3 m)(695.3 m)(570.2 m)(563.7 m)(620 m)(833 m)(903 m)(943.6 m)(1.4 b)

Total Equity

1.4 b1.4 b1.6 b1.6 b1.6 b1.4 b1.4 b1.3 b934.1 m

Financial Leverage

2.6 x2.7 x2.8 x3.4 x3.8 x3.8 x4.6 x
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

33.6 m183.1 m(299.4 m)(543.8 m)(543.8 m)

Depreciation and Amortization

98.2 m108.8 m138 m174.2 m174.2 m

Accounts Receivable

(54 m)(32 m)312 m(33 m)(33.5 m)

Inventories

(6.2 m)(1.2 m)(240 m)(70 m)(70.4 m)

Cash From Operating Activities

162.4 m8.4 m(726.2 m)(312.3 m)(312.3 m)

Purchases of PP&E

(34.1 m)(102.5 m)(230.1 m)(187.1 m)(187.1 m)

Cash From Investing Activities

(309.2 m)109.4 m(377.5 m)(377.5 m)

Cash From Financing Activities

294.1 m498.6 m620 m159.8 m159.8 m

Income Taxes Paid

1.3 m8.8 m29.5 m35.4 m35.4 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

44.2 m61.5 m(29.1 m)(52.5 m)(139.8 m)(101.4 m)(193.6 m)(249.5 m)(151.6 m)

Depreciation and Amortization

49.4 m75.1 m28.6 m60 m97.4 m42.1 m83 m122.8 m42.1 m

Accounts Receivable

10.1 m(45.9 m)32.7 m65.2 m292.1 m12.6 m(23.3 m)(36.6 m)51.7 m

Inventories

2 m23.9 m(108.1 m)(130.7 m)(187.2 m)(18.2 m)(115 m)(101.1 m)(40 m)

Cash From Operating Activities

(81.6 m)(114 m)(113.4 m)(325.4 m)(429.4 m)(369.9 m)(670 m)(798.3 m)(126.9 m)

Purchases of PP&E

(20.3 m)(45.5 m)(24.6 m)(68.8 m)(132.4 m)(47 m)(93.3 m)(149.5 m)(27.9 m)

Cash From Investing Activities

(64.2 m)(106.1 m)(63.3 m)184.5 m63 m(91.8 m)(164.7 m)(267.7 m)(60.8 m)

Cash From Financing Activities

364.4 m382.6 m(172.4 m)(187.6 m)(82.7 m)61.6 m469.9 m493.9 m135.1 m
Y, 2017

Financial Leverage

4.6 x

SunPower Corporation Market Value History

SunPower Corporation Median Salaries

Source: 109 public H-1B filings from SunPower Corporation

Traffic Overview of SunPower Corporation

SunPower Corporation Online and Social Media Presence

SunPower Corporation Company Life and Culture

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