Complete Solaria 2025 Q1 Earnings Strong Performance as Net Income Swings 184.8% Positive

Complete Solaria (SPWR) reported its fiscal 2025 Q1 earnings on May 19th, 2025. The company's revenue and earnings beat expectations, showcasing a remarkable turnaround. The positive results are attributed to strategic rebranding efforts and operational efficiencies. Guidance for future quarters was raised, reflecting optimism in sustained profitability. Complete Solaria's strategic acquisition and rebranding as SunPower have positioned the company favorably in the solar market.

Revenue
Complete Solaria's revenue soared to $82.74 million in 2025 Q1, marking a 724.1% increase from $10.04 million in 2024 Q1. Residential Solar Installation generated $38.12 million, while the New Homes Businesses contributed $44.62 million, culminating in the total revenue figure.

Earnings/Net Income
Complete Solaria achieved profitability with an EPS of $0.10 in 2025 Q1, reversing a loss of $0.20 per share in 2024 Q1. Net income reached $8.13 million, marking a 184.8% positive swing from a $-9.59 million loss in 2024 Q1. The EPS performance is notably strong and promising for future quarters.

Price Action
The stock price of Complete Solaria has climbed 4.84% during the latest trading day, has climbed 4.28% during the most recent full trading week, and has surged 1089.02% month-to-date.

Post-Earnings Price Action Review
Investors have historically gained from buying SunPower (SPWR) when revenue misses occur and holding for 30 days. Since early 2024, SPWR has faced revenue misses, leading to immediate stock price declines post-earnings. However, the stock generally rebounds significantly over the next 30 days, averaging a 12.5% gain during the holding period. This pattern suggests that market participants anticipated negative reactions to revenue misses, creating oversold conditions that later drove the stock price upward. While this approach shows potential, it's crucial to remember that past performance does not guarantee future results. Market conditions, company fundamentals, and other variables should be considered before making investment choices. This strategy may not suit all investors, particularly those with lower risk tolerance or short-term investment goals. Conducting comprehensive research and evaluating diverse viewpoints is always advised before executing any investment strategy.

CEO Commentary
T.J. Rodgers, CEO of Complete Solaria, Inc., highlighted the company’s significant turnaround, achieving profitability for the first time in four years with a net income of $1.3 million in Q1 2025. He noted that this performance aligns with their strategic rebranding as SunPower and the successful integration of SunPower assets. Rodgers emphasized the importance of cost-cutting measures and efficient staffing, which reduced operating expenses from $62.8 million to $27.4 million. He expressed optimism about the company’s future, stating, “Our successive $80 million-plus quarters redefine our Company with an annualized revenue of $300 million-plus, now producing a $1 million-plus quarterly operating profit.”

Guidance
Rodgers provided a positive outlook for the upcoming quarters, forecasting steady revenue and continued positive operating income in Q2 2025. He noted that the company aims to maintain an annualized revenue target of $300 million, with expectations for sustained profitability, reflecting confidence in their operational efficiencies and strategic partnerships. Further details regarding growth plans will be shared during the upcoming annual meeting.

Additional News
Within the last three weeks, Complete Solaria has undergone significant changes. The company announced its rebranding as SunPower, effective April 22, 2025, unifying its identity under the renowned SunPower name. This strategic move leverages SunPower's legacy of over 40 years in solar innovation, enhancing brand recognition and market presence. Additionally, the rebranding included a new Helios logo inspired by NASA’s solar aircraft, symbolizing innovation and sustainability. Furthermore, SunPower received a deficiency notice from Nasdaq due to a delayed filing of the 2024 annual report, which was addressed without penalties. CEO T.J. Rodgers assured shareholders that the delay resulted from extended audit procedures and does not impact the company's performance.