Tearsheet
Investment Highlights Market Valuation Price Chart Business Description Interactive Breakdown Latest Trefis Analyses Better Bets vs. SPWR Recent Active Movers More From Trefis Peer Financials Peer Growth & Margins Peer Valuation Peer Returns Peer Analyses FDIC Bank Data Financials Segment Financials Price Behavior Short Interest Earnings Returns History SEC Filings Insider Activity Industry Resource Links External Quote Links

Complete Solaria (SPWR)

Market Price (9/18/2025): $1.585 | Market Cap: $128.1 Mil
Sector: Information Technology | Industry: Semiconductors

Complete Solaria (SPWR)

Market Price (9/18/2025): $1.585
Market Cap: $128.1 Mil
Sector: Information Technology
Industry: Semiconductors

Investment Highlights

0 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 308%		 Meaningful short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 14%		 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -53 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -22%
1   Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 115%
2   Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -22%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -22%
3   Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -40%
4   Significant short interest
Short Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 19
0 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 308%
1 Meaningful short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 14%
2 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -53 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -22%
3 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 115%
4 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -22%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -22%
5 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -40%
6 Significant short interest
Short Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 19

Market Valuation

 9/18/252024202320222021
Share Price CYE$1.58    
Market Cap CYE ($ Mil)128.1----
Total Debt ($ Mil)157.9153.163.266.825.5
Total Cash ($ Mil)11.113.42.64.45.3
Enterprise Value ($ Mil)274.9    
Valuation Ratios     
P/S TTM0.50.00.00.00.0
P/EBIT TTM-6.50.00.00.00.0
P/E TTM-2.80.00.00.00.0
Sector Ratios     
P/S TTM (Sector)3.23.12.82.55.0
P/EBIT TTM (Sector)3.9-0.0-0.1-0.51.7
P/E TTM (Sector)-0.4-0.3-0.4-0.50.0
 9/18/2520242023
Share Price CYE$1.58  
Market Cap CYE ($ Mil)128.1--
Total Debt ($ Mil)157.9153.163.2
Total Cash ($ Mil)11.113.42.6
Enterprise Value ($ Mil)274.9  
Valuation Ratios   
P/S TTM0.50.00.0
P/EBIT TTM-6.50.00.0
P/E TTM-2.80.00.0
Sector Ratios   
P/S TTM (Sector)3.23.12.8
P/EBIT TTM (Sector)3.9-0.0-0.1
P/E TTM (Sector)-0.4-0.3-0.4

Market Cap Chart

Business Description

Complete Solaria, Inc. provides solar technology, services, and installation services. It offers solar panel designing and installation services, as well as develops a solar digital platform for homeowners and installers. Show more

Price Returns Compared

Expand for Detailed View

 202020212022202320242025Total [1]
Returns
SPWR Return------0%
Peers Return176%21%-4%55%29%64%953%
S&P 500 Return16%27%-19%24%23%12%104%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: FSLR, RUN, SEDG, NVDA, AVGO. See SPWR Returns vs. Peers.
[3] 2025 data is for the year up to 9/17/2025 (YTD)

Better Bets than Complete Solaria (SPWR)

 SPWRBetter Performance than SPWR
MetricValueIndustry (Semiconductors)
Rev Chg LTM308.5%ALMU (407.6%), LEDS (485.6%)
Op Mgn LTM-21.7%NVDA (58.1%), AVGO (39.0%), AMD (8.3%), QCOM (27.8%), MU (22.4%)
CFO/Rev LTM-22.1%NVDA (46.6%), AVGO (42.4%), AMD (16.5%), QCOM (29.3%), MU (45.0%)
FCF/Rev LTM-22.2%NVDA (43.6%), AVGO (41.6%), AMD (13.7%), QCOM (26.9%), MU (5.6%)
Total Yield-35.4%NVDA (2.1%), AVGO (1.2%), AMD (1.1%), QCOM (8.5%), MU (3.8%)
 SPWRBetter Performance than SPWR
MetricValueAll Other Sectors
Rev Chg LTM308.5%NBIS (542.6%), NLY (375.8%), QXO (3313.1%), MDGL (3422.0%), CYTK (2635.7%)
Op Mgn LTM-21.7%GOOGL (32.7%), AMZN (11.4%), META (42.9%), TSLA (6.2%), WMT (4.2%)
CFO/Rev LTM-22.1%GOOGL (36.0%), AMZN (18.1%), META (56.4%), TSLA (17.0%), BRK-B (6.9%)
FCF/Rev LTM-22.2%GOOGL (18.0%), AMZN (2.0%), META (30.7%), TSLA (6.0%), BRK-B (2.1%)
Total Yield-35.4%GOOGL (4.1%), AMZN (2.9%), META (3.7%), TSLA (0.4%), BRK-B (5.9%)

Latest Trefis Analyses

TitleTopic
0DASHBOARDS 
1Complete Solaria (SPWR) Stock: 46% of days in last 3 months had 1% or greater fluctuation 
2Complete Solaria Market PriceMarket Price
3Day 6 of Loss Streak for Sunpower Stock with -18% Return (vs. -61% YTD) [4/25/2024]Notification
4Complete Solaria During 2008 Recession vs. 2022 Inflation Shock: /*ERR: EL1001E: Type conversion problem, cannot convert from null to boolean*/ ${(#LargelyLevel)?(COMPANY_TICKER+' Stock Has Recovered To Its '+#PreInflationMaxMonth+' High And Looks Fairly Priced'):(#PotentialUpside > 0?(COMPANY_TICKER+' Stock Has '+PercentRound(#PotentialUpside.scaledValue,0)+' Upside If It Recovers To Pre-Inflation Shock Levels'):(COMPANY_TICKER+' Stock Is Now '+ROUND((MKT_PRICE.value/#PreInflationMax-1)*100,0)+'% Higher Than Its Pre-Shock High'))} Return
5Sunpower (SPWR) Stock Has 50% Chance Of Rise In The Next One MonthChance of Rise
6[1/19/2023] Sunpower (SPWR) Shares Moved -10% Today  (Extremely rare event) 
7Sunpower (SPWR) Stock Has 52% Chance Of Rise In The Next One MonthChance of Rise
8Sunpower (SPWR) Stock Has 52% Chance Of Rise In The Next One MonthReturn
9[11/10/2022] Sunpower (SPWR) Shares Moved 20% Today  (Extremely rare event) 
10Why Sunpower Stock Moved: SPWR Stock Has Lost 81% Since 2020 Primarily Due To Unfavorable Change In Price To Sales Multiple (P/S) 
Title
0ARTICLES
1Complete Solaria (SPWR) Stock: 46% of days in last 3 months had 1% or greater fluctuation
2Complete Solaria Market Price
3Day 6 of Loss Streak for Sunpower Stock with -18% Return (vs. -61% YTD) [4/25/2024]
4Complete Solaria During 2008 Recession vs. 2022 Inflation Shock: /*ERR: EL1001E: Type conversion problem, cannot convert from null to boolean*/ ${(#LargelyLevel)?(COMPANY_TICKER+' Stock Has Recovered To Its '+#PreInflationMaxMonth+' High And Looks Fairly Priced'):(#PotentialUpside > 0?(COMPANY_TICKER+' Stock Has '+PercentRound(#PotentialUpside.scaledValue,0)+' Upside If It Recovers To Pre-Inflation Shock Levels'):(COMPANY_TICKER+' Stock Is Now '+ROUND((MKT_PRICE.value/#PreInflationMax-1)*100,0)+'% Higher Than Its Pre-Shock High'))} 
5Sunpower (SPWR) Stock Has 50% Chance Of Rise In The Next One Month
6[1/19/2023] Sunpower (SPWR) Shares Moved -10% Today  (Extremely rare event)
7Sunpower (SPWR) Stock Has 52% Chance Of Rise In The Next One Month
8Sunpower (SPWR) Stock Has 52% Chance Of Rise In The Next One Month
9[11/10/2022] Sunpower (SPWR) Shares Moved 20% Today  (Extremely rare event)
10Why Sunpower Stock Moved: SPWR Stock Has Lost 81% Since 2020 Primarily Due To Unfavorable Change In Price To Sales Multiple (P/S)

Recent Active Movers

1 Week Top Gainers

#TickerCompany1W RtnYTD Rtn
1ECDAECD Automotive Design3347.2%307.9%
2BDSXBiodesix1090.6%-79.7%
3CLSDClearside Biomedical987.7%-74.7%
4ATHAAthira Pharma892.1%544.3%
5SDOTSadot690.6%-79.9%
6ATCHAtlasClear684.9%-83.1%
7HSDTHelius Medical Technologies232.1%-95.5%
8CHEKCheck-Cap222.2%134.4%
9APLMApollomics197.8%89.1%
10SPRCSciSparc147.0%1141.7%

1 Week Top Losers

#TickerCompany1W RtnYTD Rtn
1CURXCuranex Pharmaceuticals-80.5%148.4%
2ATYRaTyr Pharma-80.4%-71.7%
3NAKAKindly MD-70.2% 
4BNGOBionano Genomics-64.0%-89.8%
5XAGELongevity Health-57.6%-86.1%
6FAASDigiAsia-55.4%-88.0%
7ASSTStrive-54.5%650.3%
8VCIGVCI Global-51.0%-98.9%
9REXREX American Resources-50.7%44.3%
10RBNERobin Energy-42.6% 

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5GWAVGreenwave Technology Solutions3582.8%-91.4%
6QMMMQMMM3409.6%8153.1%
7ECDAECD Automotive Design2715.2%307.9%
8OESXOrion Energy Systems1373.7%14.2%
9OPOceanPal1266.5%-95.6%
10BCTXBriaCell Therapeutics1032.4%-89.8%

1 Month Top Losers

#TickerCompany1M RtnYTD Rtn
1CJETChijet Motor-94.5%-96.0%
2STFSStar Fashion Culture-92.3%-97.9%
3ELPWElong Power-91.1%-76.9%
4NXTTNext Technology-90.1%-95.4%
5EPIXESSA Pharma-89.4%-8.9%
6NAKAKindly MD-88.1% 
7BINIBollinger Innovations-87.6%-100.0%
8JEM707 Cayman-87.4%-98.2%
9YAASYouxin Technology-83.3%-98.4%
10NEONNeonode-82.5%-51.0%

Recent Active Movers

1 Week Top Gainers

#TickerCompany1W RtnYTD Rtn
1ECDAECD Automotive Design3347.2%307.9%
2BDSXBiodesix1090.6%-79.7%
3CLSDClearside Biomedical987.7%-74.7%
4ATHAAthira Pharma892.1%544.3%
5SDOTSadot690.6%-79.9%
6ATCHAtlasClear684.9%-83.1%
7HSDTHelius Medical Technologies232.1%-95.5%
8CHEKCheck-Cap222.2%134.4%
9APLMApollomics197.8%89.1%
10SPRCSciSparc147.0%1141.7%

1 Week Top Losers

#TickerCompany1W RtnYTD Rtn
1CURXCuranex Pharmaceuticals-80.5%148.4%
2ATYRaTyr Pharma-80.4%-71.7%
3NAKAKindly MD-70.2% 
4BNGOBionano Genomics-64.0%-89.8%
5XAGELongevity Health-57.6%-86.1%
6FAASDigiAsia-55.4%-88.0%
7ASSTStrive-54.5%650.3%
8VCIGVCI Global-51.0%-98.9%
9REXREX American Resources-50.7%44.3%
10RBNERobin Energy-42.6% 

More From Trefis

Research & Analysis

Invest in Strategies

Wealth Management

Peer Comparisons for Complete Solaria

Financials

SPWRFSLRRUNSEDGNVDAAVGOMedian
NameComplete.First So.Sunrun SolarEdg.NVIDIA Broadcom  
Mkt Price1.58210.7115.9134.11170.29346.17102.20
Mkt Cap0.122.63.62.04,149.31,631.813.1
Rev LTM2444,2572,129941165,21859,9263,193
Op Inc LTM-531,373-489-1,31995,98123,366660
FCF LTM-54-976-3,716-9672,02324,930-75
FCF 3Y Avg--548-3,367-24643,04420,319-246
CFO LTM-54342-811-2677,03525,438158
CFO 3Y Avg-741-793-11745,86620,821741

Growth & Margins

SPWRFSLRRUNSEDGNVDAAVGOMedian
NameComplete.First So.Sunrun SolarEdg.NVIDIA Broadcom  
Rev Chg LTM308.5%19.4%3.3%-37.8%71.6%28.0%23.7%
Rev Chg 3Y Avg-19.8%4.1%-15.9%92.0%24.0%19.8%
Rev Chg Q1,403.2%6.4%8.7%9.1%55.6%22.0%15.5%
QoQ Delta Rev Chg LTM34.7%1.2%2.2%2.6%11.2%5.0%3.8%
Op Mgn LTM-21.7%32.3%-23.0%-140.2%58.1%39.0%5.3%
Op Mgn 3Y Avg-49.6%18.7%-29.4%-54.5%51.0%38.4%-5.3%
QoQ Delta Op Mgn LTM11.3%-0.9%1.3%13.4%0.1%1.5%1.4%
CFO/Rev LTM-22.1%8.0%-38.1%-2.7%46.6%42.4%2.7%
CFO/Rev 3Y Avg-22.8%-35.5%-8.5%44.5%44.6%22.8%
FCF/Rev LTM-22.2%-22.9%-174.5%-10.3%43.6%41.6%-16.2%
FCF/Rev 3Y Avg--14.2%-153.5%-15.8%41.3%43.5%-14.2%

Valuation

SPWRFSLRRUNSEDGNVDAAVGOMedian
NameComplete.First So.Sunrun SolarEdg.NVIDIA Broadcom  
Mkt Cap0.122.63.62.04,149.31,631.813.1
P/S0.55.31.72.125.127.23.7
P/EBIT-6.516.0-1.0-1.341.171.07.5
P/E-2.817.8-1.4-1.147.986.28.3
P/CFO-2.465.9-4.5-78.353.964.125.8
Total Yield-35.4%5.6%-70.4%-87.2%2.1%1.2%-17.1%
Dividend Yield0.0%0.0%0.0%0.0%0.0%0.0%0.0%
FCF Yield 3Y Avg--2.8%-133.5%-14.8%1.5%3.1%-2.8%
D/E1.20.03.90.40.00.00.2
Net D/E1.1-0.03.70.0-0.00.00.0

Returns

SPWRFSLRRUNSEDGNVDAAVGOMedian
NameComplete.First So.Sunrun SolarEdg.NVIDIA Broadcom  
1M Rtn-8.7%-3.9%2.6%9.5%-6.4%13.2%-0.6%
3M Rtn-2.5%46.7%159.5%100.9%17.1%38.1%42.4%
6M Rtn-62.9%138.9%100.9%44.9%78.0%78.0%
12M Rtn--12.2%-21.7%51.5%47.4%115.5%47.4%
3Y Rtn-55.2%-57.1%-89.0%1,191.8%630.0%55.2%
1M Excs Rtn-11.0%-6.3%0.3%7.1%-8.8%10.9%-3.0%
3M Excs Rtn-8.4%36.1%164.9%103.4%7.8%28.8%32.5%
6M Excs Rtn-47.9%126.8%84.5%30.0%66.9%66.9%
12M Excs Rtn--25.2%-34.6%55.8%25.7%91.5%25.7%
3Y Excs Rtn--6.5%-119.4%-149.8%1,014.8%532.7%-6.5%

Financials

$ Mil | FY: 12/292025Q22025Q12024Q42024Q32024Q22024Q12023Q42023Q32023Q22023Q12022Q42022Q3
Period End6/29/20253/30/202512/29/20249/29/20246/30/20243/31/202412/31/202310/1/20237/2/20234/2/202312/31/20229/30/2022
Filing Date8/13/20255/19/20254/30/202511/18/20248/14/20245/15/20244/1/202411/14/20238/14/20246/27/20234/10/202311/14/2023
Key Financials Quarterly            
Total Revenue6883896410212526171812
Ebitda-131757-75-11-6-17-49-3-12-15-3
Operating Income-31-22-30-9-8-16-11-13-12-10-3
Net Income-22847-78-16-10-28-207-12-24-19-4
EPS-0.280.100.82-1.03-0.26-0.20-0.56-5.20-0.25-0.52-0.41-0.09
Key Financials TTM            
Total Revenue TTM24418110941608188847267--
Ebitda TTM-15-13-35-109-83-75-81-79-33-30--
Operating Income TTM-53-60-69-63-44-47-52-46-38-29--
Net Income TTM-45-39-56-131-260-256-270-261-58-48--
Growth Rates Quarterly            
Total Revenue Growth1403.2%724.1%327.8%-77.5%-82.5%-39.8%18.4%100.6%26.2%---
EBITDA Growth-18.9%403.9%427.9%-54.2%-251.3%52.5%-17.7%-1424.3%-797.5%---
Operating Income Growth71.4%113.8%-33.9%-170.5%25.8%39.3%-63.1%-245.2%-245.6%---
Net Income Growth-41.1%184.8%269.9%62.3%-38.1%59.2%-48.1%-4889.9%-854.4%---
Margins Quarterly            
EBITDA Margin-19.8%20.8%64.0%-1360.5%-249.9%-56.4%-83.4%-198.7%-12.5%-71.4%-83.9%-26.1%
Operating Income Margin-4.0%1.3%-24.2%-541.4%-211.4%-75.1%-77.5%-45.1%-50.0%-74.5%-56.2%-26.2%
Net Income Margin-33.2%9.8%53.0%-1408.2%-353.8%-95.5%-133.4%-841.3%-44.9%-141.0%-106.7%-33.8%
Cash & Debt            
Total Cash111113802232-34-
Total Debt15814215320269716359084670
Net Debt / (Cash)14713214012368706157-8162-
Cash Flows Quarterly            
FCF from Operations-4-3-26-21-3-5-12-20-11-16-14-
Cash Flows TTM            
FCF from Operations TTM-54-52-55-41-39-47-59-61----
Returns to Shareholders Quarterly            
Dividends000000000000
Share Repurchases-0-0-0-0-0-0-0-0-0-0-0-0
Return on Invested Capital (ROIC) Quarterly            
ROIC-2.3%0.9%-19.0%-27.3%-10.7%-8.6%-18.9%-13.3%--42.6%-15.6%-
Return on Invested Capital (ROIC) TTM            
ROIC TTM-11.4%-13.4%-15.1%-14.4%-12.4%-13.6%-15.5%-13.8%--25.0%--

Short Interest

Short Interest: As Of Date8292025
Short Interest: Shares Quantity11,220,113
Short Interest: % Change Since 81520251.2%
Average Daily Volume596,843
Days-to-Cover Short Interest18.80
Basic Shares Quantity80,827,976
Short % of Basic Shares13.9%

Returns Analyses

Title
0Complete Solaria During 2008 Recession vs. 2022 Inflation Shock: /*ERR: EL1001E: Type conversion problem, cannot convert from null to boolean*/ ${(#LargelyLevel)?(COMPANY_TICKER+' Stock Has Recovered To Its '+#PreInflationMaxMonth+' High And Looks Fairly Priced'):(#PotentialUpside > 0?(COMPANY_TICKER+' Stock Has '+PercentRound(#PotentialUpside.scaledValue,0)+' Upside If It Recovers To Pre-Inflation Shock Levels'):(COMPANY_TICKER+' Stock Is Now '+ROUND((MKT_PRICE.value/#PreInflationMax-1)*100,0)+'% Higher Than Its Pre-Shock High'))} 
1Sunpower (SPWR) Stock Has 52% Chance Of Rise In The Next One Month
2Complete Solaria Stock Return Comparison
3Sunpower (SPWR) Stock Has 45% Chance Of Rise In The Next One Month
4[10/3/2021] Sunpower (SPWR) Stock Price Forecast: AI Forecasts SPWR Stock Price To Be Around $25.7 In A Month (Up 3.3%)
5Complete Solaria Total Shareholder Return (TSR): -68.9% in 2022 and 51.8% 3-yr returns (above peer average)

Earnings Returns History

Expand for More

 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
7/22/20252.8%-3.4%-6.8%
4/30/20252.6%-6.3%-26.5%
1/27/2025   
11/18/2024   
11/16/2023   
8/28/2023   
SUMMARY STATS   
# Positive200
# Negative466
Median Positive2.7%  
Median Negative -4.9%-16.6%
Max Positive2.8%  
Max Negative -6.3%-26.5%

SEC Filings

Expand for More

Report DateFiling DateFiling
6302025813202510-Q 6/29/2025
3312025519202510-Q 3/30/2025
12312024430202510-K 12/29/2024
93020241118202410-Q 9/29/2024
6302024814202410-Q 6/30/2024
3312024515202410-Q 3/31/2024
12312023401202410-K 12/31/2023
93020231114202310-Q 10/1/2023
33120236272023S-4/A 4/2/2023
123120224102023S-4/A 12/31/2022

Insider Activity

Expand for More

 OwnerTitleFiling DateActionPriceSharesTransacted
Value		Value of
Held Shares		Form
0Rodgers Thurman JChief Executive Officer6052025Buy1.68303,000509,040778,830Form
1Rodgers Thurman JChief Executive Officer6042025Buy1.4910,58915,778239,278Form
2Rodgers Thurman JChief Executive Officer6032025Buy1.38150,000207,000207,000Form
3Gishen Adam5282025Sell1.8820,00037,600277,755Form
4Gishen Adam12192024Sell2.6850,000134,000771,149Form

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