Complete Solaria, Inc. (SPWR) Financial Statements
Industry: Construction - Special Trade Contractors
In fiscal 2025, Complete Solaria reported revenue of $300.0M, up 175.9% from $108.7M the year before. Net income was -$45.4M (a -15.1% net margin), or -$0.52 per diluted share. Gross margin was 43.1% and operating margin was -9.0%. Operating activities generated -$15.3M of cash. At fiscal year end, Complete Solaria held $241.2M in total assets against $331.3M in total liabilities, including $9.6M of cash and equivalents.
Open the full interactive Complete Solaria financials → Quarterly statements, key ratios, valuation history and price charts.
Complete Solaria Key Stats
| Share Price | $0.27 |
|---|---|
| Market Cap | $50.2M |
| Revenue YoY Growth | +175.9% |
| 52-Week Range | $0.22 – $2.11 |
| Shares Outstanding | 149.4 million (basic, 2026 Q2) |
Complete Solaria Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $87.6M | $108.7M | $300.0M |
| Cost of Goods Sold | $0 | $0 | — | — | — |
| Gross Profit | $0 | $0 | $17.8M | $39.5M | $129.2M |
| Operating Income | -$3.8M | -$4.4M | -$52.4M | -$68.5M | -$26.9M |
| Pre-Tax Income | $5.1M | $6.0M | -$96.2M | -$54.4M | -$42.7M |
| Income Tax | — | — | -$20,000 | $2.0M | $1.6M |
| Net Income | $5.1M | $6.0M | -$269.6M | -$56.5M | -$45.4M |
| Diluted EPS | $0.18 | $0.14 | -$4.94 | -$1.22 | -$0.52 |
Complete Solaria Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $70.0M | $79.7M | $72.8M | $54.9M |
| Net Income | -$16.9M | -$14.2M | $5.2M | $6.9M |
| Diluted EPS | -$0.19 | -$0.16 | — | — |
Complete Solaria Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash & Equivalents | $277,583 | $72,923 | $2.6M | $13.4M | $9.6M |
| Current Assets | $1.0M | $193,600 | $37.7M | $95.6M | $112.9M |
| Total Assets | $346.2M | $350.1M | $47.3M | $144.5M | $241.2M |
| Current Liabilities | $2.6M | $5.7M | $109.2M | $79.4M | $154.6M |
| Total Long-Term Debt | — | — | $90.6M | $147.3M | $164.8M |
| Total Liabilities | $23.1M | $11.7M | $124.1M | $242.0M | $331.3M |
| Shareholders' Equity | -$21.9M | -$11.5M | -$76.8M | -$97.5M | -$90.1M |
Complete Solaria Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash From Operations | -$2.0M | -$1.4M | -$58.6M | -$54.7M | -$15.3M |
| Cash From Investing | -$345.0M | — | $6.2M | -$54.7M | -$19.3M |
| Cash From Financing | $347.3M | $1.2M | $50.4M | $120.1M | $30.9M |
| Free Cash Flow | — | — | -$58.6M | -$54.7M | — |
Figures from Complete Solaria's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Complete Solaria financials page for every line item.
Complete Solaria Company Profile
| Ticker | SPWR |
|---|---|
| Exchange | Nasdaq |
| Industry | Construction - Special Trade Contractors |
| Headquarters | Orem, Utah |
| Incorporated in | Delaware |
| Fiscal Year End | December 29 |
| SEC Filer Category | Emerging growth company |
| SEC CIK | 0001838987 |
Frequently Asked Questions
What was Complete Solaria's revenue in fiscal 2025?
Complete Solaria (SPWR) reported revenue of $300.0M for fiscal 2025.
What is Complete Solaria's annual revenue history?
Complete Solaria's annual revenue by fiscal year: 2021: $0; 2022: $0; 2023: $87.6M; 2024: $108.7M; 2025: $300.0M.
What was Complete Solaria's net income in fiscal 2025?
Complete Solaria reported net income of -$45.4M for fiscal 2025.
What was Complete Solaria's earnings per share (EPS) in fiscal 2025?
Complete Solaria's diluted EPS was -$0.52 for fiscal 2025 (adjusted for any later stock splits).
What was Complete Solaria's revenue last quarter?
In its most recent reported quarter (2026 Q2), Complete Solaria reported revenue of $54.9M.
How much debt does Complete Solaria have?
Complete Solaria reported $164.8M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Complete Solaria are outstanding?
Complete Solaria reported a weighted average of 149.4 million basic shares outstanding in 2026 Q2.
What is Complete Solaria's market cap?
Based on its latest closing price, Complete Solaria (SPWR) has a market capitalization of about $50.2M.
When does Complete Solaria's fiscal year end?
Complete Solaria's fiscal year end, as registered with the SEC, is December 29.
Where is Complete Solaria headquartered?
Complete Solaria lists its business address in Orem, Utah in its SEC filings.