8-K filed May 12, 2026, 8:01 AM ET ticker SPWR CIK 0001838987

earnings confidence high sentiment negative materiality 0.80

SunPower Q1'26 rev $72.8M, non-GAAP op loss $12.9M; CFO resigns, guidance lowered

SunPower Inc.

Revenue $72.8M, down 9% from Q4'25 guidance of $80M; GAAP operating loss $19.2M, non-GAAP loss $12.9M.
CFO Wendell Laidley resigned May 7; CEO T.J. Rodgers appointed Principal Financial Officer. Bernard Gutmann appointed to board and audit committee.
Cost cuts: RIF of 115 employees, 4-day workweek, inside sales cut from 90 to 15; savings ~$9.9M per quarter starting May.
Q2'26 revenue estimate ~$75M, operating loss ~$3M; Q3'26 revenue forecast $96M (cashflow breakeven).
Bookings record 4,446 jobs in Q1'26, up from 1,197 in Q1'25.

item 2.02 item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed (interim)

Thurman J. Rodgers

Principal Financial Officer

SPWR · SunPower Inc.

Effective: 2026-05-07
Filed: May 12, 2026, 8:01 AM ET

Thurman J. Rodgers (the Company’s Chief Executive Officer) was appointed as the Company’s Principal Financial Officer, pending the Company’s appointment of a replacement Chief Financial Officer.

Departed (interim)

Wendell Laidley

Chief Financial Officer

SPWR · SunPower Inc.

Effective: 2026-05-07
Successor: Thurman J. Rodgers
Filed: May 12, 2026, 8:01 AM ET

On May 7, 2026, Wendell Laidley resigned from his position as Chief Financial Officer of the Company.

Appointed

Bernard Gutmann

Director

SPWR · SunPower Inc.

Effective: 2026-05-08
Filed: May 12, 2026, 8:01 AM ET

the Board of Directors (the (“ Board ”) of the Company appointed Bernard Gutmann to serve as a director of the Company and as a member of the Audit Committee, effective immediately.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

SunPower Inc. reported Q1 2026 results: revenue 72,793.

Period: Q1 2026
Revenue: 72,793
Result: preliminary results

Exact text from the filing

from our recent 10K audit. SunPower Q1’26 Revenue & Operating Income Statement 1 GAAP 2 NON-GAAP 3 ($1000s, except gross margin) Q1 2026 Q4 2025 4 Q1 2026 Q4 2025 4 Revenue 72,793 90,985 72,793 90,985 Gross Profit 45,162 45,996 46,883 55,195 Gross Margin 62 % 51 % 64 % 61 % Operating Expense (Opex) 64,357 58,684 59,748 52,011 Opex (less commission) 35,793

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Thurman J. Rodgers was appointed as Principal Financial Officer at SunPower Inc..

Action: appointed
Role: Principal Financial Officer

Exact text from the filing

Thurman J. Rodgers (the Company’s Chief Executive Officer) was appointed as the Company’s Principal Financial Officer, pending the Company’s appointment of a replacement Chief Financial Officer.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Wendell Laidley resigned as Chief Financial Officer at SunPower Inc..

Action: resigned
Role: Chief Financial Officer

Exact text from the filing

On May 7, 2026, Wendell Laidley resigned from his position as Chief Financial Officer of the Company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Bernard Gutmann was appointed as Director at SunPower Inc..

Action: appointed
Role: Director

Exact text from the filing

the Board of Directors (the (“ Board ”) of the Company appointed Bernard Gutmann to serve as a director of the Company and as a member of the Audit Committee, effective immediately.

View on SEC.gov

51 earnings releases filed in the last 30 days. Browse all earnings releases →

SunPower Inc. filing history →

Source: SEC EDGAR

accession 0001213900-26-054740

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