---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-054740"
form_type: "8-K"
ticker: "SPWR"
cik: "0001838987"
company_name: "SunPower Inc."
filed_at: "2026-05-12T12:01:12+00:00"
generated_at: "2026-05-12T12:08:20.430827+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001213900-26-054740
- form_type: 8-K
- ticker: SPWR
- cik: 0001838987
- company_name: SunPower Inc.
- filed_at: 2026-05-12T12:01:12+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1838987/000121390026054740/0001213900-26-054740-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1838987/000121390026054740/ea0290197-8k_sunpower.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-054740
- JSON: https://secwatch.observer/filing/0001213900-26-054740.json
- Plain text: https://secwatch.observer/filing/0001213900-26-054740.txt

## Key facts
- Earnings Releases
  SunPower Inc. reported Q1 2026 results: revenue 72,793.
  - Period: Q1 2026
  - Revenue: 72,793
  - Result: preliminary results
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1838987/000121390026054740/0001213900-26-054740-index.htm
- Executive change
  Thurman J. Rodgers was appointed as Principal Financial Officer at SunPower Inc..
  - Action: appointed
  - Role: Principal Financial Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1838987/000121390026054740/0001213900-26-054740-index.htm
- Executive change
  Wendell Laidley resigned as Chief Financial Officer at SunPower Inc..
  - Action: resigned
  - Role: Chief Financial Officer
  source text: On May 7, 2026, Wendell Laidley resigned from his position as Chief Financial Officer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1838987/000121390026054740/0001213900-26-054740-index.htm
- Executive change
  Bernard Gutmann was appointed as Director at SunPower Inc..
  - Action: appointed
  - Role: Director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1838987/000121390026054740/0001213900-26-054740-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.