SunPower (SunPower) Retained Earnings : $-2,333 Mil (As of Dec. 2023)

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What is SunPower Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. SunPower's retained earnings for the quarter that ended in Dec. 2023 was $-2,333 Mil.

SunPower's quarterly retained earnings declined from Jun. 2023 ($-2,150 Mil) to Sep. 2023 ($-2,209 Mil) and declined from Sep. 2023 ($-2,209 Mil) to Dec. 2023 ($-2,333 Mil).

SunPower's annual retained earnings increased from Dec. 2021 ($-2,129 Mil) to Dec. 2022 ($-2,086 Mil) but then declined from Dec. 2022 ($-2,086 Mil) to Dec. 2023 ($-2,333 Mil).

SunPower Retained Earnings Historical Data

The historical data trend for SunPower's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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SunPower Retained Earnings Chart

SunPower Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-2,449.68

-2,085.25

-2,128.63

-2,085.78

-2,332.76

SunPower Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial															-2,085.78	-2,116.86	-2,149.93	-2,208.99	-2,332.76

SunPower Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

SunPower (NAS:SPWR) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

SunPower (SunPower) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » SunPower Corp (NAS:SPWR) » Definitions » Retained Earnings

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S9P2:Germany S9P2:Germany

Address

51 Rio Robles, San Jose, CA, USA, 95134

Website

https://www.sunpower.com

SunPower is a leading solar technology and energy services provider that offers fully integrated solar, storage, and home energy solutions to customers primarily in the United States and Canada through an array of hardware, software, and financing options and smart energy solutions. The company's sales channels include a network of both installing and noninstalling dealers and resellers that operate in residential and commercial markets as well as a group of in-house sales teams in each segment engaged in direct sales to end customers.

Executives

Elizabeth Lynne Eby	officer: EVP, CFO	1414 HARBOUR WAY SOUTH, SUITE 1901, RICHMOND CA 94804
Jennifer Johnston	officer: EVP, Chief Operating Officer	1414 HARBOUR WAY SOUTH, SUITE 1901, RICHMOND CA 94804
Audrey Zibelman	director	1414 HARBOUR WAY SOUTH, SUITE 1901, RICHMOND CA 94804
Steve Louden	director	C/O ROKU, INC., 150 WINCHESTER CIRCLE, LOS GATOS CA 95032
Vichheka Heang	officer: Principal Accounting Officer	77 RIO ROBLES, C/O SUNPOWER CORPORATION, SAN JOSE CA 95134
June Sauvaget	officer: EVP, Chief Marketing Officer	1414 HARBOUR WAY SOUTH, SUITE 1901, RICHMOND CA 94804
Eileen Evans	officer: EVP, Chief Legal Officer	3000 HANOVER STREET, PALO ALTO CA 94304
Nathaniel Anschuetz	director	C/O GLOBAL INFRASTRUCTURE PARTNERS, 1345 AVENUE OF THE AMERICAS, 30TH FLOOR, NEW YORK NY 10105
Jonathan Bram	director	C/O GLOBAL INFRASTRUCTURE PARTNERS, 1345 AVENUE OF THE AMERICAS, 30TH FLOOR, NEW YORK NY 10105
Guthrie Dundas	officer: Interim CFO	1414 HARBOUR WAY SOUTH, SUITE 1901, RICHMOND CA 94804
Gip Iii Sol Holdings, L.p.	director, 10 percent owner	1345 AVENUE OF THE AMERICAS, 30TH FLOOR, NEW YORK NY 10105
Global Infrastructure Investors Iii, Llc	director, 10 percent owner	C/O GLOBAL INFRASTRUCTURE PARTNERS, 1345 AVENUE OF THE AMERICAS, 30TH FLOOR, NEW YORK NY 10105
Global Infrastructure Gp Iii, L.p.	director, 10 percent owner	C/O GLOBAL INFRASTRUCTURE PARTNERS, 1345 AVENUE OF THE AMERICAS, 30TH FLOOR, NEW YORK NY 10105
Gip Iii Sol Acquisition, Llc	director, 10 percent owner	1345 AVENUE OF THE AMERICAS, 30TH FLOOR, NEW YORK NY 10105
Totalenergies Gestion Usa Sarl	10 percent owner	LA DEFENSE 6 2 PLACE JEAN MILLIER, COURBEVOIE, HAUTS-DE-SEINE I0 92400