CSLR · Freedom Acquisition I Corp. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Price · CSLR
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $72.79M | - | $70.00M | $66.11M | $82.74M | - | $24.59M | $25.62M | $16.68M | - |
| Cost of Revenue | $28.11M | - | $37.97M | $42.33M | $42.60M | - | $18.35M | $5.38M | $13.83M | - |
| Gross Profit | $44.69M | - | $32.04M | $23.78M | $40.14M | - | $6.24M | $6.01M | $2.85M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $30.32M | - | $21.48M | $16.49M | $24.59M | - | $6.34M | $6.25M | $8.91M | - |
| Total Operating Expenses | $63.88M | - | $35.48M | $32.70M | $39.10M | - | $17.31M | $8.60M | $15.27M | - |
| D&A | $3.61M | - | $600.0K | - | $357.0K | - | - | - | $189.0K | - |
| Operating Income | ($19.20M) | - | ($3.44M) | ($8.92M) | $1.04M | - | ($11.08M) | ($12.80M) | ($12.42M) | - |
| Interest Expense | $100.0K | - | $3.70M | $1.40M | $7.49M | - | $50.0K | $3.36M | $3.61M | - |
| Income Tax | ($608.0K) | - | - | - | - | - | ($1.0K) | $10.0K | $1.0K | - |
| Net Income | $5.25M | - | ($16.90M) | ($22.42M) | $8.13M | - | ($206.88M) | ($11.51M) | ($23.51M) | - |
| EPS - Basic | $0.04 | - | ($0.19) | ($0.34) | $0.10 | - | ($5.20) | ($0.41) | ($0.93) | - |
| EPS - Diluted | $0.00 | - | ($0.19) | ($0.34) | $0.00 | - | ($5.20) | ($0.26) | ($0.93) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $9.49M | $9.62M | $5.07M | $11.13M | $10.55M | $13.38M | $79.50M | $1.84M | $1.79M | $2.59M |
| Accounts Receivable | - | - | $80.75M | $39.17M | $29.30M | $25.84M | $8.48M | $13.00M | $20.94M | $26.28M |
| Inventory | $4.10M | $4.38M | $8.69M | $5.19M | $11.01M | $22.11M | $607.0K | $2.03M | $2.77M | $3.06M |
| Accounts Payable | $28.35M | $26.24M | $19.86M | $17.31M | $14.88M | $7.98M | $4.63M | $10.99M | $10.52M | $13.12M |
| Current Assets | $122.02M | $112.85M | $115.35M | $116.38M | $100.83M | $95.60M | $102.48M | $24.02M | $31.27M | $37.75M |
| Total Assets | $262.09M | $241.19M | $208.34M | $163.14M | $147.81M | $144.47M | $107.94M | $33.39M | $40.85M | $47.32M |
| Current Liabilities | $171.80M | $154.64M | $115.14M | $101.02M | $84.54M | $79.44M | $41.71M | $113.26M | $117.04M | $109.18M |
| Long-term Debt | - | $164.77M | $204.28M | $147.33M | - | - | - | - | - | - |
| Total Liabilities | $323.54M | $331.33M | $320.66M | $270.32M | $236.79M | $242.00M | $250.64M | $125.36M | $125.93M | $124.14M |
| Stockholders' Equity | ($61.45M) | ($90.14M) | ($112.32M) | ($107.18M) | ($88.98M) | ($97.54M) | $72.37M | ($91.97M) | ($85.08M) | ($76.81M) |
| Retained Earnings | ($451.48M) | ($456.73M) | ($442.58M) | ($425.67M) | ($403.25M) | ($411.38M) | ($458.37M) | ($380.41M) | ($364.52M) | ($354.93M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($25.66M) | - | - | - | ($2.63M) | - | - | - | ($16.28M) | - |
| Investing Cash Flow | $553.0K | - | - | - | - | - | - | - | ($486.0K) | - |
| Financing Cash Flow | $22.27M | - | - | - | ($198.0K) | - | - | - | $15.55M | - |
| CapEx | - | - | - | - | - | - | - | - | $30.0K | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | ($16.31M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 61.4% | - | 45.8% | 36.0% | 48.5% | - | 25.4% | 23.5% | 17.1% | - |
| Operating margin | -26.4% | - | -4.9% | -13.5% | 1.3% | - | -45.1% | -50.0% | -74.5% | - |
| EBITDA margin | -21.4% | - | -4.1% | - | 1.7% | - | - | - | -73.4% | - |
| Net margin | 7.2% | - | -24.1% | -33.9% | 9.8% | - | -841.3% | -44.9% | -141.0% | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | -97.8% | - |
| FCF / Net income | - | - | - | - | - | - | - | - | 0.69 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 41.7% | - | 30.7% | 24.9% | 29.7% | - | 25.8% | 24.4% | 53.4% | - |
| Effective tax rate | -13.1% | - | - | - | - | - | - | - | - | - |
| Return on assets | 2.0% | - | -8.1% | -13.7% | 5.5% | - | -191.7% | -34.5% | -57.6% | - |
| Return on equity | -8.5% | - | 15.1% | 20.9% | -9.1% | - | -285.9% | 12.5% | 27.6% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.71 | 0.73 | 1.00 | 1.15 | 1.19 | 1.20 | 2.46 | 0.21 | 0.27 | 0.35 |
| Quick ratio | 0.69 | 0.70 | 0.93 | 1.10 | 1.06 | 0.93 | 2.44 | 0.19 | 0.24 | 0.32 |
| Cash ratio | 0.06 | 0.06 | 0.04 | 0.11 | 0.12 | 0.17 | 1.91 | 0.02 | 0.02 | 0.02 |
| Leverage | ||||||||||
| Debt / Equity | - | -1.83 | -1.82 | -1.37 | - | - | - | - | - | - |
| Debt / Assets | - | 0.68 | 0.98 | 0.90 | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -191.9x | - | -0.9x | -6.4x | 0.1x | - | -221.6x | -3.8x | -3.4x | - |
| Equity multiplier | -4.26 | -2.68 | -1.85 | -1.52 | -1.66 | -1.48 | 1.49 | -0.36 | -0.48 | -0.62 |
| Liabilities / Assets | 1.23 | 1.37 | 1.54 | 1.66 | 1.60 | 1.68 | 2.32 | 3.75 | 3.08 | 2.62 |
| Efficiency | ||||||||||
| Asset turnover | 0.28 | - | 0.34 | 0.41 | 0.56 | - | 0.23 | 0.77 | 0.41 | - |
| Inventory turnover | 6.86 | - | 4.37 | 8.16 | 3.87 | - | 30.24 | 2.65 | 4.99 | - |
| Days sales outstanding | - | - | 421d | 216d | 129d | - | 126d | 185d | 458d | - |
| Days inventory outstanding | 53d | - | 84d | 45d | 94d | - | 12d | 138d | 73d | - |
| Days payable outstanding | 368d | - | 191d | 149d | 127d | - | 92d | 745d | 278d | - |
| Cash conversion cycle | - | - | 314d | 112d | 96d | - | 46d | -422d | 254d | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -12.0% | - | 184.7% | 158.1% | 396.1% | - | 0.0% | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | 11.3% | - | 413.8% | 295.5% | 1308.5% | - | 0.0% | - | - | - |
| Operating income growth (YoY) | - | - | 68.9% | 30.3% | - | - | 0.0% | -747.1% | -666.7% | - |
| Net income growth (YoY) | -35.4% | - | 91.8% | -94.8% | - | - | 0.0% | -333.4% | - | - |
| EPS growth (YoY) | - | - | 96.3% | -30.8% | - | - | -0.2% | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 30.9% | 7.6% | - | -16.5% | -4.6% | -27.0% | - | -364.8% | -455.2% | -568.5% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-28.
Product / service
$222.09M totalResidential Solar Installation$160.99M · 72.5%
New Homes Business$46.69M · 21.0%
Dealer$14.42M · 6.5%
Peer comparison
Same SIC group: Construction - Special Trade Contractors
Comparing Freedom Acquisition I Corp. against the 5 most active filers in the same SIC group.