v3.26.1
Revenue Recognition and Contract Balances (Tables)
3 Months Ended 12 Months Ended
Mar. 29, 2026
Dec. 28, 2025
Revenue Recognition and Contract Balances [Abstract]    
Schedule of Disaggregation of Revenue

Refer to the table below for the Company’s revenue recognized (in thousands)

 

   Thirteen Weeks
Ended
 
   March 29,
2026
   March 30,
2025
 
Residential Solar Installation        
Revenue recognized over time  $31,537   $36,504 
Total Residential Solar Installation   31,537    36,504 
           
New Homes Business          
Revenue recognized over time   10,106    15,466 
Revenue recognized at a point in time   4,523    26,443 
Total New Homes Business   14,629    41,909 
           
Dealer          
Revenue recognized at a point in time   26,627     
Total Dealer   26,627     
Total revenue  $72,793   $78,413 
           
Total revenue recognized over time  $41,642   $51,970 
Total revenue recognized at a point in time   31,151    26,443 

All revenue is generated in the U.S. Revenue is disaggregated as follows (in thousands):

 

   Fiscal Year Ended 
   December 28,   December 29, 
   2025   2024 
Residential Solar Installation        
Revenue recognized over time  $160,987   $67,460 
Total Residential Solar Installation   160,987    67,460 
New Homes Business          
Revenue recognized over time   46,686    32,205 
Revenue recognized at a point in time   77,909    9,077 
Total New Homes Business   124,595    41,282 
Dealer          
Revenue recognized at a point in time   14,418    
 
Total Dealer   14,418    
 
Total revenue  $300,000   $108,742 
           
Total revenue recognized over time  $207,673   $99,665 
Total revenue recognized at a point in time   92,327    9,077 
Schedule of Contract Liabilities

Contract liabilities consist of the following (in thousands):

 

   As of 
   March 29,   December 28, 
   2026   2025 
Contract liabilities:        
Contract liabilities, current  $12,634   $20,336 
Contract liabilities, noncurrent   794    794 
Total contract liabilities  $13,428   $21,130 

Accounts receivable, contract assets and contract liabilities from contracts with customers are as follows (in thousands):

 

   As of 
   December 28,   December 29, 
   2025   2024 
Trade accounts receivable, net  $67,824   $25,842 
Contract assets:          
Contract assets, current  $14,122   $26,066 
Total contract assets  $14,122   $26,066 
Contract liabilities:          
Contract liabilities, current  $20,336   $10,003 
Contract liabilities, noncurrent   794    918 
Total contract liabilities  $21,130   $10,921 
Schedule of Changes in Contract Assets and Liabilities  

Changes in the balances of contract assets in the fiscal years ended December 28, 2025 and December 29, 2024 were as follows (in thousands):

 

    Fiscal Year Ended  
Contract assets   December 28,     December 29,  
    2025     2024  
Contract assets, beginning of period   $ 26,066     $
 
Contract assets recognized     12,979       21,451  
Reclassifications to accounts receivable     (26,066 )    
 
Increase due to contract assets acquired in business combination     1,143       4,615  
Contract assets, end of period   $ 14,122     $ 26,066  

 

Changes in the balances of contract liabilities in the fiscal years ended December 28, 2025 and December 29, 2024 were as follows (in thousands):

 

   Fiscal Year Ended 
Contract liabilities  December 28,   December 29, 
   2025   2024 
Contract liabilities, beginning of period  $10,921   $3,478 
Increases due to billings or cash received in advance   6,750    2,642 
Revenue recognized from beginning balance of contract liabilities   (9,889)   (2,560)
Increase due to contract liabilities assumed in a business combination   13,348    7,361 
Contract liabilities, end of period  $21,130   $10,921