Growth Metrics

Maxeon Solar Technologies (MAXN) Cost of Revenue (2019 - 2024)

Maxeon Solar Technologies posted quarterly Cost of Revenue of $96.5 million for Q4 2024, down 63.35% year-on-year from $263.2 million in Q1 2024, and down 63.96% on a QoQ basis from $267.7 million in Q3 2024.

Maxeon Solar Technologies (MAXN) has 6 years of Cost of Revenue data on file, last reported at $96.5 million in Q4 2024.

  • For the quarter ending Q4 2024, Cost of Revenue fell 63.35% year-over-year to $96.5 million; the trailing twelve-month figure through Dec 2024 stood at $758.5 million (down 27.42% YoY), and the FY2024 full-year result was $758.5 million, down 27.42% from the prior year.
  • Cost of Revenue for Q4 2024 stood at $96.5 million, down from $267.7 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $292.2 million in Q3 2023 and bottomed at $96.5 million in Q4 2024.
  • The 5-year median for Cost of Revenue is $237.1 million (2021), against an average of $228.4 million.
  • The widest annual swing landed in 2022, when Cost of Revenue soared 55.23%; it then tumbled 63.35% in 2024.
  • A 5-year view of Cost of Revenue shows it stood at $173.0 million in 2020, then grew by 3.28% to $178.7 million in 2021, then surged by 62.95% to $291.2 million in 2022, then decreased by 9.6% to $263.2 million in 2023, then sank by 63.35% to $96.5 million in 2024.
  • The last three Cost of Revenue figures came in at $96.5 million (Q4 2024), $267.7 million (Q3 2024), and $192.0 million (Q2 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 558.11 Mn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 583.14 Mn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 1.09 Bn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 48.09 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn 242.22 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 178.53 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 99.55 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn 160.41 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn 1.63 Bn
10 Maxeon Solar Technologies 13,137.80 -17.21 Mn - -

Historic Data

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DateValue
Dec 31, 2024 96.47 Mn
Dec 31, 2024 96.47 Mn
Sep 29, 2024 267.66 Mn
Sep 29, 2024 267.66 Mn
Jun 30, 2024 192.00 Mn
Jun 30, 2024 192.00 Mn
Mar 31, 2024 202.33 Mn
Mar 31, 2024 202.33 Mn
Dec 31, 2023 263.24 Mn
Dec 31, 2023 263.24 Mn
Oct 1, 2023 224.90 Mn
Oct 1, 2023 224.90 Mn
Jul 2, 2023 292.15 Mn
Jul 2, 2023 292.15 Mn
Apr 2, 2023 264.71 Mn
Apr 2, 2023 264.71 Mn
Oct 2, 2022 291.20 Mn
Oct 2, 2022 291.20 Mn
Jul 3, 2022 277.40 Mn
Jul 3, 2022 277.40 Mn
Apr 3, 2022 236.05 Mn
Apr 3, 2022 236.05 Mn
Jul 4, 2021 178.71 Mn
Jul 4, 2021 178.71 Mn
Jan 3, 2021 238.25 Mn
Jan 3, 2021 238.25 Mn
Jun 28, 2020 173.04 Mn
Jun 28, 2020 173.04 Mn
Dec 29, 2019 340.52 Mn
Dec 29, 2019 340.52 Mn
Jun 30, 2019 289.50 Mn
Jun 30, 2019 289.50 Mn