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
Download Data| Date | Value |
|---|---|
| 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 |