Maxeon Solar Technologies (MAXN) EBIT (2019 - 2024)
Maxeon Solar Technologies posted quarterly EBIT of -$111.3 million for Q4 2024, up 36.55% year-on-year from -$81.5 million in Q1 2024, and up 66.5% on a QoQ basis from -$332.3 million in Q3 2024.
Maxeon Solar Technologies (MAXN) has 6 years of EBIT data on file, last reported at -$111.3 million in Q4 2024.
- For the quarter ending Q4 2024, EBIT rose 36.55% year-over-year to -$111.3 million; the trailing twelve-month figure through Dec 2024 stood at -$576.6 million (down 163.06% YoY), and the FY2024 full-year result was -$576.6 million, down 163.06% from the prior year.
- EBIT for Q4 2024 stood at -$111.3 million, up from -$332.3 million in the prior quarter.
- Across five years, EBIT topped out at $107.8 billion in Q1 2023 and bottomed at -$32.7 billion in Q4 2021.
- The 5-year median for EBIT is -$56.9 million (2022), against an average of $4.4 billion.
- The widest annual swing landed in 2023, when EBIT jumped 1022221.77%; it then plunged 927.53% in 2024.
- A 5-year view of EBIT shows it stood at -$35.9 million in 2020, then slumped by 90756.68% to -$32.7 billion in 2021, then soared by 99.83% to -$56.9 million in 2022, then tumbled by 208.15% to -$175.5 million in 2023, then surged by 36.55% to -$111.3 million in 2024.
- The last three EBIT figures came in at -$111.3 million (Q4 2024), -$332.3 million (Q3 2024), and -$69.5 million (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 345.30 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 153.59 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | -64.06 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | -29.64 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | -55.04 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | -43.51 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 7.72 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 7.11 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | -84.91 Mn |
| 10 | Maxeon Solar Technologies | 13,137.80 | -17.21 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -111.33 Mn |
| Sep 29, 2024 | -332.32 Mn |
| Jun 30, 2024 | -69.46 Mn |
| Mar 31, 2024 | -63.54 Mn |
| Dec 31, 2023 | -175.47 Mn |
| Oct 1, 2023 | -63.83 Mn |
| Jul 2, 2023 | 8.39 Mn |
| Apr 2, 2023 | 11.70 Mn |
| Jan 1, 2023 | 107.78 Bn |
| Oct 2, 2022 | -56.94 Mn |
| Jul 3, 2022 | -75.03 Mn |
| Apr 3, 2022 | -50.37 Mn |
| Jan 2, 2022 | -10.55 Mn |
| Oct 3, 2021 | -32.66 Bn |
| Jul 4, 2021 | -40.88 Mn |
| Jan 3, 2021 | -25.49 Mn |
| Jun 28, 2020 | -35.94 Mn |
| Dec 29, 2019 | -10.84 Mn |
| Jun 30, 2019 | -32.70 Mn |