Growth Metrics

Maxeon Solar Technologies (MAXN) Gross Profit (2019 - 2024)

Maxeon Solar Technologies posted quarterly Gross Profit of -$47.7 million for Q4 2024, down 38.29% year-on-year from -$77.2 million in Q1 2024, and up 73.39% on a QoQ basis from -$179.1 million in Q3 2024.

Maxeon Solar Technologies (MAXN) has 6 years of Gross Profit data on file, last reported at -$47.7 million in Q4 2024.

  • For the quarter ending Q4 2024, Gross Profit fell 38.29% year-over-year to -$47.7 million; the trailing twelve-month figure through Dec 2024 stood at -$249.4 million (down 419.29% YoY), and the FY2024 full-year result was -$249.4 million, down 419.29% from the prior year.
  • Gross Profit for Q4 2024 stood at -$47.7 million, up from -$179.1 million in the prior quarter.
  • Across five years, Gross Profit topped out at $56.2 million in Q3 2023 and bottomed at -$179.1 million in Q3 2024.
  • The 5-year median for Gross Profit is -$10.5 million (2022), against an average of -$14.7 million.
  • The widest annual swing landed in 2023, when Gross Profit soared 513.65%; it then sank 6665.29% in 2024.
  • A 5-year view of Gross Profit shows it stood at -$8.0 million in 2020, then tumbled by 108.2% to -$16.7 million in 2021, then increased by 5.75% to -$15.7 million in 2022, then plunged by 118.84% to -$34.5 million in 2023, then tumbled by 38.29% to -$47.7 million in 2024.
  • The last three Gross Profit figures came in at -$47.7 million (Q4 2024), -$179.1 million (Q3 2024), and -$7.8 million (Q2 2024), per Business Quant data.

Peer Comparison

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

Historic Data

Download Data 🔒
DateValue
Dec 31, 2024 -47.66 Mn
Dec 31, 2024 -47.66 Mn
Sep 29, 2024 -179.10 Mn
Sep 29, 2024 -179.10 Mn
Jun 30, 2024 -7.79 Mn
Jun 30, 2024 -7.79 Mn
Mar 31, 2024 -14.87 Mn
Mar 31, 2024 -14.87 Mn
Dec 31, 2023 -34.46 Mn
Dec 31, 2023 -34.46 Mn
Oct 1, 2023 2.73 Mn
Oct 1, 2023 2.73 Mn
Jul 2, 2023 56.22 Mn
Jul 2, 2023 56.22 Mn
Apr 2, 2023 53.63 Mn
Apr 2, 2023 53.63 Mn
Jan 1, 2023 20.09 Mn
Jan 1, 2023 20.09 Mn
Oct 2, 2022 -15.75 Mn
Oct 2, 2022 -15.75 Mn
Jul 3, 2022 -39.32 Mn
Jul 3, 2022 -39.32 Mn
Apr 3, 2022 -12.96 Mn
Apr 3, 2022 -12.96 Mn
Jan 2, 2022 -10.55 Mn
Jan 2, 2022 -10.55 Mn
Oct 3, 2021 -16.71 Mn
Oct 3, 2021 -16.71 Mn
Jul 4, 2021 -2.81 Mn
Jul 4, 2021 -2.81 Mn
Jan 3, 2021 7.31 Mn
Jan 3, 2021 7.31 Mn
Jun 28, 2020 -8.03 Mn
Jun 28, 2020 -8.03 Mn
Dec 29, 2019 27.61 Mn
Dec 29, 2019 27.61 Mn
Jun 30, 2019 1.96 Mn
Jun 30, 2019 1.96 Mn