Maxeon Solar Technologies (MAXN) Interest Expenses (2019 - 2024)
Maxeon Solar Technologies posted quarterly Interest Expenses of -$9.1 million for Q4 2024, up 10.28% year-on-year from -$8.2 million in Q1 2024, and up 25.53% on a QoQ basis from -$12.2 million in Q3 2024.
Maxeon Solar Technologies (MAXN) has 6 years of Interest Expenses data on file, last reported at -$9.1 million in Q4 2024.
- For the quarter ending Q4 2024, Interest Expenses rose 10.28% year-over-year to -$9.1 million; the trailing twelve-month figure through Jun 2025 stood at -$31.9 million (up 21.81% YoY), and the FY2024 full-year result was -$45.4 million, down 6.9% from the prior year.
- Interest Expenses for Q4 2024 stood at -$9.1 million, up from -$12.2 million in the prior quarter.
- Across five years, Interest Expenses topped out at -$6.3 million in Q2 2020 and bottomed at -$12.2 million in Q3 2024.
- The 5-year median for Interest Expenses is -$10.1 million (2023), against an average of -$9.7 million.
- The widest annual swing landed in 2021, when Interest Expenses dropped 19.83%; it then grew 11.56% in 2024.
- A 5-year view of Interest Expenses shows it stood at -$6.3 million in 2020, then dropped by 28.63% to -$8.1 million in 2021, then slipped by 8.54% to -$8.8 million in 2022, then dropped by 14.51% to -$10.1 million in 2023, then increased by 10.28% to -$9.1 million in 2024.
- The last three Interest Expenses figures came in at -$9.1 million (Q4 2024), -$12.2 million (Q3 2024), and -$10.6 million (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 7.62 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | - |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | -48.46 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 633,000.00 |
| 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 | 2.90 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 5.56 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| Date | Value |
|---|---|
| Dec 31, 2024 | -9.06 Mn |
| Dec 31, 2024 | -9.06 Mn |
| Sep 29, 2024 | -12.17 Mn |
| Sep 29, 2024 | -12.17 Mn |
| Jun 30, 2024 | -10.62 Mn |
| Jun 30, 2024 | -10.62 Mn |
| Mar 31, 2024 | -9.55 Mn |
| Mar 31, 2024 | -9.55 Mn |
| Dec 31, 2023 | -10.10 Mn |
| Dec 31, 2023 | -10.10 Mn |
| Oct 1, 2023 | -10.46 Mn |
| Oct 1, 2023 | -10.46 Mn |
| Jul 2, 2023 | -11.07 Mn |
| Jul 2, 2023 | -11.07 Mn |
| Apr 2, 2023 | -10.80 Mn |
| Apr 2, 2023 | -10.80 Mn |
| Oct 2, 2022 | -8.82 Mn |
| Oct 2, 2022 | -8.82 Mn |
| Jan 3, 2021 | -8.13 Mn |
| Jan 3, 2021 | -8.13 Mn |
| Jun 28, 2020 | -6.32 Mn |
| Jun 28, 2020 | -6.32 Mn |
| Dec 29, 2019 | -6.78 Mn |
| Dec 29, 2019 | -6.78 Mn |
| Jun 30, 2019 | -6.31 Mn |
| Jun 30, 2019 | -6.31 Mn |