Growth Metrics

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

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DateValue
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