Maxeon Solar Technologies (MAXN) Net Income (2019 - 2024)
Maxeon Solar Technologies posted quarterly Net Income of -$107.3 million for Q4 2024, up 29.74% year-on-year from -$82.7 million in Q1 2024, and up 64.34% on a QoQ basis from -$300.8 million in Q3 2024.
Maxeon Solar Technologies (MAXN) has 6 years of Net Income data on file, last reported at -$107.3 million in Q4 2024.
- For the quarter ending Q4 2024, Net Income rose 29.74% year-over-year to -$107.3 million; the trailing twelve-month figure through Jun 2025 stood at -$469.6 million (down 45.95% YoY), and the FY2024 full-year result was -$578.7 million, down 111.08% from the prior year.
- Net Income for Q4 2024 stood at -$107.3 million, up from -$300.8 million in the prior quarter.
- Across five years, Net Income topped out at $107.8 billion in Q1 2023 and bottomed at -$32.7 billion in Q4 2021.
- The 5-year median for Net Income is -$53.2 million (2023), against an average of $4.4 billion.
- The widest annual swing landed in 2023, when Net Income soared 1130908.18%; it then slumped 465.55% in 2024.
- A 5-year view of Net Income shows it stood at -$27.7 million in 2020, then slumped by 117600.06% to -$32.7 billion in 2021, then jumped by 99.86% to -$45.7 million in 2022, then slumped by 233.93% to -$152.7 million in 2023, then climbed by 29.74% to -$107.3 million in 2024.
- The last three Net Income figures came in at -$107.3 million (Q4 2024), -$300.8 million (Q3 2024), and -$61.5 million (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 346.62 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 150.60 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | -10.82 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | -7.45 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | -57.37 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | -297.33 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | -297,000.00 |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 2.03 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | -228.75 Mn |
| 10 | Maxeon Solar Technologies | 13,137.80 | -17.21 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -107.28 Mn |
| Sep 29, 2024 | -300.84 Mn |
| Jun 30, 2024 | -61.53 Mn |
| Mar 31, 2024 | -54.38 Mn |
| Dec 31, 2023 | -152.68 Mn |
| Oct 1, 2023 | -53.19 Mn |
| Jul 2, 2023 | 27.52 Mn |
| Apr 2, 2023 | 33.13 Mn |
| Jan 1, 2023 | 107.75 Bn |
| Oct 2, 2022 | -45.72 Mn |
| Jul 3, 2022 | -74.09 Mn |
| Apr 3, 2022 | -54.49 Mn |
| Jan 2, 2022 | -9.53 Mn |
| Oct 3, 2021 | -32.66 Bn |
| Jul 4, 2021 | -42.10 Mn |
| Jan 3, 2021 | 6.09 Mn |
| Jun 28, 2020 | -27.75 Mn |
| Dec 29, 2019 | -20.96 Mn |
| Jun 30, 2019 | -23.78 Mn |