Growth Metrics

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 🔒
DateValue
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