Maxeon Solar Technologies (MAXN) Operating Expenses (2019 - 2024)
Maxeon Solar Technologies posted quarterly Operating Expenses of $63.7 million for Q4 2024, down 54.84% year-on-year from $141.0 million in Q1 2024, and down 58.44% on a QoQ basis from $153.2 million in Q3 2024.
Maxeon Solar Technologies (MAXN) has 6 years of Operating Expenses data on file, last reported at $63.7 million in Q4 2024.
- For the quarter ending Q4 2024, Operating Expenses fell 54.84% year-over-year to $63.7 million; the trailing twelve-month figure through Jun 2025 stood at $278.6 million (down 12.38% YoY), and the FY2024 full-year result was $327.2 million, up 10.06% from the prior year.
- Operating Expenses for Q4 2024 stood at $63.7 million, down from $153.2 million in the prior quarter.
- Across five years, Operating Expenses topped out at $32.6 billion in Q4 2021 and bottomed at -$107.8 billion in Q1 2023.
- The 5-year median for Operating Expenses is $44.9 million (2023), against an average of -$4.6 billion.
- The widest annual swing landed in 2022, when Operating Expenses sank 99.87%; it then jumped 130.19% in 2024.
- A 5-year view of Operating Expenses shows it stood at $27.9 million in 2020, then jumped by 116814.42% to $32.6 billion in 2021, then tumbled by 99.87% to $41.2 million in 2022, then surged by 242.28% to $141.0 million in 2023, then slumped by 54.84% to $63.7 million in 2024.
- The last three Operating Expenses figures came in at $63.7 million (Q4 2024), $153.2 million (Q3 2024), and $61.7 million (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 140.83 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 143.79 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 188.46 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 130.04 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 123.32 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 765.74 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 33.29 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 55.90 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | -232.93 Mn |
| 10 | Maxeon Solar Technologies | 13,137.80 | -17.21 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 63.67 Mn |
| Sep 29, 2024 | 153.22 Mn |
| Jun 30, 2024 | 61.67 Mn |
| Mar 31, 2024 | 48.67 Mn |
| Dec 31, 2023 | 141.01 Mn |
| Oct 1, 2023 | 66.56 Mn |
| Jul 2, 2023 | 47.83 Mn |
| Apr 2, 2023 | 41.92 Mn |
| Jan 1, 2023 | -107.76 Bn |
| Oct 2, 2022 | 41.20 Mn |
| Jul 3, 2022 | 35.70 Mn |
| Apr 3, 2022 | 37.41 Mn |
| Oct 3, 2021 | 32.64 Bn |
| Jul 4, 2021 | 38.07 Mn |
| Jan 3, 2021 | 32.81 Mn |
| Jun 28, 2020 | 27.92 Mn |
| Dec 29, 2019 | 38.45 Mn |
| Jun 30, 2019 | 34.66 Mn |