Growth Metrics

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

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DateValue
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