Growth Metrics

Maxeon Solar Technologies (MAXN) Operating Income (2019 - 2024)

Maxeon Solar Technologies posted quarterly Operating Income of -$111.3 million for Q4 2024, up 36.55% year-on-year from -$81.5 million in Q1 2024, and up 66.5% on a QoQ basis from -$332.3 million in Q3 2024.

Maxeon Solar Technologies (MAXN) has 6 years of Operating Income data on file, last reported at -$111.3 million in Q4 2024.

  • For the quarter ending Q4 2024, Operating Income rose 36.55% year-over-year to -$111.3 million; the trailing twelve-month figure through Dec 2024 stood at -$576.6 million (down 163.06% YoY), and the FY2024 full-year result was -$576.6 million, down 163.06% from the prior year.
  • Operating Income for Q4 2024 stood at -$111.3 million, up from -$332.3 million in the prior quarter.
  • Across five years, Operating Income topped out at $107.8 billion in Q1 2023 and bottomed at -$32.7 billion in Q4 2021.
  • The 5-year median for Operating Income is -$56.9 million (2022), against an average of $4.4 billion.
  • The widest annual swing landed in 2023, when Operating Income jumped 1022221.77%; it then plunged 927.53% in 2024.
  • A 5-year view of Operating Income shows it stood at -$35.9 million in 2020, then slumped by 90756.68% to -$32.7 billion in 2021, then soared by 99.83% to -$56.9 million in 2022, then tumbled by 208.15% to -$175.5 million in 2023, then surged by 36.55% to -$111.3 million in 2024.
  • The last three Operating Income figures came in at -$111.3 million (Q4 2024), -$332.3 million (Q3 2024), and -$69.5 million (Q2 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 345.30 Mn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 153.59 Mn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn -64.06 Mn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn -29.64 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn -55.04 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn -43.51 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 7.72 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn 7.11 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn -85.26 Mn
10 Maxeon Solar Technologies 13,137.80 -17.21 Mn - -

Historic Data

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DateValue
Dec 31, 2024 -111.33 Mn
Sep 29, 2024 -332.32 Mn
Jun 30, 2024 -69.46 Mn
Mar 31, 2024 -63.54 Mn
Dec 31, 2023 -175.47 Mn
Oct 1, 2023 -63.83 Mn
Jul 2, 2023 8.39 Mn
Apr 2, 2023 11.70 Mn
Jan 1, 2023 107.78 Bn
Oct 2, 2022 -56.94 Mn
Jul 3, 2022 -75.03 Mn
Apr 3, 2022 -50.37 Mn
Jan 2, 2022 -10.55 Mn
Oct 3, 2021 -32.66 Bn
Jul 4, 2021 -40.88 Mn
Jan 3, 2021 -25.49 Mn
Jun 28, 2020 -35.94 Mn
Dec 29, 2019 -10.84 Mn
Jun 30, 2019 -32.70 Mn