Maxeon Solar Technologies (MAXN) Payables (2019 - 2025)
Maxeon Solar Technologies posted quarterly Payables of $48.0 million for Q2 2025, down 67.42% year-on-year from $147.2 million in Q2 2024, and down 23.88% on a QoQ basis from $63.0 million in Q4 2024.
Maxeon Solar Technologies (MAXN) has 7 years of Payables data on file, last reported at $48.0 million in Q2 2025.
- For the quarter ending Q2 2025, Payables fell 67.42% year-over-year to $48.0 million; the trailing twelve-month figure through Jun 2025 stood at $48.0 million (down 67.42% YoY), and the FY2024 full-year result was $63.0 million, down 64.69% from the prior year.
- Payables for Q2 2025 stood at $48.0 million, down from $63.0 million in the prior quarter.
- Across five years, Payables topped out at $298.4 million in Q1 2023 and bottomed at $48.0 million in Q2 2025.
- The 5-year median for Payables is $195.3 million (2021), against an average of $188.3 million.
- The widest annual swing landed in 2022, when Payables soared 42.5%; it then sank 67.42% in 2025.
- A 5-year view of Payables shows it stood at $195.3 million in 2021, then jumped by 51.48% to $295.8 million in 2022, then plunged by 39.68% to $178.5 million in 2023, then plunged by 64.69% to $63.0 million in 2024, then declined by 23.88% to $48.0 million in 2025.
- The last three Payables figures came in at $48.0 million (Q2 2025), $63.0 million (Q4 2024), and $118.4 million (Q3 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 306.83 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 533.49 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 3.17 Bn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 113.46 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 404.51 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 343.23 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 80.43 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 142.17 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | 3.45 Bn |
| 10 | Maxeon Solar Technologies | 13,137.80 | -17.21 Mn | - | 47.96 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2025 | 47.96 Mn |
| Dec 31, 2024 | 63.01 Mn |
| Sep 29, 2024 | 118.35 Mn |
| Jun 30, 2024 | 147.22 Mn |
| Mar 31, 2024 | 179.77 Mn |
| Dec 31, 2023 | 178.45 Mn |
| Oct 1, 2023 | 204.36 Mn |
| Jul 2, 2023 | 247.42 Mn |
| Apr 2, 2023 | 264.79 Mn |
| Jan 1, 2023 | 298.40 Mn |
| Jan 2, 2022 | 295.83 Mn |
| Jul 4, 2021 | 195.29 Mn |
| Jan 3, 2021 | 207.61 Mn |
| Jun 28, 2020 | 267.96 Mn |
| Dec 29, 2019 | 346.85 Mn |