Growth Metrics

Maxeon Solar Technologies (MAXN) Research & Development (2019 - 2024)

Maxeon Solar Technologies posted quarterly Research & Development of $9.3 million for Q4 2024, down 7.23% year-on-year from $10.0 million in Q1 2024, and up 3.39% on a QoQ basis from $9.0 million in Q3 2024.

Maxeon Solar Technologies (MAXN) has 6 years of Research & Development data on file, last reported at $9.3 million in Q4 2024.

  • For the quarter ending Q4 2024, Research & Development fell 7.23% year-over-year to $9.3 million; the trailing twelve-month figure through Dec 2024 stood at $37.6 million (down 17.84% YoY), and the FY2024 full-year result was $37.6 million, down 17.84% from the prior year.
  • Research & Development for Q4 2024 stood at $9.3 million, up from $9.0 million in the prior quarter.
  • Across five years, Research & Development topped out at $12.6 billion in Q4 2021 and bottomed at -$35.8 billion in Q1 2023.
  • The 5-year median for Research & Development is $10.1 million (2021), against an average of -$1.4 billion.
  • The widest annual swing landed in 2022, when Research & Development tumbled 99.91%; it then soared 100.03% in 2023.
  • A 5-year view of Research & Development shows it stood at $7.0 million in 2020, then surged by 179306.33% to $12.6 billion in 2021, then sank by 99.91% to $12.0 million in 2022, then decreased by 16.54% to $10.0 million in 2023, then dropped by 7.23% to $9.3 million in 2024.
  • The last three Research & Development figures came in at $9.3 million (Q4 2024), $9.0 million (Q3 2024), and $9.4 million (Q2 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 66.94 Mn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 43.17 Mn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 21.68 Mn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 44.87 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn 50.16 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 10.14 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn -
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn -
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn -33.12 Mn
10 Maxeon Solar Technologies 13,137.80 -17.21 Mn - -

Historic Data

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DateValue
Dec 31, 2024 9.27 Mn
Sep 29, 2024 8.96 Mn
Jun 30, 2024 9.43 Mn
Mar 31, 2024 9.90 Mn
Dec 31, 2023 9.99 Mn
Oct 1, 2023 11.63 Mn
Jul 2, 2023 13.01 Mn
Apr 2, 2023 11.08 Mn
Jan 1, 2023 -35.78 Bn
Oct 2, 2022 11.97 Mn
Jul 3, 2022 12.42 Mn
Apr 3, 2022 13.89 Mn
Oct 3, 2021 12.63 Bn
Jul 4, 2021 10.17 Mn
Jan 3, 2021 8.76 Mn
Jun 28, 2020 7.04 Mn
Dec 29, 2019 11.58 Mn
Jun 30, 2019 9.84 Mn