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
Download Data| Date | Value |
|---|---|
| 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 |