Growth Metrics

Maxeon Solar Technologies (MAXN) Revenue (2019 - 2024)

Maxeon Solar Technologies posted quarterly Revenue of $48.8 million for Q4 2024, down 78.66% year-on-year from $228.8 million in Q1 2024, and down 44.88% on a QoQ basis from $88.6 million in Q3 2024.

Maxeon Solar Technologies (MAXN) has 6 years of Revenue data on file, last reported at $48.8 million in Q4 2024.

  • For the quarter ending Q4 2024, Revenue fell 78.66% year-over-year to $48.8 million; the trailing twelve-month figure through Dec 2024 stood at $509.0 million (down 54.68% YoY), and the FY2024 full-year result was $509.0 million, down 54.68% from the prior year.
  • Revenue for Q4 2024 stood at $48.8 million, down from $88.6 million in the prior quarter.
  • Across five years, Revenue topped out at $348.4 million in Q3 2023 and bottomed at $48.8 million in Q4 2024.
  • The 5-year median for Revenue is $225.4 million (2022), against an average of $211.8 million.
  • The widest annual swing landed in 2023, when Revenue soared 42.7%; it then slumped 78.66% in 2024.
  • A 5-year view of Revenue shows it stood at $165.0 million in 2020, then soared by 48.82% to $245.6 million in 2021, then grew by 12.17% to $275.4 million in 2022, then dropped by 16.94% to $228.8 million in 2023, then plunged by 78.66% to $48.8 million in 2024.
  • The last three Revenue figures came in at $48.8 million (Q4 2024), $88.6 million (Q3 2024), and $184.2 million (Q2 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 1.04 Bn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 880.52 Mn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 1.22 Bn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 282.90 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn 310.50 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 722.23 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 140.56 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn 223.41 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn 1.78 Bn
10 Maxeon Solar Technologies 13,137.80 -17.21 Mn - -

Historic Data

Download Data 🔒
DateValue
Dec 31, 2024 48.81 Mn
Sep 29, 2024 88.56 Mn
Jun 30, 2024 184.22 Mn
Mar 31, 2024 187.46 Mn
Dec 31, 2023 228.78 Mn
Oct 1, 2023 227.63 Mn
Jul 2, 2023 348.37 Mn
Apr 2, 2023 318.33 Mn
Oct 2, 2022 275.45 Mn
Apr 3, 2022 223.08 Mn
Jan 3, 2021 245.56 Mn
Jun 28, 2020 165.01 Mn
Dec 29, 2019 368.13 Mn
Jun 30, 2019 291.46 Mn