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| Date | Value |
|---|---|
| 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 |