Maxeon Solar Technologies (MAXN) Work In Process (2019 - 2024)
Maxeon Solar Technologies posted quarterly Work In Process of $5.4 million for Q4 2024, down 93.3% year-on-year from $80.2 million in Q1 2024, and down 93.3% on a QoQ basis from $80.2 million in Q4 2023.
Maxeon Solar Technologies (MAXN) has 5 years of Work In Process data on file, last reported at $5.4 million in Q4 2024.
- For the quarter ending Q4 2024, Work In Process fell 93.3% year-over-year to $5.4 million; the trailing twelve-month figure through Dec 2024 stood at $5.4 million (down 93.3% YoY), and the FY2024 full-year result was $5.4 million, down 93.3% from the prior year.
- Work In Process for Q4 2024 stood at $5.4 million, down from $80.2 million in the prior quarter.
- Across five years, Work In Process topped out at $80.2 million in Q4 2023 and bottomed at $5.4 million in Q4 2024.
- The 4-year median for Work In Process is $61.1 million (2021), against an average of $54.3 million.
- The widest annual swing landed in 2023, when Work In Process surged 59.99%; it then slumped 93.3% in 2024.
- A 4-year view of Work In Process shows it stood at $61.1 million in 2021, then retreated by 21.46% to $48.0 million in 2022, then surged by 67.29% to $80.2 million in 2023, then plunged by 93.3% to $5.4 million in 2024.
- The last three Work In Process figures came in at $5.4 million (Q4 2024), $80.2 million (Q4 2023), and $76.7 million (Q1 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 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 |
| 10 | Maxeon Solar Technologies | 13,137.80 | -17.21 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 5.38 Mn |
| Dec 31, 2023 | 80.22 Mn |
| Jan 1, 2023 | 76.72 Mn |
| Jan 2, 2022 | 47.95 Mn |
| Jan 3, 2021 | 61.06 Mn |
| Dec 29, 2019 | 62.05 Mn |