Growth Metrics

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 🔒
DateValue
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