Maxeon Solar Technologies (MAXNQ) Change in Accured Expenses (2020 - 2024)
Maxeon Solar Technologies (MAXNQ) reported Change in Accured Expenses of $39.5 million for Q4 2024, up 2708.32% on a YoY basis from $1.4 million in Q1 2024, and up 3475.84% quarter-over-quarter from $1.1 million in Q3 2024.
Maxeon Solar Technologies (MAXNQ) Change in Accured Expenses (2020 - 2024) Analysis & Trends
Maxeon Solar Technologies has reported Change in Accured Expenses for 5 years, with the latest figure at $39.5 million in Q4 2024.
- For the quarter ending Q4 2024, Change in Accured Expenses rose 2708.32% year-over-year to $39.5 million; the trailing twelve-month figure through Dec 2024 stood at $7.6 million (up 255.64% YoY), and the FY2024 full-year result was $7.6 million, up 255.64% from the prior year.
- Change in Accured Expenses for Q4 2024 stood at $39.5 million, up from $1.1 million in the prior quarter.
- The five-year high for Change in Accured Expenses was $39.5 million in Q4 2024, with the low at -$161.7 million in Q1 2021.
- Historically, Change in Accured Expenses has averaged -$3.1 million across 5 years, with a median of $6.2 million in 2020.
- Annual changes were most pronounced in 2023 — Change in Accured Expenses tumbled 274.88% — and 2024, when it surged 2708.32%.
- Maxeon Solar Technologies' Change in Accured Expenses stood at $6.2 million in 2020, then soared by 100.55% to $12.4 million in 2021, then slipped by 11.03% to $11.0 million in 2022, then sank by 87.26% to $1.4 million in 2023, then surged by 2708.32% to $39.5 million in 2024.
- The last three Change in Accured Expenses figures came in at $39.5 million (Q4 2024), $1.1 million (Q3 2024), and -$9.7 million (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | -32.03 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | -118.13 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 9.63 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | -16.11 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 2.51 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | - |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | - |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | -847,000.00 |
| 10 | Maxeon Solar Technologies | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 39.51 Mn |
| Dec 31, 2024 | 39.51 Mn |
| Sep 29, 2024 | 1.11 Mn |
| Sep 29, 2024 | 1.11 Mn |
| Jun 30, 2024 | -9.70 Mn |
| Jun 30, 2024 | -9.70 Mn |
| Mar 31, 2024 | -23.32 Mn |
| Mar 31, 2024 | -23.32 Mn |
| Dec 31, 2023 | 1.41 Mn |
| Dec 31, 2023 | 1.41 Mn |
| Oct 1, 2023 | 14.24 Mn |
| Oct 1, 2023 | 14.24 Mn |
| Jul 2, 2023 | 5.81 Mn |
| Jul 2, 2023 | 5.81 Mn |
| Apr 2, 2023 | -19.31 Mn |
| Apr 2, 2023 | -19.31 Mn |
| Jan 1, 2023 | 39.26 Mn |
| Jan 1, 2023 | 39.26 Mn |
| Apr 3, 2022 | 11.04 Mn |
| Apr 3, 2022 | 11.04 Mn |