Maxeon Solar Technologies (MAXNQ) Consolidated Net Income (2019 - 2024)
Maxeon Solar Technologies (MAXNQ) reported Consolidated Net Income of -$107.7 million for Q4 2024, up 30.71% on a YoY basis from -$82.4 million in Q1 2024, and up 64.06% quarter-over-quarter from -$299.5 million in Q3 2024.
Maxeon Solar Technologies (MAXNQ) Consolidated Net Income (2019 - 2024) Analysis & Trends
Maxeon Solar Technologies has reported Consolidated Net Income for 6 years, with the latest figure at -$107.7 million in Q4 2024.
- For the quarter ending Q4 2024, Consolidated Net Income rose 30.71% year-over-year to -$107.7 million; the trailing twelve-month figure through Jun 2025 stood at -$467.9 million (down 46.36% YoY), and the FY2024 full-year result was -$578.7 million, down 111.08% from the prior year.
- Consolidated Net Income for Q4 2024 stood at -$107.7 million, up from -$299.5 million in the prior quarter.
- The five-year high for Consolidated Net Income was $33.1 million in Q2 2023, with the low at -$299.5 million in Q3 2024.
- Historically, Consolidated Net Income has averaged -$53.8 million across 5 years, with a median of -$46.4 million in 2022.
- Annual changes were most pronounced in 2021 — Consolidated Net Income jumped 174.23% — and 2023, when it sank 1641.49%.
- Maxeon Solar Technologies' Consolidated Net Income stood at -$34.1 million in 2020, then tumbled by 44.12% to -$49.2 million in 2021, then advanced by 7.02% to -$45.7 million in 2022, then sank by 239.8% to -$155.4 million in 2023, then surged by 30.71% to -$107.7 million in 2024.
- The last three Consolidated Net Income figures came in at -$107.7 million (Q4 2024), -$299.5 million (Q3 2024), and -$60.7 million (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 346.62 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 150.60 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | -7.45 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | -57.37 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | -297.33 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | -297,000.00 |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 2.03 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | -228.75 Mn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | -1.75 Mn |
| 10 | Maxeon Solar Technologies | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -107.65 Mn |
| Sep 29, 2024 | -299.51 Mn |
| Jun 30, 2024 | -60.72 Mn |
| Mar 31, 2024 | -54.38 Mn |
| Dec 31, 2023 | -155.37 Mn |
| Oct 1, 2023 | -49.22 Mn |
| Jul 2, 2023 | 29.33 Mn |
| Apr 2, 2023 | 33.13 Mn |
| Jan 1, 2023 | 10.08 Mn |
| Oct 2, 2022 | -45.72 Mn |
| Jul 3, 2022 | -74.09 Mn |
| Apr 3, 2022 | -54.49 Mn |
| Jan 2, 2022 | -47.08 Mn |
| Oct 3, 2021 | -49.17 Mn |
| Jul 4, 2021 | -42.10 Mn |
| Apr 4, 2021 | -33.89 Mn |
| Jan 3, 2021 | 15.56 Mn |
| Sep 27, 2020 | -34.12 Mn |
| Jun 28, 2020 | -27.75 Mn |
| Mar 29, 2020 | -29.11 Mn |