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
DateValue
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