Maxeon Solar Technologies, Ltd. (MAXNQ) Construction in Progress (2019 - 2023)

Maxeon Solar Technologies (MAXNQ) has reported Construction in Progress for 4 consecutive years, with $17.4 million the latest figure, recorded in Q2 2023.

• For the quarter ending Q2 2023, Construction in Progress changed N/A year-over-year to $17.4 million; the trailing twelve-month figure through Apr 2023 stood at $17.4 million (changed N/A YoY), and the FY2021 full-year result was $24.6 million, up 97.01% from the prior year.
• Construction in Progress climbed to $17.4 million in Q2 2023 per MAXNQ's latest filing, from $15.8 million in the prior quarter.
• Across five years, Construction in Progress topped out at $24.6 million in Q1 2021 and bottomed at $12.5 million in Q4 2019.
• Historically, Construction in Progress has averaged $16.9 million across 4 years, with a median of $15.8 million in 2023.
• The widest YoY moves for Construction in Progress: up 97.01% in 2021, down 97.01% in 2021.
• Over 4 years, Construction in Progress stood at $12.5 million in 2019, then rose by 13.87% to $14.2 million in 2020, then jumped by 73.01% to $24.6 million in 2021, then dropped by 29.31% to $17.4 million in 2023.
• According to Business Quant data, Construction in Progress over the past three periods registered $17.4 million, $15.8 million, and $24.6 million for Q2 2023, Q1 2023, and Q1 2021 respectively.