Maxeon Solar Technologies (MAXNQ) Cost of Revenue (2019 - 2024)

Maxeon Solar Technologies (MAXNQ) reported Cost of Revenue of $96.5 million for Q4 2024, down 63.35% on a YoY basis from $263.2 million in Q1 2024, and down 63.96% quarter-over-quarter from $267.7 million in Q3 2024.

Maxeon Solar Technologies (MAXNQ) Cost of Revenue (2019 - 2024) Analysis & Trends

Maxeon Solar Technologies has reported Cost of Revenue for 6 years, with the latest figure at $96.5 million in Q4 2024.

  • For the quarter ending Q4 2024, Cost of Revenue fell 63.35% year-over-year to $96.5 million; the trailing twelve-month figure through Dec 2024 stood at $758.5 million (down 27.42% YoY), and the FY2024 full-year result was $758.5 million, down 27.42% from the prior year.
  • Cost of Revenue for Q4 2024 stood at $96.5 million, down from $267.7 million in the prior quarter.
  • The five-year high for Cost of Revenue was $303.4 million in Q1 2023, with the low at $96.5 million in Q4 2024.
  • Historically, Cost of Revenue has averaged $228.9 million across 5 years, with a median of $234.0 million in 2022.
  • Annual changes were most pronounced in 2022 — Cost of Revenue soared 55.23% — and 2024, when it sank 63.35%.
  • Maxeon Solar Technologies' Cost of Revenue stood at $218.9 million in 2020, then advanced by 8.35% to $237.2 million in 2021, then gained by 22.77% to $291.2 million in 2022, then retreated by 9.6% to $263.2 million in 2023, then slumped by 63.35% to $96.5 million in 2024.
  • The last three Cost of Revenue figures came in at $96.5 million (Q4 2024), $267.7 million (Q3 2024), and $192.0 million (Q2 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 558.11 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 583.14 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 48.09 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn 242.22 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 178.53 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 99.55 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 160.41 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn 1.63 Bn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn 14.40 Mn
10 Maxeon Solar Technologies - - - -

Historic Data

Download Data
DateValue
Dec 31, 2024 96.47 Mn
Dec 31, 2024 96.47 Mn
Sep 29, 2024 267.66 Mn
Sep 29, 2024 267.66 Mn
Jun 30, 2024 192.00 Mn
Jun 30, 2024 192.00 Mn
Mar 31, 2024 202.33 Mn
Mar 31, 2024 202.33 Mn
Dec 31, 2023 263.24 Mn
Dec 31, 2023 263.24 Mn
Oct 1, 2023 224.90 Mn
Oct 1, 2023 224.90 Mn
Jul 2, 2023 292.15 Mn
Jul 2, 2023 292.15 Mn
Apr 2, 2023 264.71 Mn
Apr 2, 2023 264.71 Mn
Jan 1, 2023 303.42 Mn
Jan 1, 2023 303.42 Mn
Oct 2, 2022 291.20 Mn
Oct 2, 2022 291.20 Mn