Maxeon Solar Technologies (MAXNQ) Deferred Taxes (2020 - 2024)
Maxeon Solar Technologies (MAXNQ) reported Deferred Taxes of -$18.1 million for Q4 2024, down 721.22% on a YoY basis from $2.9 million in Q1 2024, and down 201.96% quarter-over-quarter from $17.7 million in Q3 2024.
Maxeon Solar Technologies (MAXNQ) Deferred Taxes (2020 - 2024) Analysis & Trends
Maxeon Solar Technologies has reported Deferred Taxes for 5 years, with the latest figure at -$18.1 million in Q4 2024.
- For the quarter ending Q4 2024, Deferred Taxes fell 721.22% year-over-year to -$18.1 million; the trailing twelve-month figure through Dec 2024 stood at $2.5 million (up 4.6% YoY), and the FY2024 full-year result was -$355000.0, down 114.57% from the prior year.
- Deferred Taxes for Q4 2024 stood at -$18.1 million, down from $17.7 million in the prior quarter.
- The five-year high for Deferred Taxes was $17.7 million in Q3 2024, with the low at -$18.1 million in Q4 2024.
- Historically, Deferred Taxes has averaged $629800.0 across 5 years, with a median of $91000.0 in 2022.
- The largest YoY upside for Deferred Taxes was 147741.67% in 2024 against a maximum downside of 721.22% in 2024.
- Maxeon Solar Technologies' Deferred Taxes stood at -$136000.0 in 2020, then surged by 986.03% to $1.2 million in 2021, then tumbled by 92.45% to $91000.0 in 2022, then soared by 3095.6% to $2.9 million in 2023, then plunged by 721.22% to -$18.1 million in 2024.
- The last three Deferred Taxes figures came in at -$18.1 million (Q4 2024), $17.7 million (Q3 2024), and $2.9 million (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | -15.71 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | -3.13 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | - |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 7.07 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | -89,000.00 |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | -1.60 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 | - |
| 10 | Maxeon Solar Technologies | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -18.07 Mn |
| Sep 29, 2024 | 17.72 Mn |
| Dec 31, 2023 | 2.91 Mn |
| Oct 1, 2023 | -12,000.00 |
| Jul 2, 2023 | -648,000.00 |
| Apr 2, 2023 | 188,000.00 |
| Jan 1, 2023 | 6.67 Mn |
| Apr 3, 2022 | 91,000.00 |
| Oct 3, 2021 | 1.21 Mn |
| Jul 4, 2021 | 1.64 Mn |
| Apr 4, 2021 | -919,000.00 |
| Jan 3, 2021 | -2.04 Mn |
| Sep 27, 2020 | -136,000.00 |
| Jun 28, 2020 | 40,000.00 |
| Mar 29, 2020 | 808,000.00 |