Maxeon Solar Technologies (MAXNQ) Depreciation and Depletion (2019 - 2024)

Maxeon Solar Technologies (MAXNQ) reported Depreciation and Depletion of $5.5 million for Q4 2024, down 65.09% quarter-over-quarter from $15.9 million in Q3 2024.

Maxeon Solar Technologies (MAXNQ) Depreciation and Depletion (2019 - 2024) Analysis & Trends

Maxeon Solar Technologies has reported Depreciation and Depletion for 6 years, with the latest figure at $5.5 million in Q4 2024.

  • For the quarter ending Q4 2024, Depreciation and Depletion changed N/A year-over-year to $5.5 million; the trailing twelve-month figure through Dec 2024 stood at $42.1 million (changed N/A YoY), and the FY2024 full-year result was $42.1 million, down 24.42% from the prior year.
  • Depreciation and Depletion for Q4 2024 stood at $5.5 million, down from $15.9 million in the prior quarter.
  • The five-year high for Depreciation and Depletion was $15.9 million in Q3 2024, with the low at $5.5 million in Q4 2024.
  • Historically, Depreciation and Depletion has averaged $11.7 million across 5 years, with a median of $11.8 million in 2020.
  • Annual changes were most pronounced in 2022 — Depreciation and Depletion surged 58.09% — and 2024, when it dropped 28.93%.
  • Maxeon Solar Technologies' Depreciation and Depletion stood at $9.2 million in 2020, then gained by 19.79% to $11.0 million in 2021, then grew by 25.88% to $13.8 million in 2022, then grew by 4.69% to $14.5 million in 2023, then sank by 61.74% to $5.5 million in 2024.
  • The last three Depreciation and Depletion figures came in at $5.5 million (Q4 2024), $15.9 million (Q3 2024), and $10.3 million (Q2 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Depreciation and Depletion (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 143.80 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn -
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn -
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn -
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 181.10 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 2.20 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 2.40 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 300,000.00
10 Maxeon Solar Technologies - - - -

Historic Data

Download Data
DateValue
Dec 31, 2024 5.55 Mn
Dec 31, 2024 5.55 Mn
Sep 29, 2024 15.89 Mn
Sep 29, 2024 15.89 Mn
Jun 30, 2024 10.34 Mn
Jun 30, 2024 10.34 Mn
Mar 31, 2024 10.33 Mn
Mar 31, 2024 10.33 Mn
Oct 1, 2023 14.50 Mn
Oct 1, 2023 14.50 Mn
Jul 2, 2023 14.55 Mn
Jul 2, 2023 14.55 Mn
Jan 1, 2023 14.42 Mn
Jan 1, 2023 14.42 Mn
Oct 2, 2022 13.85 Mn
Oct 2, 2022 13.85 Mn
Jul 3, 2022 15.31 Mn
Jul 3, 2022 15.31 Mn
Apr 3, 2022 12.90 Mn
Apr 3, 2022 12.90 Mn