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| Date | Value |
|---|---|
| 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 |