Maxeon Solar Technologies (MAXNQ) Equity Income (2019 - 2023)
Maxeon Solar Technologies (MAXNQ) reported Equity Income of -$2.5 million for Q4 2023, up 31.41% on a YoY basis from -$1.9 million in Q4 2022, and down 429.36% quarter-over-quarter from $746000.0 in Q2 2023.
Maxeon Solar Technologies (MAXNQ) Equity Income (2019 - 2023) Analysis & Trends
Maxeon Solar Technologies has reported Equity Income for 5 years, with the latest figure at -$2.5 million in Q4 2023.
- For the quarter ending Q4 2023, Equity Income rose 31.41% year-over-year to -$2.5 million; the trailing twelve-month figure through Dec 2023 stood at -$5.3 million (changed N/A YoY), and the FY2023 full-year result was -$2.8 million, down 130.99% from the prior year.
- Equity Income for Q4 2023 stood at -$2.5 million, down from $746000.0 in the prior quarter.
- The five-year high for Equity Income was $6.4 million in Q1 2022, with the low at -$4.1 million in Q3 2022.
- Historically, Equity Income has averaged -$1.6 million across 5 years, with a median of -$2.1 million in 2021.
- Annual changes were most pronounced in 2021 — Equity Income plunged 1481.03% — and 2022, when it jumped 345.18%.
- Maxeon Solar Technologies' Equity Income stood at -$4.0 million in 2019, then surged by 98.55% to -$58000.0 in 2020, then sank by 1481.03% to -$917000.0 in 2021, then sank by 290.62% to -$3.6 million in 2022, then jumped by 31.41% to -$2.5 million in 2023.
- The last three Equity Income figures came in at -$2.5 million (Q4 2023), $746000.0 (Q2 2023), and -$3.6 million (Q4 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Income (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 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 | - |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | - |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | - |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | -7.90 Mn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | - |
| 10 | Maxeon Solar Technologies | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Oct 1, 2023 | -2.46 Mn |
| Apr 2, 2023 | 746,000.00 |
| Oct 2, 2022 | -3.58 Mn |
| Jul 3, 2022 | -4.14 Mn |
| Apr 3, 2022 | -3.06 Mn |
| Jan 2, 2022 | 6.40 Mn |
| Oct 3, 2021 | -917,000.00 |
| Jul 4, 2021 | -3.81 Mn |
| Apr 4, 2021 | -2.13 Mn |
| Jan 3, 2021 | -2.61 Mn |
| Sep 27, 2020 | -58,000.00 |
| Jun 28, 2020 | -889,000.00 |
| Mar 29, 2020 | -1.28 Mn |
| Dec 29, 2019 | -4.00 Mn |
| Jun 30, 2019 | -1.96 Mn |