Maxeon Solar Technologies MAXNQ
OTC MAXNQ
$0.02 +0.00 (+0.00%)
At close: Aug 19, 2026 · 4:00 PM EDT

Maxeon Solar Technologies, Ltd. (MAXNQ) Gross Profit (2019 - 2024)

Maxeon Solar Technologies' (MAXNQ) quarterly Gross Profit came in at -$47.7 million in Q4 2024, down 38.29% YoY from -$77.2 million in Q1 2024, and up 73.39% on a QoQ basis from -$179.1 million in Q3 2024.

Maxeon Solar Technologies, Ltd. (MAXNQ) Gross Profit (2019 - 2024) Analysis & Trends

Maxeon Solar Technologies (MAXNQ) has 6 years of Gross Profit data on file, last reported at -$47.7 million in Q4 2024.

  • Quarterly Gross Profit fell 38.29% year-over-year to -$47.7 million in Q4 2024, while the trailing twelve-month figure through Dec 2024 was -$249.4 million (down 419.29% YoY) and the FY2024 annual result came in at -$249.4 million, down 419.29% from the prior year.
  • Gross Profit climbed to -$47.7 million in Q4 2024, from -$179.1 million in the prior quarter.
  • In the past five years, Gross Profit ranged from a high of $56.2 million in Q3 2023 to a low of -$179.1 million in Q3 2024.
  • A 5-year average of -$12.9 million and a median of -$9.3 million in 2020 frame the typical range for Gross Profit.
  • Annual changes were most pronounced in 2023 — Gross Profit soared 513.65% — and 2024, when it tumbled 6665.29%.
  • Tracing MAXNQ's Gross Profit over 5 years: stood at -$12.3 million in 2020, then sank by 35.82% to -$16.7 million in 2021, then grew by 5.75% to -$15.7 million in 2022, then sank by 118.84% to -$34.5 million in 2023, then plunged by 38.29% to -$47.7 million in 2024.
  • The last three Gross Profit figures came in at -$47.7 million (Q4 2024), -$179.1 million (Q3 2024), and -$7.8 million (Q2 2024), per Business Quant data.

Peer Comparison

Historic Data

Download Data
DateValue
Dec 31, 2024 -47.66 Mn
Dec 31, 2024 -47.66 Mn
Sep 29, 2024 -179.10 Mn
Sep 29, 2024 -179.10 Mn
Jun 30, 2024 -7.79 Mn
Jun 30, 2024 -7.79 Mn
Mar 31, 2024 -14.87 Mn
Mar 31, 2024 -14.87 Mn
Dec 31, 2023 -34.46 Mn
Dec 31, 2023 -34.46 Mn
Oct 1, 2023 2.73 Mn
Oct 1, 2023 2.73 Mn
Jul 2, 2023 56.22 Mn
Jul 2, 2023 56.22 Mn
Apr 2, 2023 53.63 Mn
Apr 2, 2023 53.63 Mn
Jan 1, 2023 20.09 Mn
Jan 1, 2023 20.09 Mn
Oct 2, 2022 -15.75 Mn
Oct 2, 2022 -15.75 Mn