Maxeon Solar Technologies (MAXNQ) Interest Expenses (2019 - 2024)

Maxeon Solar Technologies (MAXNQ) reported Interest Expenses of -$9.1 million for Q4 2024, up 10.28% on a YoY basis from -$8.2 million in Q1 2024, and up 25.53% quarter-over-quarter from -$12.2 million in Q3 2024.

Maxeon Solar Technologies (MAXNQ) Interest Expenses (2019 - 2024) Analysis & Trends

Maxeon Solar Technologies has reported Interest Expenses for 6 years, with the latest figure at -$9.1 million in Q4 2024.

  • For the quarter ending Q4 2024, Interest Expenses rose 10.28% year-over-year to -$9.1 million; the trailing twelve-month figure through Jun 2025 stood at -$31.9 million (up 21.81% YoY), and the FY2024 full-year result was -$45.4 million, down 6.9% from the prior year.
  • Interest Expenses for Q4 2024 stood at -$9.1 million, up from -$12.2 million in the prior quarter.
  • The five-year high for Interest Expenses was -$6.3 million in Q2 2020, with the low at -$12.2 million in Q3 2024.
  • Historically, Interest Expenses has averaged -$9.7 million across 5 years, with a median of -$10.1 million in 2023.
  • Annual changes were most pronounced in 2021 — Interest Expenses dropped 19.83% — and 2024, when it grew 11.56%.
  • Maxeon Solar Technologies' Interest Expenses stood at -$6.3 million in 2020, then slipped by 28.63% to -$8.1 million in 2021, then decreased by 8.54% to -$8.8 million in 2022, then slipped by 14.51% to -$10.1 million in 2023, then grew by 10.28% to -$9.1 million in 2024.
  • The last three Interest Expenses figures came in at -$9.1 million (Q4 2024), -$12.2 million (Q3 2024), and -$10.6 million (Q2 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 7.62 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn -
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 633,000.00
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 2.90 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 5.56 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 1,000.00
10 Maxeon Solar Technologies - - - -

Historic Data

Download Data
DateValue
Dec 31, 2024 -9.06 Mn
Dec 31, 2024 -9.06 Mn
Sep 29, 2024 -12.17 Mn
Sep 29, 2024 -12.17 Mn
Jun 30, 2024 -10.62 Mn
Jun 30, 2024 -10.62 Mn
Mar 31, 2024 -9.55 Mn
Mar 31, 2024 -9.55 Mn
Dec 31, 2023 -10.10 Mn
Dec 31, 2023 -10.10 Mn
Oct 1, 2023 -10.46 Mn
Oct 1, 2023 -10.46 Mn
Jul 2, 2023 -11.07 Mn
Jul 2, 2023 -11.07 Mn
Apr 2, 2023 -10.80 Mn
Apr 2, 2023 -10.80 Mn
Oct 2, 2022 -8.82 Mn
Oct 2, 2022 -8.82 Mn
Jan 3, 2021 -8.13 Mn
Jan 3, 2021 -8.13 Mn