Maxeon Solar Technologies (MAXNQ) Net Income - Minority (2019 - 2024)
Maxeon Solar Technologies (MAXNQ) reported Net Income - Minority of -$5.5 million for Q4 2024, up 4.76% on a YoY basis from -$5.2 million in Q1 2024, and up 4.76% quarter-over-quarter from -$5.8 million in Q4 2023.
Maxeon Solar Technologies (MAXNQ) Net Income - Minority (2019 - 2024) Analysis & Trends
Maxeon Solar Technologies has reported Net Income - Minority for 5 years, with the latest figure at -$5.5 million in Q4 2024.
- For the quarter ending Q4 2024, Net Income - Minority rose 4.76% year-over-year to -$5.5 million; the trailing twelve-month figure through Dec 2024 stood at -$5.5 million (up 4.76% YoY), and the FY2024 full-year result was -$5.5 million, up 4.76% from the prior year.
- Net Income - Minority for Q4 2024 stood at -$5.5 million, up from -$5.8 million in the prior quarter.
- The five-year high for Net Income - Minority was -$5.4 million in Q1 2022, with the low at -$6.6 million in Q1 2021.
- Historically, Net Income - Minority has averaged -$5.8 million across 4 years, with a median of -$5.6 million in 2023.
- Annual changes were most pronounced in 2021 — Net Income - Minority slipped 25.28% — and 2022, when it rose 18.45%.
- Maxeon Solar Technologies' Net Income - Minority stood at -$6.6 million in 2021, then climbed by 18.45% to -$5.4 million in 2022, then slipped by 6.13% to -$5.8 million in 2023, then climbed by 4.76% to -$5.5 million in 2024.
- The last three Net Income - Minority figures came in at -$5.5 million (Q4 2024), -$5.8 million (Q4 2023), and -$5.6 million (Q1 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income - Minority (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 | - |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | - |
| 10 | Maxeon Solar Technologies | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -5.48 Mn |
| Dec 31, 2023 | -5.75 Mn |
| Jan 1, 2023 | -5.63 Mn |
| Jan 2, 2022 | -5.42 Mn |
| Jan 3, 2021 | -6.65 Mn |
| Dec 29, 2019 | -5.30 Mn |