Maxeon Solar Technologies (MAXNQ) Net Income towards Common Stockholders (2019 - 2024)
Maxeon Solar Technologies (MAXNQ) reported Net Income towards Common Stockholders of -$113.1 million for Q4 2024, up 29.78% on a YoY basis from -$87.2 million in Q1 2024, and up 62.23% quarter-over-quarter from -$299.5 million in Q3 2024.
Maxeon Solar Technologies (MAXNQ) Net Income towards Common Stockholders (2019 - 2024) Analysis & Trends
Maxeon Solar Technologies has reported Net Income towards Common Stockholders for 6 years, with the latest figure at -$113.1 million in Q4 2024.
- For the quarter ending Q4 2024, Net Income towards Common Stockholders rose 29.78% year-over-year to -$113.1 million; the trailing twelve-month figure through Jun 2025 stood at -$401.0 million (down 43.81% YoY), and the FY2024 full-year result was -$584.1 million, down 108.7% from the prior year.
- Net Income towards Common Stockholders for Q4 2024 stood at -$113.1 million, up from -$299.5 million in the prior quarter.
- The five-year high for Net Income towards Common Stockholders was $20.3 million in Q2 2023, with the low at -$299.5 million in Q3 2024.
- Historically, Net Income towards Common Stockholders has averaged -$55.3 million across 5 years, with a median of -$43.9 million in 2021.
- Annual changes were most pronounced in 2023 — Net Income towards Common Stockholders slumped 3723.89% — and 2024, when it soared 872.96%.
- Maxeon Solar Technologies' Net Income towards Common Stockholders stood at -$34.1 million in 2020, then tumbled by 44.12% to -$49.2 million in 2021, then advanced by 7.02% to -$45.7 million in 2022, then tumbled by 252.38% to -$161.1 million in 2023, then rose by 29.78% to -$113.1 million in 2024.
- The last three Net Income towards Common Stockholders figures came in at -$113.1 million (Q4 2024), -$299.5 million (Q3 2024), and $11.7 million (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 346.62 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 150.60 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | -7.45 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | -57.37 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | -297.33 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | -297,000.00 |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | -13.54 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | -67.19 Mn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | -1.75 Mn |
| 10 | Maxeon Solar Technologies | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -113.13 Mn |
| Sep 29, 2024 | -299.51 Mn |
| Jun 30, 2024 | 11.66 Mn |
| Mar 31, 2024 | -80.15 Mn |
| Dec 31, 2023 | -161.12 Mn |
| Oct 1, 2023 | -49.22 Mn |
| Jul 2, 2023 | -1.51 Mn |
| Apr 2, 2023 | 20.27 Mn |
| Jan 1, 2023 | 4.45 Mn |
| Oct 2, 2022 | -45.72 Mn |
| Jul 3, 2022 | -74.09 Mn |
| Apr 3, 2022 | -59.11 Mn |
| Jan 2, 2022 | -52.50 Mn |
| Oct 3, 2021 | -49.17 Mn |
| Jul 4, 2021 | -42.10 Mn |
| Apr 4, 2021 | -33.89 Mn |
| Jan 3, 2021 | 8.92 Mn |
| Sep 27, 2020 | -34.12 Mn |
| Jun 28, 2020 | -27.75 Mn |
| Mar 29, 2020 | -29.11 Mn |