Maxeon Solar Technologies (MAXNQ) Net Margin (2019 - 2024)

Maxeon Solar Technologies (MAXNQ) reported Net Margin of 231.76% for Q4 2024, down 16134.0% on a YoY basis from N/an in Q1 2024, and up 31.47% quarter-over-quarter from 338.2% in Q3 2024.

Maxeon Solar Technologies (MAXNQ) Net Margin (2019 - 2024) Analysis & Trends

Maxeon Solar Technologies has reported Net Margin for 6 years, with the latest figure at 231.76% in Q4 2024.

  • For the quarter ending Q4 2024, Net Margin fell 16134.0% year-over-year to 231.76%; the trailing twelve-month figure through Dec 2024 stood at 94.51% (down 7746.0% YoY), and the FY2024 full-year result was 114.75%, down 8983.0% from the prior year.
  • Net Margin for Q4 2024 stood at 231.76%, up from 338.2% in the prior quarter.
  • The five-year high for Net Margin was 6.37% in Q2 2023, with the low at 338.2% in Q3 2024.
  • Historically, Net Margin has averaged 49.25% across 5 years, with a median of 21.62% in 2023.
  • Annual changes were most pronounced in 2023 — Net Margin jumped 3287 bps — and 2024, when it plunged 31658 bps.
  • Maxeon Solar Technologies' Net Margin stood at 16.81% in 2020, then tumbled by 33 bps to 22.3% in 2021, then grew by 26 bps to 16.6% in 2022, then tumbled by 324 bps to 70.43% in 2023, then plunged by 229 bps to 231.76% in 2024.
  • The last three Net Margin figures came in at 231.76% (Q4 2024), 338.2% (Q3 2024), and 6.33% (Q2 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 33.19%
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 17.10%
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn -2.63%
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn -18.48%
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn -41.17%
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn -0.21%
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn -6.06%
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn -3.78%
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn -6.95%
10 Maxeon Solar Technologies - - - -

Historic Data

Download Data
DateValue
Dec 31, 2024 -231.76%
Sep 29, 2024 -338.20%
Jun 30, 2024 6.33%
Mar 31, 2024 -42.76%
Dec 31, 2023 -70.43%
Oct 1, 2023 -21.62%
Jul 2, 2023 -0.43%
Apr 2, 2023 6.37%
Jan 1, 2023 1.37%
Oct 2, 2022 -16.60%
Jul 3, 2022 -31.12%
Apr 3, 2022 -26.50%
Jan 2, 2022 -23.70%
Oct 3, 2021 -22.30%
Jan 3, 2021 3.63%
Jun 28, 2020 -16.81%
Mar 29, 2020 -12.79%
Dec 29, 2019 -7.14%
Jun 30, 2019 -8.16%