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| Date | Value |
|---|---|
| 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% |