Maxeon Solar Technologies, Ltd. (MAXNQ) Non Operating Interest Expenses (2019 - 2024)

Maxeon Solar Technologies (MAXNQ) has reported Non Operating Interest Expenses for 6 consecutive years, with -$9.1 million the latest figure, recorded in Q4 2024.

• For the quarter ending Q4 2024, Non Operating Interest Expenses rose 10.28% year-over-year to -$9.1 million; the trailing twelve-month figure through Dec 2024 stood at $839000.0 (up 103.5% YoY), and the FY2024 full-year result was -$45.4 million, down 6.9% from the prior year.
• Non Operating Interest Expenses slipped to -$9.1 million in Q4 2024 per MAXNQ's latest filing, from $11.8 million in the prior quarter.
• Across five years, Non Operating Interest Expenses topped out at $11.8 million in Q3 2024 and bottomed at -$11.1 million in Q3 2023.
• Historically, Non Operating Interest Expenses has averaged -$4.3 million across 5 years, with a median of -$6.7 million in 2021.
• The widest YoY moves for Non Operating Interest Expenses: up 242.94% in 2023, down 208.53% in 2023.
• Over 5 years, Non Operating Interest Expenses stood at -$6.3 million in 2020, then dropped by 5.59% to -$6.7 million in 2021, then tumbled by 32.23% to -$8.8 million in 2022, then declined by 14.51% to -$10.1 million in 2023, then rose by 10.28% to -$9.1 million in 2024.
• According to Business Quant data, Non Operating Interest Expenses over the past three periods registered -$9.1 million, $11.8 million, and -$10.6 million for Q4 2024, Q3 2024, and Q2 2024 respectively.