Maxeon Solar Technologies (MAXNQ) Payables (2019 - 2025)

Maxeon Solar Technologies (MAXNQ) reported Payables of $47.5 million for Q2 2025, down 67.28% on a YoY basis from $145.1 million in Q2 2024, and down 24.64% quarter-over-quarter from $63.0 million in Q4 2024.

Maxeon Solar Technologies (MAXNQ) Payables (2019 - 2025) Analysis & Trends

Maxeon Solar Technologies has reported Payables for 7 years, with the latest figure at $47.5 million in Q2 2025.

  • For the quarter ending Q2 2025, Payables fell 67.28% year-over-year to $47.5 million; the trailing twelve-month figure through Jun 2025 stood at $47.5 million (down 67.28% YoY), and the FY2024 full-year result was $63.0 million, down 64.69% from the prior year.
  • Payables for Q2 2025 stood at $47.5 million, down from $63.0 million in the prior quarter.
  • The five-year high for Payables was $298.4 million in Q1 2023, with the low at $47.5 million in Q2 2025.
  • Historically, Payables has averaged $197.9 million across 5 years, with a median of $205.3 million in 2021.
  • Annual changes were most pronounced in 2022 — Payables jumped 57.74% — and 2025, when it sank 67.28%.
  • Maxeon Solar Technologies' Payables stood at $254.6 million in 2021, then rose by 15.19% to $293.3 million in 2022, then plunged by 39.15% to $178.5 million in 2023, then sank by 64.69% to $63.0 million in 2024, then slipped by 24.64% to $47.5 million in 2025.
  • The last three Payables figures came in at $47.5 million (Q2 2025), $63.0 million (Q4 2024), and $116.2 million (Q3 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 306.83 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 533.49 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 113.46 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn 404.51 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 343.23 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 80.43 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 142.17 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn 3.45 Bn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn 14.09 Mn
10 Maxeon Solar Technologies - - - 47.48 Mn

Historic Data

Download Data
DateValue
Jun 30, 2025 47.48 Mn
Dec 31, 2024 63.01 Mn
Sep 29, 2024 116.16 Mn
Jun 30, 2024 145.11 Mn
Mar 31, 2024 154.33 Mn
Dec 31, 2023 178.45 Mn
Oct 1, 2023 180.93 Mn
Jul 2, 2023 211.91 Mn
Apr 2, 2023 214.35 Mn
Jan 1, 2023 298.40 Mn
Oct 2, 2022 293.28 Mn
Jul 3, 2022 267.60 Mn
Apr 3, 2022 259.99 Mn
Jan 2, 2022 295.83 Mn
Oct 3, 2021 254.61 Mn
Jul 4, 2021 169.65 Mn
Apr 4, 2021 202.91 Mn
Jan 3, 2021 207.61 Mn
Jun 28, 2020 222.39 Mn
Dec 29, 2019 346.85 Mn