Maxeon Solar Technologies (MAXNQ) Profit After Tax (2019 - 2024)
Maxeon Solar Technologies (MAXNQ) reported Profit After Tax of -$106.0 million for Q4 2024, up 43.13% on a YoY basis from -$74.0 million in Q1 2024, and up 73.1% quarter-over-quarter from -$393.9 million in Q3 2024.
Maxeon Solar Technologies (MAXNQ) Profit After Tax (2019 - 2024) Analysis & Trends
Maxeon Solar Technologies has reported Profit After Tax for 6 years, with the latest figure at -$106.0 million in Q4 2024.
- For the quarter ending Q4 2024, Profit After Tax rose 43.13% year-over-year to -$106.0 million; the trailing twelve-month figure through Dec 2024 stood at -$569.0 million (down 106.36% YoY), and the FY2024 full-year result was -$614.6 million, down 122.91% from the prior year.
- Profit After Tax for Q4 2024 stood at -$106.0 million, up from -$393.9 million in the prior quarter.
- The five-year high for Profit After Tax was $20.4 million in Q2 2023, with the low at -$393.9 million in Q3 2024.
- Historically, Profit After Tax has averaged -$75.5 million across 5 years, with a median of -$66.9 million in 2020.
- Annual changes were most pronounced in 2022 — Profit After Tax sank 2217.81% — and 2024, when it jumped 858.73%.
- Maxeon Solar Technologies' Profit After Tax stood at -$67.8 million in 2020, then gained by 2.57% to -$66.0 million in 2021, then jumped by 32.3% to -$44.7 million in 2022, then sank by 316.94% to -$186.3 million in 2023, then jumped by 43.13% to -$106.0 million in 2024.
- The last three Profit After Tax figures came in at -$106.0 million (Q4 2024), -$393.9 million (Q3 2024), and $11.1 million (Q2 2024), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (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 | -7.41 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 | 2.00 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | -127.64 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 | -105.98 Mn |
| Sep 29, 2024 | -393.94 Mn |
| Jun 30, 2024 | 11.09 Mn |
| Mar 31, 2024 | -80.20 Mn |
| Dec 31, 2023 | -186.33 Mn |
| Oct 1, 2023 | -108.38 Mn |
| Jul 2, 2023 | -1.46 Mn |
| Apr 2, 2023 | 20.42 Mn |
| Jan 1, 2023 | -75.71 Mn |
| Oct 2, 2022 | -44.69 Mn |
| Jul 3, 2022 | -87.77 Mn |
| Apr 3, 2022 | -59.20 Mn |
| Jan 2, 2022 | -73.59 Mn |
| Oct 3, 2021 | -66.01 Mn |
| Jul 4, 2021 | -77.42 Mn |
| Apr 4, 2021 | -38.72 Mn |
| Jan 3, 2021 | 3.48 Mn |
| Sep 27, 2020 | -67.76 Mn |
| Jun 28, 2020 | -46.59 Mn |
| Mar 29, 2020 | -31.75 Mn |