Maxeon Solar Technologies, Ltd. (MAXNQ) Research & Development (2019 - 2024)

Maxeon Solar Technologies (MAXNQ) has reported Research & Development for 6 consecutive years, with $9.3 million the latest figure, recorded in Q4 2024.

• For the quarter ending Q4 2024, Research & Development fell 7.23% year-over-year to $9.3 million; the trailing twelve-month figure through Dec 2024 stood at $37.6 million (down 17.43% YoY), and the FY2024 full-year result was $37.6 million, down 17.84% from the prior year.
• Research & Development grew to $9.3 million in Q4 2024 per MAXNQ's latest filing, from $9.0 million in the prior quarter.
• Across five years, Research & Development topped out at $13.9 million in Q2 2022 and bottomed at $7.0 million in Q2 2020.
• Historically, Research & Development has averaged $10.7 million across 5 years, with a median of $10.4 million in 2021.
• The sharpest annual moves came in 2020 and 2021: Research & Development declined 28.45% in 2020, then surged 52.04% in 2021.
• Over 5 years, Research & Development stood at $7.0 million in 2020, then surged by 79.41% to $12.6 million in 2021, then fell by 5.26% to $12.0 million in 2022, then slipped by 16.54% to $10.0 million in 2023, then declined by 7.23% to $9.3 million in 2024.
• According to Business Quant data, Research & Development over the past three periods registered $9.3 million, $9.0 million, and $9.4 million for Q4 2024, Q3 2024, and Q2 2024 respectively.