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

Maxeon Solar Technologies (MAXNQ) reported Research & Development of $9.3 million for Q4 2024, down 7.23% on a YoY basis from $10.0 million in Q1 2024, and up 3.39% quarter-over-quarter from $9.0 million in Q3 2024.

Maxeon Solar Technologies (MAXNQ) Research & Development (2019 - 2024) Analysis & Trends

Maxeon Solar Technologies has reported Research & Development for 6 years, with the latest figure at $9.3 million 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 17.84% YoY), and the FY2024 full-year result was $37.6 million, down 17.84% from the prior year.
  • Research & Development for Q4 2024 stood at $9.3 million, up from $9.0 million in the prior quarter.
  • The five-year high for Research & Development was $13.9 million in Q2 2022, with the low 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.
  • Annual changes were most pronounced in 2020 — Research & Development dropped 28.45% — and 2021, when it jumped 52.04%.
  • Maxeon Solar Technologies' Research & Development stood at $9.8 million in 2020, then advanced by 28.65% to $12.6 million in 2021, then dropped by 5.26% to $12.0 million in 2022, then retreated by 16.54% to $10.0 million in 2023, then slipped by 7.23% to $9.3 million in 2024.
  • The last three Research & Development figures came in at $9.3 million (Q4 2024), $9.0 million (Q3 2024), and $9.4 million (Q2 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 66.94 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 43.17 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 44.87 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn 50.16 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 10.14 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn -
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn -
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn -33.12 Mn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn 2.64 Mn
10 Maxeon Solar Technologies - - - -

Historic Data

Download Data
DateValue
Dec 31, 2024 9.27 Mn
Sep 29, 2024 8.96 Mn
Jun 30, 2024 9.43 Mn
Mar 31, 2024 9.90 Mn
Dec 31, 2023 9.99 Mn
Oct 1, 2023 11.63 Mn
Jul 2, 2023 13.01 Mn
Apr 2, 2023 11.08 Mn
Jan 1, 2023 11.40 Mn
Oct 2, 2022 11.97 Mn
Jul 3, 2022 12.42 Mn
Apr 3, 2022 13.89 Mn
Jan 2, 2022 10.70 Mn
Oct 3, 2021 12.63 Mn
Jul 4, 2021 10.17 Mn
Apr 4, 2021 13.03 Mn
Jan 3, 2021 8.76 Mn
Sep 27, 2020 9.82 Mn
Jun 28, 2020 7.04 Mn
Mar 29, 2020 8.57 Mn