Maxeon Solar Technologies, Ltd. (MAXNQ) Research & Development (2019 - 2024)
Maxeon Solar Technologies (MAXNQ) reported Research & Development of $9.27 million for the quarter ended Dec 31, 2024, down 7.2% from $9.99 million a year earlier but up 3.4% from the prior quarter.
Maxeon Solar Technologies, Ltd. (MAXNQ) Research & Development (2019 - 2024) Analysis & Trends
For the year ended Dec 31, 2024, Maxeon Solar Technologies posted Research & Development of $37.55 million, down 17.8% from the prior year.
- Research & Development has a five-year compound annual growth rate of 0.3% (years ended Dec 2019 to Dec 2024).
- By year, Research & Development came in at $45.7 million in the year ended Dec 31, 2023 (-8.0%), $49.68 million in the year ended Jan 1, 2023 and $34.19 million in the year ended Jan 3, 2021.
- Five-year quarterly Research & Development spans a low of $8.96 million in the quarter ended Sep 29, 2024 and a high of $13.01 million in the quarter ended Jul 2, 2023.
- Year over year, Research & Development has now declined in each of the last five quarters, with an average decline of 16.2% over the last five quarters.
- Per Business Quant data, the three quarters before the quarter ended Dec 31, 2024 came in at $8.96 million (quarter ended Sep 29, 2024), $9.43 million (quarter ended Jun 30, 2024) and $9.9 million (quarter ended Mar 31, 2024).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| 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 |
| Jun 28, 2020 | 7.04 Mn |
| Mar 29, 2020 | 8.57 Mn |
| Dec 29, 2019 | 11.58 Mn |
Maxeon Solar Technologies, Ltd. Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=MAXNQ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "MAXNQ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=MAXNQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();