Maxeon Solar Technologies (MAXNQ) Restructuring Costs (2019 - 2024)
Maxeon Solar Technologies (MAXNQ) reported Restructuring Costs of $7.2 million for Q4 2024, down 92.94% on a YoY basis from $102.1 million in Q1 2024, and down 93.19% quarter-over-quarter from $106.0 million in Q3 2024.
Maxeon Solar Technologies (MAXNQ) Restructuring Costs (2019 - 2024) Analysis & Trends
Maxeon Solar Technologies has reported Restructuring Costs for 5 years, with the latest figure at $7.2 million in Q4 2024.
- For the quarter ending Q4 2024, Restructuring Costs fell 92.94% year-over-year to $7.2 million; the trailing twelve-month figure through Dec 2024 stood at $116.2 million (down 7.41% YoY), and the FY2024 full-year result was $116.2 million, down 7.41% from the prior year.
- Restructuring Costs for Q4 2024 stood at $7.2 million, down from $106.0 million in the prior quarter.
- The five-year high for Restructuring Costs was $106.0 million in Q3 2024, with the low at -$235000.0 in Q2 2022.
- Historically, Restructuring Costs has averaged $14.8 million across 4 years, with a median of $859000.0 in 2021.
- Annual changes were most pronounced in 2022 — Restructuring Costs tumbled 127.36% — and 2023, when it soared 27151.76%.
- Maxeon Solar Technologies' Restructuring Costs stood at $1.5 million in 2021, then tumbled by 94.39% to $85000.0 in 2022, then surged by 120068.24% to $102.1 million in 2023, then tumbled by 92.94% to $7.2 million in 2024.
- The last three Restructuring Costs figures came in at $7.2 million (Q4 2024), $106.0 million (Q3 2024), and -$70000.0 (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 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 |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn |
| 10 | Maxeon Solar Technologies | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 7.21 Mn |
| Sep 29, 2024 | 105.96 Mn |
| Jun 30, 2024 | -70,000.00 |
| Mar 31, 2024 | 3.05 Mn |
| Dec 31, 2023 | 102.14 Mn |
| Oct 1, 2023 | 23.16 Mn |
| Jul 2, 2023 | 326,000.00 |
| Apr 2, 2023 | -183,000.00 |
| Jan 1, 2023 | 503,000.00 |
| Oct 2, 2022 | 85,000.00 |
| Jul 3, 2022 | 1.77 Mn |
| Apr 3, 2022 | -235,000.00 |
| Jan 2, 2022 | 550,000.00 |
| Oct 3, 2021 | 1.51 Mn |
| Jul 4, 2021 | 5.16 Mn |
| Apr 4, 2021 | 859,000.00 |
| Jan 3, 2021 | -9,000.00 |
| Dec 29, 2019 | 41,000.00 |