Maxeon Solar Technologies (MAXNQ) Revenue (2019 - 2024)

Maxeon Solar Technologies (MAXNQ) reported Revenue of $48.8 million for Q4 2024, down 78.66% on a YoY basis from $228.8 million in Q1 2024, and down 44.88% quarter-over-quarter from $88.6 million in Q3 2024.

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

Maxeon Solar Technologies has reported Revenue for 6 years, with the latest figure at $48.8 million in Q4 2024.

  • For the quarter ending Q4 2024, Revenue fell 78.66% year-over-year to $48.8 million; the trailing twelve-month figure through Dec 2024 stood at $509.0 million (down 54.68% YoY), and the FY2024 full-year result was $509.0 million, down 54.68% from the prior year.
  • Revenue for Q4 2024 stood at $48.8 million, down from $88.6 million in the prior quarter.
  • The five-year high for Revenue was $348.4 million in Q3 2023, with the low at $48.8 million in Q4 2024.
  • Historically, Revenue has averaged $221.9 million across 5 years, with a median of $227.6 million in 2023.
  • Annual changes were most pronounced in 2023 — Revenue jumped 46.33% — and 2024, when it plunged 78.66%.
  • Maxeon Solar Technologies' Revenue stood at $165.0 million in 2020, then soared by 33.62% to $220.5 million in 2021, then gained by 24.93% to $275.4 million in 2022, then slipped by 16.94% to $228.8 million in 2023, then sank by 78.66% to $48.8 million in 2024.
  • The last three Revenue figures came in at $48.8 million (Q4 2024), $88.6 million (Q3 2024), and $184.2 million (Q2 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 1.04 Bn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 880.52 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 282.90 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn 310.50 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 722.23 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 140.56 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 223.41 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn 1.78 Bn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn 25.20 Mn
10 Maxeon Solar Technologies - - - -

Historic Data

Download Data
DateValue
Dec 31, 2024 48.81 Mn
Sep 29, 2024 88.56 Mn
Jun 30, 2024 184.22 Mn
Mar 31, 2024 187.46 Mn
Dec 31, 2023 228.78 Mn
Oct 1, 2023 227.63 Mn
Jul 2, 2023 348.37 Mn
Apr 2, 2023 318.33 Mn
Jan 1, 2023 323.50 Mn
Oct 2, 2022 275.45 Mn
Jul 3, 2022 238.08 Mn
Apr 3, 2022 223.08 Mn
Jan 2, 2022 221.48 Mn
Oct 3, 2021 220.49 Mn
Jan 3, 2021 245.56 Mn
Jun 28, 2020 165.01 Mn
Mar 29, 2020 227.64 Mn
Dec 29, 2019 368.13 Mn
Jun 30, 2019 291.46 Mn