MAXN
Maxeon Solar Technologies, Ltd.
NASDAQ · Energy · Solar · SG
$0.21
−16.00%Income statement
| Metric | TTM | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 176.4M | 509.0M | 1.1B | 1.1B | 783.3M |
| Cost of Revenue | 418.5M | 758.5M | 1.0B | 1.1B | 812.3M |
| Gross Profit | (242.1M) | (249.4M) | 78.1M | (47.9M) | (29.0M) |
| Operating Expenses | |||||
| R&D Expense | 32.8M | 37.5M | 45.7M | 49.7M | 46.5M |
| SG&A Expense | 104.5M | 158.3M | 126.2M | 100.5M | 88.8M |
| General & Admin Expense | 76.8M | 158.3M | 124.0M | — | — |
| Selling & Marketing Expense | 800.0K | — | — | — | — |
| Other Expenses | 133.1M | 131.4M | 125.5M | 2.1M | 8.1M |
| Total Operating Expenses | 270.4M | 327.2M | 297.3M | 152.3M | 143.4M |
| Cost and Expenses | 688.9M | 1.1B | 1.3B | 1.3B | 955.7M |
| Operating Income (EBIT) | (512.5M) | (576.6M) | (219.2M) | (200.3M) | (172.4M) |
| Non-Operating | |||||
| Interest Income | 760.0K | 2.1M | 9.4M | 2.5M | 290.0K |
| Interest Expense | 38.8M | 45.4M | 42.4M | 30.3M | 28.1M |
| Net Interest Income | (38.0M) | (43.3M) | (33.1M) | (27.8M) | (27.8M) |
| Other Non-Op Income/Expense | (34.5M) | (20.0M) | (57.1M) | (34.7M) | (83.1M) |
| Non-Operating Income (excl Interest) | 16.4M | (25.4M) | 11.9M | (2.2M) | 38.8M |
| EBT (Pre-Tax Income) | (547.0M) | (596.6M) | (276.3M) | (235.0M) | (255.5M) |
| Income Tax Expense | 17.9M | 18.0M | (626.0K) | 32.2M | 203.0K |
| Bottom Line | |||||
| Net Income | (565.4M) | (614.3M) | (275.8M) | (267.4M) | (254.5M) |
| Earnings from Cont. Ops | (564.8M) | (614.6M) | (275.7M) | (267.1M) | (255.7M) |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (565.4M) | (614.3M) | (275.8M) | (267.4M) | (254.5M) |
| Per Share | |||||
| Basic EPS | ($63.94) | ($73.78) | ($594.63) | ($6.31) | ($6.39) |
| Diluted EPS | ($18.75) | ($73.78) | ($5.36) | ($6.31) | ($6.39) |
| Revenue Per Share | $10.49 | $61.14 | $2,421.17 | $25.91 | $20.91 |
| Shares | |||||
| Basic Shares Outstanding | 16.8M | 8.3M | 463870 | 40.9M | 37.5M |
| Diluted Shares Outstanding | 16.8M | 8.3M | 51.4M | 40.9M | 37.5M |
| Profitability Metrics | |||||
| EBITDA | (504.1M) | (507.8M) | (175.2M) | (141.3M) | (169.0M) |
| D&A | 24.8M | 43.5M | 55.9M | 56.7M | 42.2M |
| EBIT | (528.9M) | (551.3M) | (231.1M) | (198.1M) | (211.2M) |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2025