MAXN
Maxeon Solar Technologies Ltd
NASDAQ: MAXN · TECHNOLOGY · SOLAR
$0.76
-26.99% today
Updated 2026-04-30
Market cap
$19.30M
P/E ratio
0.03
P/S ratio
0.11x
EPS (TTM)
$34.66
Dividend yield
—
52W range
$1 – $5
Volume
2.4M
Maxeon Solar Technologies Ltd (MAXN) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenue | $912.31M | $1.20B | $844.84M | $783.28M | $1.06B | $1.12B | $509.05M |
| Revenue growth (YoY) | — | +31.3% | -29.5% | -7.3% | +35.3% | +5.9% | -54.7% |
| Cost of revenue | $1.36B | $1.20B | $854.62M | $812.29M | $1.11B | $1.04B | $758.46M |
| Gross profit | $-449.93M | $-2.31M | $-9.78M | $-29.01M | $-47.95M | $78.11M | $-249.41M |
| Gross margin | -49.3% | -0.2% | -1.2% | -3.7% | -4.5% | 7.0% | -49.0% |
| R&D | $50.03M | $37.00M | $34.19M | $46.53M | $49.68M | $45.70M | $37.55M |
| SG&A | $82.04M | $96.86M | $86.20M | $88.82M | $100.55M | $123.97M | $158.32M |
| Operating income | $-589.77M | $-135.65M | $-130.18M | $-172.45M | $-200.29M | $-219.21M | $-576.64M |
| Operating margin | -64.6% | -11.3% | -15.4% | -22.0% | -18.9% | -19.5% | -113.3% |
| EBITDA | $-493.40M | $-84.16M | $-46.50M | $-169.00M | $-141.33M | $-175.21M | $-507.79M |
| EBITDA margin | -54.1% | -7.0% | -5.5% | -21.6% | -13.3% | -15.6% | -99.8% |
| EBIT | $-576.30M | $-137.61M | $-93.83M | $-211.22M | $-198.07M | $-231.09M | $-551.26M |
| Interest expense | $25.89M | $25.83M | $31.86M | $28.14M | $30.34M | $42.44M | $45.37M |
| Income tax | $-1.05M | $10.12M | $12.13M | $203000.00 | $32.19M | $-626000.00 | $17.95M |
| Effective tax rate | 0.2% | -6.0% | -9.3% | -0.1% | -13.7% | 0.2% | -3.0% |
| Net income | $-603.81M | $-178.90M | $-142.63M | $-254.52M | $-267.42M | $-275.83M | $-614.30M |
| Net income growth (YoY) | — | +70.4% | +20.3% | -78.4% | -5.1% | -3.1% | -122.7% |
| Profit margin | -66.2% | -14.9% | -16.9% | -32.5% | -25.2% | -24.6% | -120.7% |