Maxeon Solar Technologies, Ltd. MAXNQ
Annual
Quarterly
FY2024 · ended Dec 31, 2024 · Revenue $509.05M, -54.7% YoY · Filed Apr 30, 2025
Maxeon Solar Technologies, Ltd. (MAXNQ) files with the SEC under industry code 3674, Semiconductors & Related Devices. In fiscal 2024, which ended Dec 31, 2024, it reported revenue of $509.0 million and a net loss of $614.3 million. Free cash flow was -$322.3 million. As of Dec 31, 2024 it held $28.9 million in cash and investments and $38.2 million in total debt.
Revenue
$509.05M
-54.7% vs prior year
Net income
$-614.30M
-129.7% vs prior year
Operating cash flow
$-270.16M
-6.2% vs prior year
Free cash flow
$-322.31M
-0.2% vs prior year
EPS
$-96.00
+83.9% vs prior year
Dividend per share
None
Shares outstanding
16.71M
-69.0% vs prior year
Net cash
$-9.29M
FY 2024
Operating margin
-113.3%
FY 2024
Company profile
- Industry
- Semiconductors & Related Devices (SIC 3674)
- Listed as
- MAXNQ
- Fiscal year ends
- December 31
- Incorporated in
- Singapore
- Headquarters
- Singapore
- SEC filer status
- Accelerated filer
- SEC CIK
- 1796898
- Former names
- Maxeon Solar Technologies, Ltd. (until Oct 2, 2026); Maxeon Solar Technologies, Pte. Ltd. (until Jul 2, 2020)
Other Semiconductors & Related Devices companies
- Nvidia Corp NVDA
- Broadcom Inc. AVGO
- Micron Technology Inc MU
- Advanced Micro Devices Inc AMD
- Intel Corp INTC
- Applied Materials Inc /DE AMAT
- Texas Instruments Inc TXN
- Arm Holdings PLC /UK ARM
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Jan 1, 2023 |
FY 2021 Jan 2, 2022 |
FY 2020 Jan 3, 2021 |
|---|---|---|---|---|---|
| Revenue | $509.0M | $1.1B | $1.1B | $783.3M | $844.8M |
| Operating income | -$576.6M | -$219.2M | -$200.3M | -$172.4M | -$130.2M |
| Net income | -$614.3M | — | -$267.4M | -$254.5M | -$142.6M |
| Diluted EPS | -$96.00 | -$594.46 | -$653.85 | -$6.79 | — |
| Operating cash flow | -$270.2M | -$254.3M | $3.4M | -$4.9M | -$189.2M |
| Free cash flow | -$322.3M | -$321.7M | -$59.9M | -$159.1M | -$216.9M |
| Total assets | $376.3M | $1.0B | $1.3B | $1.1B | $980.3M |
| Total liabilities | $664.6M | $997.4M | $1.2B | $701.7M | $541.1M |
| Stockholders' equity | -$293.8M | -$1.1M | $42.4M | $349.5M | $432.6M |
| Cash and investments | $28.9M | $190.2M | $227.4M | $166.5M | $206.7M |
| Total debt | $38.2M | $52.4M | $71.8M | $42.2M | $64.5M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 6-K | Current report (foreign issuer) | Oct 1, 2026 | Oct 1, 2026 |
| 6-K | Current report (foreign issuer) | Aug 5, 2026 | Aug 5, 2026 |
| 6-K | Current report (foreign issuer) | Jun 29, 2026 | Jun 29, 2026 |
| 6-K | Current report (foreign issuer) | Jun 2, 2026 | Jun 2, 2026 |
| 6-K | Current report (foreign issuer) | May 29, 2026 | May 28, 2026 |
| 6-K | Current report (foreign issuer) | May 8, 2026 | May 8, 2026 |
All 279 Maxeon Solar Technologies, Ltd. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.