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Maxeon Solar (MAXN) Revenue & Revenue Breakdown

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Maxeon Solar Revenue Highlights

Latest Revenue (Y)

$1.12B

Latest Revenue (Q)

$187.46M

Main Geography (Y)

UNITED STATES

Maxeon Solar Revenue by Period

Maxeon Solar Revenue by Year

DateRevenueChange
2023-12-31$1.12B5.94%
2022-12-31$1.06B35.34%
2021-12-31$783.28M-7.29%
2020-12-31$844.84M-29.50%
2019-12-31$1.20B31.35%
2018-12-31$912.31M-

Maxeon Solar generated $1.12B in revenue during NA 2023, up 5.94% compared to the previous quarter, and up 123.11% compared to the same period a year ago.

Maxeon Solar Revenue by Quarter

DateRevenueChange
2024-03-31$187.46M-18.06%
2023-12-31$228.78M0.50%
2023-09-30$227.63M-34.66%
2023-06-30$348.37M9.44%
2023-03-31$318.33M-1.60%
2022-12-31$323.50M17.45%
2022-09-30$275.45M15.70%
2022-06-30$238.08M6.72%
2022-03-31$223.08M0.72%
2021-12-31$221.48M0.45%
2021-09-30$220.49M25.35%
2021-06-30$175.90M6.33%
2021-03-31$165.42M-32.64%
2020-12-31$245.56M18.85%
2020-09-30$206.62M25.22%
2020-06-30$165.01M-27.51%
2020-03-31$227.64M-38.16%
2019-12-31$368.13M18.89%
2019-09-30$309.64M6.24%
2019-06-30$291.46M27.23%
2019-03-31$229.07M-

Maxeon Solar generated $187.46M in revenue during Q1 2024, up -18.06% compared to the previous quarter, and up 57.95% compared to the same period a year ago.

Maxeon Solar Revenue Breakdown

Maxeon Solar Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Jan 23Jan 22Jan 21
Rest Of World$268.10M$425.94M$357.85M$391.92M
JAPAN$139.51M$126.19M$83.96M$79.45M
FRANCE$70.39M$80.87M$88.45M$125.37M
UNITED STATES$645.11M$427.11M$227.50M$235.61M
CHINA--$25.52M$12.50M

Maxeon Solar's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (57.44%), Rest Of World (23.87%), JAPAN (12.42%), and FRANCE (6.27%).

Quarterly Revenue by Country

CountryDec 23Jan 23Jan 22Jan 21
JAPAN$13.31M$126.19M$83.96M$79.45M
Rest Of World-$425.94M$357.85M$391.92M
UNITED STATES$218.00M$427.11M$227.50M$235.61M
FRANCE-$80.87M$88.45M$125.37M
CHINA--$25.52M$12.50M

Maxeon Solar's latest quarterly revenue breakdown by geography, as of Dec 23: UNITED STATES (94.25%), and JAPAN (5.75%).

Maxeon Solar Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
JKSJinkoSolar$118.68B$23.04B
CSIQCanadian Solar$7.61B$1.33B
FSLRFirst Solar$3.32B$887.67M
SEDGSolarEdge$2.98B$265.40M
RUNSunrun$2.26B$537.17M
MAXNMaxeon Solar$1.12B$187.46M
NOVASunnova Energy$720.65M$235.29M

MAXN Revenue FAQ

What is Maxeon Solar’s yearly revenue?

Maxeon Solar's yearly revenue for 2023 was $1.12B, representing an increase of 5.94% compared to 2022. The company's yearly revenue for 2022 was $1.06B, representing an increase of 35.34% compared to 2021. MAXN's yearly revenue for 2021 was $783.28M, representing a decrease of -7.29% compared to 2020.

What is Maxeon Solar’s quarterly revenue?

Maxeon Solar's quarterly revenue for Q1 2024 was $187.46M, a -18.06% decrease from the previous quarter (Q4 2023), and a -41.11% decrease year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $228.78M, a 0.50% increase from the previous quarter (Q3 2023), and a -29.28% decrease year-over-year (Q4 2022). MAXN's quarterly revenue for Q3 2023 was $227.63M, a -34.66% decrease from the previous quarter (Q2 2023), and a -17.36% decrease year-over-year (Q3 2022).

What is Maxeon Solar’s revenue growth rate?

Maxeon Solar's revenue growth rate for the last 3 years (2021-2023) was 43.39%, and for the last 5 years (2019-2023) was -6.27%.