Maxeon Solar Technologies, Ltd. (MAXN) Revenue History
Annual and quarterly revenue from 2018 to 2024
Compound Annual Growth Rate (CAGR)
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MAXN Revenue Growth
Revenue Breakdown
MAXN's revenue distribution by segment and geography
By Geography
MAXN Revenue Analysis (2018–2024)
As of May 8, 2026, Maxeon Solar Technologies, Ltd. (MAXN) generated trailing twelve-month (TTM) revenue of $176.4 million, reflecting significant decline in growth of -89.4% year-over-year. The most recent quarter (Q2 2025) recorded $19.5 million in revenue, up 0.0% sequentially.
Looking at the longer-term picture, MAXN's 5-year compound annual growth rate (CAGR) stands at -15.7%, indicating revenue contraction over this period. The company achieved its highest annual revenue of $1.20 billion in 2019.
When compared to Energy sector peers including FSLR (+27.3% YoY), CSIQ (-6.6% YoY), and JKS (-32.7% YoY), MAXN has underperformed the peer group in terms of revenue growth. Compare MAXN vs FSLR →
MAXN Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| MAXNCurrent | $176M | -89.4% | -15.7% | -113.3% | |
 FSLR | $5.2B | +27.3% | +14.0% | 32.3% | |
 CSIQ | $5.6B | -6.6% | +10.0% | -0.5% | |
 JKS | $63.7B | -32.7% | +12.6% | -11.1% | |
 DQ | $665M | -22.9% | -0.3% | -40.6% | |
 SOL | $92M | -30.5% | -5.0% | -0.5% |
MAXN Historical Revenue Data (2018–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $509.0M | -54.7% | $-249,413,000 | -49.0% | $-576,640,000 | -113.3% |
| 2023 | $1.12B | +5.9% | $78.1M | 7.0% | $-219,205,000 | -19.5% |
| 2022 | $1.06B | +35.3% | $-47,948,000 | -4.5% | $-200,294,000 | -18.9% |
| 2021 | $783.3M | -7.3% | $-29,014,000 | -3.7% | $-172,447,000 | -22.0% |
| 2020 | $844.8M | -29.5% | $-9,781,000 | -1.2% | $-130,177,000 | -15.4% |
| 2019 | $1.20B | +31.3% | $-2,309,000 | -0.2% | $-135,646,000 | -11.3% |
| 2018 | $912.3M | - | $-449,929,000 | -49.3% | $-589,767,000 | -64.6% |
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Start ComparisonMAXN — Frequently Asked Questions
Quick answers to the most common questions about buying MAXN stock.
Is MAXN's revenue growth accelerating or slowing?
MAXN revenue declined -89.4% year-over-year, contrasting with the 5-year CAGR of -15.7%. TTM revenue fell to $176M. This reverses the prior growth trend.
What is MAXN's long-term revenue growth rate?
Maxeon Solar Technologies, Ltd.'s 5-year revenue CAGR of -15.7% reflects the variable expansion pattern. Current YoY growth of -89.4% is below this long-term average.
How is MAXN's revenue distributed by segment?
MAXN reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2018-2024 are available for download. Segment mix reveals concentration and diversification trends.