Maxeon Solar Technologies Ltd
NASDAQ:MAXN
Income Statement
Earnings Waterfall
Maxeon Solar Technologies Ltd
Income Statement
Maxeon Solar Technologies Ltd
| Sep-2020 | Jan-2021 | Apr-2021 | Jul-2021 | Oct-2021 | Jan-2022 | Apr-2022 | Jul-2022 | Oct-2022 | Jan-2023 | Apr-2023 | Jul-2023 | Oct-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Jun-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||
| Interest Expense |
24
|
32
|
34
|
34
|
29
|
28
|
25
|
24
|
25
|
28
|
32
|
35
|
38
|
42
|
39
|
45
|
46
|
45
|
0
|
|
| Revenue |
599
N/A
|
845
+41%
|
783
-7%
|
794
+1%
|
807
+2%
|
783
-3%
|
841
+7%
|
903
+7%
|
958
+6%
|
1 060
+11%
|
1 155
+9%
|
1 266
+10%
|
1 218
-4%
|
1 123
-8%
|
992
-12%
|
1 016
+2%
|
876
-14%
|
509
-42%
|
176
-65%
|
|
| Gross Profit | ||||||||||||||||||||
| Cost of Revenue |
(616)
|
(855)
|
(795)
|
(800)
|
(819)
|
(812)
|
(884)
|
(983)
|
(1 037)
|
(1 108)
|
(1 137)
|
(1 152)
|
(1 085)
|
(1 021)
|
(982)
|
(1 084)
|
(1 127)
|
(754)
|
(418)
|
|
| Gross Profit |
(17)
N/A
|
(10)
+43%
|
(12)
-21%
|
(7)
+44%
|
(11)
-66%
|
(29)
-161%
|
(43)
-48%
|
(80)
-85%
|
(79)
+1%
|
(48)
+39%
|
19
N/A
|
114
+511%
|
133
+16%
|
102
-23%
|
10
-91%
|
(69)
N/A
|
(251)
-263%
|
(244)
+3%
|
(242)
+1%
|
|
| Operating Income | ||||||||||||||||||||
| Operating Expenses |
(88)
|
(120)
|
(124)
|
(129)
|
(133)
|
(135)
|
(137)
|
(138)
|
(148)
|
(150)
|
(155)
|
(168)
|
(171)
|
(172)
|
(176)
|
(236)
|
(240)
|
(211)
|
(153)
|
|
| Selling, General & Administrative |
(62)
|
(86)
|
(85)
|
(87)
|
(89)
|
(89)
|
(89)
|
(88)
|
(99)
|
(101)
|
(108)
|
(121)
|
(123)
|
(126)
|
(131)
|
(185)
|
(191)
|
(174)
|
(120)
|
|
| Research & Development |
(25)
|
(34)
|
(39)
|
(42)
|
(45)
|
(47)
|
(47)
|
(50)
|
(49)
|
(50)
|
(47)
|
(48)
|
(47)
|
(46)
|
(45)
|
(51)
|
(48)
|
(38)
|
(33)
|
|
| Operating Income |
(105)
N/A
|
(130)
-24%
|
(136)
-4%
|
(136)
+0%
|
(144)
-6%
|
(164)
-14%
|
(180)
-9%
|
(217)
-21%
|
(226)
-4%
|
(198)
+12%
|
(136)
+31%
|
(54)
+60%
|
(38)
+30%
|
(69)
-83%
|
(166)
-139%
|
(305)
-84%
|
(490)
-61%
|
(456)
+7%
|
(394)
+13%
|
|
| Pre-Tax Income | ||||||||||||||||||||
| Interest Income Expense |
(24)
|
(32)
|
(25)
|
(53)
|
(54)
|
(62)
|
(68)
|
(44)
|
(15)
|
(25)
|
(5)
|
0
|
10
|
(51)
|
(80)
|
(112)
|
(153)
|
(59)
|
(40)
|
|
| Non-Reccuring Items |
0
|
0
|
(1)
|
(6)
|
(13)
|
(13)
|
(12)
|
(9)
|
(2)
|
(2)
|
(2)
|
(1)
|
(24)
|
(150)
|
(129)
|
(96)
|
(187)
|
(94)
|
(127)
|
|
| Total Other Income |
(8)
|
36
|
33
|
34
|
46
|
1
|
(0)
|
2
|
4
|
(0)
|
0
|
(2)
|
(75)
|
(3)
|
(6)
|
19
|
69
|
13
|
14
|
|
| Pre-Tax Income |
(137)
N/A
|
(126)
+8%
|
(129)
-3%
|
(161)
-24%
|
(165)
-3%
|
(239)
-45%
|
(260)
-9%
|
(268)
-3%
|
(240)
+11%
|
(226)
+6%
|
(144)
+36%
|
(57)
+60%
|
(127)
-123%
|
(274)
-116%
|
(379)
-39%
|
(494)
-30%
|
(760)
-54%
|
(597)
+22%
|
(547)
+8%
|
|
| Net Income | ||||||||||||||||||||
| Tax Provision |
(7)
|
(12)
|
(14)
|
(11)
|
(6)
|
(0)
|
1
|
(1)
|
(3)
|
(32)
|
(37)
|
(42)
|
(37)
|
1
|
5
|
7
|
(15)
|
(18)
|
(18)
|
|
| Income from Continuing Operations |
(144)
|
(138)
|
(143)
|
(171)
|
(171)
|
(239)
|
(259)
|
(269)
|
(243)
|
(258)
|
(181)
|
(99)
|
(164)
|
(273)
|
(374)
|
(487)
|
(775)
|
(615)
|
(565)
|
|
| Income to Minority Interest |
(2)
|
(2)
|
(1)
|
(0)
|
1
|
1
|
2
|
1
|
0
|
(0)
|
(1)
|
(0)
|
0
|
(0)
|
0
|
1
|
0
|
0
|
(1)
|
|
| Equity Earnings Affiliates |
(1)
|
(3)
|
(6)
|
(8)
|
(8)
|
(17)
|
(18)
|
(18)
|
(22)
|
(9)
|
(7)
|
(2)
|
(1)
|
(3)
|
(2)
|
(2)
|
0
|
0
|
0
|
|
| Net Income (Common) |
(146)
N/A
|
(143)
+2%
|
(150)
-5%
|
(180)
-20%
|
(178)
+1%
|
(255)
-43%
|
(275)
-8%
|
(286)
-4%
|
(265)
+7%
|
(267)
-1%
|
(188)
+30%
|
(102)
+46%
|
(165)
-63%
|
(276)
-67%
|
(376)
-36%
|
(489)
-30%
|
(774)
-58%
|
(614)
+21%
|
(565)
+8%
|
|
| EPS (Diluted) |
-5.89
N/A
|
-5.82
+1%
|
-4.39
+25%
|
-4.66
-6%
|
-4.39
+6%
|
-6.79
-55%
|
-6.75
+1%
|
-6.98
-3%
|
-6.46
+7%
|
-6.54
-1%
|
-3.54
+46%
|
-2.24
+37%
|
-3.37
-50%
|
-594.63
-17 545%
|
-736.77
-24%
|
-85.42
+88%
|
-92.99
-9%
|
-96
-3%
|
-33.63
+65%
|
|