Maxeon Solar Technologies, Ltd.
MAXNFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
509
Cost of Revenue
758
Gross Profit
-249
Gross Margin
-49.0%
Operating Income
-577
Operating Margin
-113.3%
Net Income
-614
Net Margin
-120.7%
EPS (Basic)
$-73.78
EPS (Diluted)
$-73.78
EBITDA
-508
EBITDA Margin
-99.8%
2023
12/31/2023
Revenue
1,123
Cost of Revenue
1,045
Gross Profit
78
Gross Margin
7.0%
Operating Income
-219
Operating Margin
-19.5%
Net Income
-276
Net Margin
-24.6%
EPS (Basic)
$-594.63
EPS (Diluted)
$-5.36
EBITDA
-175
EBITDA Margin
-15.6%
2022
12/31/2022
Revenue
1,060
Cost of Revenue
1,108
Gross Profit
-48
Gross Margin
-4.5%
Operating Income
-200
Operating Margin
-18.9%
Net Income
-267
Net Margin
-25.2%
EPS (Basic)
$-6.31
EPS (Diluted)
$-6.31
EBITDA
-141
EBITDA Margin
-13.3%
2021
12/31/2021
Revenue
783
Cost of Revenue
812
Gross Profit
-29
Gross Margin
-3.7%
Operating Income
-172
Operating Margin
-22.0%
Net Income
-255
Net Margin
-32.5%
EPS (Basic)
$-6.39
EPS (Diluted)
$-6.39
EBITDA
-169
EBITDA Margin
-21.6%
2020
12/31/2020
Revenue
845
Cost of Revenue
855
Gross Profit
-10
Gross Margin
-1.2%
Operating Income
-130
Operating Margin
-15.4%
Net Income
-143
Net Margin
-16.9%
EPS (Basic)
$-5.62
EPS (Diluted)
$-5.62
EBITDA
-47
EBITDA Margin
-5.5%