Maxeon Solar Technologies (Maxeon Solar Technologies) Gross Margin % : 1.20% (As of Sep. 2023)

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What is Maxeon Solar Technologies Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Maxeon Solar Technologies's Gross Profit for the three months ended in Sep. 2023 was $3 Mil. Maxeon Solar Technologies's Revenue for the three months ended in Sep. 2023 was $228 Mil. Therefore, Maxeon Solar Technologies's Gross Margin % for the quarter that ended in Sep. 2023 was 1.20%.

The historical rank and industry rank for Maxeon Solar Technologies's Gross Margin % or its related term are showing as below:

MAXN' s Gross Margin % Range Over the Past 10 Years
Min: -49.32 Med: -3.7 Max: 10.89
Current: 10.89

During the past 5 years, the highest Gross Margin % of Maxeon Solar Technologies was 10.89%. The lowest was -49.32%. And the median was -3.70%.

MAXN's Gross Margin % is ranked worse than
84.28% of 973 companies
in the Semiconductors industry
Industry Median: 28.41 vs MAXN: 10.89

Maxeon Solar Technologies had a gross margin of 1.20% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Maxeon Solar Technologies was 0.00% per year.

Maxeon Solar Technologies Gross Margin % Historical Data

The historical data trend for Maxeon Solar Technologies's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Maxeon Solar Technologies Gross Margin % Chart

Maxeon Solar Technologies Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Gross Margin %

-49.32

-0.19

-1.16

-3.70

-4.52

Maxeon Solar Technologies Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Gross Margin %	Get a 7-Day Free Trial															-5.72	6.21	16.85	16.14	1.20

Competitive Comparison of Maxeon Solar Technologies's Gross Margin %

For the Solar subindustry, Maxeon Solar Technologies's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Maxeon Solar Technologies's Gross Margin % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Maxeon Solar Technologies's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Maxeon Solar Technologies's Gross Margin % falls into.

Maxeon Solar Technologies Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Maxeon Solar Technologies's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )	=	Gross Profit (A: Dec. 2022 )	/	Revenue (A: Dec. 2022 )
	=	-47.9	/	1060.113
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1060.113 - 1108.061)	/	1060.113
	=	-4.52 %

Maxeon Solar Technologies's Gross Margin for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )	=	Gross Profit (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	2.7	/	227.63
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(227.63 - 224.902)	/	227.63
	=	1.20 %

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Maxeon Solar Technologies (NAS:MAXN) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Maxeon Solar Technologies had a gross margin of 1.20% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.

Maxeon Solar Technologies Gross Margin % Related Terms

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Maxeon Solar Technologies (Maxeon Solar Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Maxeon Solar Technologies Ltd (NAS:MAXN) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

5QJ:Germany

Address

8 Marina Boulevard No. 05-02, Marina Bay Financial Centre, Singapore, SGP, 018981

Website

https://www.maxeon.com

Maxeon Solar Technologies Ltd is engaged in the manufacturing and marketing of premium solar technology. It owns and operates solar cell and panel manufacturing facilities located in Malaysia, Mexico, and the Philippines. The company's primary products are the Maxeon line of interdigitated back contact (IBC) solar cells and panels, and the Performance line (formerly, P-Series) of shingled solar cells and panels. the Maxeon line of solar panels are the highest-efficiency solar panels on the market with an aesthetically pleasing design, and the Performance line of solar panels offers a high-value and cost-effective solution. It is targeted at residential and small-scale commercial customers across the globe. The company derives its revenue from the United States, France, Italy, and Others.