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Maxeon Solar Technologies (STU:5QJ) Gross Profit : €9.2 Mil (TTM As of Mar. 2024)


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What is Maxeon Solar Technologies Gross Profit?

Maxeon Solar Technologies's gross profit for the three months ended in Mar. 2024 was €-13.7 Mil. Maxeon Solar Technologies's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was €9.2 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Maxeon Solar Technologies's gross profit for the three months ended in Mar. 2024 was €-13.7 Mil. Maxeon Solar Technologies's Revenue for the three months ended in Mar. 2024 was €172.5 Mil. Therefore, Maxeon Solar Technologies's Gross Margin % for the quarter that ended in Mar. 2024 was -7.93%.

Maxeon Solar Technologies had a gross margin of -7.93% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 6 years, the highest Gross Margin % of Maxeon Solar Technologies was 6.96%. The lowest was -49.32%. And the median was -2.43%.


Maxeon Solar Technologies Gross Profit Historical Data

The historical data trend for Maxeon Solar Technologies's Gross Profit 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 Profit Chart

Maxeon Solar Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial -2.08 -8.04 -25.68 -45.26 71.63

Maxeon Solar Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 50.09 51.89 2.56 -31.60 -13.68

Competitive Comparison of Maxeon Solar Technologies's Gross Profit

For the Solar subindustry, Maxeon Solar Technologies's Gross Profit, along with its competitors' market caps and Gross Profit 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 Profit Distribution in the Semiconductors Industry

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

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



Maxeon Solar Technologies Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Maxeon Solar Technologies's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=1029.892 - 958.261
=71.6

Maxeon Solar Technologies's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=172.46 - 186.141
=-13.7

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €9.2 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Maxeon Solar Technologies's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=-13.7 / 172.46
=-7.93 %

* 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.

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  (STU:5QJ) Gross Profit 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 -7.93% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Maxeon Solar Technologies Gross Profit Related Terms

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Maxeon Solar Technologies (STU:5QJ) Business Description

Traded in Other Exchanges
Address
8 Marina Boulevard No. 05-02, Marina Bay Financial Centre, Singapore, SGP, 018981
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.

Maxeon Solar Technologies (STU:5QJ) Headlines

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