Maxeon Solar Technologies, Ltd.
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Maxeon Solar Technologies, Ltd.'s past years’ income statements indicate that its last revenue has increased compared to the previous period by 6% to $1,123,110,000. Profit margin reached -25%. Total operating expenses were $297,320,000.

Profit Margin

Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN): Profit margin
2018 912.31M -603.81M -66.18%
2019 1.19B -173.56M -14.48%
2020 844.83M -137.81M -16.31%
2021 783.27M -239.26M -30.55%
2022 1.06B -258.07M -24.34%
2023 1.12B -275.82M -24.56%

MAXN Income Statement (2018 – 2023)

2023 2022 2021 2020 2019 2018
Revenue
Revenue
1.12B1.06B783.27M844.83M1.19B912.31M
Cost of revenue
1.04B1.10B812.29M854.61M1.20B1.36B
Gross profit
78.11M-47.94M-29.01M-9.78M-2.30M-449.92M
Operating exp.
Research and development
45.70M49.68M46.52M34.19M36.99M50.03M
Selling and marketing
000000
Total operating expenses
297.32M150.22M135.34M120.39M133.85M132.07M
Operating income
-219.20M-200.29M-172.44M-130.17M-135.64M-589.76M
Other income (expenses), net
-54.32M-25.58M-66.61M4.49M-27.79M5.70M
Income before tax
-273.52M-225.88M-239.06M-125.68M-163.43M-602.18M
Income tax expense
-626K32.19M203K12.12M10.12M-1.05M
Net income
-275.82M-258.07M-239.26M-137.81M-173.56M-603.81M
Earnings per share
Basic EPS
-594.63-6.31-6.39-5.62-8.16-20.36
Diluted EPS
-594.63-6.31-6.39-5.62-8.16-20.36
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