NASDAQ$MAXNQ
Maxeon Solar Technologies Ltd · Q4 2025 earnings
Q4 2025 earnings · · After market close · Investor relations
Briefing
Maxeon reports $39M H1 revenue as CBP import ban and restructuring weigh on solar shipments
Maxeon Solar Technologies reported first-half 2025 results with revenue of $39.0 million, down sharply from $371.7 million a year ago, as U.S. Customs and Border Protection's continued exclusion of Maxeon panels from U.S. import since July 2024 devastated shipment volumes to 153 MW from 1,014 MW. The company posted a GAAP net loss attributable to stockholders of $65.5 million and adjusted EBITDA of negative $48.6 million. Management is pursuing a CIT complaint against CBP, exploring strategic alternatives under new U.S. OBBBA legislation, and deferring financial guidance and earnings calls amid ongoing restructuring and liability reduction discussions with controlling shareholder TZE.
- H1 revenue $39.0M vs $371.7M prior year; shipments fell to 153 MW from 1,014 MW
- GAAP net loss attributable to stockholders $65.5M; adjusted EBITDA $(48.6)M
- Gross loss $(14.8)M; non-GAAP operating expenses $42.5M after restructuring actions
- CBP import exclusion since July 2024 remains the primary headwind; CIT complaint filed July 15
- Company deferring guidance and conference calls; exploring asset monetization and debt reduction with TZE
Headline financials
Revenue & EPS history
Maxeon · Revenue · Quarterly
$39M
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 16 quarterly earnings reports · overlaid with Q4 2025
-6.4%
Avg return
Earnings day
-4.8%
Avg return
5 days after
-7.9%
Avg return
30 days after
22%
4 / 18 earnings
Positive
+41.1%
Q4 2022
Best reaction
-39.5%
Q1 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2024 | +0.0% | -5.7% | — | |
| Q3 2025 | -12.0% | +18.8% | — | |
| Q4 2025 | -9.8% | -17.2% | -9.5% | |
| Q4 2023 | -39.5% | -43.7% | -72.6% | |
| Q1 2024 | -39.5% | -43.7% | -72.6% | |
| Q3 2023 | -16.0% | -17.0% | -0.6% | |
| Q2 2023 | -33.5% | -35.7% | -34.8% | |
| Q1 2023 | +32.7% | +19.3% | -0.3% | |
| Q4 2022 | +41.1% | +43.0% | +39.2% | |
| Q3 2022 | +19.9% | +24.9% | +14.1% | |
| Q2 2022 | -12.6% | -6.3% | +25.3% | |
| Q1 2022 | +12.0% | +3.8% | +12.3% | |
| Q4 2021 | -6.1% | +7.4% | -18.2% | |
| Q3 2021 | -15.5% | -4.2% | -25.1% | |
| Q2 2021 | -6.3% | -11.4% | +7.2% | |
| Q1 2021 | -2.0% | -7.8% | +10.2% | |
| Q4 2019 | -18.4% | -22.1% | -46.7% | |
| Q3 2020 | -9.3% | +10.9% | +45.3% | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — | |
| Q3 2019 | — | — | — | |
| Q2 2019 | — | — | — | |
| Q1 2019 | — | — | — |
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