Maxeon Solar Technologies Ltd's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Maxeon Solar Technologies Ltd (MAXN) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Maxeon Solar Technologies Ltd vs Its Competitors
- TTM: Trailing 12-month revenue of 509M vs 26,643M combined for tracked competitors (1.9% combined share).
- Trending: Latest-quarter revenue run-rate is accelerating (+300.0% annualized vs trailing 12 months), vs accelerating (+219.2%) for its tracked peer group.
- Growth: Maxeon Solar Technologies Ltd generated -54.7% revenue growth year over year in Q4 2024, vs -20.3% for its tracked competitors combined.
- Profitability: Its -120.8% net margin compares with -13.1% for the peer group.
- Peer revenue share: Maxeon Solar Technologies Ltd accounted for 2.3% of combined revenue among its tracked peer group, down from 4.0% a year earlier.
- Peer differentiation: Revenue per employee of $0.21M compares with $0.43M for the peer group (0.5x).
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
MAXN Sales vs. its Competitors, Q4 2024
Maxeon Solar Technologies Ltd reported revenue contraction of 54.68 % year on year in Q4 2024, below its competitors' combined revenue change of -20.32 %.
With a net margin of -120.84 %, Maxeon Solar Technologies Ltd reported lower profitability than its competitors (-13.14 %).
Maxeon Solar Technologies Ltd generated 2.34 % of the combined sales of its peer group, down from 4.04 % a year earlier.
Maxeon Solar Technologies Ltd vs. its Competitors, Q4 2024
Revenue growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in an SEC filing; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Maxeon Solar Technologies Ltd and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Maxeon Solar Technologies Ltd | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| High-Confidence Competitors (2) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Maxeon Solar Technologies Ltd's competitor groups requires a Commercial License.
For context: the Semiconductors industry grew revenue 10.5% year over year, combined, vs -54.7% for Maxeon Solar Technologies Ltd. Maxeon Solar Technologies Ltd's share of combined industry revenue moved from 0.22% to 0.09%, a loss of 0.13 percentage points.
Maxeon Solar Technologies Ltd's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Maxeon Solar Technologies Ltd | - | - | - | - |
| Competitors combined (11) | ||||
| High-Confidence Competitors (4) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
MAXN Stock Performance relative to its Competitors
MAXN Stock Performance relative to High-Confidence Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Ascent Solar Technologies Inc | 282.9% | Outperformed |
| 2 | Emeren Group Ltd | 282.9% | Outperformed |
| 3 | Enphase Energy Inc | 282.9% | Outperformed |
| 4 | Solaredge Technologies Inc | 282.9% | Outperformed |
| 5 | Canadian Solar inc | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Maxeon Solar Technologies Ltd's best-performing tracked competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Maxeon Solar Technologies Ltd's Comment on Competition and Industry Peers
Publicly Traded Peers of Maxeon Solar Technologies Ltd
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
| Maxeon Solar Technologies Ltd | 1.47 | 508.59 |
| First Solar Inc | 18,634.40 | 5,378.07 |
| Enphase Energy Inc | 4,059.63 | 1,399.16 |
| Sunrun Inc | 2,101.57 | 3,475.61 |
| Solaredge Technologies Inc | 1,924.75 | 1,332.28 |
| Jinkosolar Holding Co ltd | 1,917.39 | 9,365.71 |
| SUBTOTAL | 29,494.42 | 26,512.31 |
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Sources: Maxeon Solar Technologies Ltd's official press releases and regulatory filings; CSIMarket.com's market research; and the financial filings and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Maxeon Solar Technologies Ltd versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Maxeon Solar Technologies Ltd's Competitors Named by the Company
Competitive relationships identified from SEC filings and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| LONGi Solar | Named by the company | 85% |
| JA Solar Holdings Co. | Named by the company | 85% |
| Jinko Solar | Named by the company | 85% |
| Risen Energy | Named by the company | 85% |
| Canadian Solar inc | Named by the company | 85% |
| Panasonic | Named by the company | 85% |
| Trina Solar Ltd. | Named by the company | 85% |
| LG Solar | Named by the company | 85% |
| Hanwha QCELLS Corporation | Named by the company | 85% |
| First Solar Inc. | Named by the company | 85% |
| REC Solar | Named by the company | 85% |
Filing basis, confidence, active dates and source counts for Maxeon Solar Technologies Ltd's named competitors require a Commercial License.
Methodology: relationships are extracted from SEC filings (named-competitor disclosures) and corroborating sources. Named by the company = explicitly disclosed as a competitor; Inferred = derived from corroborating signals. Confidence reflects evidence strength.
Maxeon Solar Technologies Ltd's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Canadian Solar inc | Recurrent Energy Segment 7.21 % |
| Sunworks Inc | Residential Solar 72.22 % |
Source: operating segment revenue as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
Maxeon Solar Technologies Ltd's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Maxeon Solar Technologies Ltd | 1 | 211,911 | -256,073 |
| First Solar Inc | 18,634 | 680,768 | 221,014 |
| Enphase Energy Inc | 4,060 | 487,171 | 47,005 |
| Sunrun Inc | 2,102 | 383,664 | -105,802 |
| Solaredge Technologies Inc | 1,925 | 372,562 | -75,587 |
| Jinkosolar Holding Co ltd | 1,917 | 390,238 | -42,367 |
| PEERS TOTAL | 29,493 | 430,882 | -10,997 |
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Maxeon Solar Technologies Ltd's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent filing. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Maxeon Solar Technologies Ltd | United States 63.04 % |
| Enphase Energy Inc | United States 74.85 % |
| Solaredge Technologies Inc | US 50.92 % |
| Jinkosolar Holding Co ltd | Europe 91.92 % |
| Canadian Solar inc | Asia 22.29 % |
| Emeren Group Ltd | CN 47.01 % |
Source: revenue geography as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
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Maxeon Solar Technologies Ltd's Position in Industry Market Structure
Market-capitalization share and concentration across all 109 companies in Maxeon Solar Technologies Ltd's industry classification, broader than the peer set above. Market cap in millions of $.Maxeon Solar Technologies Ltd ranks #0 of 109 companies by market capitalization in its industry, holding 0.00 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 2,373, indicating a moderately concentrated market structure (U.S. antitrust guidance: below 1,500 unconcentrated, 1,500 to 2,500 moderately concentrated, above 2,500 highly concentrated).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | Nvidia Corp | 5,557,865 | 44.31 % |
| 2 | Broadcom Inc | 1,783,853 | 14.22 % |
| 3 | Micron Technology Inc | 1,206,807 | 9.62 % |
| 4 | Advanced Micro Devices Inc | 1,008,456 | 8.04 % |
| 5 | Intel Corporation | 1,234 | 5.2% |
| 6 | Applied Materials Inc | 1,234 | 5.2% |
| 7 | Arm Holdings Plc | 1,234 | 5.2% |
| 8 | Texas Instruments Incorporated | 1,234 | 5.2% |
| 9 | Marvell Technology Inc | 1,234 | 5.2% |
| 10 | Analog Devices Inc | 1,234 | 5.2% |
| 0 | Maxeon Solar Technologies Ltd | 1 | 0.00 % |
Market cap and industry share for the rest of Maxeon Solar Technologies Ltd's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2026-07-10.
Maxeon Solar Technologies Ltd's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | Moderate | Industry HHI of 2,373 (see Industry Market Structure & Concentration above) |
| Supplier Power | Not covered on this page | See Maxeon Solar Technologies Ltd's dedicated suppliers page for concentration and dependency data |
| Buyer Power | Not covered on this page | See Maxeon Solar Technologies Ltd's dedicated customers page for concentration and dependency data |
| Threat of Substitutes | - | No systematic data source for cross-product substitution exists in this system; not estimated |
Note: this is a partial, data-grounded application of the framework, not a complete strategic assessment. Rivalry and barriers-to-entry readings are mechanical translations of the HHI and capital-intensity figures shown elsewhere on this page, not independent judgments.
Maxeon Solar Technologies Ltd's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
- Latest-quarter revenue run-rate is accelerating (+300.0% annualized vs trailing 12 months).
Weaknesses
No rule matched.
Opportunities
- Industry revenue growing at a healthy 10.3% median pace.
- A meaningful share of tracked competitors (50.00 %) show financial-distress signals, a possible opening to gain share.
Threats
- Industry dominated by Nvidia Corp, holding 44.31 % of industry market cap.
Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.
Maxeon Solar Technologies Ltd's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Maxeon Solar Technologies Ltd | 0.09 | 0.79 | - |
| First Solar Inc | 0.92 | 2.37 | 0.04 |
| Enphase Energy Inc | 0.43 | 2.24 | 1.03 |
| Sunrun Inc | 0.52 | 1.49 | 1.11 |
| Solaredge Technologies Inc | 0.57 | 2.12 | 0.77 |
| Jinkosolar Holding Co ltd | 0.42 | 1.25 | 1.83 |
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Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Maxeon Solar Technologies Ltd's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Maxeon Solar Technologies Ltd | Q4 2024 | -54.7 % | - |
| First Solar Inc | Q2 2026 | -3.7 % | +23.6 % |
| Enphase Energy Inc | Q1 2026 | -20.5 % | - |
| Sunrun Inc | Q2 2026 | +52.8 % | - |
| Solaredge Technologies Inc | Q2 2026 | +19.6 % | - |
| Jinkosolar Holding Co ltd | Q4 2025 | -25.9 % | - |
| PEERS TOTAL | -18.3 % | - |
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Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Maxeon Solar Technologies Ltd's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Maxeon Solar Technologies Ltd | Q4 2024 | -26.3 % | -93.2 % |
| First Solar Inc | Q2 2026 | -24.5 % | -44.0 % |
| Enphase Energy Inc | Q1 2026 | -2.7 % | +36.2 % |
| Sunrun Inc | Q2 2026 | - | +408.5 % |
| Solaredge Technologies Inc | Q2 2026 | -2.4 % | +559.4 % |
| Jinkosolar Holding Co ltd | Q4 2025 | -18.6 % | -56.6 % |
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Maxeon Solar Technologies Ltd's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Maxeon Solar Technologies Ltd | - | - | - |
| First Solar Inc | 13.05% | 16.09% | 18.02% |
| Enphase Energy Inc | 4.24% | 5.11% | 13.28% |
| Sunrun Inc | - | - | - |
| Solaredge Technologies Inc | - | - | - |
| Jinkosolar Holding Co ltd | - | - | - |
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ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Maxeon Solar Technologies Ltd's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Maxeon Solar Technologies Ltd | - | 0.00 |
| First Solar Inc | 10.66 | 3.46 |
| Enphase Energy Inc | 30.60 | 2.90 |
| Sunrun Inc | - | 0.60 |
| Solaredge Technologies Inc | - | 1.44 |
| Jinkosolar Holding Co ltd | - | 0.20 |
| PEERS AVERAGE | - | 1.11 |
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P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.