Maxeon Solar Technologies Reports $39 Million Revenue and $65.5 Million Net Loss for First Half of 2025 Amid U.S. Import Challenges
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Maxeon Solar Technologies Ltd. reported $39 million in revenue and a net loss of $65.5 million for the first half of 2025, significantly down from $371.7 million in revenue and a net loss of $68.5 million in the same period of 2024. The decline is attributed to U.S. import challenges. The company is contesting the U.S. Customs & Border Protection's exclusion of its solar panels and is exploring options to reduce liabilities and enhance liquidity. Financial guidance has been deferred due to restructuring and macroeconomic uncertainties.
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