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Side-by-side financial comparison of KIRBY CORP (KEX) and Maxeon Solar Technologies, Ltd. (MAXN). Click either name above to swap in a different company.

KIRBY CORP is the larger business by last-quarter revenue ($844.1M vs $509.0M, roughly 1.7× Maxeon Solar Technologies, Ltd.). KIRBY CORP runs the higher net margin — 9.6% vs -120.7%, a 130.3% gap on every dollar of revenue. On growth, KIRBY CORP posted the faster year-over-year revenue change (7.4% vs -54.7%). KIRBY CORP produced more free cash flow last quarter ($49.4M vs $-322.3M).

Kirby Corporation, headquartered in Houston, Texas, is the largest tank barge operator in the United States, transporting bulk liquid products throughout the Mississippi River System, on the Gulf Intracoastal Waterway, along all three U.S. Coasts, and in Alaska and Hawaii. Products transported by Kirby include petrochemicals, black oil, refined petroleum products, and agricultural chemical products by tank barge. Kirby also owns and operates eight ocean-going barge and tug units transporting ...

Maxeon Solar Technologies, Ltd. is a Singapore-based company that designs and manufactures photovoltaic panels. The company was previously a division of the American company SunPower. Maxeon was spun off from SunPower in August 2020. Maxeon was the primary provider of solar panels for SunPower through March 2024. Beyond the United States, Maxeon has sales operations in more than 100 countries and has the rights to use the SunPower brand in countries outside the United States.

KEX vs MAXN — Head-to-Head

Bigger by revenue
KEX
KEX
1.7× larger
KEX
$844.1M
$509.0M
MAXN
Growing faster (revenue YoY)
KEX
KEX
+62.1% gap
KEX
7.4%
-54.7%
MAXN
Higher net margin
KEX
KEX
130.3% more per $
KEX
9.6%
-120.7%
MAXN
More free cash flow
KEX
KEX
$371.7M more FCF
KEX
$49.4M
$-322.3M
MAXN

Income Statement — Q1 FY2026 vs Q4 FY2024

Metric
KEX
KEX
MAXN
MAXN
Revenue
$844.1M
$509.0M
Net Profit
$81.3M
$-614.3M
Gross Margin
Operating Margin
12.8%
-113.3%
Net Margin
9.6%
-120.7%
Revenue YoY
7.4%
-54.7%
Net Profit YoY
6.6%
-122.7%
EPS (diluted)
$1.50
$-96.00

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
KEX
KEX
MAXN
MAXN
Q1 26
$844.1M
Q4 25
$851.8M
Q3 25
$871.2M
Q2 25
$855.5M
Q1 25
$785.7M
Q4 24
$802.3M
$509.0M
Q3 24
$831.1M
Q2 24
$824.4M
Net Profit
KEX
KEX
MAXN
MAXN
Q1 26
$81.3M
Q4 25
$91.8M
Q3 25
$92.5M
Q2 25
$94.3M
Q1 25
$76.0M
Q4 24
$42.8M
$-614.3M
Q3 24
$90.0M
Q2 24
$83.9M
Operating Margin
KEX
KEX
MAXN
MAXN
Q1 26
12.8%
Q4 25
15.2%
Q3 25
14.8%
Q2 25
15.4%
Q1 25
13.4%
Q4 24
6.3%
-113.3%
Q3 24
15.3%
Q2 24
14.6%
Net Margin
KEX
KEX
MAXN
MAXN
Q1 26
9.6%
Q4 25
10.8%
Q3 25
10.6%
Q2 25
11.0%
Q1 25
9.7%
Q4 24
5.3%
-120.7%
Q3 24
10.8%
Q2 24
10.2%
EPS (diluted)
KEX
KEX
MAXN
MAXN
Q1 26
$1.50
Q4 25
$1.68
Q3 25
$1.65
Q2 25
$1.67
Q1 25
$1.33
Q4 24
$0.74
$-96.00
Q3 24
$1.55
Q2 24
$1.43

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
KEX
KEX
MAXN
MAXN
Cash + ST InvestmentsLiquidity on hand
$58.0M
$28.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.4B
$-293.8M
Total Assets
$376.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KEX
KEX
MAXN
MAXN
Q1 26
$58.0M
Q4 25
$78.8M
Q3 25
$47.0M
Q2 25
$68.4M
Q1 25
$51.1M
Q4 24
$74.4M
$28.9M
Q3 24
$67.1M
Q2 24
$53.5M
Total Debt
KEX
KEX
MAXN
MAXN
Q1 26
Q4 25
$919.3M
Q3 25
$1.0B
Q2 25
$1.1B
Q1 25
$1.1B
Q4 24
$874.9M
Q3 24
$978.6M
Q2 24
$1.0B
Stockholders' Equity
KEX
KEX
MAXN
MAXN
Q1 26
$3.4B
Q4 25
$3.4B
Q3 25
$3.4B
Q2 25
$3.4B
Q1 25
$3.3B
Q4 24
$3.4B
$-293.8M
Q3 24
$3.3B
Q2 24
$3.3B
Total Assets
KEX
KEX
MAXN
MAXN
Q1 26
Q4 25
$6.0B
Q3 25
$6.1B
Q2 25
$6.1B
Q1 25
$6.0B
Q4 24
$5.9B
$376.3M
Q3 24
$5.9B
Q2 24
$5.9B
Debt / Equity
KEX
KEX
MAXN
MAXN
Q1 26
Q4 25
0.27×
Q3 25
0.31×
Q2 25
0.33×
Q1 25
0.33×
Q4 24
0.26×
Q3 24
0.30×
Q2 24
0.32×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
KEX
KEX
MAXN
MAXN
Operating Cash FlowLast quarter
$97.7M
$-270.2M
Free Cash FlowOCF − Capex
$49.4M
$-322.3M
FCF MarginFCF / Revenue
5.9%
-63.3%
Capex IntensityCapex / Revenue
5.7%
10.2%
Cash ConversionOCF / Net Profit
1.20×
TTM Free Cash FlowTrailing 4 quarters
$497.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KEX
KEX
MAXN
MAXN
Q1 26
$97.7M
Q4 25
$312.2M
Q3 25
$227.5M
Q2 25
$93.9M
Q1 25
$36.5M
Q4 24
$247.4M
$-270.2M
Q3 24
$206.5M
Q2 24
$179.3M
Free Cash Flow
KEX
KEX
MAXN
MAXN
Q1 26
$49.4M
Q4 25
$265.2M
Q3 25
$160.3M
Q2 25
$22.4M
Q1 25
$-42.1M
Q4 24
$150.7M
$-322.3M
Q3 24
$130.1M
Q2 24
$90.8M
FCF Margin
KEX
KEX
MAXN
MAXN
Q1 26
5.9%
Q4 25
31.1%
Q3 25
18.4%
Q2 25
2.6%
Q1 25
-5.4%
Q4 24
18.8%
-63.3%
Q3 24
15.7%
Q2 24
11.0%
Capex Intensity
KEX
KEX
MAXN
MAXN
Q1 26
5.7%
Q4 25
5.5%
Q3 25
7.7%
Q2 25
8.4%
Q1 25
10.0%
Q4 24
12.0%
10.2%
Q3 24
9.2%
Q2 24
10.7%
Cash Conversion
KEX
KEX
MAXN
MAXN
Q1 26
1.20×
Q4 25
3.40×
Q3 25
2.46×
Q2 25
1.00×
Q1 25
0.48×
Q4 24
5.78×
Q3 24
2.30×
Q2 24
2.14×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

KEX
KEX

Marine transportation$497.2M59%
Distribution and services$346.9M41%

MAXN
MAXN

Segment breakdown not available.

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