SolarMax Technology (SMXT) Consolidated Net Income (2023 - 2026)
SolarMax Technology's (SMXT) quarterly Consolidated Net Income came in at -$306684.0 in Q1 2026, up 76.34% year-on-year from -$173915.8 in Q1 2025, and up 64.84% on a QoQ basis from -$872245.0 in Q4 2025.
SolarMax Technology (SMXT) Consolidated Net Income (2023 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has 4 years of Consolidated Net Income data on file, last reported at -$306684.0 in Q1 2026.
- On a quarterly basis, Consolidated Net Income rose 76.34% year-over-year to -$306684.0 in Q1 2026; TTM through Mar 2026 was -$5.3 million, a 68.59% increase from a year earlier, with the FY2025 full-year figure at -$6.3 million, up 81.91% from the prior year.
- Consolidated Net Income for Q1 2026 stood at -$306684.0, up from -$872245.0 in the prior quarter.
- Over the last five years, Consolidated Net Income for SMXT reached as high as $1.5 million in Q3 2023 and fell as low as -$19.3 million in Q1 2024.
- Historically, Consolidated Net Income has averaged -$3.2 million across 4 years, with a median of -$1.9 million in 2023.
- Across the five-year window, Consolidated Net Income slumped 550677.57% in 2024 and soared 93.27% in 2025, its largest moves.
- Year by year, Consolidated Net Income stood at $709.0 in 2023, then slumped by 550677.57% to -$3.9 million in 2024, then jumped by 77.66% to -$872245.0 in 2025, then jumped by 64.84% to -$306684.0 in 2026.
- Per Business Quant data, the three most recent Consolidated Net Income figures were -$306684.0 in Q1 2026, -$872245.0 in Q4 2025, and -$2.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 346.62 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 150.60 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | -7.40 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | -228.75 Mn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | -57.37 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | -297.33 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | -297,000.00 |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | -122.70 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 2.00 Mn |
| 10 | SolarMax Technology | 18.57 Mn | 13.99 Mn | 3.05 Mn | -306,684.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -306,684.00 |
| Dec 31, 2025 | -872,245.00 |
| Sep 30, 2025 | -2.26 Mn |
| Jun 30, 2025 | -1.90 Mn |
| Mar 31, 2025 | -1.30 Mn |
| Dec 31, 2024 | -3.90 Mn |
| Sep 30, 2024 | -9.62 Mn |
| Jun 30, 2024 | -2.16 Mn |
| Mar 31, 2024 | -19.27 Mn |
| Dec 31, 2023 | 709.00 |
| Sep 30, 2023 | 1.47 Mn |
| Jun 30, 2023 | -1.86 Mn |
| Mar 31, 2023 | 742,815.00 |