SolarMax Technology (SMXT) Cost of Revenue (2023 - 2026)
SolarMax Technology (SMXT) reported Cost of Revenue of $42627.0 for Q1 2026, down 46.05% year-over-year from $79012.0 in Q1 2025, and up 104.57% quarter-over-quarter from -$933295.0 in Q4 2025.
SolarMax Technology (SMXT) Cost of Revenue (2023 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has 4 years of Cost of Revenue data on file, last reported at $42627.0 in Q1 2026.
- Cost of Revenue for Q1 2026 came in at $42627.0, down 46.05% year-over-year; the trailing twelve-month figure through Mar 2026 was $28.8 million (up 300.94% YoY), and the FY2025 annual result was $366705.0, down 29.08% from the prior year.
- Cost of Revenue improved to $42627.0 in Q1 2026 per SMXT's latest filing, from -$933295.0 in the prior quarter.
- Over five years, Cost of Revenue peaked at $29.6 million in Q3 2025 and troughed at -$14.7 million in Q4 2024.
- A 4-year average of $2.6 million and a median of $140017.0 in 2024 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2024 and 2025: Cost of Revenue slumped 7642.97% in 2024, then surged 21073.41% in 2025.
- A 4-year view of Cost of Revenue shows it stood at $194246.0 in 2023, then tumbled by 7642.97% to -$14.7 million in 2024, then soared by 93.63% to -$933295.0 in 2025, then surged by 104.57% to $42627.0 in 2026.
- Business Quant data shows SMXT's Cost of Revenue at $42627.0 in Q1 2026, -$933295.0 in Q4 2025, and $29.6 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 558.11 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 583.14 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 48.09 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 242.22 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 178.53 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 99.55 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 160.41 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | 1.63 Bn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 14.40 Mn |
| 10 | SolarMax Technology | 21.92 Mn | 17.61 Mn | 3.05 Mn | 42,627.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 42,627.00 |
| Mar 31, 2026 | 42,627.00 |
| Dec 31, 2025 | -933,295.00 |
| Dec 31, 2025 | -933,295.00 |
| Sep 30, 2025 | 29.65 Mn |
| Sep 30, 2025 | 29.65 Mn |
| Jun 30, 2025 | 70,691.00 |
| Jun 30, 2025 | 70,691.00 |
| Mar 31, 2025 | 79,012.00 |
| Mar 31, 2025 | 79,012.00 |
| Dec 31, 2024 | -14.65 Mn |
| Dec 31, 2024 | -14.65 Mn |
| Sep 30, 2024 | 140,017.00 |
| Sep 30, 2024 | 140,017.00 |
| Jun 30, 2024 | 86,907.00 |
| Jun 30, 2024 | 86,907.00 |
| Mar 31, 2024 | 6.23 Mn |
| Mar 31, 2024 | 6.23 Mn |
| Dec 31, 2023 | 194,246.00 |
| Dec 31, 2023 | 194,246.00 |