SolarMax Technology (SMXT) Cost of Revenue (2023 - 2026)

SolarMax Technology (SMXT) has reported Cost of Revenue for 4 consecutive years, with $11.8 million the latest figure, recorded in Q1 2026.

• On a quarterly basis, Cost of Revenue rose 113.93% year-over-year to $11.8 million in Q1 2026; TTM through Mar 2026 was $93.0 million, a 366.25% increase from a year earlier, with the FY2025 full-year figure at $86.8 million, up 319.66% from the prior year.
• Cost of Revenue was $11.8 million for Q1 2026 at SolarMax Technology, down from $45.3 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $45.3 million in Q4 2025 and troughed at $3.9 million in Q2 2024.
• A 4-year average of $12.5 million and a median of $9.3 million in 2023 frame the typical range for Cost of Revenue.
• Across the five-year window, Cost of Revenue sank 69.49% in 2024 and jumped 723.49% in 2025, its largest moves.
• Over 4 years, Cost of Revenue stood at $9.3 million in 2023, then plunged by 40.8% to $5.5 million in 2024, then soared by 723.49% to $45.3 million in 2025, then plunged by 74.0% to $11.8 million in 2026.
• The last three Cost of Revenue figures came in at $11.8 million (Q1 2026), $45.3 million (Q4 2025), and $29.6 million (Q3 2025), per Business Quant data.