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

SolarMax Technology (SMXT) has 4 years of Cost of Revenue data on file, last reported at $11.8 million 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 $133.2 million, a 567.4% 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 for Q1 2026 stood at $11.8 million, down from $85.5 million in the prior quarter.
• Over the last five years, Cost of Revenue for SMXT reached as high as $85.5 million in Q4 2025 and fell as low as $3.9 million in Q2 2024.
• Historically, Cost of Revenue has averaged $15.6 million across 4 years, with a median of $9.3 million in 2023.
• Across the five-year window, Cost of Revenue slumped 69.49% in 2024 and surged 1452.74% in 2025, its largest moves.
• Year by year, Cost of Revenue stood at $9.3 million in 2023, then plunged by 40.8% to $5.5 million in 2024, then jumped by 1452.74% to $85.5 million in 2025, then sank by 86.21% to $11.8 million in 2026.
• Per Business Quant data, the three most recent Cost of Revenue figures were $11.8 million in Q1 2026, $85.5 million in Q4 2025, and $29.6 million in Q3 2025.