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% on a QoQ basis from -$933295.0 in Q4 2025.
SolarMax Technology (SMXT) has 4 years of Cost of Revenue data on file, last reported at $42627.0 in Q1 2026.
- Quarterly Cost of Revenue fell 46.05% year-over-year to $42627.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $28.8 million (up 300.94% YoY) and the FY2025 annual result came in at $366705.0, down 29.08% from the prior year.
- Cost of Revenue rose to $42627.0 in Q1 2026 per SMXT's latest filing, from -$933295.0 in the prior quarter.
- Across five years, Cost of Revenue topped out at $29.6 million in Q3 2025 and bottomed at -$14.7 million in Q4 2024.
- The 4-year median for Cost of Revenue is $140017.0 (2024), against an average of $2.6 million.
- The widest annual swing landed in 2024, when Cost of Revenue plunged 7642.97%; it then soared 21073.41% in 2025.
- Tracing SMXT's Cost of Revenue over 4 years: stood at $194246.0 in 2023, then sank by 7642.97% to -$14.7 million in 2024, then jumped by 93.63% to -$933295.0 in 2025, then soared by 104.57% to $42627.0 in 2026.
- Per Business Quant, the three latest SMXT Cost of Revenue figures stand at $42627.0 (Q1 2026), -$933295.0 (Q4 2025), and $29.6 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 558.11 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 583.14 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 1.09 Bn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 48.09 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 242.22 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 178.53 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 99.55 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 160.41 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | 1.63 Bn |
| 10 | SolarMax Technology | 30.01 Mn | 25.71 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 | 70,845.00 |
| Dec 31, 2025 | 70,845.00 |
| Sep 30, 2025 | 146,157.00 |
| Sep 30, 2025 | 146,157.00 |
| Jun 30, 2025 | 6.28 Mn |
| Jun 30, 2025 | 6.28 Mn |
| Mar 31, 2025 | 79,012.00 |
| Mar 31, 2025 | 79,012.00 |
| Dec 31, 2024 | 20.28 Mn |
| Dec 31, 2024 | 20.28 Mn |
| Sep 30, 2024 | 5.07 Mn |
| Sep 30, 2024 | 5.07 Mn |
| Jun 30, 2024 | 3.87 Mn |
| Jun 30, 2024 | 3.87 Mn |
| Mar 31, 2024 | 165,222.00 |
| Mar 31, 2024 | 165,222.00 |
| Dec 31, 2023 | 194,246.00 |
| Dec 31, 2023 | 194,246.00 |
| Sep 30, 2023 | 299,706.00 |
| Sep 30, 2023 | 299,706.00 |
| Jun 30, 2023 | 413,502.00 |
| Jun 30, 2023 | 413,502.00 |
| Mar 31, 2023 | 10.80 Mn |
| Mar 31, 2023 | 10.80 Mn |