Growth Metrics

SolarMax Technology (SMXT) Gross Margin (2023 - 2025)

SolarMax Technology (SMXT) has disclosed Gross Margin for 3 consecutive years, with 3.12% as the latest value for Q3 2025.

  • On a quarterly basis, Gross Margin fell 1673.0% to 3.12% in Q3 2025 year-over-year; TTM through Sep 2025 was 7.7%, a 7841.0% decrease, with the full-year FY2024 number at 10.07%, down 1052.0% from a year prior.
  • Gross Margin was 3.12% for Q3 2025 at SolarMax Technology, down from 8.78% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 346.98% in Q1 2024 to a low of 3.12% in Q3 2025.
  • A 3-year average of 46.33% and a median of 16.1% in 2023 define the central range for Gross Margin.
  • Peak YoY movement for Gross Margin: soared 33087bps in 2024, then plummeted -32649bps in 2025.
  • SolarMax Technology's Gross Margin stood at 24.08% in 2023, then tumbled by -40bps to 14.5% in 2024, then tumbled by -78bps to 3.12% in 2025.
  • Per Business Quant, the three most recent readings for SMXT's Gross Margin are 3.12% (Q3 2025), 8.78% (Q2 2025), and 20.48% (Q1 2025).