SolarMax Technology (SMXT) Gross Margin (2023 - 2026)

SolarMax Technology (SMXT) has reported Gross Margin for 4 consecutive years, with 20.54% the latest figure, recorded in Q1 2026.

• On a quarterly basis, Gross Margin rose 6.0% year-over-year to 20.54% in Q1 2026; TTM through Mar 2026 was 5.92%, a 1146.0% decrease from a year earlier, with the FY2025 full-year figure at 4.65%, down 542.0% from the prior year.
• Gross Margin was 20.54% for Q1 2026 at SolarMax Technology, up from 2.68% in the prior quarter.
• Over five years, Gross Margin peaked at 346.98% in Q1 2024 and troughed at 2.68% in Q4 2025.
• A 4-year average of 40.98% and a median of 16.1% in 2023 frame the typical range for Gross Margin.
• Across the five-year window, Gross Margin surged 33087 bps in 2024 and tumbled 32649 bps in 2025, its largest moves.
• Over 4 years, Gross Margin stood at 24.08% in 2023, then slumped by 40 bps to 14.5% in 2024, then plunged by 81 bps to 2.68% in 2025, then jumped by 665 bps to 20.54% in 2026.
• The last three Gross Margin figures came in at 20.54% (Q1 2026), 2.68% (Q4 2025), and 3.12% (Q3 2025), per Business Quant data.