SolarMax Technology (SMXT) Gross Margin (2023 - 2026)
SolarMax Technology (SMXT) reported Gross Margin of 20.54% for Q1 2026, up 0.06 percentage points from 20.48% a year earlier and up 17.86 percentage points from the prior quarter.
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Analysis
SolarMax Technology (SMXT) Gross Margin (2023 - 2026) Analysis & Trends
Over the twelve months ended Mar 31, 2026, SolarMax Technology's Gross Margin came in at 5.92%, down 11.46 percentage points year-over-year; for FY2025, it came in at 4.65%, down 5.42 percentage points from FY2024.
- Gross Margin has a three-year change of -12.08 percentage points (FY2022 to FY2025).
- By year, Gross Margin came in at 10.07% in FY2024 (-10.52 pp), 20.59% in FY2023 (+3.86 pp) and 16.73% in FY2022.
- The Q1 2026 figure ranks as the highest quarterly Gross Margin since Q4 2023.
- Year over year, Gross Margin gained in two of the last eight quarters, with an average year-over-year change of -2.92 percentage points.
- The high point for year-over-year Gross Margin in five years was Q1 2025 (a gain of 28.54 percentage points); the low point was Q1 2024 (a drop of 24.16 percentage points).
- Per Business Quant data, the three quarters before Q1 2026 came in at 2.68% (Q4 2025), 3.12% (Q3 2025) and 8.78% (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 96.54 Bn | 94.73 Bn | 1.55 Bn | 16.17% |
| 2 | Ferrovial | 38.99 Bn | 19.58 Bn | - | - |
| 3 | Emcor | 33.36 Bn | 29.75 Bn | 1.02 Bn | 19.83% |
| 4 | Mastec | 17.15 Bn | 16.06 Bn | 556.28 Mn | 12.72% |
| 5 | Jacobs Solutions | 15.84 Bn | 10.49 Bn | 810.70 Mn | 19.89% |
| 6 | Sterling Infrastructure | 15.09 Bn | 13.45 Bn | 289.96 Mn | 24.82% |
| 7 | IES Holdings | 12.79 Bn | 11.66 Bn | 340.66 Mn | 27.41% |
| 8 | Dycom Industries | 8.06 Bn | 7.19 Bn | - | - |
| 9 | Stantec | 7.69 Bn | 7.69 Bn | - | - |
| 10 | SolarMax Technology | 11.10 Mn | -8.81 Mn | 3.05 Mn | 20.54% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 20.54% |
| Dec 31, 2025 | 2.68% |
| Sep 30, 2025 | 3.12% |
| Jun 30, 2025 | 8.78% |
| Mar 31, 2025 | 20.48% |
| Dec 31, 2024 | 14.50% |
| Sep 30, 2024 | 19.86% |
| Jun 30, 2024 | 13.20% |
| Mar 31, 2024 | -8.06% |
| Dec 31, 2023 | 24.08% |
| Sep 30, 2023 | 28.36% |
| Jun 30, 2023 | 14.10% |
| Mar 31, 2023 | 16.10% |
API Access
SolarMax Technology Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=SMXT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "SMXT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=SMXT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();