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

SolarMax Technology (SMXT) reported Gross Profit of $3.0 million for Q1 2026, up 114.69% year-over-year from $1.4 million in Q1 2025, and up 143.67% quarter-over-quarter from $1.3 million in Q4 2025.

SolarMax Technology (SMXT) Gross Profit (2023 - 2026) Analysis & Trends

SolarMax Technology (SMXT) has 4 years of Gross Profit data on file, last reported at $3.0 million in Q1 2026.

  • Gross Profit for Q1 2026 came in at $3.0 million, up 114.69% year-over-year; the trailing twelve-month figure through Mar 2026 was $5.9 million (up 39.53% YoY), and the FY2025 annual result was $4.2 million, up 82.76% from the prior year.
  • Gross Profit rose to $3.0 million in Q1 2026 per SMXT's latest filing, from $1.3 million in the prior quarter.
  • Over five years, Gross Profit peaked at $20.0 million in Q1 2024 and troughed at $588083.0 in Q2 2024.
  • A 4-year average of $3.2 million and a median of $1.4 million in 2025 frame the typical range for Gross Profit.
  • The sharpest annual moves came in 2024 and 2025: Gross Profit surged 865.09% in 2024, then tumbled 92.9% in 2025.
  • A 4-year view of Gross Profit shows it stood at $2.9 million in 2023, then slumped by 68.33% to $933560.0 in 2024, then jumped by 33.93% to $1.3 million in 2025, then jumped by 143.67% to $3.0 million in 2026.
  • Business Quant data shows SMXT's Gross Profit at $3.0 million in Q1 2026, $1.3 million in Q4 2025, and $956208.0 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn
10 SolarMax Technology 21.92 Mn 17.61 Mn 3.05 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 3.05 Mn
Mar 31, 2026 3.05 Mn
Dec 31, 2025 1.25 Mn
Dec 31, 2025 1.25 Mn
Sep 30, 2025 956,208.00
Sep 30, 2025 956,208.00
Jun 30, 2025 604,561.00
Jun 30, 2025 604,561.00
Mar 31, 2025 1.42 Mn
Mar 31, 2025 1.42 Mn
Dec 31, 2024 933,560.00
Dec 31, 2024 933,560.00
Sep 30, 2024 1.26 Mn
Sep 30, 2024 1.26 Mn
Jun 30, 2024 588,083.00
Jun 30, 2024 588,083.00
Mar 31, 2024 20.00 Mn
Mar 31, 2024 20.00 Mn
Dec 31, 2023 2.95 Mn
Dec 31, 2023 2.95 Mn