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% on a QoQ basis from $1.3 million in Q4 2025.
SolarMax Technology (SMXT) has 4 years of Gross Profit data on file, last reported at $3.0 million in Q1 2026.
- Quarterly Gross Profit rose 114.69% year-over-year to $3.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $5.9 million (up 39.53% YoY) and the FY2025 annual result came in at $4.2 million, up 82.76% from the prior year.
- Gross Profit grew to $3.0 million in Q1 2026 per SMXT's latest filing, from $1.3 million in the prior quarter.
- Across five years, Gross Profit topped out at $20.0 million in Q1 2024 and bottomed at $588083.0 in Q2 2024.
- The 4-year median for Gross Profit is $1.4 million (2025), against an average of $3.2 million.
- The widest annual swing landed in 2024, when Gross Profit soared 865.09%; it then sank 92.9% in 2025.
- Tracing SMXT's Gross Profit over 4 years: stood at $2.9 million in 2023, then plunged by 68.33% to $933560.0 in 2024, then surged by 33.93% to $1.3 million in 2025, then surged by 143.67% to $3.0 million in 2026.
- Per Business Quant, the three latest SMXT Gross Profit figures stand at $3.0 million (Q1 2026), $1.3 million (Q4 2025), and $956208.0 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn |
| 10 | SolarMax Technology | 30.01 Mn | 25.71 Mn | 3.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Sep 30, 2023 | 4.05 Mn |
| Sep 30, 2023 | 4.05 Mn |
| Jun 30, 2023 | 2.08 Mn |
| Jun 30, 2023 | 2.08 Mn |
| Mar 31, 2023 | 2.07 Mn |
| Mar 31, 2023 | 2.07 Mn |