SolarMax Technology (SMXT) Gross Profit (2023 - 2026)
SolarMax Technology's (SMXT) quarterly Gross Profit came in at $3.0 million in Q1 2026, up 114.69% year-on-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) 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.
- On a quarterly basis, Gross Profit rose 114.69% year-over-year to $3.0 million in Q1 2026; TTM through Mar 2026 was $5.9 million, a 39.53% increase from a year earlier, with the FY2025 full-year figure at $4.2 million, up 82.76% from the prior year.
- Gross Profit for Q1 2026 stood at $3.0 million, up from $1.3 million in the prior quarter.
- Over the last five years, Gross Profit for SMXT reached as high as $20.0 million in Q1 2024 and fell as low as $588083.0 in Q2 2024.
- Historically, Gross Profit has averaged $3.2 million across 4 years, with a median of $1.4 million in 2025.
- Across the five-year window, Gross Profit soared 865.09% in 2024 and sank 92.9% in 2025, its largest moves.
- Year by year, Gross Profit stood at $2.9 million in 2023, then tumbled 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.
- Per Business Quant data, the three most recent Gross Profit figures were $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 | 22.08 Bn | 19.65 Bn | 486.13 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn |
| 10 | SolarMax Technology | 18.57 Mn | 13.99 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 |