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-over-year from $1.4 million in Q1 2025, and up 143.67% quarter-over-quarter from $1.3 million in Q4 2025.
Analysis
SolarMax Technology (SMXT) Gross Profit (2023 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has reported Gross Profit for 4 consecutive years, with $3.0 million the latest figure, recorded 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 was $3.0 million for Q1 2026 at SolarMax Technology, up 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.
- Across the five-year window, Gross Profit jumped 865.09% in 2024 and plunged 92.9% in 2025, its largest moves.
- Over 4 years, Gross Profit stood at $2.9 million in 2023, then tumbled by 68.33% to $933560.0 in 2024, then soared by 33.93% to $1.3 million in 2025, then soared by 143.67% to $3.0 million in 2026.
- The last three Gross Profit figures came in at $3.0 million (Q1 2026), $1.3 million (Q4 2025), and $956208.0 (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sunrun | 2.06 Bn | 2.96 Bn | 527.54 Mn |
| 2 | SunPower | 51.51 Mn | 47.41 Mn | 24.96 Mn |
| 3 | SUNation Energy | 20.84 Mn | 17.78 Mn | 2.13 Mn |
| 4 | Zeo Energy | 18.90 Mn | 33.89 Mn | 7.62 Mn |
| 5 | SolarMax Technology | 11.10 Mn | 6.51 Mn | 3.05 Mn |
| 6 | Founder | 1.80 Mn | -28.08 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 3.05 Mn |
| Dec 31, 2025 | 1.25 Mn |
| Sep 30, 2025 | 956,208.00 |
| Jun 30, 2025 | 604,561.00 |
| Mar 31, 2025 | 1.42 Mn |
| Dec 31, 2024 | 933,560.00 |
| Sep 30, 2024 | 1.26 Mn |
| Jun 30, 2024 | 588,083.00 |
| Mar 31, 2024 | 20.00 Mn |
| Dec 31, 2023 | 2.95 Mn |
| Sep 30, 2023 | 4.05 Mn |
| Jun 30, 2023 | 2.08 Mn |
| Mar 31, 2023 | 2.07 Mn |