Growth Metrics

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 🔒
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
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