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

SolarMax Technology (SMXT) has reported Gross Profit for 4 consecutive years, with $3.0 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Gross Profit rose 114.69% year-over-year to $3.0 million; the TTM figure through Mar 2026 stood at $5.9 million (up 39.53% YoY), while the FY2025 annual figure was $4.2 million, up 82.76% from the prior year.
• Gross Profit climbed 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.
• Historically, Gross Profit has averaged $3.2 million across 4 years, with a median of $1.4 million in 2025.
• Annual changes were most pronounced in 2024 — Gross Profit surged 865.09% — and 2025, when it tumbled 92.9%.
• SolarMax Technology's Gross Profit stood at $2.9 million in 2023, then tumbled 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.
• 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.