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
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