SolarMax Technology (SMXT) Net Income (2023 - 2026)
SolarMax Technology (SMXT) reported Net Income of -$306684.0 for Q1 2026, up 76.34% year-over-year from -$173915.8 in Q1 2025, and up 64.84% quarter-over-quarter from -$872245.0 in Q4 2025.
SolarMax Technology (SMXT) Net Income (2023 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has 4 years of Net Income data on file, last reported at -$306684.0 in Q1 2026.
- Net Income for Q1 2026 came in at -$306684.0, up 76.34% year-over-year; the trailing twelve-month figure through Mar 2026 was -$5.3 million (up 68.59% YoY), and the FY2025 annual result was -$6.3 million, up 81.91% from the prior year.
- Net Income rose to -$306684.0 in Q1 2026 per SMXT's latest filing, from -$872245.0 in the prior quarter.
- Over five years, Net Income peaked at $1.5 million in Q3 2023 and troughed at -$19.3 million in Q1 2024.
- A 4-year average of -$3.2 million and a median of -$1.9 million in 2023 frame the typical range for Net Income.
- The sharpest annual moves came in 2024 and 2025: Net Income tumbled 4697.71% in 2024, then surged 93.27% in 2025.
- A 4-year view of Net Income shows it stood at $84903.0 in 2023, then plunged by 4697.71% to -$3.9 million in 2024, then jumped by 77.66% to -$872245.0 in 2025, then jumped by 64.84% to -$306684.0 in 2026.
- Business Quant data shows SMXT's Net Income at -$306684.0 in Q1 2026, -$872245.0 in Q4 2025, and -$2.3 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 346.62 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 150.60 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | -7.45 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | -57.37 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | -297.33 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | -297,000.00 |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 2.03 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | -228.75 Mn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | -1.75 Mn |
| 10 | SolarMax Technology | 21.92 Mn | 17.61 Mn | 3.05 Mn | -306,684.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -306,684.00 |
| Dec 31, 2025 | -872,245.00 |
| Sep 30, 2025 | -2.26 Mn |
| Jun 30, 2025 | -1.90 Mn |
| Mar 31, 2025 | -1.30 Mn |
| Dec 31, 2024 | -3.90 Mn |
| Sep 30, 2024 | -9.62 Mn |
| Jun 30, 2024 | -2.16 Mn |
| Mar 31, 2024 | -19.27 Mn |
| Dec 31, 2023 | 84,903.00 |
| Sep 30, 2023 | 1.47 Mn |
| Jun 30, 2023 | -1.86 Mn |
| Mar 31, 2023 | 742,815.00 |