SolarMax Technology (SMXT) Net Income (2023 - 2026)
SolarMax Technology's (SMXT) quarterly Net Income came in at -$306684.0 in 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.
Analysis
SolarMax Technology (SMXT) Net Income (2023 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has reported Net Income for 4 consecutive years, with -$306684.0 the latest figure, recorded in Q1 2026.
- On a quarterly basis, Net Income rose 76.34% year-over-year to -$306684.0 in Q1 2026; TTM through Mar 2026 was -$5.3 million, a 68.59% increase from a year earlier, with the FY2025 full-year figure at -$6.3 million, up 81.91% from the prior year.
- Net Income was -$306684.0 for Q1 2026 at SolarMax Technology, up 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.
- Across the five-year window, Net Income plunged 4697.71% in 2024 and jumped 93.27% in 2025, its largest moves.
- Over 4 years, Net Income stood at $84903.0 in 2023, then sank by 4697.71% to -$3.9 million in 2024, then soared by 77.66% to -$872245.0 in 2025, then soared by 64.84% to -$306684.0 in 2026.
- The last three Net Income figures came in at -$306684.0 (Q1 2026), -$872245.0 (Q4 2025), and -$2.3 million (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunrun | 2.06 Bn | 2.96 Bn | 527.54 Mn | -208.17 Mn |
| 2 | SunPower | 51.51 Mn | 47.41 Mn | 24.96 Mn | 6.89 Mn |
| 3 | SUNation Energy | 20.84 Mn | 17.78 Mn | 2.13 Mn | -3.34 Mn |
| 4 | Zeo Energy | 18.90 Mn | 33.89 Mn | 7.62 Mn | -2.75 Mn |
| 5 | SolarMax Technology | 11.10 Mn | 6.51 Mn | 3.05 Mn | -306,684.00 |
| 6 | Founder | 1.80 Mn | -28.08 Mn | - | - |
Historic Data
Download Data
Historic 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 |