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Cash Flow Statement
Amortization of Deferred ChargesAmortizatization of IntangiblesAsset Writedowns and ImpairmentCash from Financing ActivitiesCash from Investing ActivitiesCash from OperationsChange in Account PayablesChange in Accured ExpensesChange in Acquisitions & DivestmentsChange in CashChange in InventoryChange in ReceivablesDeferred TaxesDepreciation & Amortization (CF)Depreciation and DepletionExchange Rate EffectFree Cash FlowGains from Investment SecuritiesLong-Term Debt RepaymentsNet Cash FlowNet IncomeOther Working Capital ChangesSales of Property, Plant and EquipmentShare-based CompensationShares Issued
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SolarMax Technology (SMXT) Net Income (2023 - 2025)

SolarMax Technology (SMXT) has disclosed Net Income for 3 consecutive years, with -$2.3 million as the latest value for Q3 2025.

  • On a quarterly basis, Net Income rose 77.21% to -$2.3 million in Q3 2025 year-over-year; TTM through Sep 2025 was -$6.4 million, a 79.52% increase, with the full-year FY2024 number at -$33.3 million, down 7758.6% from a year prior.
  • Net Income was -$2.3 million for Q3 2025 at SolarMax Technology, down from -$1.5 million in the prior quarter.
  • In the past five years, Net Income ranged from a high of $1.3 million in Q3 2023 to a low of -$19.0 million in Q1 2024.
  • A 3-year average of -$3.4 million and a median of -$1.5 million in 2024 define the central range for Net Income.
  • Peak YoY movement for Net Income: plummeted 3892.03% in 2024, then soared 94.16% in 2025.
  • SolarMax Technology's Net Income stood at -$37499.0 in 2023, then tumbled by 3892.03% to -$1.5 million in 2024, then plummeted by 50.84% to -$2.3 million in 2025.
  • Per Business Quant, the three most recent readings for SMXT's Net Income are -$2.3 million (Q3 2025), -$1.5 million (Q2 2025), and -$1.1 million (Q1 2025).