SolarMax Technology (SMXT) Net Margin (2023 - 2026)
SolarMax Technology (SMXT) reported Net Margin of 2.07% for Q1 2026, up 1664.0% year-over-year from 0.12% in Q1 2025, and down 10.41% on a QoQ basis from 1.87% in Q4 2025.
SolarMax Technology (SMXT) has 4 years of Net Margin data on file, last reported at 2.07% in Q1 2026.
- Quarterly Net Margin rose 1664.0% year-over-year to 2.07% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 5.4% (up 6494.0% YoY) and the FY2025 annual result came in at 6.95%, up 14514.0% from the prior year.
- Net Margin declined to 2.07% in Q1 2026 per SMXT's latest filing, from 1.87% in the prior quarter.
- Across five years, Net Margin topped out at 10.27% in Q3 2023 and bottomed at 334.34% in Q1 2024.
- The 4-year median for Net Margin is 12.6% (2023), against an average of 49.93%.
- The widest annual swing landed in 2024, when Net Margin slumped 34012 bps; it then jumped 31563 bps in 2025.
- Tracing SMXT's Net Margin over 4 years: stood at 0.69% in 2023, then sank by 8845 bps to 60.64% in 2024, then soared by 97 bps to 1.87% in 2025, then decreased by 10 bps to 2.07% in 2026.
- Per Business Quant, the three latest SMXT Net Margin figures stand at 2.07% (Q1 2026), 1.87% (Q4 2025), and 7.38% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 33.19% |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 17.10% |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | -7.09% |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | -2.63% |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | -18.48% |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | -41.17% |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | -0.21% |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | -6.06% |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | -3.78% |
| 10 | SolarMax Technology | 30.01 Mn | 25.71 Mn | 3.05 Mn | -2.07% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.07% |
| Dec 31, 2025 | -4.88% |
| Sep 30, 2025 | -7.38% |
| Jun 30, 2025 | -27.59% |
| Mar 31, 2025 | -18.71% |
| Dec 31, 2024 | -60.64% |
| Sep 30, 2024 | -151.98% |
| Jun 30, 2024 | -48.59% |
| Mar 31, 2024 | -334.34% |
| Dec 31, 2023 | 0.01% |
| Sep 30, 2023 | 10.27% |
| Jun 30, 2023 | -12.60% |
| Mar 31, 2023 | 5.77% |