SolarMax Technology (SMXT) Net Margin (2023 - 2026)
SolarMax Technology's (SMXT) quarterly Net Margin came in at 2.07% in Q1 2026, up 1664.0% year-on-year from 0.12% in Q1 2025, and down 10.41% on a QoQ basis from 1.87% in Q4 2025.
SolarMax Technology (SMXT) Net Margin (2023 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has 4 years of Net Margin data on file, last reported at 2.07% in Q1 2026.
- On a quarterly basis, Net Margin rose 1664.0% year-over-year to 2.07% in Q1 2026; TTM through Mar 2026 was 5.4%, a 6494.0% increase from a year earlier, with the FY2025 full-year figure at 6.95%, up 14514.0% from the prior year.
- Net Margin for Q1 2026 stood at 2.07%, down from 1.87% in the prior quarter.
- Over the last five years, Net Margin for SMXT reached as high as 10.27% in Q3 2023 and fell as low as 334.34% in Q1 2024.
- Historically, Net Margin has averaged 49.98% across 4 years, with a median of 12.6% in 2023.
- Across the five-year window, Net Margin slumped 34012 bps in 2024 and jumped 31563 bps in 2025, its largest moves.
- Year by year, Net Margin stood at 0.01% in 2023, then slumped by 1047367 bps to 60.64% in 2024, then surged by 97 bps to 1.87% in 2025, then retreated by 10 bps to 2.07% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 2.07% in Q1 2026, 1.87% in Q4 2025, and 7.38% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 33.19% |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 17.10% |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | -2.62% |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | 129.61% |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | -18.48% |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | -41.17% |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | -0.21% |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 7.09% |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | -6.06% |
| 10 | SolarMax Technology | 18.57 Mn | 13.99 Mn | 3.05 Mn | -2.07% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.07% |
| Dec 31, 2025 | -1.87% |
| 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% |