SolarMax Technology (SMXT) Net Margin (2023 - 2026)
SolarMax Technology (SMXT) posted quarterly Net Margin of 2.07% for Q1 2026, up 1664.0% year-over-year from 0.12% in Q1 2025, and down 10.41% quarter-over-quarter from 1.87% in Q4 2025.
SolarMax Technology (SMXT) Net Margin (2023 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has reported Net Margin for 4 consecutive years, with 2.07% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin rose 1664.0% year-over-year to 2.07%; the TTM figure through Mar 2026 stood at 5.4% (up 6494.0% YoY), while the FY2025 annual figure was 6.95%, up 14514.0% from the prior year.
- Net Margin retreated 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.
- Historically, Net Margin has averaged 49.98% across 4 years, with a median of 12.6% in 2023.
- Annual changes were most pronounced in 2024 — Net Margin plunged 34012 bps — and 2025, when it soared 31563 bps.
- SolarMax Technology's Net Margin stood at 0.01% in 2023, then slumped by 1047367 bps to 60.64% in 2024, then soared by 97 bps to 1.87% in 2025, then declined by 10 bps to 2.07% in 2026.
- Business Quant data shows SMXT's Net Margin at 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 | 23.03 Bn | 21.30 Bn | 605.00 Mn | 40.01% |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn | 17.68% |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn | 12.36% |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | -23.93% |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | -8.88% |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 7.43% |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn | -7.09% |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn | 129.61% |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn | 2.47% |
| 10 | SolarMax Technology | 16.01 Mn | 11.42 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% |