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-over-year from 0.12% in Q1 2025, and down 10.41% quarter-over-quarter from 1.87% in Q4 2025.
Analysis
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.
- 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 was 2.07% for Q1 2026 at SolarMax Technology, down from 1.87% in the prior quarter.
- Over five years, Net Margin peaked at 10.27% in Q3 2023 and troughed at 334.34% in Q1 2024.
- A 4-year average of 49.93% and a median of 12.6% in 2023 frame the typical range for Net Margin.
- Across the five-year window, Net Margin sank 34012 bps in 2024 and surged 31563 bps in 2025, its largest moves.
- Over 4 years, Net Margin stood at 0.69% in 2023, then plunged by 8845 bps to 60.64% in 2024, then jumped by 97 bps to 1.87% in 2025, then slipped by 10 bps to 2.07% in 2026.
- The last three Net Margin figures came in at 2.07% (Q1 2026), 1.87% (Q4 2025), and 7.38% (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunrun | 2.06 Bn | 2.96 Bn | 527.54 Mn | -23.93% |
| 2 | SunPower | 51.51 Mn | 47.41 Mn | 24.96 Mn | 12.57% |
| 3 | SUNation Energy | 20.84 Mn | 17.78 Mn | 2.13 Mn | -40.91% |
| 4 | Zeo Energy | 18.90 Mn | 33.89 Mn | 7.62 Mn | -14.44% |
| 5 | SolarMax Technology | 11.10 Mn | 6.51 Mn | 3.05 Mn | -2.07% |
| 6 | Founder | 1.80 Mn | -28.08 Mn | - | - |
Historic Data
Download Data
Historic 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 | 0.69% |
| Sep 30, 2023 | 10.27% |
| Jun 30, 2023 | -12.60% |
| Mar 31, 2023 | 5.77% |