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% quarter-over-quarter 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.
- Net Margin for Q1 2026 came in at 2.07%, up 1664.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 5.4% (up 6494.0% YoY), and the FY2025 annual result was 6.95%, up 14514.0% from the prior year.
- Net Margin eased to 2.07% in Q1 2026 per SMXT's latest filing, 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.
- The sharpest annual moves came in 2024 and 2025: Net Margin plunged 34012 bps in 2024, then soared 31563 bps in 2025.
- A 4-year view of Net Margin shows it stood at 0.69% in 2023, then tumbled by 8845 bps to 60.64% in 2024, then surged by 97 bps to 1.87% in 2025, then dropped 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 | 28.68 Bn | 26.25 Bn | 486.13 Mn | 33.19% |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 17.10% |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | -2.63% |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | -18.48% |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | -41.17% |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | -0.21% |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | -6.06% |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | -3.78% |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | -6.95% |
| 10 | SolarMax Technology | 21.92 Mn | 17.61 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 | 0.69% |
| Sep 30, 2023 | 10.27% |
| Jun 30, 2023 | -12.60% |
| Mar 31, 2023 | 5.77% |