SolarMax Technology (SMXT) Operating Expenses (2023 - 2026)
SolarMax Technology (SMXT) reported Operating Expenses of $2.95 million for Q1 2026, up 14.6% from $2.57 million a year earlier and up 17.4% from the prior quarter.
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Analysis
SolarMax Technology (SMXT) Operating Expenses (2023 - 2026) Analysis & Trends
Over the twelve months ended Mar 31, 2026, SolarMax Technology's Operating Expenses came in at $10.9 million, down 44.3% year-over-year; for FY2025, it came in at $10.53 million, down 70.3% from FY2024.
- Operating Expenses has a three-year compound annual growth rate of -12.0% (FY2022 to FY2025).
- By year, Operating Expenses came in at $35.42 million in FY2024 (+232.1%), $10.67 million in FY2023 (-31.0%) and $15.45 million in FY2022.
- Five-year quarterly Operating Expenses spans a low of $1.55 million in Q1 2023 and a high of $18.42 million in Q1 2024.
- Year over year, Operating Expenses gained in two of the last eight quarters, with growth averaging 9.9%.
- The high point for year-over-year Operating Expenses in five years was Q3 2024 (growth of 260.8%); the low point was Q1 2025 (a decline of 86.0%).
- Per Business Quant data, the three quarters before Q1 2026 came in at $2.51 million (Q4 2025), $3.06 million (Q3 2025) and $2.37 million (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 96.54 Bn | 94.73 Bn | 1.55 Bn | 698.49 Mn |
| 2 | Ferrovial | 38.99 Bn | 19.58 Bn | - | - |
| 3 | Emcor | 33.36 Bn | 29.75 Bn | 1.02 Bn | 475.04 Mn |
| 4 | Mastec | 17.15 Bn | 16.06 Bn | 556.28 Mn | 292.57 Mn |
| 5 | Jacobs Solutions | 15.84 Bn | 10.49 Bn | 810.70 Mn | 524.00 Mn |
| 6 | Sterling Infrastructure | 15.09 Bn | 13.45 Bn | 289.96 Mn | 65.66 Mn |
| 7 | IES Holdings | 12.79 Bn | 11.66 Bn | 340.66 Mn | 162.17 Mn |
| 8 | Dycom Industries | 8.06 Bn | 7.19 Bn | - | - |
| 9 | Stantec | 7.69 Bn | 7.69 Bn | - | 972.05 Mn |
| 10 | SolarMax Technology | 11.10 Mn | -8.81 Mn | 3.05 Mn | 2.95 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 2.95 Mn |
| Dec 31, 2025 | 2.51 Mn |
| Sep 30, 2025 | 3.06 Mn |
| Jun 30, 2025 | 2.37 Mn |
| Mar 31, 2025 | 2.57 Mn |
| Dec 31, 2024 | 2.73 Mn |
| Sep 30, 2024 | 11.28 Mn |
| Jun 30, 2024 | 2.99 Mn |
| Mar 31, 2024 | 18.42 Mn |
| Dec 31, 2023 | 3.00 Mn |
| Sep 30, 2023 | 3.13 Mn |
| Jun 30, 2023 | 2.99 Mn |
| Mar 31, 2023 | 1.55 Mn |
API Access
SolarMax Technology Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=SMXT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "SMXT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=SMXT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();