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SolarMax Technology (SMXT) Operating Expenses (2023 - 2025)

SolarMax Technology (SMXT) has disclosed Operating Expenses for 3 consecutive years, with $3.1 million as the latest value for Q3 2025.

  • On a quarterly basis, Operating Expenses fell 72.84% to $3.1 million in Q3 2025 year-over-year; TTM through Sep 2025 was $10.7 million, a 69.9% decrease, with the full-year FY2024 number at $35.4 million, up 232.09% from a year prior.
  • Operating Expenses was $3.1 million for Q3 2025 at SolarMax Technology, up from $2.4 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $18.4 million in Q1 2024 to a low of $1.5 million in Q1 2023.
  • A 3-year average of $4.9 million and a median of $3.0 million in 2023 define the central range for Operating Expenses.
  • Peak YoY movement for Operating Expenses: skyrocketed 1091.9% in 2024, then plummeted 86.02% in 2025.
  • SolarMax Technology's Operating Expenses stood at $3.0 million in 2023, then fell by 9.04% to $2.7 million in 2024, then increased by 12.27% to $3.1 million in 2025.
  • Per Business Quant, the three most recent readings for SMXT's Operating Expenses are $3.1 million (Q3 2025), $2.4 million (Q2 2025), and $2.6 million (Q1 2025).