SolarMax Technology (SMXT) Operating Expenses (2023 - 2026)

SolarMax Technology (SMXT) has 4 years of Operating Expenses data on file, last reported at $3.0 million in Q1 2026.

• On a quarterly basis, Operating Expenses rose 14.6% year-over-year to $3.0 million in Q1 2026; TTM through Mar 2026 was $10.9 million, a 44.31% decrease from a year earlier, with the FY2025 full-year figure at $10.5 million, down 70.28% from the prior year.
• Operating Expenses for Q1 2026 stood at $3.0 million, up from $2.5 million in the prior quarter.
• Over the last five years, Operating Expenses for SMXT reached as high as $18.4 million in Q1 2024 and fell as low as $1.5 million in Q1 2023.
• Historically, Operating Expenses has averaged $4.6 million across 4 years, with a median of $3.0 million in 2024.
• Across the five-year window, Operating Expenses surged 1091.9% in 2024 and tumbled 86.02% in 2025, its largest moves.
• Year by year, Operating Expenses stood at $3.0 million in 2023, then declined by 9.04% to $2.7 million in 2024, then fell by 7.89% to $2.5 million in 2025, then rose by 17.35% to $3.0 million in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $3.0 million in Q1 2026, $2.5 million in Q4 2025, and $3.1 million in Q3 2025.