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.

• Quarterly Operating Expenses rose 14.6% year-over-year to $3.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $10.9 million (down 44.31% YoY) and the FY2025 annual result came in at $10.5 million, down 70.28% from the prior year.
• Operating Expenses grew to $3.0 million in Q1 2026 per SMXT's latest filing, from $2.5 million in the prior quarter.
• Across five years, Operating Expenses topped out at $18.4 million in Q1 2024 and bottomed at $1.5 million in Q1 2023.
• The 4-year median for Operating Expenses is $3.0 million (2024), against an average of $4.6 million.
• The widest annual swing landed in 2024, when Operating Expenses surged 1091.9%; it then tumbled 86.02% in 2025.
• Tracing SMXT's Operating Expenses over 4 years: stood at $3.0 million in 2023, then fell by 9.04% to $2.7 million in 2024, then retreated by 7.89% to $2.5 million in 2025, then gained by 17.35% to $3.0 million in 2026.
• Per Business Quant, the three latest SMXT Operating Expenses figures stand at $3.0 million (Q1 2026), $2.5 million (Q4 2025), and $3.1 million (Q3 2025).

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