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.

• Operating Expenses for Q1 2026 came in at $3.0 million, up 14.6% year-over-year; the trailing twelve-month figure through Mar 2026 was $10.9 million (down 44.31% YoY), and the FY2025 annual result was $10.5 million, down 70.28% from the prior year.
• Operating Expenses rose to $3.0 million in Q1 2026 per SMXT's latest filing, from $2.5 million in the prior quarter.
• Over five years, Operating Expenses peaked at $18.4 million in Q1 2024 and troughed at $1.5 million in Q1 2023.
• A 4-year average of $4.6 million and a median of $3.0 million in 2024 frame the typical range for Operating Expenses.
• The sharpest annual moves came in 2024 and 2025: Operating Expenses jumped 1091.9% in 2024, then sank 86.02% in 2025.
• A 4-year view of Operating Expenses shows it stood at $3.0 million in 2023, then decreased by 9.04% to $2.7 million in 2024, then slipped by 7.89% to $2.5 million in 2025, then climbed by 17.35% to $3.0 million in 2026.
• Business Quant data shows SMXT's Operating Expenses at $3.0 million in Q1 2026, $2.5 million in Q4 2025, and $3.1 million in Q3 2025.