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

SolarMax Technology (SMXT) reported Operating Income of $96196.0 for Q1 2026, up 108.33% year-over-year from $46175.9 in Q1 2025, and up 107.61% quarter-over-quarter from -$1.3 million in Q4 2025.

SolarMax Technology (SMXT) Operating Income (2023 - 2026) Analysis & Trends

SolarMax Technology (SMXT) has 4 years of Operating Income data on file, last reported at $96196.0 in Q1 2026.

  • Operating Income for Q1 2026 came in at $96196.0, up 108.33% year-over-year; the trailing twelve-month figure through Mar 2026 was -$5.0 million (up 67.2% YoY), and the FY2025 annual result was -$6.3 million, up 80.98% from the prior year.
  • Operating Income improved to $96196.0 in Q1 2026 per SMXT's latest filing, from -$1.3 million in the prior quarter.
  • Over five years, Operating Income peaked at $920449.0 in Q3 2023 and troughed at -$18.9 million in Q1 2024.
  • A 4-year average of -$3.0 million and a median of -$1.3 million in 2025 frame the typical range for Operating Income.
  • The sharpest annual moves came in 2024 and 2026: Operating Income plunged 3681.25% in 2024, then surged 108.33% in 2026.
  • A 4-year view of Operating Income shows it stood at -$53140.0 in 2023, then plunged by 3279.63% to -$1.8 million in 2024, then advanced by 29.63% to -$1.3 million in 2025, then jumped by 107.61% to $96196.0 in 2026.
  • Business Quant data shows SMXT's Operating Income at $96196.0 in Q1 2026, -$1.3 million in Q4 2025, and -$2.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 345.30 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 153.59 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn -29.64 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn -55.04 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn -43.51 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 7.72 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 7.11 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn -85.26 Mn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn -2.41 Mn
10 SolarMax Technology 21.92 Mn 17.61 Mn 3.05 Mn 96,196.00

Historic Data

Download Data
DateValue
Mar 31, 2026 96,196.00
Dec 31, 2025 -1.26 Mn
Sep 30, 2025 -2.11 Mn
Jun 30, 2025 -1.77 Mn
Mar 31, 2025 -1.16 Mn
Dec 31, 2024 -1.80 Mn
Sep 30, 2024 -10.03 Mn
Jun 30, 2024 -2.40 Mn
Mar 31, 2024 -18.88 Mn
Dec 31, 2023 -53,140.00
Sep 30, 2023 920,449.00
Jun 30, 2023 -910,669.00
Mar 31, 2023 527,211.00