SolarMax Technology (SMXT) Operating Income (2023 - 2026)
SolarMax Technology (SMXT) posted quarterly 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 reported Operating Income for 4 consecutive years, with $96196.0 the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Income rose 108.33% year-over-year to $96196.0; the TTM figure through Mar 2026 stood at -$5.0 million (up 67.2% YoY), while the FY2025 annual figure was -$6.3 million, up 80.98% from the prior year.
- Operating Income advanced to $96196.0 in Q1 2026 per SMXT's latest filing, from -$1.3 million in the prior quarter.
- Across five years, Operating Income topped out at $920449.0 in Q3 2023 and bottomed at -$18.9 million in Q1 2024.
- Historically, Operating Income has averaged -$3.0 million across 4 years, with a median of -$1.3 million in 2025.
- Annual changes were most pronounced in 2024 — Operating Income plunged 3681.25% — and 2026, when it surged 108.33%.
- SolarMax Technology's Operating Income stood at -$53140.0 in 2023, then sank by 3279.63% to -$1.8 million in 2024, then climbed by 29.63% to -$1.3 million in 2025, then surged 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.32 Bn | 21.59 Bn | 605.00 Mn | 450.39 Mn |
| 2 | Nextpower | 13.15 Bn | 11.93 Bn | 335.85 Mn | 190.91 Mn |
| 3 | Enphase Energy | 5.16 Bn | 4.22 Bn | 175.01 Mn | 51.52 Mn |
| 4 | Sunrun | 2.25 Bn | 2.25 Bn | 527.54 Mn | 34.79 Mn |
| 5 | Solaredge Technologies | 1.92 Bn | 1.34 Bn | 95.15 Mn | -16.05 Mn |
| 6 | Shoals Technologies | 1.22 Bn | 1.21 Bn | 49.53 Mn | 18.72 Mn |
| 7 | Canadian Solar | 993.25 Mn | -595.03 Mn | 124.40 Mn | -64.06 Mn |
| 8 | JinkoSolar Holding | 841.85 Mn | -2.47 Bn | 147.66 Mn | -85.26 Mn |
| 9 | Array Technologies | 723.94 Mn | 416.64 Mn | 99.60 Mn | 34.77 Mn |
| 10 | SolarMax Technology | 16.34 Mn | 11.75 Mn | 3.05 Mn | 96,196.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |