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| 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 |