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% on a QoQ basis from -$1.3 million in Q4 2025.
SolarMax Technology (SMXT) has 4 years of Operating Income data on file, last reported at $96196.0 in Q1 2026.
- Quarterly Operating Income rose 108.33% year-over-year to $96196.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$5.0 million (up 67.2% YoY) and the FY2025 annual result came in at -$6.3 million, up 80.98% from the prior year.
- Operating Income rose 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.
- The 4-year median for Operating Income is -$1.3 million (2025), against an average of -$3.0 million.
- The widest annual swing landed in 2024, when Operating Income slumped 3681.25%; it then soared 108.33% in 2026.
- Tracing SMXT's Operating Income over 4 years: stood at -$53140.0 in 2023, then slumped by 3279.63% to -$1.8 million in 2024, then rose by 29.63% to -$1.3 million in 2025, then surged by 107.61% to $96196.0 in 2026.
- Per Business Quant, the three latest SMXT Operating Income figures stand at $96196.0 (Q1 2026), -$1.3 million (Q4 2025), and -$2.1 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 345.30 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 153.59 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | -64.06 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | -29.64 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | -55.04 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | -43.51 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 7.72 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 7.11 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | -85.26 Mn |
| 10 | SolarMax Technology | 30.01 Mn | 25.71 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 |