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

SolarMax Technology (SMXT) reported Operating Margin of 0.65% for Q1 2026, up 1733.0% year-over-year from 0.04% in Q1 2025, and up 123.9% quarter-over-quarter from 2.71% in Q4 2025.

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

SolarMax Technology (SMXT) has 4 years of Operating Margin data on file, last reported at 0.65% in Q1 2026.

  • Operating Margin for Q1 2026 came in at 0.65%, up 1733.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 5.1% (up 5858.0% YoY), and the FY2025 annual result was 6.92%, up 13709.0% from the prior year.
  • Operating Margin climbed to 0.65% in Q1 2026 per SMXT's latest filing, from 2.71% in the prior quarter.
  • Over five years, Operating Margin peaked at 6.45% in Q3 2023 and troughed at 327.56% in Q1 2024.
  • A 4-year average of 47.31% and a median of 6.89% in 2025 frame the typical range for Operating Margin.
  • The sharpest annual moves came in 2024 and 2025: Operating Margin slumped 33166 bps in 2024, then soared 31088 bps in 2025.
  • A 4-year view of Operating Margin shows it stood at 0.43% in 2023, then tumbled by 6328 bps to 27.9% in 2024, then soared by 90 bps to 2.71% in 2025, then surged by 124 bps to 0.65% in 2026.
  • Business Quant data shows SMXT's Operating Margin at 0.65% in Q1 2026, 2.71% in Q4 2025, and 6.89% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 33.07%
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 17.44%
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn -10.48%
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn -17.73%
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn -6.02%
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 5.49%
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 3.18%
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn -4.80%
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn -9.56%
10 SolarMax Technology 21.92 Mn 17.61 Mn 3.05 Mn 0.65%

Historic Data

Download Data
DateValue
Mar 31, 2026 0.65%
Dec 31, 2025 -2.71%
Sep 30, 2025 -6.89%
Jun 30, 2025 -25.70%
Mar 31, 2025 -16.68%
Dec 31, 2024 -27.90%
Sep 30, 2024 -158.37%
Jun 30, 2024 -53.87%
Mar 31, 2024 -327.56%
Dec 31, 2023 -0.43%
Sep 30, 2023 6.45%
Jun 30, 2023 -6.17%
Mar 31, 2023 4.10%