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% on a QoQ basis from 2.71% in Q4 2025.
SolarMax Technology (SMXT) has 4 years of Operating Margin data on file, last reported at 0.65% in Q1 2026.
- Quarterly Operating Margin rose 1733.0% year-over-year to 0.65% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 5.1% (up 5858.0% YoY) and the FY2025 annual result came in at 6.92%, up 13709.0% from the prior year.
- Operating Margin improved to 0.65% in Q1 2026 per SMXT's latest filing, from 2.71% in the prior quarter.
- Across five years, Operating Margin topped out at 6.45% in Q3 2023 and bottomed at 327.56% in Q1 2024.
- The 4-year median for Operating Margin is 6.89% (2025), against an average of 47.31%.
- The widest annual swing landed in 2024, when Operating Margin plunged 33166 bps; it then jumped 31088 bps in 2025.
- Tracing SMXT's Operating Margin over 4 years: stood at 0.43% in 2023, then sank by 6328 bps to 27.9% in 2024, then jumped by 90 bps to 2.71% in 2025, then soared by 124 bps to 0.65% in 2026.
- Per Business Quant, the three latest SMXT Operating Margin figures stand at 0.65% (Q1 2026), 2.71% (Q4 2025), and 6.89% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 33.07% |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 17.44% |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | -5.26% |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | -10.48% |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | -17.73% |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | -6.02% |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 5.49% |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 3.18% |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | -4.80% |
| 10 | SolarMax Technology | 30.01 Mn | 25.71 Mn | 3.05 Mn | 0.65% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |