SolarMax Technology (SMXT) Operating Margin (2023 - 2026)
SolarMax Technology's (SMXT) quarterly Operating Margin came in at 0.65% in 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.
Analysis
SolarMax Technology (SMXT) Operating Margin (2023 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has reported Operating Margin for 4 consecutive years, with 0.65% the latest figure, recorded in Q1 2026.
- On a quarterly basis, Operating Margin rose 1733.0% year-over-year to 0.65% in Q1 2026; TTM through Mar 2026 was 5.1%, a 5858.0% increase from a year earlier, with the FY2025 full-year figure at 6.92%, up 13709.0% from the prior year.
- Operating Margin was 0.65% for Q1 2026 at SolarMax Technology, up 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.
- Across the five-year window, Operating Margin tumbled 33166 bps in 2024 and surged 31088 bps in 2025, its largest moves.
- Over 4 years, Operating Margin stood at 0.43% in 2023, then plunged by 6328 bps to 27.9% in 2024, then surged by 90 bps to 2.71% in 2025, then jumped by 124 bps to 0.65% in 2026.
- The last three Operating Margin figures came in at 0.65% (Q1 2026), 2.71% (Q4 2025), and 6.89% (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunrun | 2.06 Bn | 2.96 Bn | 527.54 Mn | 4.00% |
| 2 | SunPower | 51.51 Mn | 47.41 Mn | 24.96 Mn | -42.76% |
| 3 | SUNation Energy | 20.84 Mn | 17.78 Mn | 2.13 Mn | -39.00% |
| 4 | Zeo Energy | 18.90 Mn | 33.89 Mn | 7.62 Mn | -18.49% |
| 5 | SolarMax Technology | 11.10 Mn | 6.51 Mn | 3.05 Mn | 0.65% |
| 6 | Founder | 1.80 Mn | -28.08 Mn | - | - |
Historic Data
Download Data
Historic 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% |