SolarMax Technology (SMXT) Research & Development (2023 - 2026)
SolarMax Technology's (SMXT) quarterly Research & Development came in at $42627.0 in Q1 2026, down 46.05% year-over-year from $79012.0 in Q1 2025, and down 39.83% quarter-over-quarter from $70845.0 in Q4 2025.
Analysis
SolarMax Technology (SMXT) Research & Development (2023 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has reported Research & Development for 4 consecutive years, with $42627.0 the latest figure, recorded in Q1 2026.
- On a quarterly basis, Research & Development fell 46.05% year-over-year to $42627.0 in Q1 2026; TTM through Mar 2026 was $330320.0, a 23.33% decrease from a year earlier, with the FY2025 full-year figure at $366705.0, down 29.08% from the prior year.
- Research & Development was $42627.0 for Q1 2026 at SolarMax Technology, down from $70845.0 in the prior quarter.
- Over five years, Research & Development peaked at $413502.0 in Q2 2023 and troughed at $42627.0 in Q1 2026.
- A 4-year average of $160321.8 and a median of $140017.0 in 2024 frame the typical range for Research & Development.
- Across the five-year window, Research & Development slumped 78.98% in 2024 and gained 4.39% in 2025, its largest moves.
- Over 4 years, Research & Development stood at $194246.0 in 2023, then sank by 35.69% to $124912.0 in 2024, then tumbled by 43.28% to $70845.0 in 2025, then sank by 39.83% to $42627.0 in 2026.
- The last three Research & Development figures came in at $42627.0 (Q1 2026), $70845.0 (Q4 2025), and $146157.0 (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunrun | 2.06 Bn | 2.06 Bn | 527.54 Mn | 190.68 Mn |
| 2 | SunPower | 52.30 Mn | 48.20 Mn | 24.96 Mn | - |
| 3 | SUNation Energy | 21.76 Mn | 18.70 Mn | 2.13 Mn | - |
| 4 | SolarMax Technology | 10.72 Mn | 6.13 Mn | 3.05 Mn | 42,627.00 |
| 5 | Founder | 1.62 Mn | -28.27 Mn | - | - |
| 6 | Zeo Energy | 1.57 Mn | 16.56 Mn | 7.62 Mn | 4.42 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 42,627.00 |
| Dec 31, 2025 | 70,845.00 |
| Sep 30, 2025 | 146,157.00 |
| Jun 30, 2025 | 70,691.00 |
| Mar 31, 2025 | 79,012.00 |
| Dec 31, 2024 | 124,912.00 |
| Sep 30, 2024 | 140,017.00 |
| Jun 30, 2024 | 86,907.00 |
| Mar 31, 2024 | 165,222.00 |
| Dec 31, 2023 | 194,246.00 |
| Sep 30, 2023 | 299,706.00 |
| Jun 30, 2023 | 413,502.00 |
| Mar 31, 2023 | 250,339.00 |