SolarMax Technology SMXT
NASDAQ SMXT
$2.42 +0.27 (+12.56%)
At close: Sep 10, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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