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-on-year from $79012.0 in Q1 2025, and down 39.83% on a QoQ basis from $70845.0 in Q4 2025.
SolarMax Technology (SMXT) Research & Development (2023 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has 4 years of Research & Development data on file, last reported at $42627.0 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 for Q1 2026 stood at $42627.0, down from $70845.0 in the prior quarter.
- Over the last five years, Research & Development for SMXT reached as high as $413502.0 in Q2 2023 and fell as low as $42627.0 in Q1 2026.
- Historically, Research & Development has averaged $160321.8 across 4 years, with a median of $140017.0 in 2024.
- Across the five-year window, Research & Development tumbled 78.98% in 2024 and rose 4.39% in 2025, its largest moves.
- Year by year, 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.
- Per Business Quant data, the three most recent Research & Development figures were $42627.0 in Q1 2026, $70845.0 in Q4 2025, and $146157.0 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 66.94 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 43.17 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 48.09 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | -33.12 Mn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | 27.45 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 178.53 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | - |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 21.68 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | - |
| 10 | SolarMax Technology | 18.57 Mn | 13.99 Mn | 3.05 Mn | 42,627.00 |
Historic Data
Download 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 |